RMIT Repositions Blockchain Hub to Address Resource Shortage, Raises Concerns

RMIT Repositions Blockchain Hub to Address Resource Shortage, Raises Concerns

A Broader Focus for the Future

RMIT has announced that its Blockchain Innovation Hub will transition into a general research group under its finance school by 2025. This change is part of a broader strategy to efficiently allocate resources and focus on enhancing student-centric programs.

Challenges and Staff Reactions

Despite its prominence since 2017, the Blockchain Hub has struggled with funding and research output. The restructuring requires staff to split their time between teaching and research, prompting concerns about whether the university can maintain its leadership in blockchain innovation.

Blockchain in a Booming Market

With Bitcoin recently surpassing $100,000, the decision to restructure the Hub has sparked debate about RMIT’s commitment to the blockchain sector. Many are questioning whether the timing aligns with the technology’s growing global importance.

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