The University of Western Australia and digital currency exchange Binance Australia have partnered, through Binance Charity, to advance blockchain education to meet the rising need for skills in the disruptive technology.
The donation, which be accepted in BUSD, a fiat-backed cryptocurrency stablecoin, of up to $450,000 (US$300,000) from Binance Australia will go towards enhancing the course already on offer at UWA.
Dean of the UWA Business School Professor Peter Robertson said the University was committed to providing Business education at the forefront of a rapid changing technologies and welcomed the generous donation.
“It is a wonderful opportunity for students to learn about crypto currencies and the blockchain using real crypto accounts,” Professor Robertson said.
Binance Australia’s Chief Executive Officer Leigh Travers said while building out a full Master program for blockchain technology a third of the funding was allocated to develop UWA Metaverse labs which will be researched and designed by students.
Supported by the Binance Charity, the initiative will create equal access opportunities for UWA students to practically engage with blockchain technologies and develop skills in high demand by emerging and established industries, which are reshaping traditional economic sectors globally.
“The Binance Australia team are incredibly excited to help accelerate the blockchain and crypto literacy of UWA students,” Mr Travers said.
University lecturer Dr Andrzej Gwizdalski said there was an increasing demand for a workforce with knowledge in blockchain and crypto currencies.
“Students completing the course will learn about the key disruptive technologies powering Web3, how to apply the innovation in business and what implication the technologies will have on work, economy and society,” Dr Gwizdalski said.
“UWA has the world’s leading scholars and resources at the helm of this Australian-first offering.”
Professor Robertson said the UWA Business School had a new Centre for Blockchain and Crypto-Currency Research, to ensure Australia remained world leaders in this field. UWA’s blockchain courses will commence in Semester two of this year, more information here.
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