Morgan State University FinTech Center Receives $1.05M in Continued Support From Blockchain and Crypto Solutions Leader Rippl
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Posted By: Reginald Culpepper on May 14, 2024 The National FinTech Center at Morgan State University announces the receipt of a 3-year, $1,050,000 grant from Ripple, a leader in enterprise blockchain and crypto solutions, for the continued support of the Center and its advancement of blockchain and financial technology (FinTech) research, education and programming. This latest round of funding builds upon Ripple’s initial investment in Morgan’s FinTech Center, first announced in 2019. The partnership between Morgan and Ripple’s University Blockchain Research Initiative (UBRI) has played a pivotal role in furthering the application and understanding of blockchain, cryptocurrency, cybersecurity, and other FinTech areas within the University and the extended network of Historically Black Colleges and/or Universities (HBCUs) collaborating with the Center. The collaboration will ensure the continuation of the National FinTech Center at Morgan State University, focusing on leveraging cutting-edge technologies like blockchain and cryptocurrency to revolutionize finance and technology sectors. The multi-year grant from Ripple will bolster research, education, faculty and student technical projects, ecosystem development, and operational support. Additionally, it will support faculty research that bridges blockchain technology with critical fields like data analytics, artificial intelligence, and machine learning. Through the partnership, Morgan will also be able to foster a range of educational workshops, facilitate student-led initiatives within blockchain clubs, support a FinTech solution incubator, and host national conferences to elevate the collective understanding of the financial sector's evolution. “This generous $1,050,000 grant is not just an investment; it's a catalyst that propels our ability to innovate, collaborate, and prepare our students to be at the forefront of the FinTech revolution,” said Ali Emdad, Ph.D., interim dean of the Earl G. Graves School of Business and Management and founding director of the National Center for the Study of Blockchain and FinTech. “The ongoing partnership with Ripple stands as a beacon, illuminating the path toward a transformative educational experience that aligns with the evolving landscape of the global economy.” For the full article, go to https://www.morgan.edu/news/ripple-grant-a... (Photo Courtesy of Morgan State University) If you enjoyed this article, Join HBCU CONNECT today for similar content and opportunities via email! |
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Reginald Culpepper
President, Fulfillment and Web Services, HBCUCONNECT Clark Atlanta University class of 1998 Member Since September 2000 |
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