National Chengchi University (NCCU) on Thursday signed a memorandum of understanding (MOU) on “Web3” talent development with cryptocurrency exchange Binance.
The MOU symbolizes the official start of cooperation between the two sides on blockchain education and research, they said.
“Web3” is viewed as one possible new iteration of the Internet to replace the current “Web 2.0” dominated by large tech companies.
Photo courtesy of National Chengchi University
People building Web3 envision a decentralized Internet with greater personal ownership over content through blockchain technology and cryptocurrencies.
NCCU president Li Tsai-yen (李蔡彥) and Damien Ho, a representative from Binance’s global partnerships division, presided over the signing ceremony at the university in Taipei.
According to the MOU, NCCU and Binance hope to prepare students for future careers in Web3 through online learning resources, internships, curriculum design, workshops and joint research.
The two sides discussed cooperation in fields including blockchain, Web3, non-fungible tokens and financial technology, they said.
As blockchain technology becomes more developed, demand for Web3 specialists will grow, Li said.
NCCU has developed considerable experience in information technology fields, he said, adding that he hoped this collaboration between industry and academia would provide students the highest-quality classes to develop cross-disciplinary skills.
Chen Kung (陳恭), deputy director of the Fintech Research Center at NCCU, said blockchain applications are an integral part of the digitization trend.
By combining NCCU’s unique areas of expertise with Binance’s experience, this new partnership would bring untold benefits to Taiwan’s fintech industry, he added.
The crypto and blockchain industries are facing a talent shortage and lack of general understanding, Ho said.
Binance can provide practical applications for NCCU’s diverse pool of talent to enhance their understanding of cryptocurrencies, he said.
The company is working with universities to cultivate talent in the field, including in compliance and regulatory mechanisms, to propel the industry into the next phase and develop a sound financial ecosystem, he said.
The Binance University Outreach Program through the Binance Academy has more than 100 partners worldwide, including Harvard University, the Massachusetts Institute of Technology and Stanford University, NCCU said.
NCCU is the first Taiwanese university to cooperate with the company.
Taiwan has received more than US$70 million in royalties as of the end of last year from developing the F-16V jet as countries worldwide purchase or upgrade to this popular model, government and military officials said on Saturday. Taiwan funded the development of the F-16V jet and ended up the sole investor as other countries withdrew from the program. Now the F-16V is increasingly popular and countries must pay Taiwan a percentage in royalties when they purchase new F-16V aircraft or upgrade older F-16 models. The next five years are expected to be the peak for these royalties, with Taiwan potentially earning
STAY IN YOUR LANE: As the US and Israel attack Iran, the ministry has warned China not to overstep by including Taiwanese citizens in its evacuation orders The Ministry of Foreign Affairs (MOFA) yesterday rebuked a statement by China’s embassy in Israel that it would evacuate Taiwanese holders of Chinese travel documents from Israel amid the latter’s escalating conflict with Iran. Tensions have risen across the Middle East in the wake of US and Israeli airstrikes on Iran beginning Saturday. China subsequently issued an evacuation notice for its citizens. In a news release, the Chinese embassy in Israel said holders of “Taiwan compatriot permits (台胞證)” issued to Taiwanese nationals by Chinese authorities for travel to China — could register for evacuation to Egypt. In Taipei, the ministry yesterday said Taiwan
‘LIKE-MINDED PARTNER’: Tako van Popta said it would be inappropriate to delay signing the deal with Taiwan because of China, adding he would promote the issue Canadian senators have stressed Taiwan’s importance for international trade and expressed enthusiasm for ensuring the Taiwan-Canada trade cooperation framework agreement is implemented this year. Representative to Canada Harry Tseng (曾厚仁) in an interview with the Central News Agency (CNA) said he was increasingly uneasy about Ottawa’s delays in signing the agreement, especially as Ottawa has warmed toward Beijing. There are “no negotiations left. Not only [is it] initialed, we have three versions of the text ready: English, French and Mandarin,” Tseng said. “That tells you how close we are to the final signature.” Tseng said that he hoped Canadian Prime Minister Mark Carney
The US’ joint strikes with Israel on Iran dismantled a key pillar of China’s regional strategy, removing an important piece in Beijing’s potential Taiwan Strait scenario, said Zineb Riboua, a senior researcher at the Hudson Institute’s Center for Middle East Peace and Security. In an article titled: “The Iran Question Is All About China,” Riboua said that understanding the Iran issue in the context of China’s “grand strategy” is essential to fully grasp the complexity of the situation. Beijing has spent billions of dollars over the years turning Iran into a “structural strategic asset,” diverting US military resources in the
RSS