Turkey has launched its first blockchain university center, known as BlockchainIst center, on Aug 3, 2018, reported Daily Sabah. The Istanbul Blockchain and Innovation Center (BlockchainIST Center) was launched at Bahçeşehir University (BAU).
Center’s director Bora Erdamar said that
The purpose of the BlockchainIST project is to be the most important center of research and development and innovation in Turkey in which scientific studies and publications are made in blockchain technologies. To this end, it is crucial to cooperate with other universities, the business world and government institutions.
The center’s plan is to reduce the market gap in expertise to use the blockchain technology in the secure tracking of digital transactions in different sections across the country.
Erdamar further said that,
The Istanbul Blockchain and Innovation Center, established in Bahçeşehir University, is the first research and innovation center in our country to have been established within a university.
A blockchain, is an increasing list of records, called blocks, which are connected using cryptography. Blockchains which are detectable by the public are widely used by cryptocurrencies. Blockchain was discovered by Satoshi Nakamoto in 2008 to serve as the public transaction ledger of the cryptocurrency bitcoin. The invention of the blockchain for bitcoin made it the first cryptocurrency to solve the double-spending problem without third party.
The country is striving to be in line with the rest of the world in digitalization. This is the first time when Turkey has the opportunity to become the leading country in technology that will transform humanity. Therefore, we are trying to lead this business with such a center. We will strive to train Turkey’s human resources in blockchain and enable the country to lead the world in this area
Instant Crypto Credit Lines™ from only 5.9% APR. Earn up to 8% interest per year on your Stablecoins, USD, EUR & GBP. $100 million custodial insurance.
This post may contain promotional links that help us fund the site. When you click on the links, we receive a commission - but the prices do not change for you! :)
Disclaimer: The authors of this website may have invested in crypto currencies themselves. They are not financial advisors and only express their opinions. Anyone considering investing in crypto currencies should be well informed about these high-risk assets.
Trading with financial products, especially with CFDs involves a high level of risk and is therefore not suitable for security-conscious investors. CFDs are complex instruments and carry a high risk of losing money quickly through leverage. Be aware that most private Investors lose money, if they decide to trade CFDs. Any type of trading and speculation in financial products that can produce an unusually high return is also associated with increased risk to lose money. Note that past gains are no guarantee of positive results in the future.
You might also like
More from Crypto
After weeks of huge gains, Bitcoin has finally slowed down and started consolidating after peaking at $10,500. The bulls were …
Week’s Top Gainer – Bora Rises by 262% BORA (BORA) was this week’s top gainer with 262% increase in value to …