The Blockchain and Cryptoasset Association at the University of Alberta is attempting to enable students to monitor the latest trends in cryptocurrency, collectibles, and different applications.
The association was established last January by Joe Dang, a first-year master’s student in chemical engineering, and Reed Sutton, a first-year master’s student in medicine, to unite blockchain lovers and inquisitive newcomers alike. From that point forward, they’ve held gatherings two times every month in SUB to mingle, talk about blockchain applications, and scrutinize cryptocurrency.
“I really made a post on the UAlberta Reddit in the fall, asking why there wasn’t already a cryptocurrency/blockchain club, and inquisitive if anyone wanted to make one with me,” Sutton said in an email. “From that, we got 10 or more individuals who expressed awesome intrigue, Joe being one of them.”
Blockchain is a data structure where each user has a record of data, so data can’t be lost or controlled on the off chance that one user is endangered, taking into consideration a high-level of traceability. Cryptocurrencies are a kind of advanced cash based on the blockchain, guaranteeing its transactions are legitimate and that the same cryptocurrency can’t be spent twice, making it usable for online retail.
Sutton believes that cryptocurrency is just one aspect. They’re a technology that originates from blockchain, and there are different assets that can utilize it. That’s why we’re the Blockchain and Cryptoasset Association.
Association members can unreservedly drop in to talk about things like utilizing blockchain to trade video game items or monitor medicinal records. Different discourses incorporate the breeding and collecting unique digital animals in blockchain-based games like CryptoKitties and CryptoPuppies, which can be purchased, and sold.
While the association does not underwrite any cryptocurrencies or exchange, Dang and Sutton focused on the requirement for purchasers to be educated when purchasing cryptocurrencies.
As reported by TheGateway, the group is also looking for employees for which elections will be held in the fall and individuals who are interested can visit their website to become one of them.[The views and opinions expressed in this article are those of the authors and do not necessarily reflect the views and/or the official policy of the website. ]