BitMart Exchange, a premier global digital asset trading platform, recently announced their strategic partnership with The State University of New York at Stony Brook (AKA Stony Brook University). By partnering with one of the leading research institutions in the U.S., BitMart aims to bridge the gap between blockchain technology and higher education.
“The blockchain industry is still at an early stage where numerous issues and limitations exist, such as hardware wallet theft, exchange scams, fake ICOs and cloud mining schemes, etc,” said Sheldon Xia, Founder & CEO of BitMart. “The true reason behind this phenomenon is the lack of experts in the industry who really understand the various aspects of blockchain. However, we’re determined to change that.”
Founded in 1957, Stony Brook University (SBU) is one of only 10 universities countrywide recognized by the National Science Foundation for integrating research with undergraduate education. In addition, it is a member of the prestigious Association of American Universities (AAU), an invitation-only organization of the top 63 research universities in the U.S. In the past three years, two Nobel Prizes were awarded to professors at SBU due to their remarkable accomplishments in scientific research.
With SBU’s cutting-edge education resources and BitMart’s rich industry experience, this partnership will undoubtedly write a new era for blockchain education and serve as an example to motivate more innovative collaborations. The cooperation will cover the following aspects.
- Put Real-life Business into Codes
According to an online estimate, the number of jobs related to blockchain technology has increased by 200% in 2017, and has grown by more than 600% since 2015. Clearly, a sea change is occurring. However, there aren’t many traditional four-year degree programs offering courses on the subject since blockchain is an evolving technology with short history and is best learned by doing. Therefore, in view of this cooperation, BitMart will integrate its real-life business experience into SBU courses, providing hands-on case studies and guiding students to understand real-world needs.
- Cultivate Interdisciplinary Talents
Blockchain is fundamentally an interdisciplinary field and it doesn’t fall cleanly into buckets of law, engineering or finance. Therefore, the key to bridge the demand gap for blockchain education is to enhance interdisciplinary studies. In particular, BitMart will cooperate with professors at SBU in using new technologies to realize the reform of teaching mode and the design of innovative courses. The key is to develop students’ ability of knowledge integration by offering diverse courses.
- Host Blockchain Lectures and Seminars
In order to keep up with the rapidly changing field, a blockchain association will be established to promote lectures, academic seminars as well as blockchain hackathons. Cryptographic approaches, collective decision making processes, and data organization systems are all constantly evolving and they need to stay connected with the problems that developers, entrepreneurs, and researchers are actively working on. Lectures and seminars are perfect formats for students to stay up-to-date by closely interacting with industry professionals.
- Understand the Industry from the Compliance Perspective
The industry bubble has pushed regulators to issue a series of guidelines and restrictions. With a powerful legal team and multiple prestigious law firm partners, BitMart has always been at the forefront of the industry in the matter of legal compliance. In the future, BitMart will utilize its expertise in different jurisdictions to help SBU students better understand compliance policy as well as the possible changes in the ever-evolving industry.
“Universities produce research on blockchain that everyone benefits from because it is trustworthy, reliable, and free from conflicts of interest” said Sheldon. “We are very delighted to partner with Stony Brook University as we could move the industry forward together by integrating our real-world business experience with SBU’s unique education resources.”
BitMart Exchange is a premier global digital asset trading platform in the cryptocurrency market with over 540,000 users worldwide. It ranked among the top 10 crypto exchanges on CoinMarketCap. Headquartered in the Cayman Islands with branch offices in New York, China, South Korea and Hong Kong, BitMart currently offers 155 trading pairs with daily trading volume ranges from $70,000,000 to $150,000,000 USD. BitMart Exchange U.S. office was officially registered as a money service business (MSB). This ensures BitMart can perform crypto-to-crypto trading in most U.S. states and territories. BitMart recently launched – BitMart Labs, an international blockchain incubation platform, to facilitate the development of innovative blockchain projects.