Blockchain is a novel database technology that may fundamentally change our societies. It might prompt a reduction of risk and uncertainty in economic exchange, making institutions such as central banks and established online platforms increasingly redundant. Researchers at ITU study blockchain from a wide array of angles, such as management science, information systems and computer science, looking into how blockchain technology might affect societies and economies.
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Faster cryptocurrency transactions might be the result of a new research project at the IT University of Copenhagen aiming to improve blockchain protocols. The project is funded by a DKK 1.7 million grant from the Concordium Foundation.
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Next week, the 4th international Blockchain Summer School is bringing together students from 16 countries who will work on blockchain solutions for Carlsberg, COWI and the European Commission, among others. The summer school culminates in the Nordic Blockchain Summit on Friday, August 16, an event open to industry professionals with an interest in the business potential of blockchain.
Cryptocurrencies have great potential as an alternative to traditional bank transfers, but still struggle with a reputation as a safe haven for criminals. A new research project at the IT University aims to develop new methods that will allow authorities to investigate suspicious transactions – while at the same time guaranteeing anonymity for law-abiding users.
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The IT University of Copenhagen is partnering a new international initiative that will bring two of the world’s leading cities in blockchain innovation – Copenhagen and Shanghai – closer together.
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Researchers from the IT University of Copenhagen will provide an overview of blockchain initiatives by Danish companies in order to analyze and uncover the potential of technology. The Danish Industry Foundation has provided DKK 1.3 million in funding for the project, whose analysis will be available in March 2019.
Blockchain is a much-discussed technology during these years, and distinguishing between hype and actual opportunities can be difficult. In this video, Roman Beck, Professor at ITU and Head of the European Blockchain Center, explains what kind of solutions the technology may lead to in the future.
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In Indonesia, the majority of the population do not have bank accounts or credit cards. The use of digital payment methods, however, is rapidly increasing. In her PhD project, Sunniva Sandbukt investigates how a digital economy and blockchain-based currencies could come to benefit ordinary citizens.
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Students Julien Protain and Samy Tessier have founded Clockwork Trader – a platform that will give Danes easier and cheaper access to buying cryptocurrencies like bitcoin and Ethereum. The company has received an investment of DKK 225,000 kroner from ITU Business Development and Syddansk Innovation and is planning to launch later this year.
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New blockchain-based social media are gaining ground and challenging established platforms, such as Facebook, for example by paying their users in crypto currency for producing, sharing and liking content. These new media have the potential to give back control to the users, but according to Raffaele Ciriello, who is doing research on the topic, they also raise new ethical and legal issues.
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Roman Beck, Professor at the IT University of Copenhagen and head of the European Blockchain Center, talks to Thore Husfeldt about the possibilities of blockchain technology.
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Inspections by the Danish Food Administration have revealed that a large share of the extra virgin olive oil for sale in Danish supermarkets actually contain an inferior product. In his thesis project from ITU, Kristoffer Just investigated whether blockchain technology can make the supply chain more transparent - for the benefit of consumers and retailers alike.
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ITU Professor Roman Beck, who leads the newly founded European Blockchain Center, has secured a small grant of 88.000 Danish kroner from the Ministry of Foreign Affairs of Denmark.
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Blockchain technologies will revolutionize IT systems worldwide. However the revolution comes with both opportunities and challenges in a broad range of areas. At the IT University of Copenhagen, professor Roman Beck has now established European Blockchain Center, which will ensure that Denmark is at the forefront of the field.
The financial sector needs skilled workers that can help the industry to keep up with rapidly developing technologies. On 17 November, companies from the financial sector met with ITU students for Finance IT Day 2015.
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