Ripple Expands UBRI Program to Strengthen European Connections
Ripple, the blockchain company, is actively working towards enhancing crypto education and strengthening its European connections. To achieve this, Ripple has recently partnered with four prominent European universities, including IE University in Spain, the University of Trento in Italy, EPITA in France, and Trinity College Dublin in Ireland, as part of its University Blockchain Research Initiative (UBRI) program.
The main objective of this initiative is to advance blockchain research and education across Europe. By taking this step, Ripple aims to equip the next generation with practical skills for real-world blockchain applications. Additionally, this expansion into Europe suggests that Ripple is looking to strengthen its ties with the continent, possibly due to the increasing strictness of crypto regulations in the US.
Investing in the Future of Blockchain in Europe
Over the past five years, Ripple’s UBRI program has invested over $11 million in its partner institutions in Europe, contributing to the region’s emergence as a global blockchain hub. This investment reflects Ripple’s commitment to preparing the next generation with the necessary skills for practical blockchain implementation.
As part of their collaboration with UBRI, IE University is planning to host a three-day virtual workshop focused on asset regulation for students. This partnership between Ripple and various institutions demonstrates a shared vision of preparing future leaders for a crypto- and blockchain-enabled economy.
UBRI’s Global Expansion and Ripple’s Long-Term Approach
Initially launched in Japan in 2019, Ripple’s UBRI program has expanded globally. The surge in young people in Japan using cryptocurrencies, particularly among individuals in their twenties, raises questions about the program’s impact on generating interest in volatile assets.
Ripple’s expansion of the UBRI program into Europe showcases its long-term focus and commitment to building a global footprint. By fostering blockchain research and education, Ripple not only contributes to the development of the industry but also strategically positions itself in the evolving crypto landscape.