The London School of Economics and Political Science (LSE) officially became the second educational institution to support the Blockchain site after joining the University College of London last year, along with 39 members of the global board of Hedera Hashgraph.
Hedera Hashgraph is an enterprise-grade distributed rate technology designed to support the development of web applications for a decentralized economy.
It includes members of its governing federation, as well as established business leaders Google, IBM, Boeing e ChainLing LabsAmong other things, it promises to support Hedora’s ambitions to grow a decentralized open source network. Members fulfill this role by building and maintaining nodes in the blockchain, voting on important software decisions, and raising awareness on the platform.
Hedera’s college model is built on a three – year rotating system to ensure that democratic principles are maintained.
The initiative is represented by its educational charity, LSE Enterprise – which will “facilitate the use of its educational experience and intellectual resources” to advance the development of its blockchain technology areas.
This new move, which has already established a solid understanding of the emerging sectors through its work with regulators and central banks, will further deepen the company’s ambitions to transition from mere academic research to real-world use.
In practice, LSE students and faculty members will have the opportunity to participate in hackathon, innovation leadership seminars and research initiatives to improve their knowledge of the technology.
For more information on the impact of the use of blockchain technology on university sustainability and community initiatives, Cointelegraph contacted Tamim Ahmed, LSE Senior Research Partner. he said:
“In times of uncertainty, COVID-19 and Climate Crisis demonstrate the need for companies and organizations to explore new models and solutions for sustainable operation and collaboration. And provide innovation opportunities.
From Hedera’s point of view, the inclusion of LSE on the board will allow access to a wider network of leading Web 3.0 professionals and contacts.
Carsten Sorensen, Associate Professor of Information Systems and Innovation at LSE, shared his thoughts on partnership:
Joining Hedera’s Board of Directors marks a significant step in expanding our research collaboration and knowledge sharing in digital transformation. In doing so, we would like to significantly extend our research to understand how DLT and blockchain technologies can positively impact society as a pioneer in sustainable digital design. ”
Mans Hormone, CEO and co-founder of Hedera Hashgraf, also shared his views: “As a world-renowned educational institution, the inclusion of LSE on the Hezera Board of Directors is a wonderful event not only for our community but for the economy as a whole.”
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