Turkish University Opens Blockchain Center at Boston's Northeastern University

Turkish Bahçeşehir University (BAU) has reportedly opened a blockchain center at Boston's Northeastern University (NEU) to provide informational support on blockchain technology, Daily Sabah reports on May 7.

Apart from informational support, the BAU–NEU Blockchain Laboratory's objective is to apply for funds in the United States, the European Union and Turkey, thus boosting Turkey's presence in the blockchain market and attract specialists in the field.

Commenting on the cooperation, Chair of the BAU Board of Trustees Enver Yücel said that he would also like to start blockchain-related master and doctoral education programs in partnership with the Turkish Exporter's Assembly. Bora Erdamar, director of BAU’s BlockchainIST Center, added:

"[Blockchain] will directly change all sectors from logistics to trade, from education to health, from energy to agriculture where we need to keep our products and people's information in a safe environment."

Blockchain technology has been gaining traction in the educational space. Recently, two South Korean universities, Yonsei University and Pohang University of Science and Technology, collaborated to develop an entire Blockchain Campus with its own cryptocurrency. Within the initiative, a student-centered project aims to increase day-to-day cryptocurrency usage.

The Indian Institute of Management (IIM) Calcutta and training platform TalentSpirit began jointly offering an advanced program in fintech and blockchain technology in February. The program is reportedly targeted at management and finance professionals aiming to educate participants on financial technology growth and its potential impact on the banking and financial ecosystem.