Tron CEO Justin Sun Donates $1.5 Million to Alibaba Co-Founder Jack Ma’s University

Published at: April 8, 2019

Tron and BitTorrent CEO Justin Sun has donated $1.5 million to the Hupan University established by Alibaba’s co-founder Jack Ma, according to a press release shared with Cointelegraph on April 8.

The Hupan University was launched in 2015 by Ma in a bid to help entrepreneurs and business owners learn core business skills needed for further development and promotion in the Chinese market. Sun’s contribution will purportedly support the next class of 41 students from 14 industries, with about half representing the Internet sector and half the traditional sector.

Commenting on the importance of the university to professional development, Sun said, “Hupan University made a huge impact and difference to me and the company. Without Hupan, Tron will not be what it is today. My entrepreneurship was enlightened and developed there.”

Educational institutions around the world have been gradually adopting blockchain technology both in their curricula and administrations. In February, Japanese multinational conglomerate Sony and IT equipment services firm Fujitsu created an encrypted database for educational proficiency documents. In using the platform, Japanese language schools can compare certificates with data registered on the blockchain in order to verify that the documents are authentic.

That same month, the Indian Institute of Management (IIM) Calcutta and training platform TalentSpirit began jointly offering an advanced programme in fintech and blockchain. The new program scheduled for this May 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.

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