A new study conducted by the largest US digital currency exchange has shown that here is growing interest in studying blockchain and cryptocurrencies at universities.
According to the second annual Coinbase Report on Higher Education, 56% of the world’s top 50 universities currently offer at least one course on cryptocurrencies or their underlying technology. This marks an increase from last year’s 42%, the study shows.
Not surprisingly, computer science departments captured the largest share of classes on these subjects – 32.2%. However, finance, business and economics accounted for nearly 20% of all classes, while law departments also had a solid contribution of 10.7%.
To produce the report, Coinbase teamed up with Qriously, which conducted a survey among 735 US students aged 16 or older. The survey revealed that the courses attracted twice as many students as in 2018 – 18%, compared to 9% last year. In addition, 34% of respondents said that they would like to learn more about crypto, up from 28% in 2018.
Coinbase considered a number of factors to compile its first Leaders in Crypto Education list. Cornell University topped the list, beating MIT, New York University and Stanford, among others.
Cesare Fracassi, computer science professor who leads the Blockchain Initiative at the University of Texas at Austin McCombs School of Business (which ranked 13 on the 2019 Leaders in Crypto Education list), indicated that some students were driven to crypto by their mistrust of the current banking system.
“So they want to create an alternative system where the decision-making process isn’t centralized. Those are the more idealistic ones,” Fracassi said. “Others are maybe a little more pragmatic, and interested in ways this technology can be used to improve companies’ performance and efficiency.”
Featured image: Useacoin / Shutterstock.com