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Ripple announces $ 5M to give APAC University


The Ripple Labs is set to make an additional $ 5 million to help the academic research and foster blockchain talent in the Asia-Pacific region.

On a blog Post On Tuesday, Ripple Labs said it would make additional funds through the University Blockchain Research Initiative (UBRi), which will fund universities in six countries, with new grants allocated to universities in Taiwan and Australia.

Donations, ripple
SOURCE OF YONSEI UNIVERSITY: Wikimedia Commons

UBRI has made $ 1.1 million at Yonsei University in South Korea in a six -year collaboration. In Japan, UBRI has made $ 1.5 million at Kyoto University and University of Tokyo. In Singapore, the total funds crossed $ 3 million throughout Nanyang Technological University and the National University of Singapore.

Professor Yang Liu of College of Computing and Data Science at Nanyang Technological University, forming an AI agent at XRP LedgerThe grants said it improved its research and development efforts.

“In our current grant, we are developing an Autonomous AI agent network on the XRP Ledger to create a transparent, modular, accessible, and cooperative AI platform bound to blockchain technology. We believe this innovation will be pivotal in shaping the AI ​​future.” Said Liu.

In Taiwan, UBRI is working with the National Kaohsiung University of Science and Technology to explore the tokenization of the real-world asset (RWA).

Donations, Ripple, RWA Tokenization
Source: Ripple

“Nkust is pleased with this new chapter, which is working with Ripple’s University Blockchain Research Initiative (UBRI) to explore the potential of real-world asset (RWA) to the XRP Ledger,” said Echo Huang, a professor at National Kaohsiung University of Science and Technology.

In Australia, UBRI has strengthened its relationship with Australian National University and cooperated with Victoria University, which brings its total allocation to $ 1.3 million throughout the University of Australia.

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In May, Ripple Focused $ 25 million in RLUSDa Stablecoin Ripple back, to US -free education organizations with the aim of providing better resources to American teachers.

A few months before that, in March, Ripple announced that it had Launched a nonprofit organization It is called the National Cryptocurrency Association, which aims to improve crypto education in the US.

Ripple Labs CEO Brad Garlinghouse said the company will provide $ 50 million as a give to the newly formed nonprofit organization.

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