Ripple Donates $50 Million to 17 Universities to Boost Blockchain, Crypto Adoption

Cryptocurrency startup Ripple, the blockchain-based payment network, is donating $50 million to 17 universities around the world to bolster the adoption of blockchain, the technology underpinning bitcoin. Ripple announced the partnership, called the University Blockchain Research Initiative, on its website June 4. The company said its donations will be made in U.S. dollars, not cryptocurrency.

The post Ripple Donates $50 Million to 17 Universities to Boost Blockchain, Crypto Adoption appeared first on CCN