Cardano Foundation and The University of Zurich expand academic blockchain research

Non-profit organization Cardano Foundation has announced a three-year collaboration with the Blockchain Center of the University of Zurich (UZH BCC) to further research initiatives and explore blockchain education development. 

Through the partnership, the foundation will work with the Blockchain and Distributed Ledger Technologies (BDLT) Group at the University of Zurich to explore research topics like the efficacy of consensus protocols and analyze attack vectors specific to Ouroboros, among many others. 

The University of Zurich. Source: www.uzh.ch

According to Cardano Foundation CEO Frederik Gregaard, the partnership allows the foundation to provide information to UZH BCC to expand the university’s knowledge of the Cardano platform and at the same time, further develop Cardano itself. Gregaard also explained that: 

“As blockchain moves from the margins to the mainstream, considerably more academic research is required to enhance understanding and, ultimately, bring about adoption. This is why we have even specifically called out education as a core goal of the Foundation for the year ahead.” 

Dr. Claudio Tessone, a professor at the UZH, believes that the partnership will be beneficial to the UZH, and Cardano Foundation’s input is “invaluable to the co-creation of research questions and methodologies,” said Tessone.

Tessone explained that the goal of their organization is the advancement of the blockchain field. “Our objective is to link micro-behavior to global properties of blockchain-based systems,” he said. 

Related: Cardano founder talks about Web3 and the comfort of Bitcoin at Binance Blockchain Week

The importance of blockchain education was also highlighted at the recent MENA Climate Week event organized by the United Nations and Dubai government. In the event, the panel noted that informative and educational content is something that the climate action community needs. 

Meanwhile, a report from an intelligence firm shows that institutions are coming into the Cardano platform. Large Transaction Volume, the aggregated volume from Cardano (ADA) transactions above $100,000 has increased by 51x on March 2022.