Ripple Donates $50 Million to Universities: In May 2018, Ripple donated $4M to the Ellen Wildlife Fund. The crypto and payments startup did so with the help of actor Ashton Kutcher. Now, it’s June of 2018, and we have seen yet another donation come from the hands of Ripple. This time, however, the sum is more than $4 million. In fact, there is a $46M difference between this donation and Ripple’s donation to the Ellen Wildlife Fund.
The extra money is worth it, though. Saving the Gorillas is very, very important, but so is educating University students on all that is cryptocurrency and blockchain. Why is that? Because this is the demographic that will be working in these fields in years to come. Therefore, there should be less of an emphasis on teaching Baby Boomers, and more of an emphasis on educating Millenials. Ripple understands that.
Ripple Donates $50 Million to Universities
It’s recognized that there is a growing interest in blockchain technology. In fact, China Central Television said yesterday that blockchain has the ability to become 10x “more valuable than the Internet.” However, attracting people to the blockchain sector is not the problem. The problem is keeping those in the sector safe.
In order to do so, people need to be educated on the technology. That’s one of the reasons why Ripple has created the University Blockchain Research Initiative. Essentially, Ripple wants University students to learn the ropes of blockchain and crypto so that when they graduate, they can safely enter that workforce.
Moreover, Ripple says there is a high demand for blockchain jobs. This is true, but many forget that those applying to those jobs will be Millenials, fresh out of University. If this demographic is