Wharton (University of Pennsylvania), one of the world’s largest business schools, has announced that it will use Coinbase to accept cryptocurrencies (including Bitcoin, Ether and USDC) for the online blockchain course.
As a result, it will become the first Ivy League institution to accept cryptocurrencies from program participants.
The business school is launching the 6-week “Blockchain Economics and Digital Assets” course for “business and technology professionals looking to learn about blockchain and digital assets through its value-generating principle: economics,” according to a today’s statement.
“We’ve designed this program for business professionals and executives from a variety of backgrounds, including traditional finance, management and technology,” said program academic director, Wharton professor and blockchain engineer Kevin Werbach.
“It’s a show about blockchain and digital assets, we felt we should speak the talk and move forward,” Guido Molinari, managing partner at Prysm Group, who is working with Wharton to develop the program, said in an interview. Wharton will use Coinbase Global Inc., the largest US cryptocurrency exchange, to accept payments for digital assets.
In addition, Wharton will partner with blockchain consulting firm Prysm Group to offer the certification program.
Over the years, there have been many college experiments with cryptocurrencies: the Massachusetts Institute of Technology gave its students the famous Bitcoin in 2014. Other smaller colleges have begun to allow students to use cryptocurrencies to pay tuition.