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Morgan State University in Baltimore has secured a significant $1.05 million grant from Ripple to enhance its National FinTech Center. This investment, announced on Tuesday, aims to spearhead cutting-edge research integrating blockchain with technologies like artificial intelligence and machine learning. The center has become a pivotal blockchain research hub, empowering students to delve into digital assets, blockchain technology, and innovative payment systems.
Founded in 2019, the partnership between Ripple and Morgan State under the University Blockchain Research Initiative (UBRI) has been instrumental in promoting crypto-focused educational and research programs. The UBRI, launched by Ripple in 2018, collaborates with global academic leaders, including Stanford and Korea University, to foster blockchain innovation.
Ali Emdad, the founding director of the center, highlighted the investment’s role in positioning Morgan State University at the forefront of the fintech revolution. This initiative reflects Ripple’s ongoing commitment to nurturing future fintech leaders and expanding blockchain research and education.
