Royal Melbourne Tech Institute Creates Blockchain Hub

Education, FinTech, Group, Innovation, News | September 6, 2017 By:

The Royal Melbourne Institute of Technology (RMIT) has established a blockchain innovation hub. RMIT claims that the hub is the world’s first research center focused on the social science of blockchain.

Led by School of Economics, Finance and Marketing Professor Jason Potts, the RMIT Blockchain Innovation Hub will develop an interdisciplinary research team focused on the economic, cultural, and social implications and impacts of blockchain technologies; partner with industry to share research; ensure students are work-ready when they graduate; provide business solutions and advice; develop and implement policy and industry-relevant measures of the size and impact of the blockchain economy; engage with government, policymakers, stakeholders, and the public; and debate on the social and policy impact of blockchain technology.

“The RMIT Blockchain Innovation Hub is the only full-service, research, teaching and industry-linked blockchain body in the world,” said Professor Ian Palmer, Pro Vice-Chancellor Business and Vice-President. “This is an exciting new research strength for the College of Business and opens up exciting, new opportunities for Victorian and Australian industry.”

RMIT said the hub plans to offer a wide range of undergraduate, postgraduate, and micro-credential courses in the economics of the blockchain, cryptocurrencies, and blockchain applications, starting late 2017.

Founded in 1887, Royal Melbourne Institute of Technology is an Australian public research university located in Melbourne, Victoria. It initially opened as a private night school offering instruction in art, science and technology in response to the industrial revolution in Australia. It was made a public university by act of the Parliament of Victoria in 1992 after merging with the Phillip Institute of Technology.