This year’s rating includes 230 institutions worldwide, up from solely US schools in last year’s initial university ranking for blockchain courses. 

Due to its various blockchain research institutes, often sponsored blockchain-themed conferences, numerous blockchain clubs, industry collaborations, and master’s program in digital financial technology, the National University of Singapore is in first position overall.

Hong Kong Polytechnic, Tsinghua University, and the Chinese University of Hong Kong are also among the top ten universities in Asia. RMIT University in Melbourne comes in second, while the University of Zurich, UCL, and ETH Zurich represent Europe.

Berkeley (third) and MIT (fourth) are the best universities in the United States (fifth). Last year’s second-place finisher, Cornell, is presently in 17th position. Stanford is currently in 12th place after finishing fourth in 2020. Harvard, which ranked fifth last year, has dropped to 49th this year, indicating that colleges with excellent overall reputations aren’t necessarily the best performers when it comes to Blockchain.

They used publicly available sources such as course catalogs, program prospectuses, social media channels, club web pages, and the Clarivate Web of Science to compile the rankings. They also use online surveys in which academics, students, and stakeholders could rate their schools’ and competitors’ offerings.

Given the wide variation in the cost of university education, they created a statistic this year that compares unsubsidized tuition expenses to the average cost of living in the region.

Are Blockchain courses worth your while? What do we mean by Blockchain uses?

While the most common application of blockchains is as a distributed ledger for cryptocurrencies like bitcoin, by late 2016, there were a few other operational products that had progressed past proof of concept.

For commercialization, blockchain technology has been employed in video games, such as cryptocurrencies and non-fungible tokens (NFTs). Many live-service games have in-game customization choices like character skins or other in-game goods, which players may acquire and exchange with other players using in-game cash.

Several initiatives are underway to provide domain name services using Blockchain. A private key can manage these domain names, ostensibly allowing for un-censorable websites. A registrar’s capacity to prohibit domains used for fraud, abuse, or unlawful material would likewise be bypassed.

Supply chains of food and rare metals and mining extraction are other examples of blockchain uses. IBM has employed its Blockchain-based technology to check for diamonds’ origin and food supply to trace produce back to the source.

Blockchain technology may be used to establish a permanent, public, and transparent ledger system for collecting sales data, tracking digital usage, and making payments to content creators like wifi users and musicians.

Other blockchain designs include Hyperledger, a Linux Foundation joint effort to provide blockchain-based distributed ledgers, including projects such as Hyperledger Burrow (by Monax) and Hyperledger Fabric (spearheaded by IBM).

Which Blockchain Technologies is the best to start from?

Ethereum and its PoS system can be a great contender for the position of the best Blockchain if implemented successfully.

Proof-of-stake (PoS) is a consensus technique that blockchain networks utilize to reach distributed consensus.

To become a validator on the network, users must stake their ETH. Validators, such as miners, arrange transactions and construct new blocks to upload all nodes to the network.

The proof-of-stake system has several advantages over the proof-of-work scheme:

• As many energy mining blocks won’t be needed, which means people will save money.
• Reduced entrance hurdles and hardware requirements — top-of-the-line technology need to create new blocks eliminated.
• Higher centralization resistance — proof-of-stake should result in more nodes in the network.
• Support for shard chains has improved, it is an important step in scaling the Ethereum network.

Many up-and-coming blockchain technologies in Blockchain innovation, such as Cardano’s recently announced updates. Still, so far, given the hype train, ETH has started over PoS, we may have a strong contender for the top spot.