Turkey has followed a host of other countries like the United States and Brazil by institutionalizing its first ever university-level blockchain center. With technology at the forefront of Turkey’s agenda, the deployment of Blockchain would be closing yet another gap and ensuring its positive development.

According to a Turkish news outlet, Daily Sabah, the Istanbul Blockchain and Innovation Center (Blockchain IST Center) was inaugurated at Bahçeşehir University (BAU). Bora Erdamar, who is the center’s director has high hopes for the new development, and he believes the Istanbul Blockchain and Innovation Center is set to be “the most important center of research, development, and innovation in Turkey in which scientific studies and publications are made in blockchain technologies.”

The blockchain technology would not be limited to the university, at least in terms of impact as Erdamar predicts Turkey would soon become the leading country in a technology that is bound to “transform humanity.” Blockchain IST would be collaborating and researching with a host of other influential establishments as Eradmar did not fail to stress the importance of cooperating with other important educational establishments, and government institutions. This, according to him, would ensure efficient and proper blockchain research, cutting out limits as much as possible.

Blockchain in Universities

The Bahçeşehir University (BAU) would not be the first to take the crucial step though as a few other universities outside of Turkey and around the world have already latched onto the benefits and potential in Blockchain technology and had even started offering courses strictly tailored to cryptocurrency.

The famous Stanford University, in California, United States, did also establish the Center for Blockchain Research this year. CEBR, which was founded to harness Blockchain on all levels, is financially supported by Buterin’s Ethereum Foundation.

Ethereum has not been the only cryptocurrency foundation interested in education, as Ripple also remarkably donated $50 million to a total of 17 universities in the world that are invested in distributed ledger technology and cryptocurrencies.

This, of course, continues the welcome curve of many governments in the world now considering the potential of Blockchain technology for the future.