RMIT, a global university of technology and design and Australia’s largest tertiary institution, was recently ranked third in the world for the study of digital currencies in a ranking by a cryptocurrency market data provider.
According to the university’s website, digital assets provider Kaiko released a list of the top 10 universities for the study of cryptocurrency. Coming in third place was Melbourne-based RMIT, which was recognized for its “cutting-edge innovation when it comes to combining economic and technological research.”
Over the past few years, RMIT’s Blockchain Innovation Hub, led by Professor Jason Potts, has engaged with the government, policymakers, and members of the media to explore and exchange knowledge about the impact of blockchain on the regulatory and economic environment.
RMIT’s research team has published works in multi-disciplinary topics, such as crypto-economic business strategy and the current and future layout of the blockchain economy.
Dr. Chris Berg, senior research fellow at the RMIT Blockchain Innovation Hub, called the ranking valuable recognition for the institution and its frontier research.
“RMIT is doing frontier research in a frontier field. Even though blockchain is a very early stage technology, it’s already proving to have a big impact, with an enormous amount of interest from industry, government, academia, and the general public,” Berg said.
RMIT had introduced Australia’s first university course on blockchain strategy in 2018 with the aim of addressing the rapidly-growing blockchain and cryptocurrency industry.
The accolade is only slightly undercut by pessimism from the Reserve Bank of Australia (RBA) over the utility of crypto technology in the country. Last month, the central bank published a paper authored by four RBA analysts, who said they see “little likelihood of a material take-up of cryptocurrencies for retail payments in Australia in the foreseeable future.”
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