• Latest
  • Trending
Princeton launches blockchain research initiative with $20M from crypto-alumni

Princeton launches blockchain research initiative with $20M from crypto-alumni

March 11, 2022
Bitcoin bulls plan to flip $23K to support by aiming to win this week’s $1B options expiry

Bitcoin bulls plan to flip $23K to support by aiming to win this week’s $1B options expiry

February 2, 2023
BonqDAO protocol suffers $120M loss after oracle hack

BonqDAO protocol suffers $120M loss after oracle hack

February 2, 2023
Feellike (FLL) Remains Neutral%, Underperforms the Crypto Market Wednesday

Feellike (FLL) Remains Neutral%, Underperforms the Crypto Market Wednesday

February 1, 2023
Blockchain-led new funding schemes: Safe, simple and less costly

Blockchain-led new funding schemes: Safe, simple and less costly

February 1, 2023
OpenSea’s Polygon NFT Sales Top Ethereum for Second Straight Month

OpenSea’s Polygon NFT Sales Top Ethereum for Second Straight Month

February 1, 2023
Crypto Surges as Fed Recognizes Disinflation

Crypto Surges as Fed Recognizes Disinflation

February 1, 2023
Data Reveals Reasons Behind Litecoin’s 80% Rally

Data Reveals Reasons Behind Litecoin’s 80% Rally

February 1, 2023
Cardano, Dogecoin & Bitcoin – American Wrap 19 May

Bitcoin, Litecoin & Cardano– American Wrap 1 February

February 1, 2023
Can Ripple (XRP) serve CBDCs for billions of people worldwide? Experts take and future outlook

Can Ripple (XRP) serve CBDCs for billions of people worldwide? Experts take and future outlook

February 1, 2023
Titi Financial Launches BSC Meme Utility Revolution – BSC NEWS

Titi Financial Launches BSC Meme Utility Revolution – BSC NEWS

February 1, 2023
Ripple XRP – $1,000 In XRP Will Make Millionaires? FTX, Bank of America BIG NEWS – LAUNCH IN 1 WEEK!

Ripple XRP – $1,000 In XRP Will Make Millionaires? FTX, Bank of America BIG NEWS – LAUNCH IN 1 WEEK!

February 1, 2023
Record $3.8 billion stolen in crypto hacks last year, report says

Record $3.8 billion stolen in crypto hacks last year, report says

February 1, 2023
Thursday, February 2, 2023
EGROW ONLINE
  • Home
  • Cryptocurrency
  • Bitcoin
  • Ethereum
  • Blockchain
  • Altcoins
  • ADA
  • Litecoin
  • Dogecoin
  • ICO
  • Ripple
  • Market & Analysis
  • Videos
No Result
View All Result
EGROW ONLINE
No Result
View All Result

Princeton launches blockchain research initiative with $20M from crypto-alumni

by admin
March 11, 2022
in Blockchain
0



Prestigious Princeton University has launched an initiative to study the “decentralization of societal power” through blockchain technology in an effort to explore the vast depths of it’s social capabilities.

For the launch, Bloomberg reported that Princeton’s Venture Forward campaign received $20 million in donations from high-profile alumni Peter Bridger from Fortress Investment, Ethereum co-founder Joseph Lubin, Pantera Capital CEO Daniel Morehead, and Galaxy Digital’s Mike Novogratz.

The initiative is designed to study the ways in which modern technology, especially blockchain, can interfere with and change social norms, just as other technologies such as the printing press and the internet have in the past. A March 11 video from the university states that “we are at a very early stage in understanding the opportunities and challenges” associated with cryptocurrency and blockchain.

“The initiative will convene scholars across disciplines to understand the potential benefits and pitfalls of blockchain and other technologies, and their potential to disrupt centers of societal power.”

Princeton’s Venture Forward campaign is an engagement and fundraising campaign to build community and alumni engagement, seek critical philanthropic support for the University, and share Princeton’s defining principles and their impact on the world.

