Japanese Banking Giant, Others Donate $800K for Blockchain Course at University of Tokyo

The University of Tokyo will launch a blockchain course following a donation of nearly  $800,000 from several companies, including Japanese banking giant Sumitomo Mitsui (SMBC) and the Ethereum Foundation, Cointelegraph Japan reports Nov. 21.

The University of Tokyo will launch a blockchain course following a donation of nearly  $800,000 from several companies, including Japanese banking giant Sumitomo Mitsui (SMBC) and the Ethereum Foundation, Cointelegraph Japan reports Nov. 21.

In a Nov. 20 press release, SMBC lists five more contributors, apart from itself and the Ethereum Foundation, who contributed to the donation: Good Luck 3, JSS, Zipper, Hotto link, and Money Forward. The banking group does not disclose the details of 90 million yen donation, nor did it reveal the main contributor.

According to the press release, the education course, dubbed “Blockсhain Innovation Donation Course,” in the graduate school of engineering at the University of Tokyo will last three years: having begun Nov. 1, 2018, it will run until Oct. 31, 2021.

The course has been developed for students who aim to become blockchain-related entrepreneurs. It is focused on the development of decentralized solutions, their social implementation, and human resources. The module will combine lectures and practice, such as establishing an information and communications technologies (ICT) service or developing a blockchain-driven business model.

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