Ripple doubles blockchain innovation in the Asia-Pacific region (APAC), engaging more than $ 5 million in additional funding thanks to its world University Blockchain Research Initiative (Ubri). Exhausting six countries – with partnerships renewed in South Korea, Japan and Singapore, and new subsidies in Taiwan and Australia – this investment reflects the longtime dedication of Ripple to the culture of talents of the new generation blockchain and to support world class university research.
With highest concentration of neobanques Globally and some of the most important and fastest fintech markets, APAC is an epicenter of digital finance. Several markets have pioned out progressive regulatory frameworks, showing an appetite for experimentation and boasting of flourishing communities for manufacturers, making this vast region a leader in the adoption of digital assets and advanced payment technologies.
Ubri set the foundations for blockchain innovation for over seven years. This started as an early bet on the power of the academic world has become a sustained effort on a regional scale to equip the next generation of manufacturers, researchers and entrepreneurs. In APAC, RIPPLE continues to work closely with the best universities to support student practical initiatives, revolutionary research and real world experimentation – carrying out tools, financing and strategic advice necessary to transform ideas into impact. And with solid results already emerging, we are just beginning.
Advaluation of Blockchain Education at APAC
A partnership renewed over six years and 1.1 million USD dollars with Korea University is emblematic of the deep links formed by UBRI and serves as a basis for Ripple to extend its relations in South Korea and rely on the partnership launched with Yonsei University last fall. Similarly, a partnership renewed with the University of Kyoto continues to advance research on blockchain in Japan, where Ubri grants to the University of Kyoto and the University of Tokyo now exceeds $ 1.5 million.
In Singapore, Ubri relies on its already solid network in the country with a subsidy at the Nanyang technology university (NTU) and a renewed commitment to the National University of Singapore (NUS), relating to total funding in the region to more than $ 3 million.
“The generous UBRI subsidy of Ripple considerably improves our research and development efforts and allows us to pursue high impact projects. With our current subsidy, we develop a network of autonomous AI agent on the Large xrp book To create a transparent, modular, accessible and collaborative AI platform exploiting blockchain technology. We believe that this innovation will be essential to shape the future of AI, “said the professor Yang LiuCollege of Computing & Data Science in Nanyang Technological University.
“In addition, this support allows us to involve more students and researchers in the blockchain ecosystem by allowing them to rely on XRPL and to contribute to its growth, thus advancing our blockchain education initiatives.”
A concession prior to the initiatives funded by the NUS, such as the Fintech laboratory and the Nus Fintech Society, led to the creation of the first decentralized autonomous organization (DAO) at a university in Asia and tripled the number of graduates of NUS Fintech SG in 2021. Top University Blockchain in 2021.
Ubri is also developing in Taiwan thanks to a new partnership with the National University of Sciences and Technology in Kaohsiung (NKUST). Directed by Dr. Echo Huang, director of the International MBA program, the initiative will explore the rapidly growing field of real assets (RWA). Supported by a research scholarship and a next white paper, the project will examine the technical and political implications of the RWA program through the networks, by analyzing the cross functionalities of XRP Ledger alongside the Ethereum and Solana blockchains, as well as the role of providers on / out of ramp to allow institutional adoption.
Beginner with a six -digit subsidy and officially becoming the 60th partner of Ubri (13th in APAC), Nkust will operate Ubri to have support in the launch of an XRPL student club as well as its own XRPL validator to allow the base engagement with Blockchain technology in Taiwan. This work is based on the national momentum of Taiwan around the tokenization of assets, in particular Recent initiatives Directed by the financial supervision commission and six major financial institutions.
“Nkust is enthusiastic about this new chapter, in partnership with Ripple’s University Blockchain Research Initiative (UBRI) to explore the potential of the tokenization of active world (RWA) on the big XRP book. We believe that our work will be decisive to help explain Taiwan’s Next Generation and Researchers, says innovation and helping Empower Taiwan’s’s Generation of Builders and Researchers, “said” Professor Echo Huang At the National University of Sciences and Technology in Kaohsiung.
Funding search
As part of his commitment to his university partners, Ubri supports Revolutionary research and pioneering projects by the main world experts in blockchain, cybersecurity and information systems. Ubri has collected more than $ 11 million in Asia to promote education, adoption and innovation in blockchain, crypto and fintech spaces.
Research projects sponsored by the UBRI led by teachers Ik Rae Jong And Dong Hoon Lee to Korea University focuses on a range of subjects, including the improvement Sharding blockchain Efficiency, combining blockchain bursts with layer 2 solutions and the confidentiality of the NFT based on zero knowledge of knowledge (ZKPS) and succinct succinct arguments of knowledge (ZK-Snarks). Their colleague Professor Junghee Lee Explore both a dedicated device for crypto finance and a mixer who masks transaction records while allowing investigators to audit them if necessary.
At the University of Hanyang in South Korea, Professor Hyunok Oh Drive a number of research projects, including one devoted to improving the efficiency and safety of NK-Snarks, which are crucial to improve the confidentiality and scalability of blockchain.
Conduct innovation through APAC
In Australia, Ubri deepens his commitment to education and research on blockchain with a renewed partnership at the Australian National University (ANU) and a new collaboration with the Victoria University, which allowed total investment in Australian universities of $ 1.3 million.
In Anu, renewed funding will support the advanced legal courses on blockchain, cryptocurrency and digital payments, as well as the search for the faculty centered on Evernode, a platform of intelligent contract of layer 2 proposed for XRPL. Anu will also continue to operate its XRPL validator and publish research on students via the Anu Journal of Law and Technology.
Victoria University joins the Ubri network by focusing on the development of the blockchain studies program and applied research initiatives. Together, these efforts help develop a solid pipeline of literate professionals in blockchain and strengthen the presence of Ubri in the region.
Shape global financial systems
Ripple’s Ubri program is a key aspect of The growing crypto and blockchain of Apac Leadership, allowing universities to explore revolutionary solutions that stimulate the adoption and interoperability of world blockchain. By nourishing partnerships, funding for advanced research and promoting community engagement, Ripple helps to shape APAC financial systems and beyond.
“Asia-Pacific has long been a hub for Innovation Fintech and Blockchain, and Ripple has been proud to invest in the academic talents of the region from the start,” said Eric Van Miltenburg, vice-president of strategic initiatives at Ripple. “Seven years of Ubri and with 60 university partners worldwide, we have seen the impact of long -term collaboration and confidence with these institutions. The strengthening of existing partnerships – and welcoming new ones – reflects our continuous commitment to support talents and ideas that shape the future of blockchain on the Ledger XRP and on a global scale.
This year, Ripple is organizing its 7th Ubri Connect annual to Ledger XRP apexBringing together some of the main researchers in blockchain in the world of 60 universities in 28 countries for a full day of panels, workshops and academic exchanges. The event starts with a pre-sum organized at the National University of Singapore (NUS), strengthening the central role of the region in the education and search for blockchain.
Explore research and revolutionary academic contributions with the global Ripple partners in the last Ubri research report.
