Arcadia University to launch new cryptocurrency
By: The Mercury News
March 28, 2019
PARADISE, Calif. — A California university is launching a cryptocurrency investment fund that will focus on investments in blockchain technology and digital assets.
The launch of the fund at Paradigm University comes as the price of bitcoin and other cryptocurrencies have soared in recent months.
Bitcoin and other virtual currencies have been on a tear in recent months, with their prices soaring more than 1,000 percent in 2019.
The Paradigm University cryptocurrency investment fund will focus on investments in blockchain technology and digital assets.
“We are excited to bring this new investment vehicle to market, as it provides investors with the opportunity to gain exposure to the latest and most exciting cryptocurrencies and blockchain technology,” said John Stoll, Paradigm University’s president and CEO.
The Paradigm University cryptocurrency investment fund will be managed by Summit Partners, a venture capital firm. Summit Partners has been involved in the launch of other cryptocurrency investment funds, including the Summit Series Fund, which was launched in December by Paradigm University and the University of California, Berkeley.
Arcadia University students to receive cryptocurrency payments
Cryptocurrency payments will be available starting in the fall semester at two campus locations: the Student Union Bookstore and the College of Liberal Arts and Sciences.
Cryptocurrencies such as Bitcoin, Ethereum, and Litecoin are digital or virtual coins that use cryptography to secure their transactions and to control the creation of new units.
Arcadia University partners with cryptocurrency exchange
Cryptocurrency exchange Coinbase has partnered with US-based higher education provider, Arcadia University.
The agreement will see Coinbase provide students with access to its suite of products, including a cryptocurrency wallet and trading platform.
Arcadia will also be able to use Coinbase’s consumer insights and marketing capabilities to promote its digital education programmes.
“Arcadia is committed to providing our students with the best possible resources and opportunities, and this partnership with Coinbase allows us to do just that,” said Arcadia University president Dr David W. Smith.
Coinbase has been expanding its partnerships in recent months, having teamed up with UK-based travel firm Abta, as well as Australian bank, NAB.
Cryptocurrency comes to Arcadia University
Arcadia University is the newest institution to accept cryptocurrency as a form of payment. The university announced the new policy on Wednesday, May 15th.
According to the announcement, cryptocurrency will be accepted as a form of payment for tuition, fees, and other related expenses. The university says that this new policy is in line with its commitment to “being at the forefront of innovation and embracing new technologies.”
Arcadia University is not the only institution to announce a policy of accepting cryptocurrency as a form of payment. In February, the University of Nicosia announced that it would be accepting bitcoin as payment for tuition and other related expenses.
Bitcoin at Arcadia University
Arcadia University is a private, liberal arts college in Glenside, Pennsylvania. It has an undergraduate population of 2,500 and a graduate population of 1,600. In the Fall of 2014, Bitcoin was accepted as a payment method at Arcadia University.
Arcadia University is the first university in the United States to accept Bitcoin as a payment method. The decision was made in response to the growing popularity of Bitcoin and its underlying technology, blockchain.
Bitcoin is a digital currency that is not backed by any government or central bank. Instead, Bitcoin is created through a process called “mining”. Miners are rewarded with Bitcoin in exchange for verifying and recording transactions on the blockchain.
Arcadia University’s decision to accept Bitcoin as a payment method is part of a larger trend of colleges and universities beginning to explore the potential benefits of using blockchain technology.
Overall, Arcadia University’s decision to accept Bitcoin as a payment method is likely to appeal to students and faculty who are interested in exploring new and innovative payment methods.
Ethereum at Arcadia University
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. Ethereum allows developers to build and deploy decentralized applications that run exactly as programmed without any possibility of fraud or third party interference.
Arcadia University is a private, not-for-profit university in Glendale, California. It offers undergraduate and graduate degrees in more than 60 disciplines.
Litecoin at Arcadia University
Litecoin is a digital asset and a payment system invented by Charlie Lee, who currently serves as the director of engineering at Coinbase. Litecoin is similar to Bitcoin but has some key differences. For example, Litecoin can process more transactions per second than Bitcoin.
Bitcoin Cash at Arcadia University
Bitcoin Cash is now available at Arcadia University, the first university in the world to accept Bitcoin Cash.
Arcadia University is a private liberal arts college in Glendale, California. It has over 2,000 students and offers more than 50 undergraduate and graduate degree programs.
Bitcoin Cash is a digital asset and payment system invented by Satoshi Nakamoto. Bitcoin Cash is different from Bitcoin in that it has a larger block size limit of 8 megabytes. This makes it possible to process more transactions per second.
Arcadia University is the first university in the world to accept Bitcoin Cash. The university's Vice President for Enrollment and Academic Affairs, Dr. Kim Anderson, said:
"Arcadia University is excited to be the first university to accept Bitcoin Cash as a payment option. We believe that digital currencies will play an important role in the future and feel that our students will benefit from having access to this new payment option."
Bitcoin Cash is now available at Arcadia University.
Ripple at Arcadia University
Ripple is a global settlement network that enables instant, secure, and cost-effective payments anywhere in the world. It uses the power of blockchain technology to enable a new era of transparency and trust in financial transactions. Arcadia University is exploring how Ripple can be used to improve the way we pay for goods and services.
Stellar at Arcadia University
Stellar is a fast, simple, and powerful platform for managing digital assets. It allows you to easily send and receive money, make payments, and access financial services.
NEO at Arcadia University
NEO is a blockchain platform that aims to create a digital economy with a distributed network. The platform has its own native token, NEO, which can be used for transactions and other functions within the NEO ecosystem.