Ripple Labs will commit an extra $ 5 million to finance academic research and promote blockchain talents within the Asia-Pacific region.
In a blog post on Tuesday, Ripple Labs said the extra financing through his blockchain research initiative (UBRI) from the university, which universities will finance in six countries, with the colleges in Taiwan and Australia being assigned to latest grants.
Young source: Wikimydia Commons
Ubri has signed $ 1.1 million to Yonsei University in South Korea over a six-year partnership. In Japan, UBRI has signed 1.5 million US dollars to Kyoto University and University of Tokyo. In Singapore, overall financing at Nanyang Technological University and the National University of Singapore exceeded 3 million US dollars.
Professor Yang Liu from College of Computing and Data Science at Nanyang Technological University, which develops an AI agent within the XRP Ledger, said the grants have strengthened his research and development efforts.
“With our current subsidy, we develop an autonomous AI agent network within the XRP most important book to create a transparent, modular, accessible and collaborative KI platform that the blockchain technology uses. We consider that this innovation will probably be decisive within the design of the longer term of the AI.” Said Liu.
In Taiwan, Ubri works with the National Kaohsiung University of Science and Technology to research the actual tokenization of Real World Asset (RWA).
“Nkust is passionate about this latest chapter, which works with the Blockchain research initiative of the University University (UBRI) to look at the potential of the actual assets (RWA) for the XRP most important book,” said Echo Huang, professor on the national player Kaohsiung University of Science and Technology.
In Australia, UBRI supported its relationships with Australian National University and teamed up with Victoria University, which brought the entire project to 1.3 million US dollars on the Australian universities.
In May, Ripple committed 25 million US dollars to RLUSD, a stable coin supported by Ripple, for non -profit organizations within the USA, with the aim of providing higher resources.
A number of months earlier, Ripple announced in March that it launched a non -profit organization called National Cryptocurrency Association that goals to enhance crypto training within the USA.
Brad Garlinghouse, CEO of Ripple Labs, said that the corporate will provide the newly founded non -profit organization 50 million US dollars as a grant.
