The initiative is dedicated to researching and understanding blockchain technology
The center will develop industry best practice along with industry leaders and also help future students in this field by providing blockchain courses
“Blockchains will become increasingly critical to doing business globally,” said Boneh, the Rajeev Motwani Professor in the School of Engineering, and an expert on cryptography and computer security. “Stanford should be at the forefront of efforts to improve, apply and understand the many ripple effects of this technology”
The five year program is being sponsered by various blockchain organisations, including: The Ethereum Foundation, Protocol Labs, the Interchain Foundation, OmiseGO, DFINITY Stiftung and PolyChain Capital.