You can now study Bitcoin (BTC) and Ethereum (ETH) in the University thanks to NYU which announced on the 18th of September that they will now offer a major in Blockchain for their students. They are the first University in the United States to offer such a program and could help set a precedent for other institutions.
This new major will be provided by New York University’s Stern School of Business which is no stranger to blockchain technology.
They have previously offered undergraduate programs In cryptocurrency.
According to Professor Andrew Hinkes,
“We hope to establish groundwork so that the students can understand what’s really happening under the hood, so they can understand both the legal and the business implications, and prepare them to go out and tackle this new market.”
Associate Professor Kathleen Derose has also stated that they expect to get some support and partnerships from firms in the blockchain space and that the students have been enthusiastic about the new development. So enthusiastic, apparently, that NYU has been forced to double the offerings for the course since the last academic year.
Keeping With the Times
As blockchain and cryptocurrency rise from the undergrounds of the internet and unto the world stage, more and more major institutions find it hard to ignore its impact.
A study of the top 50 universities in the world shows that 42 percent of them offer at least one course in blockchain technology with the US taking the lead.
Adam White from CoinBase recently said that students and other young people see the development, the birth of a new industry” and that we “look at things like Bitcoin and Ethereum and the blockchain as the internet 3.0”
Students’ interest in blockchain goes beyond a fascination and a desire to study it at the university level. They are also heavily investing in blockchain. According to a Student Loan Report, 21.1 percent of University students used some of their student loan money to invest in cryptocurrency in the hopes of turning enough profit to repay it back later.
A Lesson in Growth
Blockchain technology being studied in NYU and other top Universities goes to show just how influential it has become and how much the culture towards it is shifting from internet fad to a financial powerhouse that is important enough to study at University