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Cardano Foundation, a non-profit organization, has announced a three-year arrangement with the University of Zurich Blockchain Center to work together on research projects and investigate the future growth of education and academic research on Cardano's blockchain. [embed]https://twitter.com/CardanoStiftung/status/1511397139519180800?t=9OzVrsz9aClHM_lkKhqHJA&s=19[/embed]
Partnership Between Cardano Foundation & University Of Zurich to Drive Research in DLT Technologies
The Cardano Foundation hopes to develop a research collaboration that will benefit both parties. The Cardano Foundation will collaborate with the Blockchain and Distributed Ledger Technologies (BDLT) group at the University of Zurich over a three-year period, with the goal of advancing high-quality academic research in blockchain and distributed ledger technologies at the university level. According to Cardano Foundation CEO Frederik Gregaard, the agreement will allow the foundation to deliver critical information to the university with the goal of growing the institution's knowledge of the blockchain ecosystem and improving its understanding of Cardano, among other things. "Our collaboration with the University of Zurich will provide crucial insights to nurture the ecosystem and enhance understanding of Cardano. As blockchain moves from the margins to the mainstream, considerably more academic research is required to enhance understanding and, ultimately, bring about adoption," Gregaard said. "This is why we have even specifically called out education as a core goal of the Foundation for the year ahead," he continued.
Cardano Foundation's Concentration on Developing a Consensus Protocol
Using blockchain technology, the university's blockchain group will provide the Cardano Foundation with essential technologies that facilitate the development of Cardano, while also studying the economic activities taking place on the cryptocurrency's blockchain. This is expected to boost the rewards behind the consensus protocol, benefiting Cardano in the long run. The partnership will look at Cardano's protocol parameters from a variety of perspectives, including their effects on staking dynamics, the fundamental questions surrounding Cardano's security, scalability, and decentralization, as well as the decentralization of block production and the inclusion of long-term interested parties.