.Ripple UBRI initiatives hit important growth milestones
According to the update, the academic research initiative featuring blockchain technology has seen 590 fellowships and scholarships awarded while supporting the publication of over 1,000 research articles and presentations. The UBRI program is now active on six continents around the world.
Ripple Labs started as a predominantly blockchain payments start-up but it has expanded and diversified over the years as it recorded remarkable growth. The UBRI is one of the core ways to give back to the public while also investing resources into the evolution of emerging technology. Ripple believes that the adoption of blockchain in the near future is imminent and it is confident that functional research will play a crucial role in this push. The firm confirmed that with its involvement in the UBRI, a number of high-profile universities have rolled out their blockchain and Web 3.0-focused programs already.
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