Turkey Establishes Country’s First University Level Blockchain Center

- Advertisement -

Turkey established the first-university level blockchain center in order to increase deployment of the technology and a goal to reduce the blockchain expertise gap reported local news outlet Daily Sabah on August 3.

The Istanbul Blockchain and Innovation Center is a unique center which was inaugurated at Bahçeşehir University (BAU) on Friday. Bora Erdamar, who is the director of BlockchainIST center stated,
“The BlockchainIST Center is set to become the most important center of research and development and innovation in Turkey in which scientific studies and publications are made in blockchain technologies.”

The director further stated that Turkey might have an amazing chance to become the best country in blockchain technology which will instantly “transform humanity”. He highlighted the importance of cooperation and partnership with other educational establishments, businesses, and government institutions to lead appropriate blockchain research and examine all the possible outcomes.

Currently, Turkey is not the first company which praises the advantages of blockchain technology, crypto-related courses, and smart contracts. Various Universities around the globe have already launched the blockchain technology center to conduct blockchain research.

In the beginning of 2018, Stanford University established the Blockchain Research Center, partly backed up by Ethereum Foundation. Moreover, Fundação Getúlio Vargas, a popular Brazilian University started providing its students with a master degree in Crypto-finance. Apart from this, Ripple donated $50 million to 17 Universities across the globe to increase the education of Blockchain and Cryptocurrency.

However, Blockchain IST's director highlighted that Turkey is moving towards digitization and continuously improving itself to maintain its position with the rest of the countries. But, the Turkish authorities have exhibited an unclear attitude towards the crypto industry.

In November 2017, the legal authorities have taken a hard step on Bitcoin (BTC), when the lawmakers of the state Directorate of Religious Affairs stated that Bitcoin is “not compatible” with Islam. Later, this year, the authorities are planning to launch a national digital currency known as TurkCoin.

- Ad -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -
- Advertisement -

The Investment of the Decade by Teeka Tiwari: What Is It?

Teeka Tiwari's Investment of the Decade is a new special broadcast of his highly popularly, wildly successful Palm Beach Letter newsletter research program. While there...

Top 11 Best Financial Investment Email Newsletters of 2020

Financial investment newsletters provide stock tips and analysis. A good financial investment newsletter helps you understand the market. It alerts you to upcoming trends before...

How to Earn Bitcoin: 27 Best Ways to Get Paid in Crypto (2020)

Most assume the only way to get bitcoin is to buy it. However, as this guide will show, there is a multitude of ways...

Best Blockchain Stocks: Top Blockchain Companies for Investors in 2020

Ten years ago, no one had heard of “blockchain”. Over the last five years, however, blockchain has been one of the biggest trends in...

Latest News & Updates

True Wealth Real Estate by Dr. Steve Sjuggerud: Newest Breakthrough Service

In a recent presentation, Dr. Sjuggerud unveiled his plans for a new project poised to help investors get hold of assets with profit-generating potential....

EtherChain: Smart Contract Ponzi Scheme Running on Ethereum Blockchain

Looking closely at EtherChain, it can easily be seen that this system is nothing short of an MLM Ponzi scheme, that runs on the...

Crypto Engine Review: Crypto Auto Trading Platform in Fact Another Scam?

Bitcoin Engine looks more like a scam automated trading software and app. It’s advertised to be a crypto robot that can offer investors the...

Bitcoin Profit Review: Why Investors Should Avoid This Auto Crypto Trader

Even if picked up by many affiliate networks, Bitcoin Profit still looks more like a scam than a legitimate crypto robot, as it’s a...

Every investment is risky and carries a real chance at losing or gaining. None of the information here is to be considered investment advice. Seek a professional investment advisor consultation before making any investment.

No GainBitcoin contributor is licensed under securities laws and is not qualified to give personal investment advice. Read the about page and all accompanying policies for more details.

More Articles Like This

Best Blockchain Stocks: Top Blockchain Companies for Investors in 2020

Ten years ago, no one had heard of “blockchain”. Over the last five years, however, blockchain has been one of the biggest trends in...

How to Earn Bitcoin: 27 Best Ways to Get Paid in Crypto (2020)

Most assume the only way to get bitcoin is to buy it. However, as this guide will show, there is a multitude of ways...

Teeka Tiwari's The Final 5: 5 Coins to $5 Million Jetinar Details

Teeka Tiwari's The Final 5: 5 Coins to $5 Million Jetinar Palm Beach Research Group's Teeka Tiwari is hosting his 5 Coins to $5 Million:...

The Investment of the Decade by Teeka Tiwari: What Is It?

Teeka Tiwari's Investment of the Decade is a new special broadcast of his highly popularly, wildly successful Palm Beach Letter newsletter research program. While there...

Dave Forest’s Strategic Investor: Lithium Geo-Tech Fuel Tesla Deal Report

With the coronavirus pandemic currently ravaging the global economy mercilessly, more and more people are looking to make smarter investment choices so that they...