Ripple Releases New Episode of On Campus
Ripple has released the latest episode of On Campus on Ripple Insights. This episode talks about how the University of Kansas (KU) is blending academics and blockchain under Ripple’s University Blockchain Research Initiative (UBRI).
Talking about future innovators the article said:
“Professor Alexander fundamentally believes that the study of blockchain and other new technologies is the foundation to building the entrepreneurs and workforce of tomorrow. He observed that industries advance in new technologies as they hire workers that have studied these technologies more extensively and are more familiar with how to apply and manage them.”
Adding to it:
“That’s why he believes ubiquitous commercial applications for blockchain are still a generation of startups away. Current and future students need time to explore and manipulate blockchain—especially in the context of interdisciplinary study—so they are better attuned to how they can more widely commercialize the technology.”
Continuing with it:
“He was adamant that while blockchain is a fascinating technology on its own, it requires people from across the vast spectrum of academia to make it effective. He pointed to his department’s own cybersecurity work as an example. It’s well known that one of the core security flaws in most systems is not technological but rather social in nature: consider the employee who misplaces a badge or password versus a deficiency in technology.”
Finishing it off, the article said:
“This same integration of sociology is critical when thinking about how to use blockchain to move money between people without banks as intermediaries. This is why Professor is so excited about the chance to engage business, law, psychology and other schools in KU’s blockchain work.”
The article then moves on to “Blockchain for Biodiversity”, which is an interdisciplinary approach. One of the early examples of this approach was a project which Professor Alexander initiated through UBRI for testing how blockchain can support data access control for biodiversity teams.
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Talking about it, the article said:
“While it’s easy to imagine that discovering a new animal or plant would be important to share with the world, the opposite is actually true. Professor Alexander learned that immediately making the discovery of new species public could put it in jeopardy, so scientists employ security controls to protect these new findings.”
Adding to it:
“As part of UBRI, KU is sponsoring joint research with blockchain and biodiversity teams to explore a blockchain-based security protocol for these new discoveries. For example, if an American and Swiss team found a new insect in Mexico, blockchain could encode the rights along with a smart contract to grant access and rights to governments and researchers in all three countries while keeping the information confidential from the rest of the world.”
A demonstration of this capability might help make funders more comfortable while sponsoring future efforts.
Talking about the application of blockchain in art, the article said:
“Professor Alexander is also pursuing other intriguing cross-department research projects into blockchain. Based on his past interactions with staff at the university’s Spencer Museum of Art, he is exploring an exhibition on the visualization of different blockchains.
Through a partnership with the visual arts team, he hopes to create an intriguing way for people outside of the computer sciences to discover and potentially be inspired by the technology.”
It can also be used for cataloging artwork with the help of blockchain.
Cybersecurity is another field of application for blockchain. Talking about Professor Alexander’s hopes with the technology for cybersecurity, the article said:
“He believes that blockchain has a lot to offer when it comes to identity and network resiliency—both fundamental components of cybersecurity. Ultimately, he imagines blockchain being a critical part of aggregated trust approaches that can more effectively manage the enormous scope of devices involved in the Internet of Things.”
To conclude, the article said:
“In the end, Professor Alexander was generous in his comments about Ripple and UBRI—what he termed a “game changer” for KU. He hopes to use the grant to expose more students to the technology in novel ways.
He says students are the best tech transfer mechanism, and that providing them with these opportunities and interactions is the reason a university exists.
By showing them what blockchain makes possible, he hopes to influence the next generation to develop the next economy.”