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UBC launches Canada’s first graduate blockchain training path

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The University of British Columbia (UBC) is launching Canada’s first blockchain and distributed ledger technology training path for graduate students. The initiative aims to build capacity for existing master’s and PhD students in this area and help scale Canada’s blockchain industry while also tackling some of the world’s most complex socio-technical issues.

Set to become the world’s most multidisciplinary blockchain training path, the unique initiative will provide students with next-generation tools and applications to address issues in FinTech, engineering and computer science, and information governance through its disciplinary streams.

“As the country’s first graduate blockchain learning path, the initiative is transformative to the blockchain sector in Canada and beyond,” said Victoria Lemieux, UBC iSchool associate professor and Blockchain@UBC cluster lead. “The initiative will allow students to develop the skills around emerging technologies that are in high demand as well as drive economic growth as graduates fill the void in the industry.”

The training path will focus on four primary sectors: health and wellness, clean energy, regulatory technology and Indigenous issues, and aims to train 139 students over six years. The initiative is supported by 15 industry partners from a wide range of sectors who will be offering students high-value internships in collaboration with Mitacs. Boehringer Ingelheim (Canada) Ltd. will be a flagship partner, providing funding to support research at the intersection of blockchain and healthcare.

“We are proud to be part of a collaboration that is considered to be the first in Canada offering multidisciplinary graduate education in blockchain technology, developing the next generation of innovators,” said Uli Brödl, vice president, medical and regulatory affairs, Boehringer Ingelheim (Canada) Ltd. “This collaboration will allow us to grow the knowledge base and expertise of scientists to leverage the value of blockchain technology in healthcare.”

Mitacs will provide $1.324 million over six years to match industry funding on an annual basis for up to 18 master’s and eight PhD internships, including skills training and capacity for international experience. This represents a combined potential value of over $2.44 million for 156 internships and post-doctoral training projects.

“Mitacs is pleased to support UBC’s graduate blockchain initiative, which will foster innovation and the training of highly skilled talent to strengthen Canada’s leadership in this emerging area of multidisciplinary research and business transformation,” said Mitacs CEO and Scientific Director, Alejandro Adem.

The initiative will be taught by UBC faculty from diverse disciplines, all of whom are well connected with the local community as well as blockchain research centers around the world. As part of the learning outcomes, students can expect to critically analyze blockchain solutions as well as explore innovative areas where blockchain can be applied to achieve business, social and technical benefits.

The training path will officially launch in January 2020.

For more information, visit: https://blockchain.ubc.ca/

Quick facts:

  • In recent years, blockchain has emerged as a powerful method of providing security and trust in handling data, with countless technical, economic, social and political applications.
  • Blockchain is designed to enable frictionless peer-to-peer interaction without the need for a trusted middleman.
  • Yet, there is little overlap between academia and industry as well as a critical shortage of qualified professionals in the industry.
  • Victoria Lemieux, UBC School of Library, Archival and Information Studies, is the founder of Blockchain@UBC and co-leads the cluster with Chen Feng, from UBC-Okanagan School of Engineering. Their interdisciplinary collaboration recognizes the value of a multidisciplinary approach to blockchain and distributed ledger technology development and the need to span both natural science and engineering (NSE) and non-NSE disciplines to leverage this emerging technology in the best interests of all Canadians.

 

SOURCE University of British Columbia

Blockchain

MEDSiS Announces the Launch of “Maxwell” Stablecoin in Brazil, Making it the Second Country and Currency Added to Their Global Ecosystem Within Two Weeks

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In the same week that MEDSiS announced the official advancement of their Maxwell stablecoin in Argentina with their partner WTIA, a second country now officially comes on board toward their global strategy.  With current contracts in Brazil that include more than 10 million individuals immediately, and with plans to incorporate Maxwell as the backing of future contracts into South America’s largest country, Maxwell now adds a second currency to its portfolio and secures itself as one of the largest cryptocurrencies ever launched. In addition, MEDSiS has plans to announce a US partnership, as well as three more countries in Central and South America.

“We’ve been fortunate to have a team and partnerships in Brazil that have weathered the storm and the delays that it’s taken us to get to this point. Our partners in CLASP have been amazing, and it’s finally time that we’ll be able to fully honor the commitments that have been long standing.”
–  Dax Cabrera, CEO of MEDSiS

Though Brazil has not fully endorsed cryptocurrency as an investment mechanism, what Maxwell is bringing to its customers is quite different than the conventional “cryptocurrency”.  Using a stablecoin model, Maxwell will be an added value to the Brazilian customers in which they will automatically be able to participate and take part in a regulated and secured portal to the global economy.

MEDSiS’ Brazil contracts are based on large-scale payment programs, tied to pre-paid payment cards branded by Visa or Mastercard for benefits and other types of government or individual spending. The inclusion of Maxwell provides stability and one issued coin to every customer that registers and begins using the payments platform.  The integration with the multi-currency payments platform, provided by Rijndlepay, is the engine to which the payments can be processed, and the fiat and blockchain based currencies create a regulated ecosystem which will provide consumers with trust and additional incentives to use the program.

“Rijndlpay’s vision is to enable real-time transactions and settlement between all the stakeholders of any payment ecosystem with any currency, be it fiat or crypto or cross border remittances. The platform can scale to about 15,000 transactions per second. We have developed on hybrid technology that can scale to any model that customers and compliance demands of each country.”
–  States Mitish Chitnavis, architect and CEO of Rijndlepay

As one of the newest Unicorn companies in the FinTech space, MEDSiS’ investments will bring their current contracts to date and be able to provide new jobs, new sources of revenue, and stability in the payments platform.

