Wharton accepts crypto payments for blockchain program instruction

Wharton accepts crypto payments for blockchain program instruction. The introduction of cryptocurrencies scores another victory with Ivy League University in Pennsylvania, but there is a catch.

Wharton School, one of the leading business schools in the United States, will accept Bitcoin (BTC) and other forms of cryptocurrency to pay for tuition, Bloomberg reports. However, its rollout is limited to the new online blockchain and digital asset program due to start in January.

title Blockchain Economy and Digital Assets, the 6-week program has a tuition fee of $ 3,800 and the university is expected to attract thousands of students each year. Wharton School will use Coinbase Commerce, the US crypto exchange’s e-commerce platform, to accept payments in cryptocurrency.

Wharton is currently offering an introductory course in cryptocurrency and blockchain via the online education platform Coursera as part of a broader course in financial technology or fintech.

Related: Scaramucci says that anyone who researches Bitcoin is investing in Bitcoin

The business school made the news earlier this year when it received a generous gift of $ 5 million in bitcoin. An anonymous philanthropist donated $ 5 million in May, which is roughly the equivalent of 118 BTC. The Wharton School reportedly immediately exchanged the donation for fiat worth more than $ 7 million at Bitcoin prices.

As Cointelegraph reported, the World Economic Forum recently partnered with the Blockchain and Digital Assets Project at Wharton School. The project, led by Professor Kevin Werbach, aims to address the business and regulatory aspects of distributed ledger technology.