Thursday, 27 September 2018

NUS COMPUTING FORMS ACADEMIC BLOCKCHAIN THINK TANK

A new academic research centre from the laboratory that created Zilliqa and Kyber Network looks to solve big issues in blockchain

SINGAPORE, Sept 24 (Bernama-BUSINESS WIRE) -- The National University of Singapore (NUS) School of Computing today announced the creation of the CRYSTAL (Cryptocurrency Strategy, Techniques, and Algorithms) Centre, an academic research laboratory and think tank aiming to lead as one of the world’s foremost centres for research on blockchains. Assistant Professor Prateek Saxena and Associate Professor Keith Carter, who are from the Department of Computer Science and Department of Information Systems and Analytics at NUS Computing respectively, will co-direct the Centre. The CRYSTAL Centre, founded by NUS Computing faculty members, has a goal of providing scientific clarity in shaping technical ideas in the blockchain and cryptocurrency space. The team of experts has been responsible for several academically grounded spin-offs over the last two years in the blockchain ecosystem.

The CRYSTAL Centre, located at NUS Computing, will initially comprise between 5 and 10 faculty members and several scholars working in different research sub-areas. This includes experts in program language design and verification (Asst Prof Aquinas Hobor and Asst Prof Ilya Sergey), distributed computing algorithms (Assoc Prof Haifeng Yu), security (Asst Prof Min Suk Kang and Asst Prof Prateek Saxena), and market economics (Assoc Prof Keith Carter). The Centre will conduct research on scalable consensus protocols, verification and testing techniques, privacy-preserving computation, safe programming language design, blockchain applications, fundamentals of trading cryptocurrency, analysis of cryptocurrency economics, and highly available peer-to-peer (P2P) network designs. These topics touch on many challenges that the blockchain and cryptocurrency space currently faces.

“We hope to make debates in the community more scientifically-grounded. The goal is improve interaction between those armed with intuition and those with scientific rigour. We also hope to draw attention to unforeseen scientific challenges, both near-term and long-term,” said Asst Prof Saxena.

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