Trinity College Dublin and Ripple Launch Blockchain Research Initiative with $200,000 Funding
Trinity College Dublin has partnered with Ripple to establish a blockchain research initiative, the Ripple Blockchain Collaboratory. Key details include:
- The initiative will receive $200,000 (€194,531) in funding over two years.
- It will be based at the Adapt Research Ireland Centre.
- Led by Professor Hitesh Tewari, it will address challenges in fintech, cybersecurity, and privacy.
- The collaboration aims to create a decentralized social media network to enhance user privacy and control.
- Trinity will host an XRP Ledger (XRPL) validator, connecting academia with Ripple's blockchain infrastructure.
- Local communities will be engaged through seminars, conferences, and workshops to promote blockchain understanding.
Ripple's UBRI program supports various academic institutions globally, enhancing blockchain education and innovation. The company also focuses on improving cross-border payments and the tokenization of assets.