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Indonesian University Rolls Out On-chain Records At No Cost to Students

by admin September 30, 2025



In brief

  • Indonesia’s Universitas Gadjah Mada will pilot verifiable digital credentials, beginning with English proficiency courses.
  • Students receive digital wallets preloaded with tokens for paying tuition and course fees, with no added costs.
  • The pilot rollout will cover 60,000 students and run alongside a separate AI lab initiative.

Universitas Gadjah Mada (UGM), one of Indonesia’s oldest and largest public research universities, announced Tuesday that it will begin storing student course records on-chain by adopting Space and Time, a decentralized database platform.

Students who complete courses will have their records written directly to the Space and Time network, creating an immutable credential they can share with employers or other schools.

The education framework is intended to help provide “expanded, modernized education access to the unbanked” and give students “a way to prove their educational achievements to any institution or employer in the world,” Scott Dykstra, co-founder and CTO of Space and Time, told Decrypt.

By onboarding students on-chain, Space and Time is hoping its database platform could help students overcome “intermediaries or traditional financial infrastructure” and “come out the other side with a traceable, verifiable record of what they’ve accomplished,” Dykstra said.

UGM‘s rollout for its estimated 60,000 students begins with English proficiency courses as the initial use case for on-chain credentialing, with planned expansions to other courses. The university also announced a new on-campus AI lab using Dreamspace, a tool built on Space and Time, which will provide courses on building and deploying AI applications.

The initiative was introduced following a partnership between Indomobil Group, one of Indonesia’s largest automotive conglomerates, and the Space and Time Foundation, which now oversees the decentralized database network originally developed by MakeInfinite Labs.

Space and Time’s custom chain pulls data from multiple blockchains and distributes it across a validator network, where each query is backed by cryptographic proofs, allowing applications to verify results without relying on a single data source.



Verifiable education

Speaking with Decrypt on Tuesday during the week leading to TOKEN2049 Singapore, a representative for the Space and Time Foundation explained the education program’s components.

The first centers on verifiable education. By placing course completions and diplomas on-chain, students avoid fragmented records across institutions and instead create a single, immutable record that employers or universities beyond the local can confirm.

The second component involves financial access through SXT, the native digital asset of Space and Time. Each student will receive a wallet preloaded with tokens to pay tuition and course fees directly, in a system the company says is designed to reach those without traditional bank accounts. Space and Time confirmed with Decrypt there will be no costs to students.

Still, some scholars caution that the promise of blockchain-based use cases in education comes with risks.

A 2025 ASEAN report on higher education mobility noted that digital credentials can support cross-border recognition of qualifications, but warned that gaps in digital readiness could worsen inequities for students and institutions with fewer resources.

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September 30, 2025 0 comments
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Ethereum, Columbia University Launch Blockchain Research Hub
Crypto Trends

Ethereum, Columbia University Launch Blockchain Research Hub

by admin September 18, 2025



The Ethereum Foundation and Columbia University have teamed up to establish a new hub in New York. The Columbia-Ethereum Research Center on Blockchain Protocol Design will advance blockchain infrastructure and expand opportunities for interdisciplinary research. 

Hosted at Columbia Engineering and led by Tim Roughgarden, a leading blockchain protocol expert, the center aims to shape blockchain’s “infrastructure layer,” often called a global “computer in the sky.” 

Ethereum Foundation confirmed the update on X saying that it will increase the $500,000 in annual donations.

0/ The Ethereum Foundation is committed to supporting the ‘Columbia-Ethereum Research Center on Blockchain Protocol Design’ by matching up to $500,000 in donations each year for the first three years. https://t.co/7zoC1XfvY8

— Ethereum Foundation (@ethereumfndn) September 18, 2025

In a follow-up post, the Foundation further said that the funding will support the center’s research and educational initiatives. It will help advance blockchain protocol development and applications.

As per Columbia Engineering’s announcement, the Ethereum Foundation will provide up to $6 million in funding, while philanthropic donations could add $1.5 million more. 

The center will also support fellowships, research grants, and industry residencies. Consequently, Columbia will connect its faculty and students with leading researchers from academia and industry.

Hsiao-Wei Wang, co-executive director of the Ethereum Foundation, said, “Ethereum has always been about exploring what decentralized systems can enable, and research and education are essential to strengthening that foundation.” 

Columbia Engineering Dean Shih-Fu Chang added, “By bringing together experts from different disciplines and industries, we can lead the development of the groundwork for breakthroughs.”

Programs Driving Knowledge and Innovation

Additionally, the center will run graduate fellowships, competitive calls for research proposals, and an annual summer bootcamp for junior researchers. It will expand Columbia’s Digital Finance Seminar Series and co-host the Columbia Cryptoeconomics Workshop, a high-profile gathering of scholars and practitioners.

Roughgarden emphasized the center’s impact, saying, “The initiative will secure Columbia’s status as a global leader in the field of blockchain protocols and their applications.”

The partnership shows, apart from funding, that it shapes blockchain by blending deep research with reliable impact.

