Based on a recent report, it was made known that IBM and Columbia University (CU) has formed a partnership aimed at further advancing the adoption of blockchain technology.
IBM and Columbia University (CU) Form Partnership
The report made it known that the partnership between IBM and CU has led to the creation of two new accelerator programs with a view ‘to build and scale the next generation of blockchain innovation’.
This collaboration between IBM and Columbia University is expected to allow aspiring entrepreneurs and blockchain network founders to access the necessary tools and resources needed to achieve their dreams of establishing a blockchain based project.
According to a recent press release, the newly created programs are a part of the “inter-created Columbia-IBM Center for Blockchain and Data Transparency.”
The Benefit of the Partnership to Columbia University
With this partnership, Columbia University will likely turn to one of the largest blockchain learning hubs in the USA. With the rate at which blockchain technology adoption is being used to serve mainstream purposes in recent times, it is crystals clear that blockchain is the future.
According to a joint announcement from IBM and Columbia University (CU) each of the programs is designed to support ten blockchain-focused startups. The announcement reads:
“As part of each program, participants will explore best practices for building a blockchain network with technical, academic and business mentors from IBM and Columbia. They will have access to agile design workshops from IBM, an experienced network of business and technical support, connections to the Columbia research community and student talent pools, business value design assistance and access to IBM Cloud technology through the program.”
David Post— managing director of the IBM Blockchain Accelerator, has also expressed his delight regarding the project. He made this known in a statement which reads:
“The possibilities presented by blockchain technology are seemingly endless, and we are seeing strong dedication by technical talent to build game-changing applications. What is also needed to truly bring about this sea change is the right technology and expertise which is why IBM is working with Columbia to help give these early-and mid-stage founders a way to build enterprise-grade networks that can move blockchain innovation forward.”