Transition to Generalized Research
RMIT has announced plans to transition its Blockchain Innovation Hub into a more generalized research group under its finance school by 2025. This decision reflects a strategic realignment to optimize resources and prioritize initiatives that directly impact student education and learning outcomes.
Challenges Prompting the Move
The Blockchain Hub, established in 2017 as a pioneer in blockchain research, has faced ongoing funding and output challenges. Staff will now divide their time between teaching and research, raising concerns about whether this shift will compromise the depth of blockchain-specific studies.
Impact on Blockchain Leadership
The decision comes at a critical juncture for blockchain technology, with Bitcoin recently crossing the $100,000 threshold. Critics worry that RMIT’s restructuring may signal a retreat from its commitment to innovation in this fast-evolving industry.
