A New Direction for Blockchain Research
The Royal Melbourne Institute of Technology will restructure its Blockchain Innovation Hub into a generalized research group within the finance school by 2025. The shift aims to streamline resources and bolster student learning, signaling a strategic pivot from specialized blockchain research.
Staff and Industry Reactions
The Hub, once celebrated as a blockchain research leader since its 2017 inception, has faced difficulties in maintaining funding and output. Staff concerns about balancing teaching with research highlight fears of diminished focus on blockchain innovation, especially amid the technology’s rising prominence.
Broader Implications
Bitcoin’s surge past $100,000 underscores blockchain’s growing relevance, making RMIT’s restructuring decision a contentious topic. Critics question whether the university risks losing its pioneering status in this transformative field.
