Bitfury & Russian University Partners to Create Blockchain Accelerator

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As per Russian News outlet Forklog reports, blockchain firm Bitfury has collaborated with the Plekhanov Russian University of Economics to develop an accelerator for blockchain projects.

While supporting the development of blockchain projects, the university will give courses and additional education committed to ‘training specialists who can develop innovative projects using digital technologies  in a short time.’ It will allow specialists to ‘bring the projects to market amidst the new industrial revolution,” the head of Bitfury Russia, Mr. Dmitry Ufaev, said Forklog.

As per Forklog, the project will be supported by Russia’s Ministry of Digital Development, Communications and Mass Media. A minister official quoted by the news outlet stressed that the pilot program meets the goals of both public institutions and big corporations that need to be modernized.

Prior this week, Tokyo University announced a course in blockchain technology after several companies – including Japanese banking giant Sumitomo Mitsui – donated $800,000 to support the program.

In October, the University of Gibraltar established an advisory group that will concentrate on the development of blockchain-related educational courses. The New Technologies in Education group is reportedly a joint initiative among the government, the university, and many leading technology companies based in the nation.

On Nov. 6, Bitfury closed a funding round driven by European venture capital fund Korelya Capital, has raised $80 million. The firm further hired a former U.S. Securities and Exchange Commission (SEC) member, Annette Nazareth to its advisory board and an investment banker, Mr. Antoine Dresch, to its board of directors.