Cardano Blockchain Builder IOG Funds $4.5M Research Hub at Edinburgh University

The launch follows IOG’s investment in hubs and funding at Stanford and Carnegie Mellon in the U.S.

AccessTimeIconNov 17, 2022 at 2:00 p.m. UTC
Updated May 9, 2023 at 4:03 a.m. UTC

Cardano blockchain builder Input Output Global (IOG) has funded a $4.5 million research hub at the University of Edinburgh, having made similar investments at Stanford and Carnegie Mellon.

The Input Output Global Research Hub is the collaborative effort of the University of Edinburgh and IOG to improve scientific understanding and set new standards for research within the blockchain and distributed ledger industry, according to a press release. The hub will have a broad remit, including helping foster development in Haskell, a mathematically pure computing language underpinning Cardano.

The launch builds on IOG’s existing relationship with the university, where it previously established a Blockchain Technology Lab within the School of Informatics. It also follows the funding and launch of the Blockchain Research Hub at Stanford University in August and the donation of $20 million by IOG CEO Charles Hoskinson to establish the Hoskinson Center for Formal Mathematics at Carnegie Mellon University in Pennsylvania.

“IOG has been working with the University of Edinburgh for some time, and I’m thrilled that this new research hub will let us continue to advance our industry,” Hoskinson said in a statement. “Working with leading institutions like Edinburgh to set up these blockchain research hubs is essential to our vision of making academic rigor an industry standard.”


Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

CoinDesk - Unknown

Ian Allison is an award-winning senior reporter at CoinDesk. He holds ETH.

Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to to register and buy your pass now.