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Ripple Renews Partnership With Morgan State University to Support Blockchain Innovators Across HBCUs

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Ripple, a global payments and financial solutions provider, is intensifying blockchain education in the US through its University Blockchain Research Initiative (UBRI), renewing its $1.05 million partnership with Morgan State University to bolster blockchain innovators across America’s Historically Black Colleges and Universities (HBCUs).

Over the past six years, the Ripple UBRI has played a pivotal role in establishing a crucial foundation and learning environment for the next generation of blockchain engineers. The renewed funding provided to Morgan State will further deepen the progress achieved as a result of Ripple’s earlier grant to the university and create avenues for new programming and research opportunities for both students and faculty.

With a network of over 50 university partners spanning 26 countries, offering more than 600 new or expanded fintech courses and facilitating 1,500 academic blockchain research projects, UBRI has become the gold standard for blockchain education, research, and inclusive economic development.

Eric van Miltenburg, Senior Vice President of Strategic Initiatives at Ripple, underscored the significance of this partnership, stating, “The demand for crypto and blockchain knowledge among our next generation is growing, and the HBCUs in the UBRI network are leading the charge to ensure that this interest is nurtured and supported. We are eager to witness how Morgan State continues to empower its students and spearhead ambitious projects that will diversify the XRP Ledger ecosystem for years to come.”

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Building on Past Successes:
Since its inception in 2018, the partnership between Morgan State and UBRI has expanded its technological capabilities, set new standards for academic excellence, and fostered an environment of innovation. Notable achievements include the establishment of innovative programming such as the student-led MorganHacks, which attracted approximately 150 students from seven HBCUs this year and featured an XRP Ledger (XRPL) workshop and Finance Challenge Statement from Ripple. The winning project, CarbonKarma, utilizes decentralized, community-driven incentives to reward travelers for opting for sustainable options.

Looking Ahead:
With the latest grant, Morgan State aims to amplify its efforts, engage other HBCUs, and combine collaborative research with real-world applied learning opportunities to cultivate a pipeline of diverse, skilled, and highly trained professionals ready to excel in enterprise blockchain jobs. Proposed activities include cutting-edge research initiatives intersecting blockchain, artificial intelligence (AI), and machine learning (ML), XRPL development workshops and programs, and an annual national blockchain and fintech conference.

Ali Emdad, Ph.D., Interim Dean for the Earl G. Graves School of Business and Management and Director of the National FinTech Center at Morgan State, expressed gratitude for Ripple’s ongoing support through the UBRI grant, highlighting its transformative impact on Morgan’s National FinTech Center programs and its role in fostering an inclusive and creative educational environment.

Integrating New Technologies:
At the core of the partnership with UBRI is Morgan State’s National FinTech Center, serving as the hub of the HBCU Blockchain and FinTech Network. With the establishment of the National Center for the Study of Blockchain and FinTech Operations and the renewed UBRI grant, Morgan State aims to advance a cross-disciplinary approach that deeply integrates data analytics, AI, and ML into blockchain research and education.

Shaping the Future:
As blockchain continues to flourish within academia, UBRI remains committed to expanding its support for cutting-edge research, technical development, and innovation in blockchain and crypto on campuses worldwide. The renewed partnership with Morgan State will contribute to cultivating a new generation of leaders equipped with the knowledge and skills to navigate the evolving digital economy, ensuring that HBCUs remain at the forefront of innovation in finance and technology.

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Source: thefintechtimes.com

The post Ripple Renews Partnership With Morgan State University to Support Blockchain Innovators Across HBCUs appeared first on HIPTHER Alerts.

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Blockchain

Bybit Expands bbSOL Yield Opportunities Through Strategic DeFi Partnerships

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This Week in Finance News: 11 Stories You Need to See

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With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.

The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.

