Trinity College Dublin has teamed up with Ripple, a leading cryptocurrency and blockchain company, to develop a new blockchain research initiative.
The announcement on January 17, 2025, reveals that this move forms part of Ripple’s University Blockchain Research Initiative (UBRI).
This blockchain research will receive $200,000 (€194,531) in funding from Ripple over the next two years.
Bringing Trinity to the global blockchain ecosystem
Official announcement indicates that as part of the initiative, Ripple Blockchain Collaboratory will be hosted at the Adapt Research Ireland Centre within Trinity’s School of Computer Science and Statistics.
Led by Professor Hitesh Tewari, the project will serve as a hub for research and project-based learning. On that note, practical solutions will be created to resolve real-world problems in fintech and cyber security.
The initiative will also explore developing a decentralized social media network that offers increased privacy and user control. It helps highlight the potential for emerging technologies in reshaping the future of the financial and technology sectors.
Being a part of the UBRI programme, Trinity College will manage an XPR Ledger (XPRL), validator enabling the university to contribute directly to the global blockchain ecosystem.
Through this collaboration, Trinity researchers will access the core of decentralized technology, boosting work in fintech, cyber security, and blockchain solutions.
Creating blockchain awareness
Furthermore, the collaboration will enhance engagement within Ireland’s blockchain and fintech communities by organizing conferences, seminars, and workshops.
These events will increase public awareness of the potential of cryptocurrencies and blockchain networks in Ireland. Thus, it will help boost the country’s position as a leader in emerging technologies.
With Ripple’s global network and events, Trinity’s students will enjoy valuable opportunities to connect with industry leaders. These opportunities will further advance their research and innovation in blockchain technology.
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