Streamlined Research Approach
RMIT is set to integrate its Blockchain Innovation Hub into the finance school by 2025, transforming it into a broader research group. The move aims to better allocate resources and align initiatives with the university’s strategic priorities, particularly in enhancing student experiences.
Concerns Among Researchers
The Blockchain Hub, launched in 2017, has encountered funding and output challenges that have prompted this restructuring. Staff will face new responsibilities, balancing teaching with research, which has drawn criticism from those worried about a diluted focus on blockchain innovations.
Global Context and Industry Impact
With Bitcoin achieving a milestone value of $100,000, blockchain technology is more relevant than ever. RMIT’s decision raises questions about its ability to remain a key player in this dynamic and rapidly advancing field.
