The Royal Melbourne Institute of Technology’s Blockchain Innovation Hub will no longer exist in its current dedicated form starting in 2025.
The Royal Melbourne Institute of Technology’s (RMIT) pioneer Blockchain Innovation Hub — billed as the first social science research center into blockchain — is set to largely sideline its dedicated blockchain research unit in 2025, despite a historic crypto market rally.
From next year, the Hub will operate as a research group under the university’s finance school, and researchers will have to go back to teaching, according to a Dec. 12 email seen by Cointelegraph and confirmed by an RMIT spokesperson.
In the email, RMIT deputy vice-chancellor of business Colin Picker said the university is honing in on efficiency and must choose carefully where it sends resources. He said the new Blockchain Hub model was strategic as it will support student learning while allowing research to continue.
