University Of Texas At Austin To Receive $2 Million Fund From Ripple

[Sarha_Jenny]

Ripple to invest in the University of Texas at Austin, which will the first university to receive fund, over next five years in schools’ blockchain technology research.

Read Detail info: https://coinpedia.org/news/university-texas-austin-receive-fund-ripple/

[Snike]

I find it awesome that ripple is going public and helping out a university! Good cause, probably even better results!

[Schrodinger]

Academia has traditionally been a critical driver of technical innovation. Our support of McCombs is an acknowledgment of the important role the school has the potential to play in advancing our understanding and application of cryptography and blockchain technology. Thats a fine step!

[Kate]

Well there is nothing much to see from this because ripple is investing if it was any other coin then it would understandable but since it is ripple it is just for a popularity spread and nothing else. 

[Eben]

That's great, there are many institutions interested in crypto sphere and blockchain technology, hope we'll keep growing step by step 

[bmg]

This is the positive news that I like to read about when it comes to bitcoin.  We alway read so much bad news so its awesome when something like this comes along . 

[williamshennie9]

I can't believe i didn't see this article before! This is awesome news from ripple's side. I hope their decision rewarded them in the long run. It shows strength from a crypto to provide this type of funding to a university. Great job Ripple!

[CaptainLorca]

That would cover a lot of tuition of the students :‘D..

if they invest it into future technology, go for it.

[Kayzor]

This is really great news to see that University has recieved more then $2 Million dollars from the ribble.I would say this may the new strategy of marketing from the ribble cryptocurrency to compiete the bitcoin which I have checked on the https://cryptolinks.com/cryptocurrency-news site and checked some latest information about the crypto currency. 

[wry]

This is good news what's ironic is that UT-Austin does not know what they are going to do with the money!

Quote

However, McCombs School of Business does not yet have a firm plan for how it will direct these funds, said Cesare Fracassi, an associate professor of finance.

I also like how this is part of a larger initiative that will distribute 50 million USD total to universities.  It has already helped other schools such as Princeton and MIT.  I hope they reach out to some smaller schools around the world, their funds could have a disproportionate impact.  I also hope it doesn't all go to business and economics schools.

[cointikka]

This is a marketing gimmick by Ripple. Why will a centralized currency invest in Blockchain?. Only to promote its agenda. Good for the students and good for the university. I foresee Facebook doing the same in the future in the name of Libra.

[BLXN]

hey, radness - that is a solid investment  .. i think it would be wise of investors to pick up on Ripple. Think in terms of ripples.. =D

[polor12]

wow.. thats how to put crypto currency to be notice and to invest in..