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Ripple Expands XRP Ledger Research in Asia with New UBRI Grants
- Ripple expands its academic outreach in the Asia-Pacific region through the University Blockchain Research Initiative (UBRI) with over $5 million committed.
- The UBRI initiative now covers 60+ universities globally, including Taiwan's first partner, NKUST, focusing on tokenization of physical assets on various ecosystems.
- Ripple's long-term strategy involves investing in blockchain education and research in countries like South Korea, Japan, Singapore, Taiwan, and Australia.
- Partnerships in South Korea and Japan receive substantial funding for blockchain research, including work in blockchain sharding and decentralized systems.
- In Singapore, a modular AI ecosystem on the XRP Ledger is being developed by Nanyang Technological University, enhancing blockchain programs at local universities.
- Academic projects in Korea, Australia, and Singapore focus on enhancing zk-SNARKs efficiencies, legal research on decentralized technologies, and hands-on blockchain curricula development.
- Ripple's investments in the Asia-Pacific region aim to bridge academic research with real-world blockchain solutions, bringing practical experimentation to blockchain networks.
- Academic partnerships supported by UBRI are cultivating innovations that could potentially reshape the global financial system in the future.
- UBRI Connect at the National University of Singapore brought together researchers from 28 countries to push the academic boundaries in blockchain.
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