“The MEDSiS platform will usher in a new era of business management and intelligence for our largest Brazilian customer, CLASP,” says MEDSiS co-founder and chairman of the board, Patrick Mulcahy. “Our platform paves a technological highway to access the most advanced business intelligence and security available today and in the future.  And by building it into the financial platform framework of our contracts, we expect our ecosystem will set a new standard for the payments industry.”

In a time of economic uncertainty, MEDSiS and the Maxwell stablecoin currency are stepping up in at least two major markets to be the first wide-scale blockchain currency applied to both public and private contracts.  MEDSiS is currently partnered with CiaGroup in Brazil for card issuance, and is expanding their partnerships to include and absorb other licensed financial entities, setting a new, highly regulated and secure model for the rest of the Americas.

 

SOURCE MEDSiS International

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Blox Survey Indicates Few Crypto Investors Accurately Disclose Assets to Tax Authorities

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Blox.io, an industry-leading platform for crypto accounting, management and tracking, has released new research on the challenges faced by crypto holders and CPAs when accurately reporting to regulators. The report, titled “The Crypto CPA Insights Report,” is one of the first in-depth looks at the nascent crypto accounting industry, compiling insights from CPAs on the current hurdles that both individuals and businesses face when tracking and managing digital assets. As the Internal Revenue Service (IRS) begins to crack down, the Blox report suggests that only 5% of CPAs believe their clients – both businesses and individuals – are able to accurately or completely disclose assets and transactions for tax reporting.

However, this lack of disclosure may or may not be wilful, as 98% of the CPAs surveyed stated that missing or inaccurate data was the number one crypto accounting mistake. In addition, almost all stated that a lack of understanding of crypto tax rules was a key challenge, and that more government regulation and guidance was needed to direct prudent clients trying to do the right thing.

Sharon Yip, Founder of Crypto Tax Advisors, said: “If a business created 1,000 transactions per day, to 100 different wallet addresses, for 30 different departments, organizing and searching for those transactions is a needle in a haystack scenario. Relying on exchanges is also a dangerous game. Some only track a few months of transactions, while some shut down completely, leaving investors with no historical records of their transactions. This makes calculating profit and loss almost impossible, and could even lead to legal repercussions.”

CPA respondents also pointed to the lack of access to automated crypto accounting software and limited knowledge about the available crypto software solutions as a key challenge when helping their clients (89%).

Alon Muroch, CEO of Blox, said: “This is an entirely new industry and most investors and CPAs are still learning the ropes. One of the biggest problems is the lack of infrastructure. The more mainstream crypto transactions become, the more smart tracking and management tools become imperative. Human error can have serious implications. It comes as no surprise that most CPAs identified technology as a key component for the future of crypto accounting.”

The report shows 93% of crypto CPAs believe there will be smarter solutions and software in the not-too-distant future, while 81% specifically pointed to the need for increased automation for accurate record keeping and to establish best practices.

Education and policy were also revealed as two key areas for future growth, with 96% of respondents believing that more official rules and guidelines are around the corner, and 72% identifying the need for further education on crypto accounting, best practices, and technological solutions.

 

SOURCE Blox.io

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Content public chain Contentos (COS) listed on Binance, announcing an alliance with global ecological partners to promise long-term value

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The content public chain project Contentos (COS) invested by Binance Labs has been launched on the Binance main station and opened COS / USDT, COS / BNB, COS / BTC trading pair recently. Cheetah Mobile, Ontology, LD Capital, Blockshine, Node Capital and LiveMe all expressed their congratulations and support of COS in its longterm value. They believe that blockchain technology will empower the content ecosystem and become a new engine for the evolution of the content industry.

The Contentos (COS) main network will be launched next month (expected 9/25) and now it has reached an eco-cooperation agreement with more than 20 top public chains and Dapp R&D teams around the world such as TomoChain, NEM, Harmony and MixMarvel.

With many years of experience in app product development and operation, Contentos Co-founder and CEO Mick Tsaiand his team reached an eco-strategic cooperation agreement with the photo social platform PhotoGrid, the world-renowned live broadcast platform LiveMe, and the short video Cheez in the early stage of the project. These three platforms have nearly 60 million monthly active users globally, serving as an important traffic foundation for Contentos to build a decentralized content ecosystem.

The photo social platform PhotoGrid will test the COS creation reward mechanism in the Brazilian market in late July. In just 10 days, the number of user-generated photo creations has increased more than 457%, and the number of creators with 500 COS eco-rewards has exceeded 50.

LiveMe cooperates with Yahoo TV and Contentos (COS) to hold a blockchain quiz show together, reaching 15 million global broadcast and attracted imitation from South Korea and Hong Kong market. LiveMe is one of the most popular live broadcast platforms in the US and the Middle East. It has been on the top of the bestsellers’ list for a long time. Its shareholders include Cheetah Mobile and ByteDance (TikTok & toutiao developers).

COS and its strategic partner “Cheetah Mobile” will also cooperate in a variety of product lines. Cheetah Mobile has nearly 600 million worldwide monthly active users. The high-profile and the ratio of light games’ market basis have the potential for development, which is consistent with the long term goal of COS content public chain development.

Mick will continue to accept AMAs in the global community to express his gratitude to users’ support recently. He said: “Launching on Binance is an important milestone for Contentos. It is an affirmation of our efforts, and it also opens a new journey for COS. Markets including VietnamSouth KoreaBrazil, and Russia will all have more exciting and anticipating plans to announce.”

 

SOURCE Contentos

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