- Telecommunications Giant Vodafone Leaves the Libra Association
- Group of Central Banks Assesses Developing Central Bank Digital Currencies
- South Korea Might Impose 20 Percent Tax on Cryptocurrency Profits
- Report: Terrorists Increasingly Use Crypto to Raise Funds Anonymously
- Canadian Securities Administrators Subject Crypto Exchanges to Securities Laws
Like the popular saying – give honor to whom honor is due – the young crypto lord, Vitalik Buterin, alongside other recipients on November 30, 2018 received an honorary doctorate for his unmatched contributions to the crypto ecosystem. Some of the other recipients include Robert Reiner (a medical engineer), Armin Coray (an illustrator), Hansjórg Schneider (a writer), Thomas R. Insel (a neuroscientist), Verena Grether (the hospice founder), Thomas Stadelmann (a federal judge), and Hans-Martin Barth (a theologian).
This came without a shock as the 24 year old Russian-Canadian software developer has devoted his time and services to the crypto sphere since the age of 17. Vitalik Buterin is known for his phenomenal work in the Ethereum sphere. According to the article released by the University of Basel, the co-founder and inventor of Ethereum, singlehandedly wrote all the scientific publications about Ethereum without any University degree or ties to a university, which is just truly incredible.
.@VitalikButerin receives an honorary doctorate from the Faculty of Business and Economics of the University of Basel. The co-founder of @ethereum has made outstanding achievements in the fields of #cryptocurrencies, smart contracts and the design of institutions. pic.twitter.com/6d6ftTG56n
— University of Basel (@UniBasel_en) November 30, 2018
Some of his contributions to the crypto ecosystem include co-founding Ethereum – one of the top cryptocurrencies and decentralized platforms based on blockchain technology, smart contracts as well as his selfless contributions to promoting the digital revolution and institutional designs. The crypto boss is popularly known for his contributions on the Ethereum Blockchain. He is the big brain behind smart contracts that help execute transactions on the Ethereum Blockchain. He is also responsible for the ERC20 tokens from which most ICOs are mapped.
Commenting on the occasion, the 558th Dies Academicus celebration, which was held in ST. Martin’s Church, the President of the University of Basel, Professor Andrea Schenker-Wicki said in her speech with the catchy title “Innovation” that besides the responsibilities of research and teaching, every ‘good’ university has a third mission of ensuring knowledge transfer. It is not enough to teach them, the knowledge generated in the universities should have a positive impact on society.