CEO of Distributed Credit Chain as well Oxford Alumnus, Stewie Zhu has partnered with Oxford’s Saïd Business School to create the ‘DCC Career Development Fellow’ program. This new fellowship position will help foster research that will provide insights into developing a regulatory framework for cryptocurrencies as well as for the creation of novel blockchain apps. The research will be supervised by Alan Morrison, Professor of Law and Finance at Saïd Business School.
As many people from within the cryptoverse may already know, Stewie Zhu is the founder of Distributed Credit Chain, the world’s first public distributed banking blockchain platform. The aim of the project is to foster a decentralized ecosystem for financial service providers spread across the world.
The company hopes to achieve this by empowering credit with blockchain technology and returning ownership of data to individuals.
More about the Fellowship
When asked about his reasons for sponsoring such a program, Zhu was reported as saying:
“I am thrilled to form a partnership with Saïd Business School of Oxford University and launch this blockchain research fellowship that will help in truly shaping the future of how we apply this technology in banking and finance. Oxford gave me a solid foundation to pursue my goals as an entrepreneur and now on behalf of the team at DCC, it is our time to give back to the next generation of innovators that will use this program to advance us further into a globally inclusive financial world.”
Similarly, Peter Tufano, Dean of Saïd Business School, also reflected on the matter and added:
“New technologies such as blockchain and cryptocurrencies are transforming the way we interact with finance. It is vital that we understand the impact of these changes while exploring how the regulatory and governance environment can adapt to them. Mr. Zhu’s generous donation will ensure that Saïd Business School is at the forefront of fintech research.”
With esteemed academic institutions now working closely with independent financiers who don’t have any hidden agendas to push, things for the crypto industry seem to be heading in the right direction.