Morgan State University announced the opening of its new Center for the Study for Blockchain and Financial Technology, or FinTech Center. According to a report in Black Enterprise, the center will be dedicated to the study of blockchain, cryptocurrency and the digital finance industry.
The university, which received a multi-year grant from Ripple in 2019, is set to begin classes in the Earl G. Graves School of Business with a specialized curriculum this semester. Scholarships will be awarded to faculty and students pursuing a career in blockchain, cryptocurrency, digital payment and other financial technology disciplines.
The FinTech Center is also hosting its second Battle Of The Cryptos, a cryptocurrency trading competition for HBCU students. Black Enterprise said that the event will allow students to learn about crypto investing, trading, portfolio management and financial fitness, with a chance to win up to $3,500 in cash prizes.
Editors' note: An earlier version of this article contained material from Black Enterprise without proper attribution. The article has been updated.