Bahçeşehir Cyprus University establishes “Bahçeşehir Cyprus University Blockchain Research Center” and becomes the first institution to bring a blockchain research center to TRNC.
Bahçeşehir Cyprus University Blockchain Research Center will provide events, seminars, workshops, and trainings on coding; not only for professionals but also for anyone from various age groups who are interested in this trendy topic of the future. The research center will focus on applications of blockchain technologies on conducting business, healthcare, entertainment, financial services etc.
Blockchain is actually about digital information (the “block”) stored in a public database (the “chain”). It is a growing list of records, called blocks, that are linked using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data, and by design, a blockchain is resistant to modification of the data. This technology has the ability to change all aspects of the digital economy. Thus, Bahçeşehir Cyprus University aims to enrich achievements of the community by contributing to the development of this valuable future technology in TRNC.