Bitcoin [BTC] related Coinbase study indicates an upcoming boost in cryptocurrency adoption

On 28th August, Coinbase, one of the leading cryptocurrency platforms in the world conducted a study on the scope of higher education in blockchain and cryptocurrency. The report reveals the elevating interest of the student population in the courses based on cryptocurrency and blockchain.

In the process of finding the statistics on higher education involving blockchain, Coinbase also ended up with data. For instance, students pursuing a major in a wide range of courses were observed to be inclined towards the industry and its integration in academics. This has led to the universities adding blockchain as a part of the studies in several departments.

This is not the first time that the student population is signaling the growth of a new idea. During the time when Facebook was still forming to be what it is today, it was the youth that was welcomed to experiment with the platform and slowly brought the social media platform to a widespread adoption.

The platform was able to conduct this survey by partnering with Qriously. Furthermore, a research conducted by Qriously assisted Coinbase in conducting its own research. In the study performed by Qriously, 675 US students were included in the survey. The survey thoroughly reviewed 50 international universities for its courses. The last straw of this study was fetching information through the interviews with students and professors.

Despite the research and the positive outcome, earlier this month, the Chief Executive Officer of Coinbase, Brian Armstrong stated that the commercial adoption of Bitcoin could take a fair amount of time.

Cornell University, situated in New York, is currently offering the maximum number of courses, including cryptocurrency, blockchain and cryptography. Regarding courses offered by Cornell, Coinbase also wrote in its research:

“The 28 courses include “Anthropology of Money” and “Introduction to Blockchains, Cryptocurrencies, and Smart Contracts,” which covers the cryptocurrency bitcoin and “the technological landscape it has inspired and catalyzed,” according to the course description”

The study has also pulled out some of the other significant conclusions. According to Coinbase, at least one class on blockchain and related subjects is offered by the 42% of the top 50 universities in the world.

One of the biggest universities, Stanford set up its Center for Blockchain Research just this summer. A professor of computer science and electrical engineering, Dan Boneh stated that spending time with new teams helps him in gathering new ideas and subjects for research. He also said:

“There are new technical questions being raised by blockchain projects that we would not work on otherwise.”