- Blocktech has opened its second Blockchain lab this year at the French University of Armenia (UFAR).
- The lab will focus on the study of the impact of blockchain on the World’s economy
Armenia’s first academic Blockchain lab is launching soon courtesy of Blocktech, a New York-based blockchain technologies company, and the French University of Armenia (UFAR).
The two are teaming up to create the lab which will focus on the economic impact of the rise and use of blockchain technology. This research will be conducted in collaboration with the University’s departments of law, finance, Informatics, and Applied Mathematics.
The topics to be looked into as part of the research will include smart contacts, dApp structure, curation services on the Zap platform, and crypto-economic design patterns.
The Need for Research
“The rise of blockchain has ushered in an entirely new ecosystem of commoditized trust,” said Nick Spanos, the CEO of Blocktech.
He also stated that cryptoeconomics is necessary to study and adapt to the new decentralized world we live in and that UFAR is the perfect partner for tackling this vital area of research.
Through the lab, students at UFAR will be able to study Blockchain both from a business perspective and a technical one. Training and guidance will also be available for them to implement real-life Blockchain projects.
“We are honored to partner with Blocktech given Nick Spanos’s pioneering work in the blockchain industry and we are confident that this will expand opportunities for our students tremendously,” said Kristina Sargsyan, Ph.D., from the Department of Informatics and Applied Mathematics.
This is the second Blockchain lab that Blocktech is opening this year. It partnered with Taibah Valley to open a blockchain lab in Taibah University in Madinah.
This isn’t Blocktech’s first interaction with Armenia. Back in January, Nick Spano, Blocktech’s CEO, was invited to Yerevan to speak at the National Assembly of Armenia and at the American University of Armenia.
A Blocktech office, headed by Michael Mikkelsen was opened and so far, has been very receptive.
“The amount of passion for disruptive technologies and permissionless innovation that I have seen in Armenia is tremendous,” said Mikkelsen.
Blockchain has seen much more attention from the academic world in recent times as New York University now offers a course in it and a number of schools now issue their certification via Blockchain.
