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Cryptocurrency is expanding its area larger than ever. From trading to daily transactions, digital currencies are capturing positions at present in the lives of people. Similar is the case of a university named Bentley, which is present in Massachusetts in the US. They are proceeding to become partners with Coinbase to make this happen. People should read news about bitcoin and other cryptos, how it has gained worldwide popularity and made headways in the world’s traditional financial system, and know if bitcoin is the future of finance.
As a form of tuition fees, the institute will now accept payment in the form of digital currencies. The University has been making, is on its way to a partnership with the leading cryptocurrency exchange, Coinbase.
The institute will accept their fees in various digital currencies like Ethereum, Bitcoin, and USDC for the time being.
Benefits Of This Step
With this step, Bentley and its students will face this benefits:
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The University is now the first and only University in the entire country which is ready to approve crypto payments for their fees.
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Apart from fees, you can also make donations and provide gifts to the institute in the three main cryptocurrencies.
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The students will learn about this aspect in a better way.
The President of Bentley believes that this will be very helpful for their students. They will get good knowledge about the technology.
Also, this will help them to work in a better place with more ideas about this technique.
The University And Digital Currencies
We cannot deny the important role of Cryptocurrency in today's world. These digital currencies are major forces that are leading to new businesses, payment of salaries, tracking of payments, and many more such things.
Most of the people in the US are trading on Crypto and the market of digital currencies is capturing a huge position. To grow with all these and provide the students with the knowledge of advanced technology, the institute is opting for this step.
Bentley will develop good leaders in business with proper skills and ideas. With this, they can adjust to the changing economy of the world. These factors are motivations for the institute in building this system.
Development Of The Association
The association for Blockchain technology in the University is a result of the innovative idea of a student itself.
Alex Kim, who is a student of Bentley, has been interesting in Crypto trading for a very long time. His investments in the field are from when he was in High school.
And, as a result of the benefits of digital currencies and his interest in them, Kim started working on the development of an association.
And, with huge success, one of the major Blockchain associations which are led by students is present now.
After the creation of this Association, the group now has around 257 members in a matter of a few months. This growth shows the interests of the students in this field. And they are curious to learn more about it and the Crypto investments.
The developer of this association and the main person behind it, Kim will produce his speech at an important event in the world, where the major focus is NFTs and their growth.
Also, he says that this technology is very important and will help in the growth of the sectors and the industries where Blockchain technology is working.
Courses And Ideas
Bentley is the first of its kind to opt for this step. Also, the students are showing more interest in digital currencies than ever. So, to help them with this, this aspect is a good step.
Because of the urge of the students of the University, it will launch a fresh course on Crypto Finance alone. This course will focus on providing the proper idea to the students about the applications of Blockchain and financial decentralization.
Also, in the previous year, Bentley's celebrated an event in the honor of their basketball's former coach by creating NFTs. This step is very new and innovative. With this, this University is also the first one to release NFTs.
Conclusion
Bentley University can be a good choice for you if you want to gather a good amount of ideas on financing Crypto and other similar aspects.
This institute has decent courses that can help various students in gathering proper knowledge. Also, the collection of fees in digital currencies is a good step as it will make you understand how Crypto works in the real world.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.