Blockchain technology, still in its early days is predicted to pose untapped potential that can change the world as we know it. Often compared to the internet technology, Blockchain is earning recognition and adoption from major governments and industries. Now, the New York University (NYU) has announced that it will offer a new major based on the subject.
The New York University is setting precedence over the blockchain educational systems, by introducing the first of its kind anywhere in the world. Though the what one could expect from the course in terms of academic value is still unclear at this point.
A clinical associate professor of finance at the University claims that in sometime major companies will be looking to hire experts in cryptocurrencies and blockchain technology. It seems that more and more students are becoming interested in digital currencies and blockchain technology. According to David Yermack, a business and law professor at NYU, even former university alumni of all ages began showing up to sit in on his crypto lectures.
“There was some gentle ribbing from my colleagues when I began giving talks on Bitcoin … But within a few months, I was being invited to Basel to talk with central bankers, and the joking from my colleagues stopped after that.”
A lot of traditional financial experts all over the world thought that Bitcoin isn’t for a long run and the tokens success would die out quickly. Obviously, their calculations have misfired a bit as universities are launching courses related to cryptocurrencies and their underlying technology, albeit to meet the demands of students.
With more and more students showing incline towards Blockchain courses, the colleges are pushed to offer them. The increased number of courses giving access to blockchain knowledge leads to more crypto-friendly professionals leading companies in the near future. Notably, adoption of the technology via a prestigious university has gone out of its way to implementing a program like this is a huge win for blockchain and cryptocurrencies.