Amid a historic crypto market rally, RMIT announced significant changes to its Blockchain Innovation Hub slated for 2025. According to university communications, the blockchain hub will operate as a research entity under the finance school.
Decision on Changes
From 2025, the Blockchain Innovation Hub will become part of RMIT's finance school structure, requiring faculty to balance research with teaching duties. Deputy Vice-Chancellor of Business Colin Picker emphasized the university's focus on resource optimization, with the new model supporting both research and student learning.
Staff Reactions
Staff at the Blockchain Hub expressed dissatisfaction with the announced changes. Sources told Cointelegraph that many employees lack teaching experience, yet will be required to devote about half their efforts to student instruction from next year. Researchers fear this could dilute their focus on blockchain technology.
Context and Implications
These changes come as interest in cryptocurrencies continues to grow both in Australia and worldwide. Adjustments to the Blockchain Hub's operational model contradict recent public support for the crypto industry from various nations. This could impact the future of blockchain research within the university.
The changes to RMIT's Blockchain Innovation Hub raise numerous questions among employees and industry participants alike. It remains to be seen how these adaptations will influence future research in the field.
