Thanks to two generous donations, the University of Cincinnati (UC) is launching “a pair of programs focused on cryptocurrency and new financial technologies.”

An article by UC News published on June 22 says gifts from longtime supporters Dan Kautz and Woodrow Uible means the university will “create an educational program with the Carl H. Lindner College of Business for UC students and name a public-private lab space within the new Digital Futures building, set to open in fall 2022.” Furthermore, “the Lindner College of Business is now home to a cryptocurrency fund that will promote student learning of blockchain technology and digital assets.”

The report also mentioned that the crypto fund and lab will provide students with “experience and knowledge vital to work for digital asset companies.” The development intends to complement the University’s existing Johnson Investment Institute to provide hands-on education in equity valuation and portfolio management. 

Uible, one of the donors, said:

Blockchain and the underlying application of cryptocurrency is at the cutting edge of business innovation and management. It is important that UC students be informed and educated about this technology. We feel that students will learn more by participating in the process of trading crypto currencies and directly working with a blockchain. That experience is much more valuable and meaningful than just learning from a textbook.

Debashis Pal, the David Sinton Professor of Economics at UC, stated:

A recent LinkedIn report identified Blockchain as the most in-demand hard skill. Students who work with the cryptocurrency fund will develop immediate and relevant knowledge about the fast-growing digital asset industry. Educational programs from the Kautz-Uible Economics Institute will establish the University of Cincinnati as a thought leader in this cutting-edge technology.

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