IBM Teams With Columbia to Launch Blockchain Research Center

Tech giant IBM is seeking to its widen blockchain research, development and education efforts through a partnership with Columbia University.

Jul 17, 2018 at 11:03 a.m. UTC
Updated Sep 13, 2021 at 8:10 a.m. UTC

Technology giant IBM has launched a new research center through a partnership with Columbia University in a move aimed to boost blockchain application development and education initiatives.

Opening Tuesday, the center is located in the Manhattan campus of Columbia University in New York City and will, among other things, incubate blockchain applications through a combination of academic and technical expertise, the firm said.

Soon to be announced, a dedicated committee comprised of both Columbia faculty members and IBM research scientists will start reviewing proposals for blockchain "curriculum development, business initiatives and research programs" later this year.

In addition, the center will advise on regulatory issues for startups in the blockchain space and provide internship opportunities to improve technical skills for students and professionals with an interest in the tech.

John H. Coatsworth, Columbia University provost, commented in the announcement that he expects the partnership will "significantly advance scholarship and applications," especially for blockchain's use case in data sharing.

Coatsworth added:

"Our students and faculty, working together with IBM, will play an important role in the vibrant exchange of ideas and research surrounding this transformative technology."

The announcement marks the latest effort by the blockchain industry to invest in a top-tier university in the U.S. to accelerate blockchain understanding and adoption.

As reported by CoinDesk in June, San Fransisco-based distributed ledger startup Ripple said it will invest $2 million in blockchain research initiatives in the University of Texas at Austin in the next five years, as part of its pledge to invest $50 million in worldwide institutions.

Columbia University image via Shutterstock

The Festival for the Decentralized World
Thursday - Sunday, June 9-12, 2022
Austin, Texas
Save a Seat Now

DISCLOSURE

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.

Trending

1
CoinDesk - Unknown
Sequoia's Guide to Surviving the 2022 Bear Market

Venture capitalists have gotten increasingly frantic over the last few months.

Venture capitalists have gotten increasingly frantic over the last few months.

CoinDesk - Unknown
2
CoinDesk - Unknown
NFT Art Museums Are a Good Idea

The metaverse turns galleries global, and helps fund the arts. This article is part of “Metaverse Week."

The metaverse turns galleries global, and helps fund the arts. This article is part of “Metaverse Week."

CoinDesk - Unknown
3
CoinDesk - Unknown
How the US Can Establish Itself as a Crypto Leader

Regulators have an opportunity to map out thoughtful, strategic policy on stablecoins and beyond.

Regulators have an opportunity to map out thoughtful, strategic policy on stablecoins and beyond.

CoinDesk - Unknown
4
CoinDesk - Unknown
No, the UK Is Not Going to Make USDC and USDT Legal Tender

For “legalize” read “regulate.”

For “legalize” read “regulate.”

CoinDesk - Unknown