RMIT moves way beyond the bitcoin

The university has created a new research and teaching blockchain hub

Economist Jason Potts and RMIT colleagues have launched an on-line resource for the study of blockchains; how they can work, what they can do and how they will change the way the exchange systems function, plus “democratic and political applications of blockchain technologies, and understanding the social and philosophical implications of blockchain applications.”

“Blockchain has the potential to automate, and disintermediate, the institutions and services that underpin our lives. It could change how we interact online, who controls our information, and shift the incentives that guide businesses and cooperative systems,” the hub’s creators state.

The team also promises; “a wide range of undergraduate, postgraduate, and microcredential courses in the economics of the blockchain, cryptocurrencies, and blockchain applications,” with announcements later this year.

This is a super-smart move. Giving RMIT, as far as CMM knows, first- mover Australian advantage in teaching and research for a new discipline with the power to transform the way the world does business, exchanges value and keeps records, way beyond Bitcoin and following crypto-currencies.