Ripple announced $ 5m Grant APAC universities

The Ripple Labs is ready to help the additional $ 5 million to help academic research and foster blockchain talent in the Asia-Pacific sector.

In a blog Post On Tuesday, Ripple Labs stated that it would make additional funding through its university blockchain research initiative (UBRI), which would fund universities in six countries, which would have new grants allotted to universities in Taiwan and Australia.

Donation, wave
Yonsei University Source: Wikimedia Commons

The UBRI has performed $ 1.1 million to the University of Yonsei in South Korea in a six -year partnership. In Japan, Ubri has committed $ 1.5 million to Kyoto University and Tokyo University. In Singapore, the total funding has crossed $ 3 million at Nanyang Technological University and National University of Singapore.

Professor Yang Liu of College of Computing and Data Science at Nanyang Technological University, who is developing AI agent XRP accountSaid that the grant has increased its research and development efforts.

“With our current grant, we are developing an autonomous AI agent network on the XRP laser to use blockchain technology to a transparent, modular, accessible and collaborative AI platform. We believe that this innovation will be important in shaping the future of AI.” Liu said.

In Taiwan, Ubri National Kosung University of Science and Technology is partnered with real -world property (RWA) Toknerization can be detected.

Donation, Ripple, RWA tokening
Source: Wave

Eco Huang, a professor at the National Kohasung University of Science and Technology, said, “NKUST is excited about this new chapter, which is partnership with Ripple’s Blockchane Research Initiative (UBRI) to find out the ability of the real -world asset (RWA) token on XRP laser.”

In Australia, Ubri has increased its relations with the Australian National University and in association with the University of Victoria, has brought its total allocation to $ 1.3 million to Australian universities.

Connected: The XRP price will hit $ 25 if ETF is approved, 90% crash

In May, Ripple RLUSD earned $ 25 millionA Stabechoin Supported by Ripple for the education of non -profit organizations in the US with the aim of providing better resources to American teachers.

A few months ago, in March, Ripple announced that it was Started a non -profit organization It is called the National Cryptocurrency Association, which aims to improve crypto education in the US.

Brad Garlinghouse, CEO of Ripple Labs, said the firm would provide $ 50 million as a grant to the newly formed non -profit organization.

magazine: Bitcoin $ 110K ‘Bull Trap’ concerns, James Veen lost $ 25m BTC