Ripple’s UBRI program welcomes Yonsei University as its latest partner in Asia Pacific

Ripple has announced that Yonsei University in South Korea is the latest to become a partner in its University Blockchain Research Initiative (UBRI) program. This new collaboration with the popular South Korean academic institution brings Ripple’s global UBRI partnerships to 58, with 12 of them located in the Asia Pacific region.

Yonsei University will engage in a multi-year effort to boost blockchain technology research, focusing on areas such as artificial intelligence, finance, information systems and management.

According to the official press release, the grant will fund the setup of an XRP Ledger (XRPL) validator at Yonsei University. XRPL validators are essential for reviewing transaction proposals against a designated set of trusted validators, known as the Unique Node List (UNL), which improves the security and decentralization of the network.

This project will not only advance blockchain research at Yonsei University, but also provide hands-on learning experiences for students and faculty, while promoting the “credibility and neutrality” of XRPL through the integration of another respected academic institution in the validation network.

Commenting on the latest development, Jun Kyung Auh, associate professor of finance and artificial intelligence at Yonsei University, said:

“We are delighted to be the latest partner to receive a grant through Ripple’s UBRI program, which allows us to further explore cutting-edge research areas and foster a deeper understanding of blockchain’s impact on finance and management industries. I am confident that our students and faculty will greatly benefit from the opportunities to work on real-world challenges and contribute to the global blockchain ecosystem through this partnership.”

UBRI’s goal is to accelerate the global adoption of digital assets and improve interoperability by offering strategic support, technical tools and financial grants.

Since its inception in 2018, Ripple said the program has had a significant global impact, backed by more than $60 million in funding from the blockchain company itself.

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