THELOGICALINDIAN - ESMT University in Berlin has become the aboriginal German university to acquire bitcoin as acquittal for charge and more
Also read: VIETNAM PLANS TO REGULATE BITCOIN AS CURRENT LAWS ‘FALL SHORT’
ESMT Berlin: First German University to Accept Bitcoin
The European School of Management and Technology in Berlin has become the aboriginal German university to acquire basic bill Bitcoin as a agency of acquittal for tuition, decidedly its amount and controlling apprenticeship programs.
“Bitcoins can now be acclimated for all payments to the ESMT,” the press release states. “The agenda banknote makes it possible, as it were, to accelerate SMS after the captivation of a coffer common aural a few minutes.”
The university describes Bitcoin as “a decentralized basic peer-to-peer currency.” Georg Garlichs, CFO of ESMT states:
Garlichs additionally addendum that this new agency of acquittal will be abnormally advantageous for acceptance who are from countries after a reliable cyberbanking system. Using bitcoin will action them an “immediate, about free-of-charge transfer,” he adds.
“In accession to abbreviation transaction costs and accouterment P2P marketplaces, blockchain additionally facilitates alone business of claimed data,” explains Christoph Burger, blockchain able at ESMT. “This is a affection that offers the abstracts buyer an bigger position back negotiating with the users of data, abnormally in the age of big data.”
ESMT Berlin was founded by 25 arch all-around companies and institutions including Siemens and Big Four accountant KPMG. The all-embracing business academy offers a full-time MBA, an controlling MBA, a master’s in management, as able-bodied as accessible acceptance and customized controlling apprenticeship programs.
Growing List of Bitcoin-Friendly Universities
The advertisement adds to the account of Bitcoin-friendly universities worldwide. An accretion cardinal of institutions acquire either launched cryptocurrency-related courses or acquire bitcoin for charge and added payments.
The trend was spearheaded by Cyprus-based University of Nicosia in 2013, which not alone accepts the basic currency, but additionally offers a Masters Degree in Digital Currencies.
Some added universities accepting bitcoin include:
Meanwhile, some top-tier institutions accept been providing cryptocurrency and blockchain-related courses in the US back 2014. New York University, Duke University, Princeton, MIT, and Stanford are aloof some of the big names offering in-class and online cryptocurrency courses.
The all-embracing trend is no surprise, however, as the world’s arch colleges are gearing up to basic their acceptance for the “future of money.” Back in June, the University of Cambridge acknowledged the charge for blockchain apprenticeship amidst growing interest.
“For added than two years, I accept apparent ‘tremendous’ absorption from companies absent to apprentice added about the blockchain. I accept been alleged in to advise admiral artlessly about Bitcoin and added basic currencies […],” Cambridge University’s Garrick Hileman stated. “At the aforementioned time, abounding bodies are still aggravating to accept the basics of this confusing technology.”
Will all universities eventually acquire bitcoin as payment? Let us apperceive your anticipation in the comments below!
Images address of finance-magazin.de, ifm.biz, digitaljournal.com
