New York University (NYU) is becoming the first university in the U.S. that is offering students a major in blockchain technology.
The program will be provided at the NYU Stern School of Business, which is also the first one to offer undergraduate sources in cryptocurrencies and blockchain.
Professor Andrew Hinkes stated:
“We hope to establish a groundwork so that the students can understand what’s really happening under the hood so that they can understand both the legal and the business implications, and prepare them to go out and tackle this new market.”
Associate professor Kathleen Derose also commented:
’’The educational establishment is expecting large companies to partner within the training program, while the startups in [fintech] will likely invent the new cool stuff.”
Adam White from cryptocurrency exchange Coinbase added:
There was a study conducted by Coinbase last month that showed that 42% of the world’s top 50 universities have at least one class on cryptocurrencies and blockchain. Of the 172 classes reviewed in the study, 15% were offered by economics, finance, law, and business departments, while 4% were in social science departments.
The study revealed that blockchain related courses are one of the most popular in the U.S., as well as some other countries.
Another study by Student Loan Report in March revealed that 21.2% of college students used to loan money to fund a crypto investment. They hoped that the upward price volatility in crypto will help pay their debts faster.