Friday, July 31, 2015

US Government Awards $3 Million to Research Cryptocurrencies

The outline for the grant is overly specific, aimed at candidates who will be able to help define a "rigorous scientific foundation" for cryptocurrency. Six researchers from three universities will be claiming it. Cornell, University of Maryland, and UC Berkeley all have researchers involved. The researchers will reportedly focus on smart contracts. The National Science Foundation has made other awards focusing on cryptocurrency in the past. One such project was called "Addressing the challenges of cryptocurrencies: Security, anonymity, stability." The government awarded $500,000 for that project. Now the researchers will be working with a combined total of $3 million. The […]

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