Tokyo Institute of Technology starts a FinTech collaborative

Tokyo Institute of Technology starts a FinTech collaborative

The Tokyo Institute of Technology has co-worked with the blockchain developer Input Output Honk Kong to launch a blockchain collaborative within the T

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The Tokyo Institute of Technology has co-worked with the blockchain developer Input Output Honk Kong to launch a blockchain collaborative within the Tokyo Tech School of Computing.

The two institutions will promote joint research in blockchain technologies. The IOHK researchers will join Tokyo Tech, while students and professors will work on problems of the financial technology industry.

This project emerged due to the growing popularity of cryptocurrencies that may disrupt the banking system in the near future.

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

Speaking to cryptocoinnews.com, Yoshinao Mishima, president of Tokyo Tech, commented that the initiative will enhance the collaboration between the institute and industries and universities in the country and abroad. Tokyo Tech may also lead the way by delivering groundbreaking results in research and engineering to be published in scientific journals.

The launch of the Collaborative Research Chair is a continuation of a 6-month joint agreement between Tokyo Tech and IOHK. IOHK has a growing global network of technology laboratories, the first of which are situated in Tokyo, Japan and Edinburgh, Scotland.

Cryptocoinnews.com also lists the main goals of the chair:

  1. Research blockchain-related technologies and related areas
  2. Nurture global talent and expertise
  3. Promote collaboration among researchers worldwide

The chair will research blockchain-related fields such as computer science, distributed systems, game theory, programming languages and cryptography, as cryptocoinnews.com reported.

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