We read every day that crypto currencies and block chains are conquering the corporate world. But what about universities and colleges? Are young people here already testing the use of one of tomorrow’s key technologies? A report by the Bitcoin stock exchange Coinbase now provides the answer.
The Bitcoin stock exchange Coinbase has published its second report on the status of blockchain and crypto currencies at elite universities. The report shows that overall interest in crypto issues has increased compared to last year. According to the report, this year twice as many students reported having attended a course on crypto currencies or blockchain than in 2018.
Coinbase published the results in a blog post. The results show that the study was limited to the top 50 universities in the US News and World Report ranking. Of these elite universities, 56 percent now offer courses on blockchain and crypto topics. In 2018, however, the figure was only 42 percent.
Coinbase cooperated with the analysis company Qriously for the study. The two companies drew up their own ranking of the leading educational institutions in the crypto sector for the report. This time, the US Cornell University ranked first. In addition, however, there are also some European universities in the top 10. In addition to the University of Copenhagen, the Swiss ETH Zurich and the École Polytechnique Fédérale de Lausanne are also listed.
Crypto topics also relevant beyond information technology
Coinbase and Qriously evaluated the courses offered by the universities for the report. They also interviewed lecturers and students. The study found that 70 percent of the courses on crypto and blockchain are offered outside the computer science faculties. They can be found in economics, but also in law and sociology. Dawn Song, computer science professor at the University of California, Berkeley, explained this circumstance by the special nature of the research object:
The interdisciplinary nature of the Blockchain domain distinguishes it very strongly from any traditional field.
According to the report, a similar interdisciplinary orientation is also characteristic of university crypto clubs. Such additional offers are also enjoying growing popularity. 41 of the 50 universities surveyed have at least one such student-run club.
Crypto enthusiasts want to change the world
Finally, the report also provides insight into the motivation of the students. Many of them therefore deal with Bitcoin & Co. because they mistrust the traditional financial system. At the same time, the interest in social justice is also increasing, as 20 percent of those surveyed said that this is why they deal with Blockchain & Co.
For many, the possibility of advancing to a leading position in a still young industry and thus actively bringing about change also seems tempting. The authors of the report quote Joseph Ferrera, co-founder of the Cornell Blockchain Club: “There is a lot of potential for students to enter and take control of this industry. When you go to a big bank or an established consulting firm, you somehow know what you’re getting. With Krypto you can shape the field and become the market leader.”