  1. Prosperity or catastrophe: #Insurance2040 study reveals four possible futures for the industry
    By 2040, technological innovation driven by customer centricity could pave the way to greater climate resilience and more personalized offerings by the insurance industry. Alternatively, insurance could become a luxury afforded only to the wealthiest few.
  2. Cardinal Health announces two strategic additions to its portfolio
    Cardinal Health will acquire a majority stake in GI Alliance (GIA), the country’s leading gastroenterology (GI) management services organization (MSO), from a combination of GIA physician owners and funds managed by affiliates of Apollo. Cardinal Health will also acquire the Advanced Diabetes Supply Group (ADSG), one of the country’s leading diabetic medical supplies providers, for approximately $1.1 billion in cash.
  3. BlackRock Launches New BUIDL Share Classes Across Multiple Blockchains to Expand Access and Potential of BUIDL Ecosystem
    This initiative represents the next step in the evolution of the tokenization market, by enabling BUIDL to be used within leading blockchain-based financial products and infrastructure across ecosystems.
  4. Primo Brands Corporation Announces Successful Completion of Merger of Primo Water and BlueTriton Brands
    “I believe Primo Brands is positioned to be a leader in the healthy hydration beverage category, thanks to the strength of its iconic, sustainably-sourced brands, its robust operations and extensive North American network, and its responsible operation of numerous springs across the country,” said Dean Metropoulos, Non-Executive Chairman of the Board of Directors of Primo Brands.
  5. Jackson Hewitt Tax Services Expands Workforce, Offering Job Opportunities Nationwide for Upcoming Tax Filing Season
    The week-long event will launch the combined hiring of 18,000 employees to prepare for the upcoming tax filing season. The Jackson Hewitt hiring events are open to the public and include on-site interviews. Qualified candidates could receive a job offer immediately.
  6. PNC Bank to Double Planned Branch Openings to More Than 200 Across Six States This announcement brings the bank’s total investment to approximately $1.5 billion to open more than 200 new branch locations in 12 cities across the U.S. over the next five years, while completing the renovations of 1,400 existing branches during the same time period.
  7. Alchemy Pay Expands Virtual Card Functionality with Google Pay Support The new card BINs added will significantly enhance the capabilities of crypto cards, expanding their support for a broader range of payment scenarios and improving transaction success rates. This advancement is particularly impactful when paired with Google Pay, one of the most popular and widely used digital payment platforms, trusted by millions for its convenience and security.
  8. Finaya Unveils Nationwide Homeownership Platform
    From providing rich and current information about home values and property conditions, to finding helpful repair and remodeling providers, to shopping for and securing the right insurance, the platform simplifies the homeownership process, making it more accessible, convenient and efficient.
  9. GenAI predicted to inspire revenue growth in 76% of businesses, but only 4% qualify as “leaders” in AI and analytics
    Kearney’s report confirms that businesses are not only aware of how big data, AI, and analytics will impact revenue generation and enhance business strategies, but they are investing to stay ahead of the curve, too.
  10. GameAbove Sports Acquires Meaningful Ownership Stake in Brisbane Bullets with NBA Legend George Gervin as Part of Ownership Team
    This move marks a significant milestone for GameAbove Sports, a CapStone Holdings Inc. company, as it expands its influence on international basketball ahead of the Brisbane 2032 Olympics.
  11. Most US shoppers are encountering generative AI while shopping without realizing it
    A survey of 700 online shoppers in the US shows 71% are unaware of having used generative AI while shopping online even though most had recently shopped at retailers currently using it. 41% of customers say they would feel comfortable using a generative AI tool from a brand they trust.

For more news like this, check out all of the latest finance-related releases from PR Newswire.

Do you have a finance press release to distribute? Sign up with PR Newswire to share your story with the audiences who matter most.

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Helping Journalists Stay Up to Date on Industry News

These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists.

Once they’re signed up, reporters, bloggers, and freelancers have access to the following free features:

  • Customization: Users can create customized newsfeeds that will deliver relevant news right to their inbox. Newsfeed results can be targeted by keywords, industry, subject, geography, and more.
  • Photos and Videos: Thousands of multimedia assets are available to download and include in a journalist or blogger’s next story.
  • Subject Matter Experts: Journalists will have access to ProfNet, a database of industry experts to connect with as sources or for quotes in their articles.
  • Related Resources: Our journalist- and blogger-focused blog, Beyond Bylines, features regular media news roundups, writing tips, upcoming events, and more.

The post This Week in Finance News: 11 Stories You Need to See appeared first on .

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Blockchain

Fintech as a Service Market: A Comprehensive Trends Analysis Predicts a USD 1,329.12 Billion by 2032 CAGR: 17.4% | PMR

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