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Ripple University of NicosiaThe University of Nicosia (UNIC) has announced that it has entered a multi-year agreement with Ripple to support its world-leading initiatives in the areas of blockchain technology and cryptocurrency, through support of academic research, technical development and student scholarships.

This agreement is part of Ripple’s newly-announced multi-year, multi-million dollar University Blockchain Research Initiative, through which Ripple is funding basic and applied research at some of the leading universities in the area of blockchain technology and cryptocurrency, including UNIC, MIT, Stanford, Princeton, Wharton, UCL and others. Each university in the consortium will determin its own research agenda and areas of focus, while collaborating when and as appropriate. In addition to financial resources, Ripple has also committed to collaborating with its university partners, by providing strategic and technical support.

Within this framework, Ripple will support three specific initiatives at UNIC: (1) Joining as founding corporate member of UNIC’s Institute For the Future (IFF), to support its work in blockchain technologies and cryptocurrencies; (2) Funding the Ripple Graduate Fellowship at UNIC, to fund two new post-doc positions for the next three years, and; (3) Funding the Ripple Scholar Scheme at UNIC, offering an annual full scholarship for UNIC’s MSc in Digital Currency for the next five years.

The agreement between Ripple and UNIC is designed to support the rapidly growing demand for research and learning from faculty, students and industry.

The UNIC-Ripple agreement will be effective as of the academic year 2018-2019.