TL; DR failure
- Wharton University allows students to pay their fees using the crypto payment method
- Only students who intend to study the China Blockchain program will be allowed to use this method
- Kevin Bass will work as an overseer of cryptographic payments for the school
In recent years, cryptocurrencies have boldly claimed in the financial sector and experienced widespread growth. No wonder why asset acceptance has now become the mainstream. Not only do they act as a means of making a profit, but some institutions and investments also use them as a means of payment. In another crypto win, Wharton, claiming to be a payment option, Pennsylvania, has announced that it offers crypto payment options for tuition fees. The school accepts tuition fees for digital assets such as Bitcoin, Atrium and some other top tokens. However, the students who are presented with these options are the ones who will go through their new program.
Kevin Bass will receive encrypted payments for Wharton
According to the school, the new era of the Chinese bloc will begin in January 2022. Students taking the course can pay using the cryptocurrency payment option. The China Blockchain and Digital Assets Economics program runs for six weeks and costs about $ 3,800 per student. Kevin Bass acts as Wharton’s guardian and acts as a bank to help collect cryptographic payments. Introductory crypto and blockchain classes at Coursera will be available to students who intend to attend. The aim of this course is to provide students with extensive knowledge about FinTech and cryptocurrencies.
Global economic participation is lucky for Wharton
Wharton Business School made headlines earlier this year when it received a generous $ 5 million gift in its leading digital asset, Bitcoin. The gift was sent to the school in May and was worth 118 bitcoins at the time. Wharton School decided to sell the assets in cash during that period. Since then, bitcoin has seen growth, and if they maintain it, they will be almost $ 2 million richer.
The school noted that they immediately cash in on all digital currency contributions received during the donation period, whether large or small. He also noted that the money raised from the donation will be used to support the Stephens Innovation Center at the school.
A previous public report also mentioned a partnership between the Wharton School of Business and the World Economic Forum. The project is led by Professor Kevin Verbach, who is looking for business and China blockchain regulations. As Wharton progresses in offering cryptographic payment methods to students, other institutions may follow suit.