Ripple continues to advance its initiative to support blockchain research in universities by announcing a new project at the University of Kansas. This project integrates blockchain, art, and community history.
UBRI Initiative and the University of Kansas
Ripple's University Blockchain Research Initiative (UBRI) aims to foster research in areas such as finance, law, engineering, and the arts. The University of Kansas has received funding from UBRI, allowing an interdisciplinary collaboration where blockchain is used to help communities reclaim ownership over memory, space, and digital expression.
Ripple's Views and Achievements in Blockchain Research
Ripple's CEO Brad Garlinghouse shared his thoughts on the new project, emphasizing that it reaffirms the goals of UBRI: "This is exactly why Ripple launched the University Blockchain Research Initiative: to support academic research driving new utility and long-term impact of crypto."
Recent Developments and Partnerships of Ripple
Last week, Ripple also announced that Bank of New York Mellon would become the primary custodian for its U.S. dollar-pegged stablecoin (RLUSD) reserves, expected to enhance regulatory compliance and institutional trust. In recent weeks, Ripple applied for a national banking charter and a Federal Reserve master account.
Ripple's project at the University of Kansas highlights the importance of collaboration in blockchain research and the company's commitment to innovation in the academic sphere. Recent partnerships also underline a growing interest in regulatory responsibility within the stablecoin sector.
