BUSINESS

BLOCKCHAIN THINK TANK IN SINGAPORE

24/09/2018 03:19 PM

KUALA LUMPUR, Sept 24 (Bernama) -- The National University of Singapore’s (NUS) School of Computing has created an academic research laboratory and think tank, CRYSTAL (Cryptocurrency Strategy, Techniques and Algorithms) Centre.

Founded by NUS Computing faculty members, the centre aims to become one of the world’s foremost centres for research on blockchains and providing scientific clarity in shaping technical ideas in the blockchain and cryptocurrency space.

The island republic’s flagship university, in a statement, said the think tank would engage in productive interaction with the industry to draw up new research problems and propose solutions to these.

The centre will consist of experts in program language design and verification (Asst Prof Aquinas Hobor and Asst Prof Ilya Sergey), distributed computing algorithms (Assoc Prof Haifeng Yu), security (Asst Prof Min Suk Kang and Asst Prof Prateek Saxena) and market economics (Assoc Prof Keith Carter).

They will conduct research on scalable consensus protocols, verification and testing techniques, privacy-preserving computation, safe programming language design, blockchain applications, fundamentals of trading cryptocurrency, analysis of cryptocurrency economics, and highly available peer-to-peer (P2P) network designs.

Frank Xiang Wang of the X-Order Institute, said: “CRYSTAL Centre is one of the first labs in the world that focuses on both the technological side and the economic side of public blockchain. We look forward to the many discoveries and projects that will come out of it in the future.”

The centre is funded through research gifts towards public and open research on blockchains and cryptocurrency.

The initial sponsors include Quantstamp, NEO Global Capital, Zilliqa, X-Order Institute, Tateru, Chainfund Capital and Kyber Network. The lab has also formed strategic partnerships with Dekrypt Capital, Blockchain at Berkeley and Blockchain at NTU. More information at http://crystal.comp.nus.edu.sg/

-- BERNAMA


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