TLDR:
- Ripple provided $ 1.3 million in Stablecoin to finance UC Berkeley’s new center for digital assets and blockchain research.
- The center will study blockchain, digital twin technologies and valuation methods for real and digital assets.
- UC Berkeley and Ripple are expanding their seven-year partnership with a new accelerator for XRPL blockchain startups.
- The center will support research, education and digital asset innovation while nourishing global academic and industry the bands.
Ripple And UC Berkeley has come together to drive digital assets to a new chapter.
University University for Technique Opens a center for digital assets, with the support of Ripple’s contribution of $ 1.3 million. The new plant aims to explore blockchain technology and digital twin models that can change how value is tracked and exchanged.
Researchers will study how digital content, which is now produced on an unprecedented scale, can be classified and treated as assets. This movement is based on Ripple’s ongoing university partnership while introducing a new innovation platform.
Ripples $ 1.3 million crypto gift fuels Berkeley’s research plans
According to a university drop, Ripples University Blockchain Research Initiative funded the center of $ 1.3 million in Ripple USD. The StableCoin contribution will support a wide range of projects that extend over blockchain and asset digitization.
UC Berkeley researcher said that the assignment will focus on reliable methods for defining and measuring asset value.
Tarek Zohdi, faculty director of the new center, explained that digital content has long been part of the economies but lacked consistent valuation standards. Center intends to build frames for understanding digital assets and their exchange.
The efforts will include creating digital twins of physical objects such as crops, machines and even whole supply chains.
Ripple’s partnership extends beyond financing. The company’s engineers will collaborate with the Berkeley Faculty on joint projects.
The goal is to produce open source technology that strengthens the wider blockchain ecosystem. This is based on a seven -year partnership between the company and the university.
Crypto and price innovation through digital twin technology
Research at the Center for Digital Assets will extend over several industries. For example, digital models of crops can provide farmers with new tools to secure credit.
Digital twins of machines and industrial equipment can help buyers and sellers negotiate prices with more openness. The center expects these applications to reduce the inefficiency while opening the opportunities for more accurate trade.
Ripple and Berkeley also launch Berkeley Digital Asset Accelerator. The pilot program, which begins this month, will support start -ups Build on XRPL. Forty-six team applied for ten places, reflecting the demand for growth in blockchain projects.
The center will focus on three main areas: research and pilot projects, academic development and ecosystem growth. This includes expanding access to blockchain learning tools and building global contacts for research and industry collaboration.
Chancellor Rich Lyons said that the partnership strengthens Berkeley’s role in shaping future breakthroughs. Ripple representatives added that the center is based on many years of joint academic work. Both parties believe it will help define the future of digital ownership.
