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Stanford University's $4.5 million blockchain research hub by Input Output Global - YFarmX | Crypto News & Education
Saturday, December 21, 2024
HomeAltcoinsCardanoStanford University's $4.5 million blockchain research hub by Input Output Global

Stanford University’s $4.5 million blockchain research hub by Input Output Global

A blockchain research partnership has been announced between Input Output Global and Stanford University

The goal of Input Output Global, Inc. (IOG) is to develop high-assurance blockchain technologies through peer-reviewed academic research. Cardano‘s design principles and IOG’s novel products and services are underpinned by 130+ research papers the team has published across a variety of topics.

As part of their latest collaboration in blockchain research, they have funded a new $4.5m ‘Blockchain Research Hub’ at Stanford University.

A novel approach to blockchain research

Multifaceted benefits can be derived from blockchain technology. While this field is growing, recent incidents (such as bridge hacks, blockchain collapses, and regulatory threats) demonstrate the dangers of undertaking projects without extensive research.

Research that is peer-reviewed leads to more rapid growth, continuous improvement, and mainstream adoption of technology that is more secure.

Stanford’s new research hub brings together Stanford’s brightest minds from a variety of departments who aim to:

  • Answer fundamental/foundational questions about blockchain
  • Increase the amount of scientific knowledge collected by the blockchain industry
  • Encourage fundamental research in this emerging field

We’ve been dedicated to vigorous research since the inception of the\ business and our work forms the foundations on which Cardano has been\ built. Working with leading academic institutions like Stanford to set\ up these blockchain research hubs is key to our vision. With the\ Research Hub, blockchain development can grow even faster, based on\ the new learnings that will emerge, and the hub will add a new layer\ of validity to our sector that we haven’t always been afforded.”

Charles Hoskinson, CEO of IOG & Founder of Cardano

Research within the blockchain industry will be enhanced by collaboration between researchers in this ‘Blockchain Research Hub,’ which will adopt a multidisciplinary approach.

‘Blockchain Research Hub’

Research Hub proposals will be accepted beginning in September 2022, with proposals due by November 2022. A steering committee will oversee the Hub.

The committee is composed of:

  • David Tse (Committee Chair): Thomas Kailath and Guanghan Xu Professor of Engineering at Stanford University
  • Dan Boneh: Professor of Computer Science and Electrical Engineering at Stanford University.
  • Ashish Goel: Professor of Management Science and Engineering, and by courtesy, Computer Science at Stanford University
  • Andrew Hall: Professor of Political Economics in the Graduate School of Business, of Political Science and Senior Fellow at the Stanford Institute for Economic Policy Research
  • Laurie Simon Hodrick: Visiting Professor, Fellow at the Rock Center for Corporate Governance
  • John Mitchell: Mary and Gordon Crary Family Professor in the School of Engineering, and by courtesy, Professor of Electrical Engineering and of Education
  • Peter Gaži: Research Fellow at Input Output Global
  • Sandro Coretti Drayton: Research Fellow at Input Output Global

Advancing the state of the art in distributed ledger systems is\ essential for realizing the full potential of blockchain technology.\ This is what the Research Hub at Stanford is contributing to. Input\ Output is a pioneer in the blockchain space both in terms of producing\ as well as supporting foundational and applied research. Being able to\ give other academics the ability to undertake their own research means\ we can work together to make even greater progress.

Professor Aggelos Kiayias – Chief Scientist at Input Output Global and Professor at the University of Edinburgh

This partnership with Stanford – one of the world’s leading research and education institutions – represents a logical next step in the work started by IOG.

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