Ripple’s University Blockchain Research Initiative (UBRI) is addressing the demand for technological solutions and talent to deal with key challenges in the global financial ecosystem.
The UBRI program is continuing to grow and Ripple has welcomed “ETH Zurich, University of Zurich, Ryerson University and Instituto Tecnológico Autónomo de México (ITAM) to the network. The global initiative now supports 37 university partners to further accelerate academic research, technical development and innovation in blockchain, cryptocurrency, fintech and digital payments.”
Ripple tweeted: “UBRI expands to new global markets and announces support for more than 35 university partners, accelerating academic progress and innovation in the industry.”
UBRI are partnering with several universities and thereby furthering rigorous blockchain research collaborating across different departments to come up with new use cases for the financial industry.
Updates about UBRI and their partners are provided in the blockchain podcast on Apple Podcasts, Google Podcasts, and Spotify.
Thomas Puschmann, Director of the Swiss Fintech Innovation Lab at University of Zurich stated, “What we’re doing at the University of Zurich isn’t just special, it’s the future.”
Sydney Ifergan, the crypto expert tweeted: “Good that UBRI are doing a lot of research on the blockchain to deal with the socio-economic challenges across healthcare, financial markets, and payments during the pandemic situation.”
Ripple (XRP) Awaiting Regulatory Clarity
On a recent note, Barry Eichengreen, in the Ripple Block Stars Podcast on “The role of digital assets in a post COVID World” noted that blockchain payments could have provided a very effective way for US government to distribute the stimulus funds.
Barry stated that there are very few parallels to correlate from the past to understand the existing economic problems.
Previously Brad Garlinghouse tweeted: “Join me tomorrow at the inaugural Crypto Town Hall with
Tom Emmer (@tomemmer) ! The U.S. has a real opportunity to embrace crypto innovation as the future of payments (despite 2020 throwing an ongoing series of cataclysmic events our way.”
Brad Garlinghouse recently retweeted: Congressman Tom Emmer “My position is very clear XRP in not a security.”
Some of the commentators opined that Tom Emmer’s comments on XRP were very strong. It just looks like there is a lot of wait for regulation to happen and for the corridors to further open.
Of note, Ripple stated that they are excited to rank 123rd on the 2020 #Inc5000 list of America’s fastest-growing private companies. They also thanked their amazing team who according to them bring passion to their roles every day.