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University of Georgia Founded Blockchain Laboratory

”The University of Georgia” IT, Engineering and Mathematics school founded the Blockchain Lab. According to their explanation, this is a special environment, equipped with blockhain technologies working equipments.

“Innovation boom continues at the University of Georgia (UG), Blockchain is a revolutionary system that is considered the world’s most secure, stable and transparent network. It is a distributed database that is located on all computers participating in the blockchain network where the data is constantly updated. When recording new data each computer checks its accuracy. It is virtually impossible to change or delete the record in the blockchain “.

In UG Blockchein Lab student and any interested person will have the unique opportunity to solve practical tasks. In addition, Georgian and foreign mentors will conduct seminars, trainings and master classes in the laboratory that will help students increase knowledge in the direction of mentioned technology.

“IT, Engineering and Maths school offers the study of blockchain technology, which will facilitate the establishment of professionals and qualified staff in this field. The university plans to invent their own ICO, which will be the first precedent on the Georgian educational market.”

It is noteworthy that on February 2, “University of Georgia” blockchain laboratory signed a memorandum of cooperation with Association Blockchain Georgia and ISM -Blockchain Systems Institute. According to them, cooperation is aimed at increasing awareness and linking stakeholders with these technologies.