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You are here: Home / Bitcoin Industry News / Top Blockchain University: Royal Melbourne Institute of Technology

November 22, 2021

Top Blockchain University: Royal Melbourne Institute of Technology

The Royal Melbourne Institute of Technology (RMIT) has been lauded as the top art and design university in Australia by the QS rankings, which points to its distinctive social and political angle on blockchain research.

2
New
Royal Melbourne Institute of Technology Total Score
97.7
Regional Rank
2
Courses
7

The RMIT Blockchain Innovation Hub describes itself as “the world’s first research center on the social science of blockchain.” It provides a meeting ground for academics in the fields of economics as well as sociology, public policy and political economy.

The hub has busied itself establishing partnerships with the titans of industry both in the technology sphere and in the realm of consulting. They include IBM, Amazon Web Services, Oracle, Deloitte and EY. To engage with the social and political impacts of blockchain, the hub also partners with nonprofits such as the Blockchain Philanthropy Foundation and government branches including the Australian Department of Industry.

The hub provides academic support for ground-breaking projects undertaken in the industry. For example, its researchers have helped to gather data from the pilot of Civic Ledger’s blockchain peer-to-peer water-trading platform Water Ledger – which aims to make industrial water trading more efficient.

Read More: The Top Universities for Blockchain by CoinDesk 2021

In a testament to the interest of RMIT in the lateral implications of blockchain, Professor Ellie Rennie of the media and communication department is currently working on a project called “Cooperation Through Code: The Social Outcomes of Blockchain Technology.” She supervises PhD research in the field of media.

RMIT is unusual, too, in offering entire degrees in blockchain-enabled business, at both the undergraduate and postgraduate levels. In addition, courses available to students more widely include “Blockchain and Cryptofinance,” “Blockchain App Smart Contracts” and “Establish Blockchain Supply Chain.”

Outside the university, Australia’s crypto and blockchain scene has been growing. The managing director of Kraken Australia, Jonathan Miller, said in 2021, “The Australian market is key to achieving global adoption.” Global crypto businesses like Gemini and Binance have joined Kraken in building Australian operations in recent years, a sign of swelling local interest.

Author: CoinDesk Staff

Filed Under: Bitcoin Industry News

Expert Witness

Ty Sagalow head shotTy Sagalow's unique background in legal, underwriting, policy drafting and claims – and his designation as a “qualified insurance expert” by the United States District Court for the Southern District of California – offers attorneys an unparalleled resource in D&O, E&O and Cyber insurance coverage disputes. He was also named "Most Helpful Expert" in a recent $8.7M coverage decision.

Mr. Sagalow served as Chief Underwriting Officer and General Counsel for AIG Executive Liability (formerly National Union Fire Insurance Company of Pittsburgh, PA), the world’s largest carrier of Directors and Officers Liability and Professional Liability Insurance. As General Counsel, Mr. Sagalow personally wrote or led teams that wrote all the D&O policies and many of the professional liability policies that AIG produced between 1988 and 2000 – policies which continue to serve as the foundational wording for the D&O and professional liability policies in the market today. As AIG Executive Liability’s Chief Underwriting Officer, Mr. Sagalow was charged with all underwriting interpretations and decisions for AIG D&O/E&O policies. In 2009, Mr. Sagalow headed up the team that rewrote all D&O policies for Zurich North America.

Ty is a cum laude graduate of Georgetown University Law Center and holds a LLM from New York University School of Law.

Bitcoin Insurance

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With the successful sale of BitSecure(tm), the first bitcoin theft insurance policy in February of 2015, he is the first to create a sustainable, robust insurance policy to cover the theft of bitcoins and other virtual currency backed by an A-Rated, global “top 10” Property and Casualty insurance company.

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Innovation Insurance Group is an insurance consulting firm and insurance brokerage founded by 30-year insurance executive, Ty R. Sagalow, former Chief Underwriting Officer, General Counsel and Chief Innovation Officer at AIG, and former Chief Innovation Officer at Zurich, NA and Tower Group. IIG focuses on three core practice groups: product development, expert witness services (primarily in the Management and Professional Liability areas), and bitcoin industry brokerage services.

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