Clayton announced on the 11th that it will select a research team consisting of the Korea Institute of Science and Technology (KAIST) and the National University of Singapore (NUS) as the first research team of the Blockchain Research Center (BRC).

The team’s leaders will be Kang Min-seok, a professor at KAIST’s Department of Computer Science with abundant blockchain research experience, and Pratic Saxena, an assistant professor at the Department of Computer Science at National University of Singapore.

KAIST and Singapore National University, which were selected as the first research teams, were selected after a strict third screening process by the Clayton Governance Council (GC) and outside experts. In this contest, 62 research institutes from a total of 11 countries formed seven teams to propose different topics. Among them, KAIST and Singapore National University scored high in comprehensive evaluation criteria such as research team operation capabilities, execution capabilities, and research community revitalization plans.

The research consortium, which works with the RBC, will include prominent blockchain researchers from Yonsei University, the University of California Berkeley, Princeton University, Georgia Tech, Northern Arizona University, and Carnegie Mellon University. The results of the research conducted by the project will be open to everyone in the form of papers or open-source software, and external researchers can also participate in ongoing projects or submit research proposals to the RBC.

Seo Sang-min, chairman of the Clayton Foundation, said, “I hope this opportunity will popularize the discourse on blockchain development, and I am happy to take a step closer to Clayton’s vision through the BRC program.”

Meanwhile, Clayton announced in April that it would launch a $20 million fund for the BRC program. Based on this fund, Clayton plans to actively support research projects for the development of Clayton and blockchain over the next four years and share project research results and information through conferences and workshops from time to time.

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