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Cambridge University’s Centre for Alternative Finance (CCAF) will commence a new program researching cryptocurrencies.
The program, dubbed the Cambridge Digital Assets Programme (CDAP), will be in collaboration with the International Monetary Fund (IMF) and the Bank for International Settlements (BIS).
CCAF executive director Bryan Zhang said in a statement:
“The Cambridge Digital Assets Programme that we are launching today aims to meet the resulting need for greater clarity by providing data-driven insights through collaborative research involving public and private sector stakeholders.”
A total of 16 companies are taking part in the program, and will include participation from British International Investment, Ernst & Young, Fidelity and the World Bank. Goldman Sachs, Mastercard and Visa will also join in.
Terry Angelos, SVP and Global Head of Fintech at Visa, said:
“Industry collaboration and public-private partnerships will be vital in bringing the benefits of digital currencies to life in a sustainable, inclusive and secure way.”
Cambridge University has a good name when it comes to research into blockchain and cryptocurrency. The CCAF’s Cambridge Bitcoin Electricity Consumption Index is an often used resource on Bitcoin’s annual electricity consumption for example.