The leading Australian university of technology, design and enterprise, RMIT has been ranked second globally for blockchain. The study conducted by CoinDesk Ranking in partnership with Stanford University involved 230 institutions of higher learning that have learning courses with academic research that have impacted blockchain technology development.
RMIT has acknowledged the award with the Deputy Vice-Chancellor (Business and Law) Prof Julie Cogin claiming it’s a fantastic recognition for the university. She said, “We’re thrilled to be ranked number two globally in blockchain, recognising the outstanding achievements of our Blockchain Innovation Hub, Centre for Cyber Security Research and Innovation, and researchers across the College of Business and Law,”
The university has blockchain, digital finance and digital economy as some of its flagship programs following the Victorian government-funded Digital CBD project. It also plays a lead role in the $181million Digital Finance Cooperative Research Center (CRC). She added, “As a growing area of student demand, we’ve also empowered our students to choose from a range of study options in Blockchain, including our new industry-integrated Bachelor of Business and postgraduate programs.”
The top-ranked universities from the study are; National University of Singapore (100 pts), RMIT (97.65 pts), University of California Berkeley (93.26 pts), University of Zurich (91.66 pts) and Massachusetts Institute of Technology (91.57 pts).
Jason Potts, the Blockchain Innovation Hub Director, said all of those who have participated in the RMIT blockchain innovation hub deserves the accolade. He said, “In higher education, there is fierce competition in the blockchain technology field. Our second-place finish cements RMIT’s standing as not only a world-class research institution but also a top choice for international students,”
RMIT is the world’s first learning institution with a dedicated research centre on the social science of blockchain. The second-place ranking, solidifies its standing as the leading blockchain research institution. It also places it as the best destination for students looking to learn about blockchain technology. The RMIT Blockchain Innovation Hub combines public policy, economy, sociology and political economy to deliver a new and improved way to understand blockchain technology.
What does the ranking show on the blockchain landscape in Australia
RMIT’s global ranking as the second leading university in blockchain studies gives a clear indication of the blockchain landscape in Australia. Australia is one of the leading countries when it comes to blockchain technology adoption. The country was one of the first to use blockchain technology in finance by accepting Bitcoin and other cryptocurrencies for transactions. It has been consistent in using blockchain technology as it is already working on possible new regulations for digital currencies.
With RMIT having a dedicated blockchain technology hub, it shows the Australian population is willing to learn more about the industry. Also, with new experts coming out of the university, most of these will translate to innovators and workers in the Australian digital market. This means the country has a secure blockchain technology-powered future. The country will also be expanding revenue sources as the university also trains international students.
