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Author: Admin | 2025-04-28
The University of Cambridge is collaborating with some of the world’s top banking institutions and private companies to introduce a new project targeting cryptocurrency research.The Cambridge Center for Alternative Finance, or CCAF, has launched a research initiative aiming to bring more insights on the rapidly growing digital asset industry, the CCAF announced to Cointelegraph on Monday.Dubbed the Cambridge Digital Assets Programme, or CDAP, the project is a public-private collaboration with 16 companies including public institutions like the Bank for International Settlements Innovation Hub and the International Monetary Fund. The initiative also includes banks like Goldman Sachs, financial giants like Mastercard and Visa, and major exchange-traded fund providers like Invesco.Other participants include British International Investment, Dubai International Financial Center, Ernst & Young, Fidelity, the United Kingdom's Foreign, Commonwealth and Development Office, Inter-American Development Bank, London Stock Exchange Group, MSCI and the World Bank.As its core mission, the CDAP intends to enable evidence-based public dialogue about the opportunities and risks associated with the growing cryptocurrency adoption. The program will be focused on three main areas including crypto’s environmental implications, infrastructure and digital assets, including stablecoins, central bank digital currencies and cryptocurrencies.According to the announcement, the program builds on the CCAF’s existing work in the crypto industry, including the development of the Cambridge Bitcoin Electricity Consumption Index, CBECI. The CBECI is a widely-referenced index that provides the global Bitcoin (BTC) mining hash rate distribution percentage among countries.Bitcoin mining map as of July 2021. Source: CCAF’s CBECIOther CCAF’s crypto research developments include the Global
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