The university believes that focusing on decentralization will promote growth in three areas of study. An official post from the university states that it will help it understand “the underlying engineering behind blockchain and related technologies,” discover new uses for blockchain in finance, voting, news, and elsewhere, and determine “the implications that such technologies could have for society.”

#PrincetonU is launching an initiative on blockchain and its potential to disrupt and redistribute power in society, supported by Peter Briger, Jr. ’86, @ethereumJoseph ’87, @dan_pantera ’87 and @novogratz ’87 in a combined major gift to #VentureForward: https://t.co/MZyEfSApL2 pic.twitter.com/w85CHzMPh4

— Princeton University (@Princeton) March 10, 2022

Princeton’s School of Engineering and Applied Science will take on the work of the new initiative led by Professor Jaswinder Pal Singh, who has sat on the Blockstack PBC Board of Directors since 2019. Singh has embraced a “highly collaborative research” approach to determine how blockchain can “result in the most benefit and the least harm,” according to a statement from the university.

Singh commented that computer scientists have faced a long uphill battle in figuring out how to achieve consensus “among a distributed set of entities who don’t trust one another.” He added that while Bitcoin (BTC) has largely solved that problem, decentralization may well be a new turning point for society.

“The decentralization of trust may be just as powerful and transformative as the worldwide web. It may transform existing systems and lead to new applications that we cannot even imagine today.”

Related: Cambridge University launches crypto research project with IMF and BIS

This is the second time in as many weeks Princeton has revealed its ongoing involvement in the blockchain industry. On March 2, a partnership with Metaverse and NFT project Radio Caca (RACA) and Princeton’s Blockchain Society was reported by Cointelegraph.



Source link

YOU MAY ALSO LIKE

BonqDAO protocol suffers $120M loss after oracle hack

SKALE Tops Dartmouth Blockchain Study as Fastest Blockchain Scaling Network

Tags: 20MBlockchaincryptoalumniinitiativeLaunchesPrincetonresearch
ShareTweetPin

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result

Recent News

Bitcoin bulls plan to flip $23K to support by aiming to win this week’s $1B options expiry

Bitcoin bulls plan to flip $23K to support by aiming to win this week’s $1B options expiry

February 2, 2023
BonqDAO protocol suffers $120M loss after oracle hack

BonqDAO protocol suffers $120M loss after oracle hack

February 2, 2023
Feellike (FLL) Remains Neutral%, Underperforms the Crypto Market Wednesday

Feellike (FLL) Remains Neutral%, Underperforms the Crypto Market Wednesday

February 1, 2023

Recent News

Bitcoin bulls plan to flip $23K to support by aiming to win this week’s $1B options expiry

Bitcoin bulls plan to flip $23K to support by aiming to win this week’s $1B options expiry

February 2, 2023
BonqDAO protocol suffers $120M loss after oracle hack

BonqDAO protocol suffers $120M loss after oracle hack

February 2, 2023
Feellike (FLL) Remains Neutral%, Underperforms the Crypto Market Wednesday

Feellike (FLL) Remains Neutral%, Underperforms the Crypto Market Wednesday

February 1, 2023

Categories

  • ADA
  • Altcoins
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Dogecoin
  • Ethereum
  • ICO
  • Litecoin
  • Market & Analysis
  • Ripple
  • Videos

Follow Us

Find Via Tags

Ada Altcoin altcoins analysis Analyst Big Binance Bitcoin Blockchain BNB BTC Buy Cardano Coin Cointelegraph Crypto cryptocurrencies Cryptocurrency DOGE Dogecoin ETH Ethereum Exchange Heres Inu investors latest Litecoin LTC Magazine market Metaverse news NFT price prices rally Ripple Shiba Solana Today Token Top week XRP
  • privacy And Policy
  • About Us

© 2020 Egrow Online

No Result
View All Result
  • Home
  • Cryptocurrency
  • Bitcoin
  • Ethereum
  • Blockchain
  • Altcoins
  • ADA
  • Litecoin
  • Dogecoin
  • ICO
  • Ripple
  • Market & Analysis
  • Videos

© 2020 Egrow Online