A new association between the University of Melbourne and the Algorand foundation has been declared. This will pave the way for the facilitation of world-class education on cryptocurrency and blockchain technology courses.
Coming together is a part of the larger plan of the Algorand foundation to make students aware of the enormous potential of blockchain technology and encourage them to make careers in this lucrative field. This is part of the 250M Algo Grant Program that has been announced by the foundation as one of the support functions for the cryptocurrency and blockchain domain.
The University of Melbourne is ranked as the top school for Computer and Information Sciences according to the QS ranking. It has carved a place for itself, and now by being associated with the Algorand foundation, the university will also make sure that it contributes to the broader adoption of new technologies such as blockchain and cryptocurrency.
The courses will be designed under the guidance of the world-renowned names in blockchain technology, Prof Joseph Bonneau, and cryptographer Dr. Shaanan Cohney. The time frame under which the implementation of the courses will happen in the next 6 to 12 months.
The students will get an opportunity to explore the challenges, tools, processes, and procedures required for building blockchain, which not only contributes to the data transparency but also consumes less electricity for its operational requirements. The students will also get a chance to work on real-world projects, providing them with hands-on experience. In addition, the information will be provided to the students on the technical aspects of blockchain technology, including the data structures and consensus protocols, among others.
It is a significant development and will help the property and technology spread its wings wide and far among the prospective users, including students. This is likely to have a positive impact on the Algo coin price prediction.