The Southeast Asia Project Director for NEM (XEM) blcockchain, Lance Cheang has signed a Memorandum of Understanding (MoU) with the Vice-Chancellor & President of Taylor’s University, Malaysia, Professor Michael Driscoll to initiate an agreement between firm and the institution.
According to a release which disclosed the information, through the MoU, NEM will back the University School of Computing and IT (SOCIT) in a couple of areas by rendering assistance with its technology.
Thus, while the agreement is seen as a leapfrog for both parties, the propagation of blockchain use for education will be enhanced. Also, the institutions will initiate blockchain related syllabus into its educational curriculum.
Lance Cheang, in his statement said, the agreement will help enhance the adoption of blockchain by future generations.
“We see this signing with Taylor’s University as an important step in the adoption of blockchain by future generations and we look forward to extending our reach to the regional education scene with similar partnerships in the future,” Cheang noted.
While NEM is determined to help the institution with its industry expertise to ensure effective blockchain knowledge, feedbacks from the institution will further enhance and facilitate NEM (XEM) in the creation of syllabus for the institution.
As an addition to the agreement, the University’s Blockchain Lab designed for the conduction, experimentation and development of Blockchain related projects will be powered by NEM (XEM). NEM team will expose students to Blockchain and NEM tech.
Another exciting information added to the release is that the blockchain firm will open its NEM (XEM) Blockchain Centre in Malaysia for pupils whose final year project are blockchain related
As things stand now, it has been observed that blockchain technology is soon becoming a mover and shaker of the education sector as more and more blockchain projects continue to delve into the area, rendering various assistance.