MultiversX and the "Lucian Blaga" University Unveil a New Academic Initiative

Since ancient times, up to the very present, education has been and remains one of the essential pillars of any society, ensuring its progress and development, fostering innovation, and directly contributing to the well-being of its individuals. In the current context of rapid technological advancement, education plays a crucial role in equipping the society for the challenges and opportunities of the digital era.

A 2022 report published by SlashData, a company that specializes in analyzing the developer economy, highlights that developers with 6 to 10 years of experience show the highest openness to work in the blockchain industry. Even though some of them are not yet seasoned enough to work in this industry, developers with less than 5 years of experience are not only interested in the technology, but they are actively seeking to learn and make a move into the field.

Consequently, one of the key factors in encouraging the adoption of blockchain technology in general, and the MultiversX network in particular, could be attracting developers from the early stages of their careers, even from their university years. To foster such an environment, MultiversX has partnered with the “Lucian Blaga” University of Sibiu (ULBS), Romania, joining five other local companies that will financially and educationally support the initiative aimed at nurturing talented young individuals in this field.

Starting this autumn, the Faculty of Economic Sciences at ULBS will introduce a new undergraduate programme with an innovative and modern approach, called “Business Informatics”. This university program will be taught exclusively in English, by qualified professors, as well as specialists and entrepreneurs from the field. The specialization will offer 30 tuition-free spots for students, of which 10 spots will be state-subsidized and 20 by the 6 companies involved in this initiative.

As part of the collaboration between MultiversX and ULBS, students will have the opportunity to study the “Blockchain and FinTech Applications” course during the second semester of their third academic year. This will enable them to immerse themselves in the comprehensive understanding of the MultiversX blockchain network and explore decentralized applications within the ecosystem.

"Blockchain technology facilitates access to financial instruments and other digital services to anyone, anywhere in the world, while offering other advantages, such as censorship resistance, composability, high performance and cost-effectiveness. On the path to an economy based on this technology and its adoption, we fully understand the importance and necessity of high-quality educational initiatives. Education is the key that supports individual development while connecting us to the innovative potential of young people, who will become the architects of the new internet economy." stated Beniamin Mincu, CEO of MultiversX.

The course dedicated to MultiversX will consist of 2 hours of lectures and 2 hours of lab work per week, for a total period of 14 weeks. Students will have the opportunity to gain both theoretical and hands-on knowledge directly from the MultiversX team members, who will be actively involved in the educational process.

“The partnership between the Faculty of Economic Sciences of “Lucian Blaga” University of Sibiu and MultiversX contributes to the development of higher education adapted to the challenges of the digital age in studying and applying emerging technologies in economics and business, preparing students for successful careers in a changing world. Through this collaboration, both parties, students and teachers alike, will together build knowledge and innovations that can have a significant impact on society and the global economy.

MultiversX demonstrates a strong commitment to education through active engagement, and this bridge between academia and business can bring mutual benefits. On the one hand, the faculty benefits from know-how through the experience of a technology leader, which enhances the quality of education offered to students. On the other hand, MultiversX benefits from opportunities for applied research and attracting new talent, contributing to the development and advancement of the technology industry.” said Assoc. Prof. Eduard Stoica, Ph.D., Vice-Dean / Faculty of Economic Sciences.

This joint initiative opens new horizons and aims to shape generations of leaders ready to face the challenges of the future. The collaboration is part of MultiversX’s wider effort to contribute to the development of the entire blockchain industry. In order to stimulate the adoption within a segment that naturally exhibits an interest in new technologies, a series of other activities and events are planned. Demos, hackathons, as well as guides and other educational materials, are all intended to onboard enthusiastic young minds into the MultiversX ecosystem.

About the Faculty of Economic Sciences

After more than three decades of higher education in economics in Sibiu, the Faculty of Economics of the "Lucian Blaga" University of Sibiu stands among the best economics faculties in Romania, according to international rankings. This recognition of the value of higher education in economics in Sibiu is the result of a permanent development and consolidation activity, in which students, graduates, professors, institutional partners and companies were equally involved, as well as of a favorable management context within the university.

About MultiversX

MultiversX is a highly scalable, secure and decentralized blockchain network created to enable radically new applications, for users, businesses, society, and the new metaverse frontier.

Distributed by STORM Partners. Contact Adrian Bono for interviews and quotes -adrian.bono@storm.partners or telegram @STORMPartners

Contact Details

Dan Voicu, Head of Communications

dan.voicu@multiversx.com