Global blockchain leader nChain and the Ateneo De Manila University have signed a memorandum of understanding to promote and foster blockchain education within the University and define a framework for the future of the Philippines.
The university’s research group, the Ateneo Blockchain Laboratory, will lead the collaboration, which is set to provide an additional blockchain leadership unit to the university’s course offering in the second semester of 2023.
In addition, nChain will support PhD students with access to patented intellectual property and several grants to further blockchain research in the Philippines.
The Ateneo Blockchain Laboratory aims to conduct applied research and development projects focused on the practical applications of blockchain technologies.
Ateneo and nChain cited their common vision and goal to advance fintech and blockchain technology while achieving their social impact goals.
“Our collaboration with nChain aims to expand the University’s blockchain programs through education, capacity-building, and research initiatives. Blockchain technology can potentially solve many of our society’s problems,” said Christian Pulmano, head of the Ateneo Blockchain Laboratory
“As a research institution, we want to explore the potential of blockchain for the ultimate goal of nation-building,” he added.
nChain said it partners with top educational institutions across the globe to support and promote interdisciplinary research and education, as well as a wide range of academic programs in information and communications technology, cryptology, economic theory and data science.
It also provides policy recommendations and empirical evidence on blockchain uses and technology’s social and economic benefits.
“Our partnership with the University is the first of a series of educational and training initiatives being rolled out to support the broader government objective to enable blockchain adoption in the Philippines,” nChain group chairman Stefan Matthews said.
“Concurrently, we deliver seminars on leadership and advanced technical topics for business and government. We aim to highlight blockchain and transition from the Philippines to web 3 to the world.”
nChain reiterated its committed to advancing the global adoption of the BSV Blockchain, the largest public blockchain that has restored the original Bitcoin protocol and unlocked the ability to scale. This means that it can increase its block sizes and transaction capacity as needed while lowering fees to tiny fractions of a cent. This is also aligned with governments and institutions that process a high number of transactions on a daily basis.
nChain is a leading provider of global blockchain technology, IP licensing and consulting services. The company serves clients globally to power several industries, including gaming, supply chain and finance. It offers Web3 solutions in the digital payment space, along with professional services that assist enterprises of all types to benefit from blockchain technology.