By Shelly Melancon (Switzerland)
One of the leading business schools in the US has announced that students can now pay their tuition fees with cryptocurrency. But, the school has announced that only students admitted into the newly created online blockchain and digital assets section can make payment with cryptocurrencies.
The First Batch Of The Program Will Begin In January
The program, known as “Digital Assets and Blockchain Economics,” will last for six weeks and cost $3,800 per student. The school intends to receive digital asset payments through leading digital asset exchange, Coinbase’s commerce platform.
As of this writing, the school offers blockchain and crypto intro classes through Coursera (an online education platform). This intro is part of a detailed FinTech course on the forum. It was widely reported a few months ago that the school received an anonymous donation of 11 BTC (approximately $5m at that time or $7m using the current exchange rate)
It was announced recently that the business school would host a digital asset and blockchain project with the World Economic Forum. Professor Kevin Werbach will lead this project to proffer solutions to different aspects of distributed ledger technology, particularly business and regulation.
Leading Thailand Retail Firm Tests Crypto Payment Support
A new Bloomberg report has revealed that the largest Thailand retail firm, Central Retail Corp, is trialing crypto payment support in its franchise shops. The firm is making the test using c-coin, and the test is now at the sandbox stage. As the trial continues, the firm is giving out the coins to each of its employees to spend in any of the firm’s malls and franchises.
Also read:Korwin Kulruchakorn, one of the company’s top-level executives, revealed that the c-coin would be distributed to average citizens once it gathers sufficient data on the coin’s performance. However, if there are any issues with the coin’s performance, the developers will delay issuing the token to the general populace.
Kulruchakorn added that the company is yet to decide the mode of distributing the coin to the public. But there are plans to list it on the exchanges and as trading pairs. He is convinced that the c-coin’s use case can be spread internationally, starting from the company’s international partners and franchises in Italy and other locations.
Bistroo Supports More Crypto Payment Options
An official announcement from the blockchain-based P2P food takeaway business, Bistroo, states that customers can now make payments in BTC, ETH, BNB, LTC, and BCH. Bistroo is supporting these other crypto payment options in addition to accepting cash and BIST (its native token).
The firm’s last series funding generated $8.5m and has been using that funds to create support for more digital currency payment options. Bistroo had previously secured a partnership with Coinpayments, which provides tech support for customers to pay through the BIST token.
By expanding its crypto payment support, Bistroo is establishing its leadership as a modern food takeaway business. As a platform that facilitates a direct connection between customers and restaurants, the company also intends to expand its reach by adding more restaurants to its platform.
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