Wharton accepts crypto funds for blockchain program tuition charges
Crypto adoption scores one other win with the Ivy League University of Pennsylvania, however there’s a catch.
The Wharton School, one of many premier enterprise colleges within the United States, will accept Bitcoin (BTC) and different types of cryptocurrencies for tuition charges, Bloomberg studies. However, the adoption is proscribed to its new on-line blockchain and digital property program scheduled to start out in January.
Titled Economics of Blockchain and Digital Assets, the six-week program prices $3,800, and the college expects to draw 1000’s of scholars every year. The Wharton School will use Coinbase Commerce, the e-commerce platform of the United States-based crypto exchange, to simply accept crypto funds.
Wharton is presently providing an introductory class to crypto and blockchain by way of the net schooling platform Coursera, which is a part of a extra in depth course about monetary applied sciences or fintech.
Related: Anyone who research Bitcoin finally ends up investing in it, says Scaramucci
The enterprise faculty made information earlier this yr when it acquired a beneficiant $5 million present in Bitcoin. An nameless benefactor gifted $5 million, roughly translated to 118 BTC, in May. The Wharton School reportedly exchanged the donation to fiat instantly, which might be price greater than $7 million at at the moment’s Bitcoin worth.
As Cointelegraph reported, the World Economic Forum not too long ago partnered with the Blockchain and Digital Asset Project on the Wharton School. Led by Professor Kevin Werbach, the undertaking goals to deal with the enterprise and regulatory elements of distributed ledger know-how.