A research by Coinbase shows that 56% of the top 50 universities in the world offer one or more classes on cryptocurrency or blockchain tech, up from 42 percent in 2018. 34 percent of students surveyed expressed interest in taking a course on crypto or blockchain, compared to 28 percent in 2018. Moreover, twice as many students (18 percent) report having taken a class on the topic, compared to the number from 2018.
Unlike many other new technologies, blockchain has quickly shown its potential to reshape multiple academic and professional disciplines: computer science, legal, economics, finance, social science, etc. As students from a wider and wider cross-section of majors express interest in learning about the burgeoning field, some of the world’s best universities are exploring how they can meet surging demand to sate curiosity about the technology and set their graduates up for success.
“The blockchain domain’s interdisciplinary nature makes it very different from any traditional field”, notes University of California Berkeley computer science professor Dawn Song. And so at schools around the world, legal scholars are grappling with ethics and regulatory structures, economists are exploring the potential of borderless currency, computer scientists are building new applications, and social scientists are looking at the overall impact on society.
All of which is reflected in the Cornell Blockchain club. “There’s a ton of interest from the business school, the hotel management school, the medical school, even the agriculture school”, says Ferrera, who himself graduated from Cornell’s School of Hotel Administration this spring and is working as the business manager of Ava Labs, a startup founded by Cornell’s Sirer working to explore decentralized, blockchain-based payment technology. “We’ve had so many professors reach out to learn more about blockchain and see how it applies to their field. It’s really cool to be part of a community where there’s so much engagement.”
At least one blockchain course at top global universities
In 2019, 56 percent of the top global universities now offer at least one course on crypto or blockchain, compared to 42 percent in 2018. Coinbase’s research (more details can be found here) says that computer science classes still are the most common, accounting for 32.2 percent. But finance, business, and economics classes collectively tally 19.8 percent, and law-school classes add another 10.7 percent. Uniting the top 10 schools on the list – which in the U.S. include MIT, New York University, Stanford, and the University of California-Berkeley – is a deep commitment to crypto and blockchain at both the student and faculty level. Cornell offers 14 classes on cryptocurrency and/or blockchain (up from 9 in 2018) and its IC3 group brings together researchers from top universities around the world. Last year, Stanford held the mantle of teaching the largest number of courses on crypto and blockchain (10), followed by Cornell (9) and University of Pennsylvania (6). In 2019, Stanford is offering 8 courses and University of Pennsylvania is offering two.
Growing student interest
Among students, distrust in the current financial system is feeding an increasing curiosity around blockchain. Two-thirds of students describe the current financial system as unstable, inefficient, unequal or slow-moving, according to the survey commissioned by Coinbase and conducted by Qriously amongst 735 U.S. students aged 16 and older. 34 percent of students surveyed expressed interest in taking a course on crypto or blockchain, compared to 28 percent in 2018. And twice as many (18 percent) report having taken a class on the topic, compared to the number reported from 2018. Interest in learning about blockchain and “social justice” rose from 13 percent to 20 percent between 2018 and 2019. Meanwhile, student interest in learning about “security” and “future applications and growth” both declined in the past year, from 37 percent to 29 percent and from 31 percent to 27 percent.
“Definitely, some of the students interested in this topic are ones who feel mistrustful of the current banking system”, says computer science professor Cesare Fracassi, who leads the Blockchain Initiative at the University of Texas at Austin McCombs School of Business. “So they want to create an alternative system where the decision-making process isn’t centralized. Those are the more idealistic ones. Others are maybe a little more pragmatic, and interested in ways this technology can be used to improve companies’ performance and efficiency.”
Blockchain courses at Modex Academy
An early promoter of blockchain technology, Modex aims to spearhead its adoption and integration not only in the business environment, but in the society as a whole. Whether you are looking for a Blockchain Analyst certification or you would like to validate your blockchain developer skills using our certification, Modex Academy provides the highest quality courses for your needs. Curated by our experts, these courses help you understand the foundation of blockchain technology and the opportunities it brings. The course has been purposely designed to target individuals with no background in programming, it has a step-by-step approach and it strives to make blockchain understandable for anyone.
After completing the course, you will be able to analyze and determine how to best apply this groundbreaking technology in order to streamline operations and increase productivity in your businesses. Our “Technology info” provides a comprehensive understanding of what blockchain is and how it works so you can broaden your tech horizon even further. Since the demand for blockchain skills is growing at the second fastest rate of any IT skill set, we also explain the terms related to blockchain.
Blockchain company Modex is promoting the adoption of blockchain technology and strongly believes in a future built around blockchain. Modex offers fully integrated services designed to solve the last mile adoption problem of the blockchain and aims to make blockchain user-friendly for every single device or person. At Modex, we can innovate thanks to our incredible team of experts and we offer services for the entire blockchain technology ecosystem: Marketplace for Smart Contracts, community tools for developers and blockchain as database services for enterprises. In over two years, using cutting-edge technologies and with a clear strategy, Modex has evolved from the world’s first app store for blockchain into a complex ecosystem designed for developers’ needs and enterprises looking for blockchain solutions. Our mission is to spread and facilitate the adoption of blockchain into society and to solve real-world problems using this revolutionary technology.