Monash ACEs drive blockchain technology in the Pacific

ACE

Blockchain technology researchers from Monash University in Australia and the Pacific region are among the ten global winners of Algorand’s Centers of Excellence (ACE) Program, sharing $71.79 million to strengthen the technology, Blockchain education and innovation.

The five-year Pacific Sustainability Informatics Project, the only Australian-led ACE, will engage multidisciplinary researchers from seven universities and two not-for-profit organizations in Australia and the Pacific, led by the Center for Blockchain Technology in Australia. Monash at Monash University.

Project leader and director of the Monash Blockchain Technology Center, Associate Professor Joseph Liu, said the project aims to develop sustainable and innovative blockchain technology for the Pacific region, taking into account the unique needs of the community.

The Project will connect with communities in the Pacific and Australia through consultation and training workshops, hackathons, community meetings and competitions to provide support, opportunities and resources, and to ensure long-term community sustainability beyond life. useful of this ACE.

“The goal is to create significant real-world impact in the region built on a foundation of community-led research, education, and engagement and support,” Liu said.

“Although mostly associated with cryptocurrencies, blockchain technologies can be used in various sectors, such as strengthening renewable energy optimization, providing a fair platform for carbon trading, creating strong supply chains for food and agriculture, secure financial technologies and ensure the cultural sustainability of heritage art. and music.

“As part of the Pacific family, we want to ensure that Australia and the region benefit from the best collaborative research for stronger and more sustainable technology resources.”

The ACE Program is an initiative of the US-based Algorand Foundation, whose mission is to grow the Algorand ecosystem, a carbon-negative blockchain invented by Turing Award winner and Massachusetts Institute of Technology professor Silvio Micali.

Algorand Foundation Principal Investigator and ACE Program Director Dr. Hugo Krawczyk said the selection process for the program’s final winners was difficult, given the number of applications received.

“We are thrilled to see how many bright and talented people around the world recognize the ability of blockchain technology to fundamentally change and improve the world we live in, and we can’t wait to see the incredible work that grant recipients are doing in the world. the coming months and years,” Krawczyk said.

The ACE Project on Sustainability Informatics for the Pacific includes researchers from the University of Queensland, the University of Sydney, Swinburne University of Technology, the University of Fiji, the University of the South Pacific, the Hong Kong Polytechnic University, the Center for Oceania Cyber ​​Security and the ClimateWorks Centre, run by Monash University.

To learn more about the Monash Blockchain Technology Center, visit https://www.monash.edu/blockchain.

Leave a Comment