In conjunction with some of the world’s biggest banking institutions and commercial firms, the University of Cambridge is establishing a new project geared towards cryptocurrency research. The Cambridge Centre for Alternative Finance, or CCAF, stated that it has established a research effort aimed at providing further insights into the fast increasing digital asset business.
The Cambridge Digital Assets Programme, or CDAP, is a public-private partnership involving 16 organisations, including the Bank for International Settlements Innovation Hub and the International Monetary Fund. Banks like Goldman Sachs, financial behemoths like Mastercard and Visa, and big exchange-traded fund providers like Invesco are also part of the programme. British International Investment, Dubai International Financial Center, Ernst & Young, Fidelity, the Foreign, Commonwealth and Development Office of the United Kingdom, Inter-American Development Bank etc. are among the other participants.
The CDAP’s major purpose is to encourage evidence-based public debate about the advantages and disadvantages of cryptocurrency adoption. The programme will focus on three primary areas: the environmental consequences of crypto, infrastructure, and digital assets, such as stablecoins, central bank digital currencies, and cryptocurrencies.
I wonder when Indian Universities will also start research projects based on crypto.
