Ripple Labs is expected to initiate an additional $ 5 million to help finance university research and promoting blockchain talents in the Asia-Pacific region.
In a blog post on Tuesday, Ripple Labs announced that he was making additional funding via his University Blockchain Research Initiative (UBRI), which will finance universities in six countries, with new subsidies allocated to the universities of Taiwan and Australia.
Ubri hired $ 1.1 million at Yonsei University in South Korea on a six -year partnership. In Japan, Ubri hired $ 1.5 million at Kyoto University and Tokyo University. In Singapore, total funding crossed $ 3 million to the Nanyang Technological University and the National University of Singapore.
Professor Yang Liu of the College of Computing and Data Science of Nanyang Technological University, who develops an AI agent on the Ledger XRP, said that subsidies have strengthened his research and development efforts.
“With our current subsidy, we are developing a network of Autonomous AI agents on the large XRP book to create a transparent, modular, accessible and collaborative AI platform exploiting blockchain technology. We believe that this innovation will be essential to shape the future of AI. ” Said Liu.
In Taiwan, Ubri joined forces with the National University of Sciences and Technology at the University of Science and Technology to explore the tokenization of real world active (RWA).
“Nkust is enthusiastic about this new chapter, in partnership with Ripple’s University Blockchain Research Initiative (UBRI) to explore the potential of the tokenization of real assets (RWA) on the Grand Book XRP,” said Echo Huang, professor at the National University of Science and Technology in Kaohsiung.
In Australia, Ubri has strengthened its links with the Australian National University and has teamed up with Victoria University, bringing its total allowance to $ 1.3 million in Australian universities.
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In May, Ripple hired 25 million dollars in Rusd, a stablecoin supported by Ripple, to educational non-profit organizations in the United States in order to provide better resources to American teachers.
A few months earlier, in March, Ripple announced that it had launched a non-profit organization called National Cryptocurrency Association, which aims to improve cryptographic education in the United States.
The CEO of Ripple Labs, Brad Garlinghouse, said that the company would provide $ 50 million in grant to the newly formed non -profit organization.
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