RMIT Blockchain Hub to Become Part-Time Research Group Amid Financial Strain

From Specialized Hub to Integrated Group

RMIT is set to transition its Blockchain Innovation Hub into a general finance research group by 2025, aiming to align resources more effectively with student needs. This restructuring reflects a broader effort to address funding challenges and sustain impactful academic initiatives.

Concerns About Future Research

Established in 2017, the Blockchain Hub earned global recognition but has recently struggled to maintain its research output. Staff now face the dual demands of teaching and research, sparking fears about whether RMIT can retain its leadership in blockchain studies.

Challenges of Timing

With Bitcoin’s value exceeding $100,000, interest in blockchain is at a peak. RMIT’s decision raises questions about its long-term commitment to blockchain research amidst a rapidly evolving technological landscape.

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