Cryptocurrencies Are Now Taught in High School

High School in New Jersey is teaching its students about the blockchain and cryptocurrencies
22 February 2018   545

Cryptocurrencies and the blockchain are now taught in high school and college classrooms. Due to the fact that students were interested in learning more about this industry and crypto, a financial literacy teacher considered adding cryptocurrencies to his Business and Personal Finance class.

Junior and senior students are eligible to take the course on budgeting, credit cards, taxes, investing, entrepreneurship including a section on cryptocurrencies. This section focuses on the history of cryptography and the applications of blockchain technology.

We’re not teaching it in the sense that you have to invest it, we are just giving the facts of it. The blockchain is the key to all of this. That’s the revolutionary piece to it.

According to the students, they want to thank their progressive teachers for introducing valuable things about things that will help us in the future.

Despite the fact that this topic is new to high schools, it’s already popular at universities across the country.

Fidelity Investments to Launch BTC & ETH Platform

New platform is designed for institutional investors
16 October 2018   121

One of the world's largest asset managers, Fidelity Investments, announced the launch of a unit focused on providing institutional investors with Bitcoin and Ethereum services. The Forbes reports.

The new division received the name Fidelity Digital Assets and, possessing a staff of 100 employees, will provide a platform for trading cryptocurrencies and consulting services 24/7.

The platform already has first customers, but its launch for a wider range of investors is scheduled for the beginning of 2019.

This is a recognition that there is institutional demand for these assets as a class. Family offices, hedge funds, other sophisticated investors are starting to think seriously about this space.

Tom Jessop

Founding head, Fidelity Digital Assets

In particular, Fidelity Digital Assets will offer a transaction service that, using internal cross-connect and order routers, will trade through third-party liquidity providers.

One of the most popular offers by the company can also be a service for storing Bitcoin and other cryptocurrencies. It is physical storage, distributed in different geographical locations and offering the so-called "cold" storage of digital assets. This way of storing cryptocurrencies without access to the Internet and with a multi-level control system is considered to be one of the safest and most resistant to hacking today.

As the CEO of Fidelity Investments, Abigail Johnson, said, the goal of the new platform is to make digital assets like Bitcoin more accessible to investors.

Fidelity Investments is considered the fifth largest asset manager in the world, offering investment and custody services to 13,000 consulting firms and brokers. In total, the company manages assets worth $ 7.2 trillion.