The blockchain technology enables secure business activity on the internet and commercial undertakings between various parties, without the necessity for a central managerial entity – this managerial function being replaced by encrypted blocks of information.  A few months ago the Coller School of Management at Tel Aviv University established the first venture of this kind in Israel – the Hogeg Institute for Blockchain Applications, with the aim of advancing research, teaching and distribution of information in the area of blockchain technology.

As part of the activities of the Institute, a unique collaboration was created when the the Hogeg Institute for Blockchain Applications signed an agreement with the Frankfurt School Blockchain Center to support academic research in the area of blockchain technology and crypto currencies.  The project is being financed by Accelerator Frankfurt GmbH, which leads the Fintech/Blockchain area in Germany and focuses its activities on introducing the digital B2B technologies into the financial sector, in cooperation with Santiment Deutschland, a well-known success story in the area of crypto currencies that provides access to a unique platform for storing data and enables its use for academic research.

Dr Jacob Mendel, Managing Director of the Hogeg Institute for Blockchain Applications explains:  “This is a groundbreaking venture in academic cooperation to advance blockchain research focusing on providing economic and business solutions that will contribute to activity on the cutting edge of international research in which a number of institutions at leading universities throughout the world such as Stanford and Columbia participate.”

Maria Pennanen, CEO of Santiment Deutschland, adds:  “We want to get students and researchers together to analyze and understand the crypto currency market data.  As a first stage, the cooperation will focus on academic work.  We will hold the first academic event in the crypto area, under the title ‘Academia Meets the Market Players’, where we will present our initial findings.”

Ram Shoham, founder of Accelerator Frankfurt:  “It is an honor for us to start this cooperation with the Hogeg Institute for Blockchain Applications.  We believe in caring for the global blockchain eco-system through cooperative ventures and partnerships.”

Prof. Dan Amiram, Associate Dean of the Coller School of Management at Tel Aviv University and Head of the Hogeg Institute for Blockchain Applications:  “This is a special opportunity for researchers from Tel Aviv University to carry out projects in cooperation with international industry that contends with new challenges and applies the technology in a range of areas of activity.”

Our very best wishes go to the students and researchers at Tel Aviv University and the Coller School of Management who are participating in this special research project in the blockchain and crypto-currency area in cooperation with international industry.