Crypto.com Equips University Of Oxford With A 2-Year Research Gift
- Crypto.com will provide sufficient resources for the Oxford University research team to enable innovations in blockchain technologies.
Crypto.com has revealed that it has signed a 2-year agreement with the computer science department of the University of Oxford. The announcement revealed that the gift would be used by the Blockchain Research center of the University.
The goal of the gift is to enhance the use of blockchain and other innovative technologies to establish a better secured, transparent, and decentralized community. The aim is to have a borderless community with respect for local laws and regulations.
Notably, Professor Bill Roscoe will be in charge of the center for the 2-year duration. Apart from providing leadership to the research center, professor Roscoe will also contribute in other ways to the research and capabilities.
For instance, he would seek to establish a Distributed Trust without proof of work. The goal of this distributed trust is to prevent the waste of resources.
Crypto.com Support on Oxford University
Crypto.com will provide sufficient resources for the Oxford University research team to enable innovations in blockchain technologies. Thus, enabling a better understanding of blockchain technology and cryptocurrency. Also, the research results will help close the gap between academia and the private industry.
The company chose to support the University of Oxford for two significant reasons. One, the University is one of the oldest in the world. Secondly, the Oxford University research team is among the best globally.
One way the University College Oxford has shown outstanding commitment to blockchain research is via the establishment of a research center.
Since last year, Crypto.com has been involved in many other academic research support programs.
Worth noting, the crypto exchange also supports the new blockchain lab at the University of Pennsylvania’s Department of Computer and Information Science. Additionally, it is also one of the supporters of Carnegie Mellon University’s Secure Blockchain Initiative.
The two institutions are recognized global leaders in blockchain research. In addition, Crypto.com is also providing support for Bitcoin security independent research at the Digital Currency Initiative. The initiative is run through the Media lab of the Massachusetts Institute of technology.
On the Billboard
Despite supporting research in various research institutes, Crypto.com also has its own research team. The team consists of experienced academic researchers and publishes open access reports monthly. The team covers various topics including crypto security and market size.
Crypto.com’s head of research, Dr. Henry Hon, explained that Professor Bill Roscoe was crucial in this collaboration with the University of Oxford’s computer science department.
Dr. Hon added that professor Bill Roscoe and his team have been at the forefront of remodeling blockchain mining and trust-building. Hence, Dr. Hon hopes that Prof. Roscoe’s work can provide a better understanding of privacy models and escrow in the blockchain space. Thus, there can be better secured blockchain-based exchanges.
Rebecca is a Senior Staff Writer at BitcoinWisdom, working hard to bring you the latest breaking news in the cryptocurrency market. In the words of Elon Musk “Buy stock in several companies that make products & services that *you* believe in. Only sell if you think their products & services are trending worse. Don’t panic when the market does. This will serve you well in the long-term.”
