THELOGICALINDIAN - The all-embracing business academy ESMT Berlin has aloof appear it will be accepting bitcoin for charge and amount acceptance The academy will be the aboriginal German University to acquire cryptocurrency as payment
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ESMT Berlin Accepting Bitcoin a ‘Logical Consequence of Digitalization’
ESMT Berlin is a arch business academy in Germany that offers MBA accreditation, PhDs, and master’s degrees. The clandestine university, amid in Berlin, has been able-bodied accustomed for 14 years. Now the academy will be accepting bitcoin for all of its apprenticeship programs. The university abundant that agenda currencies action money transfers after the charge for third-party intermediaries.
“Integrating bitcoin as a accustomed adjustment of acquittal is a analytic aftereffect of digitalization,” explains Georg Garlichs, CFO of ESMT. “Especially for all-embracing affairs from countries after a well-functioning cyberbanking system, the agenda bill offers abundant advantages through the immediate, about free-of-charge transfer. This makes bitcoins adorable to us as a agency of accustomed payment.”
German Interest in Cryptocurrency & Blockchain Grows
Germany has been absolutely agog appear researching and developing basic bill and blockchain solutions. ESMT Berlin has a ample ambit of studies apropos blockchain addition and what it means for business and society. Furthermore, a few added schools in Germany accept been researching the blockchain accountable as able-bodied such as Frankfurt School of Finance & Management. ESMT Berlin describes Bitcoin as the “most well-developed blockchain application.”
“In accession to abbreviation transaction costs and accouterment P2P marketplaces, blockchain additionally facilitates alone business of claimed data,” capacity 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.”
Other Universities See Potential in Bitcoin
A few added universities common additionally acquire Bitcoin for casework for charge and supplies. The better academy in Cyprus the University of Nicosia was the aboriginal academy to acquire bitcoin aback in 2013. Added universities who acquire the cryptocurrency accommodate the University of Cumbria, King’s College in New York, and others. In Boston, you can use the decentralized bill at Massachusetts Institute of Technology (MIT) COOP abundance for textbooks and academy supplies.
ESMT Berlin will accompany the account of accepted schools common that see a approaching with Bitcoin’s addition and technology. Hopefully, these universities atom added bookish absorption in cryptocurrency solutions.
What do you anticipate about ESMT Berlin accepting Bitcoin for academy services? Let us apperceive in the comments below.
Images address of Shutterstock, and ESMT Berlin
Do you appetite to allocution about bitcoin in a adequate (and censorship-free) environment? Check out the Bitcoin.com Forums — all the big players in Bitcoin accept acquaint there, and we acceptable all opinions.
