Tokyo Institute of Technology Forms Blockchain Collaborative with Hong Kong Fintech Firm

Input Output Honk Kong (IOHK), a blockchain developer, and the Tokyo Institute of Technology have teamed to create a blockchain collaborative within the Tokyo Tech School of Computing.

The two institutions will promote joint research in blockchain related technologies. IOHK researchers will join Tokyo Tech, while professors and graduate students will tackle industry challenges.

The institutions recognize that cryptocurrencies can revolutionize not only the banking system, but also societies worldwide by providing more efficient and inclusive ways to make financial transactions.

Crypto Challenges In Sight

The partnership, called the Input Output Cryptocurrency Collaborative Research Chair, aims to tackle the blockchain/cryptocurrency sector’s various challenges. One goal is to develop young professionals and to educate society about the new technology.

“This collaboration has two main goals: the first is develop our business area, which is cryptocurrencies and blockchain related technologies in the fundamental level,” said Charles Hoskinson, IOHK CEO and co-founder. “The second is to nurture and develop global talent in these areas in Japan.”

Yoshinao Mishima, president of Tokyo Tech, said the initiative matters because the school wants

Read more ... source: CryptoCoinsNews

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