Key takeout
- The Ethereum Foundation coincides with a donation of up to $500,000 annually from the new Columbia and ether Research Centers.
- The Center focuses on blockchain protocol design, located at Columbia University, enhancing its academic relationship with Ethereum development.
The Ethereum Foundation will provide $500,000 a year to coincide with the contributions of the Columbia Echo Research Center on Blockchain Protocol Design, Columbia University’s new interdisciplinary research hub.
Matching funds aim to support protocol design research that can advance blockchain infrastructure development. The partnership establishes Colombia as another major academic institution to collaborate with the Foundation on Advancement in Blockchain Technology.
The Ethereum Foundation allocated more than $30 million in grants in recent quarter to support blockchain research and development, including protocol design and security initiatives. The organization has a history of funding academic partnerships, including previous grants to Brown University for cross-chain transaction research.
