The University of Tokyo is in the recent crypto news – for offering a blockchain course at its graduate engineering school. It all began with a $800,000 donation from a consortium that includes the Ethereum Foundation and the Japanese banking giant Sumitomo Mitsui.
Named “Blockchain Innovation Donation Course,” this class initially began on November 1st and will run through October 2021 according to the official statement by Mitsui. Among the other donors were Money Forward Inc., Zipper Corp., Hotlink Co. and other firms.
Obviously, the main purpose of this blockchain course is to educate the highly motivated and like-minded students who are outstanding in information mathematics – about the fintech space and the game-changing technology that underpins cryptocurrencies.
The University of Tokyo is prepared to nurture future blockchain entrepreneurs by teaching them about decentralized networks and the way in which they could implement them successfully.
Meanwhile, blockchain continues to be a hot field of study as many investors are putting away substantial amounts of money to promote its development and adoption. According to experts and studies, the technology could transform healthcare, banking, supply-chain management and the entertainment industry.
On top of this, many high-ranked business schools have added blockchain-related classes. From the Wharton School at the University of Pennsylvania to the Georgetown University Business School, experts and teachers are confident that blockchain can truly make a difference to our education system.
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“a) exchange between crypto assets, b) transfer of virtual assets, and c) participation in and provision of financial services related to an issuer’s offer and/or sale of a crypto asset.”Cyprus is one of the seven EU member countries that have already released a declaration that aims to promote the use of DLT in the region. Last fall, the national investment partner in the country, Invest Cyprus, signed a Memorandum of Understanding with VeChain Foundation from Singapore in order to work on multiple national level investment strategies that will be blockchain based.
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“Blockchain technology has established a highly mutual trust data sharing mechanism among tax authorities, invoice service providers, taxpayers and other parties. This is a major reason for the tax authorities to take a new step in deepening the [technological] reform [by] the distribution services.”Back in December 2018, one of the bigger cities in the Guangdong province-Shenzhen announced its success story of how blockchain technology helped with the tax invoices via the messaging app WEChat payment platform. Also, last year in November, the capital of the Guangdong and one of the most developed economic zones in China, Guangzhou, was chosen as a headquarters city for the new blockchain alliance. The alliance involves 54 different companies and is promoting blockchain technology in finances and trading. Countries around the world are opting for blockchain-based tax solutions because of the higher efficiency and transparency.
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