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Arizona State University collaborates with Dash to launch Blockchain Research Lab

Leading cryptocurrency Dash is teaming up with Arizona State University (ASU) to create a “Blockchain Research Lab” to work on blockchain technology and teach about its potential, Fortune reported.

The initial research focus areas include blockchain scalability, best practice, network architecture, environmentally -friendly mining, latency, and throughput. The blockchain lab will be housed at the CASCADE research lab at ASU.

Dragan Boscovic, the technical director of the CASCADE, said the lab is working with Dash in part as it has many practical uses.

“Dash is the blockchain for the masses, and it’s impressive for several reasons. The instant transactions (InstantSend) is a very important feature that meets the most demanding need of practical business applications,” he said.

Dash started its journey as a privacy-focused crypto-currency known as Darkcoin in 2014. Speaking with Fortune, Dash CEO Ryan Taylor highlighted the reasons as to why he believes that Dash is superior to bitcoin. He said that Dash’s design allows for faster transactions and encourages good governance as it is built around voting incentives.

The lab, an official research entity focused on actively researching blockchain applications, will begin its work this month. Also, it may include on-campus student lessons taught by Dash Core executives.

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