Aarhus laying a new foundational approach to cryptography,blockchain and crypto?

cryptomarcianos

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There was a Blockchain Research Center at Aarhus University that was opened up on 1st February 2019. The center has been researching into blockchain technology, with focus on security, transparency and general usability.

According to Professor Jesper Buus Nielsen, who is heading the Concordium Blockchain Research Center at Aarhus University ( COBRA ) their goal is to gather experience from previous generations of blockchains, compare that with the research they have conducted there at the department over the decade, and on the basis of that comparison forge new knowledge about the technology.

Blockchain technology is considered as one of the most important technological discoveries in recent times. The technology is expected to revolutionize foreign exchange systems, strengthen copyrights and digitalize electoral systems. So far, however, the technology has had a slightly tarnished reputation due to problems with security, transparency and usability, among other things. A new research center at the Department of Computer Science at Aarhus University will now try to solve these problems.

The center will be a strong part of Aarhus University's comprehensive digitalization initiatives and, together with the Centre for Digitalization, Big Data and Data Analytics (DIGIT), which they established in 2017, it will give Danish IT research and education an important boost says the dean at Science and Technology, Niels Christian Nielsen.

In Aarhus they are world champions in cryptography. It is no coincidence that the research center is located at Aarhus University. The researchers at the Department of Computer Science are some of the best in the world within research areas of cryptography and verification, which are central to developing the blockchain technology.

"With an investment of this scale in Aarhus University's world-class computer scientists, Denmark is at the forefront of digitization providing companies and researchers a solid foundation for taking full advantage of the opportunities new technologies present," says Anders Samuelsen, Denmark's Minister for Foreign Affairs.

Funded by the Concordium Foundation :

The research center is being funded by the Concordium Foundation, established non-profit foundation, that is developing the Concordium Blockchain Network: a new-generation blockchain, with focus on user identification and transparency. The foundation is supporting the centre with just over DKK 10 million (EUR 1.3 million) a year over the first five years of the centre's lifetime.

"The Concordium Foundation has granted the Concordium Blockchain Research Center Aarhus DKK 50 million (EUR 6.7 million) over the next five years to fund non-targeted research into the technology. Our hope is that, in the long term, the research can help both the private sector and the public authorities to use blockchain technology securely and effectively for different types of transactions," says Lars Seier Christensen, chairman of the Concordium Foundation.

Concordium Blockchain Research Center Aarhus will be located at Department of Computer Science at Aarhus University with Professor Jesper Buus Nielsen as center leader. All results from the centers research will be made publicly available via open access. More information about the center can be found here.

I have been following some research work from Cobra for a few months now and I must say it is a class apart. Look forward to the mainnet launch of the final Blockchian.