Also Read: Vitalik Reveals Ethereum’s Next-Gen Roadmap at Japan Conference





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September 18, 2025 0 comments
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Charlie Kirk Shot at Utah Valley University Event
Product Reviews

Charlie Kirk Shot at Utah Valley University Event

by admin September 10, 2025


Charlie Kirk, the internet personality and cofounder of Turning Point USA, was shot on Wednesday afternoon at Utah Valley University (UVU), where he was holding an event. His condition is currently unknown.

UVU immediately went into lockdown, according to Deseret News. UVU police confirmed in an emergency bulletin that the shooting of a “visiting speaker” took place on campus. Police say that the suspect is in custody. The identity of the suspect is currently unconfirmed.

UVU police did not answer a call from WIRED. A TP USA spokesperson did not immediately respond to WIRED’s request for comment.

“We are closely monitoring reports of the tragic shooting involving Charlie Kirk at Utah Valley University,” FBI director Kash Patel said in a statement on X. “Our thoughts are with Charlie, his loved ones, and everyone affected. Agents will be on the scene quickly and the FBI stands in full support of the ongoing response and investigation.”

Senator Mike Lee, of Utah, commented about the shooting in a post on X, saying that he’s “tracking the situation” at UVU and “praying for Charlie Kirk and the students there.” Vice President J.D. Vance likewise posted on X: “Saying a prayer for Charlie Kirk, a genuinely good guy and young father.

In a post on Truth Social, President Donald Trump said, “We must all pray for Charlie Kirk, who has been shot. A great guy from top to bottom. GOD BLESS HIM.” The White House did not immediately respond to WIRED’s request for comment.

Videos of the shooting began to appear on social media on Wednesday afternoon, soon after reports of the shooting began to circulate.

Kirk’s stop in Utah was part of TP USA’s “American Comeback Tour,” where he staged his signature “prove me wrong” debates on campus. At Utah Valley University and Utah State University, the events sparked intense backlash: more than 6,000 students and faculty signed petitions urging Utah State administrators to cancel Kirk’s appearance later this month, arguing his presence conflicts with campus commitments to inclusivity. Critics described the tour as a “campus martyr” strategy designed to generate viral content whether through protests or cancellations.

Kirk, 31, cast the appearances as a defense of free speech and a chance to promote his brand of Christian nationalist conservatism.

Turning Point USA, which began in 2012 as a student group, has grown into a well-funded hub of right-wing activism. Along with its political advocacy arm, Turning Point Action, the organization has become a key player in the MAGA movement, channeling millions of dollars into “chase the vote” campaigns backed by election-denying candidates.

Additional reporting by Makena Kelly, Jake Lahut, and Caroline Haskins.

This is a developing story. Check back for updates.



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September 10, 2025 0 comments
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Hong Kong
NFT Gaming

Hong Kong University Explores Accepting Bitcoin For Fees Payment

by admin August 31, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The business school of the University of Hong Kong (HKU) is now considering accepting Bitcoin and other digital assets for donation and payment of tuition fees. This development comes a month after the Hong Kong Stablecoin Ordinance went into effect on August 1, in line with the Asian-nation state’s dream of becoming a global virtual asset hub.

Let’s Give Bitcoin A Chance, HKU Professor Says

According to the local media news outlet South China Morning Post, Professor Cai Hongin, the Dean of the Business School at HKU, expressed the institution’s readiness to explore the suitability of Bitcoin and other cryptocurrencies as a form of payment.

While speaking at the CryptoFi Forum on Wednesday, August 27, the prominent Chair of Economics and Director of the Institute of China Economy called for the relevant stakeholders to support this payment program at the Hong Kong University Business School. Professor Hongin said:

All the technical details have been sorted out. We will take bitcoin and digital currencies for tuition fees and donations in the future; If we lose money, we will be losing the money of the faculty … It’s ok, we can take care of it, but at least let us give it a try.

Meanwhile, an official statement from an HKU Business School spokesperson on Friday, August 30, confirmed Hongin’s statement institution was indeed “actively exploring” the incorporation of cryptocurrencies as a fee payment option. The statement read:

HKU Business School is dedicated to creating a secure and sustainable environment for advancing research, development, regulation, and practical adoption of digital currencies in collaboration with our partners.

Hong Kong’s Bid To Become A Global Leader In Virtual Assets

As earlier stated, the Hong Kong government continues to double down on its ambition of establishing a strong crypto-friendly and enabling environment in the nation-state. In May, lawmakers passed the Stablecoin Ordinance, which officially came into effect on August 1, establishing a statutory framework for fiat-backed stablecoins. The law covers everything from issuance and reserves to secondary-market activities, ensuring that operators with a Hong Kong nexus meet strict licensing and compliance standards.

At the same time, the Securities and Futures Commission (SFC) has tightened rules for licensed crypto exchanges, mandating stronger custody measures such as cold wallet controls and real-time threat monitoring to protect investors’ interests. While the Hong Kong Monetary Authority (HKMA) has warned against speculative frenzy, the government’s proactive stance signals its intent to rival Singapore, the United States, and Dubai as a trusted, regulated center for virtual assets.

Total crypto market cap valued at $3.75 trillion on the daily chart | Source: TOTAL chart on Tradingview.com

Featured image from Britannica, chart from Tradingview

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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August 31, 2025 0 comments
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