A Structural Overhaul
The Royal Melbourne Institute of Technology will restructure its Blockchain Innovation Hub in 2025, integrating it into the finance school. This decision, aimed at improving resource allocation and focusing on student outcomes, marks a significant shift from dedicated blockchain research.
Staff and Research Concerns
Since its 2017 launch, the Hub has encountered funding hurdles and reduced research output. Critics argue that requiring researchers to balance teaching responsibilities may dilute the university’s blockchain innovation efforts.
Blockchain’s Growing Relevance
As Bitcoin surpasses $100,000 in value, blockchain technologies are more relevant than ever. RMIT’s restructuring move has sparked debate about its ability to maintain a leadership role in this burgeoning field.
