Korean University Wants to Establish a Blockchain Campus

Jun 02, 2020 at 12:33 // News
Coin Idol
Korea will launch a blockchain campus for students

Suseong University will build an exclusively blockchain and AI technology campus in Daegu ready to admit students in a year’s time.

The University, in partnership with the Korea Artificial Intelligence Association (KORAIA) will bring together a number of tech start-ups and academics in Daegu to integrate both theories and practices of blockchain technology. Wooshin Co. Ltd, Daegu-based prominent Korea AI company is among those that already signed up for the project.

The collaboration between students and industry leaders would enhance developmental research around blockchain and AI and result in solutions embedded in the blockchain technology.

South Korea believes in blockchain technology

South Korea is generally very optimistic about blockchain and other emerging technologies. Its government has created a conducive atmosphere for blockchain development. As coinIdol.com, a world blockchain news outlet reported recently, the country set aside a blockchain innovation hub to boost the technology’s growth in the country.

The government also established a blockchain-powered e-voting system for transparency and urgency purposes. It is without a doubt that South Korea joins the rest of the countries of the world in embracing crypto and blockchain technology.

Universities are serious about teaching blockchain

Education is actually far from being the only branch where blockchain is applied. However, it was one of the most flourishing during the past years. It all started back in 2017 when a group of Cornell University students first came together to form a small blockchain club. It was difficult to even imagine a blockchain education revolution in as long as two-three years. Today, more than 56% of the world’s top-ranking universities teach blockchain and cryptocurrency courses.

A 2019 research finding that put together a list of top universities for robust blockchain and crypto education mentioned Cornell, Harvard, MIT, University of New York, among other names from the US, Europe and Singapore.

Both academia and industry saw a huge potential in blockchain in managing global challenges such as the current COVID-19 pandemic. It is therefore not surprising that governments are quickly adopting blockchain technology amid the COVID-19 crisis. The global supply chain, medical sector, job market, democratic processes and others are all safe with blockchain technology.

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