Students at Arizona State University will soon have a chance to get hands-on experience with blockchain, one of the world\u2019s hottest technologies that is used extensively for digital currencies such as bitcoin and Dash.
\nOn Thursday, Dash announced that it is partnering with ASU\u2019s engineering school, among the nation\u2019s largest, to create a \u201cBlockchain Research Lab\u201d to work on blockchain technology and teach about its possibilities. According to a press release:
\nInitial research will focus on blockchain scalability, best practice, network architecture, environmentally -friendly mining, latency and throughput. Work will commence this month, and as the partnership progresses, may also include on-campus student lessons taught by Dash Core executives.
\nBlockchain technology, which is software that relies on multiple computers to create a tamper-proof ledger of transactions, is best known for powering bitcoin. But it\u2019s also attracting enormous interest from major industries like shipping and finance, which see its record-keeping system as a means of creating more secure and efficient supply chains.
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\nLike other crypto-currencies, Dash is both a digital money and a specific type of blockchain. In an interview with Fortune, Dash CEO Ryan Taylor says he believes Dash is superior to bitcoin because its design allows for faster transactions, and because it is built around voting incentives that encourage good governance.
\nDash, which began in 2014 as a privacy-focused crypto-currency known as Darkcoin, is considerably less used than bitcoin, and has a value of around $1.5 billion versus more than $50 billion for bitcoin.
\nDragan Boscovic, the technical director of the CASCADE research lab at ASU, where the blockchain unit will be housed, said the lab is working with Dash in part because it has many practical uses.
\n\u201cDash is the blockchain for the masses, and it\u2019s impressive for several reasons. The instant transactions (InstantSend) is a very important feature that meets the most demanding need of practical business applications,\u201d said Boscovic in a statement.Other universities, including MIT and Princeton, have undertaken blockchain research but, according to Dash, the new lab will be the first official research entity devoted to actively researching applications for the technology.<\/p>\n","protected":false},"excerpt":{"rendered":"
Students at Arizona State University will soon have a chance to get hands-on experience with blockchain, one of the world\u2019s hottest technologies that is used extensively for digital currencies such as bitcoin and Dash.
\r\nOn Thursday, Dash announced that it is partnering with ASU\u2019s engineering school, among the nation\u2019s largest, to create a \u201cBlockchain Research Lab\u201d to work on blockchain technology and teach about its possibilities. According to a press release:
\r\nInitial research will focus on blockchain scalability, best practice, network architecture, environmentally -friendly mining, latency and throughput. Work will commence this month, and as the partnership progresses, may also include on-campus student lessons taught by Dash Core executives.
\r\nBlockchain technology, which is software that relies on multiple computers to create a tamper-proof ledger of transactions, is best known for powering bitcoin. But it\u2019s also attracting enormous interest from major industries like shipping and finance, which see its record-keeping system as a means of creating more secure and efficient supply chains.
\r\nGet Data Sheet, Fortune\u2019s technology newsletter.
\r\nLike other crypto-currencies, Dash is both a digital money and a specific type of blockchain. In an interview with Fortune, Dash CEO Ryan Taylor says he believes Dash is superior to bitcoin because its design allows for faster transactions, and because it is built around voting incentives that encourage good governance.
\r\nDash, which began in 2014 as a privacy-focused crypto-currency known as Darkcoin, is considerably less used than bitcoin, and has a value of around $1.5 billion versus more than $50 billion for bitcoin.
\r\nDragan Boscovic, the technical director of the CASCADE research lab at ASU, where the blockchain unit will be housed, said the lab is working with Dash in part because it has many practical uses.
\r\n\u201cDash is the blockchain for the masses, and it\u2019s impressive for several reasons. The instant transactions (InstantSend) is a very important feature that meets the most demanding need of practical business applications,\u201d said Boscovic in a statement.Other universities, including MIT and Princeton, have undertaken blockchain research but, according to Dash, the new lab will be the first official research entity devoted to actively researching applications for the technology.<\/p>\r\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[216],"tags":[],"acf":[],"yoast_head":"\n