Sui Foundation to increase blockchain adoption through academy

Sui Foundation’s Greg Siourounis shared that seven out of 10 students in an idea presentation event had blockchain as a part of their solutions.

As blockchain technology gets further mainstream adoption, students and the next generation of young entrepreneurs show that they have some knowledge of the technology.

In an interview with Cointelegraph, Greg Siourounis, managing director of the Sui Foundation, spoke about their efforts to establish a blockchain academy in collaboration with the United Arab Emirates-based school, the American University of Sharjah (AUS). 

Siourounis said that the goal of the initiative was to increase awareness within the study body about blockchain and its usability for creating applications and platforms that can solve problems. He shared that they will conduct seminars and run workshops geared toward educating youngsters about what blockchain can and cannot do.

During his initial contact with university students, Siourounis shared that he was surprised to find that many students seem to already have some form of awareness when it comes to blockchain technology. Siourounis told Cointelegraph:

“We walked into the amphitheater where students from high schools and also from universities were presenting ideas, and surprisingly enough, seven out of 10 ideas had blockchain as one part of their solution.”

Siourounis explained that this shows that students and young entrepreneurs have started to understand the usefulness of blockchain technology. Because of this, he believes that there is a need to give young people the tools they need to advance their understanding of what blockchain can do and its limitations.

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In addition, the executive also highlighted the need to “protect” the students from misinformation. “So, it’s twofold. One is to educate them on the usability, but at the same time give them the right tools and filters to filter the information that is coming from outside about this technology.”

The establishment of the blockchain academy aligns with the emirate of Sharjah’s goal of becoming a hub for blockchain research and education. Tod Laursen, Chancellor of the American University of Sharjah, said the academy aims to provide students with insights into “future-oriented topics.” It will allow students to engage with trending subjects and equip them with skills that they need to “thrive in the evolving landscape of tomorrow.”