Solana Foundation and HKUST Collaboration
On September 6, the Solana Foundation officially announced its exciting partnership with the Crypto Fintech Lab at Hong Kong University of Science and Technology (HKUST) on a groundbreaking initiative.
The main objective of this collaboration is to provide comprehensive Solana game courses within the lab’s curriculum. Additionally, students will receive both financial support and technical guidance to help them acquire invaluable industry knowledge and hands-on experience.
Hong Kong University of Science and Technology
HKUST stands as a globally renowned research university, known for its remarkable track record of high graduate employment rates within Hong Kong and its consistent placement among the top 30 universities worldwide. Moreover, it has earned recognition as one of Asia’s fastest-growing financial research institutions.
In July 2022, HKUST unveiled its ambitious plan to construct the world’s inaugural win physical-virtual campuses within the metaverse. This innovative initiative seeks to assist students who find themselves split between two separate school campuses in Hong Kong and Guangzhou.
Crypto Advocacy in Hong Kong
Notably, the university garnered significant attention in late August when its vice president, a prominent figure in Hong Kong’s cryptocurrency community, published a compelling document. In the document, the vice president urged the Hong Kong government to consider creating a stablecoin that could rival USDT (Tether).
Hong Kong’s Cryptocurrency Aspirations
Hong Kong has consistently demonstrated its ambition to establish itself as a global hub for cryptocurrencies. In contrast, the United States appears to be adopting a more cautious approach.
Complementing the university’s initiatives, the Hong Kong government has recently issued licenses allowing Swiss bank SEBA’s branch and HashKey to operate within the city’s borders. This move signifies a significant step forward for Hong Kong’s cryptocurrency ecosystem.
While Hong Kong was previously a central hub for digital assets and witnessed the founding of prominent exchanges like FTX and Crypto.com (formerly Monaco), it’s only in recent times that the city has renewed its focus on emerging as a prominent center for digital currency innovation.