The University of Kansas Receives $2M Donation for Crypto Technology

The University of Kansas has recently received $2 million worth of donation from the Silicon Valley to support the cryptocurrency and digital payments research related. The University of Kansas then explained that the donations received from Ripple will go to the Information and Telecommunication Technology Center at the Kansas School of Engineering and provide $400k each year.

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The University of Kansas Receives $2M Donation for Crypto Technology

A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.

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