The Global Blockchain Business Council (GBBC), the leading industry association for the blockchain technology ecosystem, has launched a Blockchain Education Initiative to draw attention to the innovative blockchain work that leading academic institutions around the world are undertaking to promote a greater understanding of blockchain technology and its numerous applications.

As part of its education initiative, the GBBC, whose membership is made up of innovative organisations and thought leaders from over 40 countries, will provide executive summaries of detailed technical reports and studies produced by the organisations that it will be spotlighting. 

The GBBC’s first spotlighting will be the Massachusetts Institute of Technology’s (MIT) Digital Currency Initiative (DCI), showcasing its work around the development of digital currencies and blockchain technology. MIT’s DCI is focused on bringing together the brightest minds at MIT and other universities to help drive the advancement of digital currencies and blockchain technology. Topics captured in the initial collection of summaries include electric microgrids, digital fiat currencies, the lightning network, and secure asset registries.

MIT’s DCI is directed by Neha Narula.

Sandra Ro, CEO of the GBBC, said: “Our aim is to educate on the benefits of blockchain and serve as a reliable resource on this issue for businesses, governments, not-for-profit organisations, regulators and other interested parties.

“Our new educational initiative is key to achieving this goal, and we are delighted to be able to provide further insight into the interesting work and ground-breaking research pieces that will be coming out from MIT’s DCI.”

Neha Narula, Director of MIT‘s DCI said:

“Blockchain technology and cryptocurrencies are a new frontier with many opportunities. Forums like GBBC are key to realising the full potential of this technology by providing education and guidance to organizations.”

GBBC is also in discussion with other leading academic institutions to further mobilise industry voices and help educate business leaders and regulators on the potential of blockchain technology.”