Wharton rolled out a new blockchain economics certificate and yes, you can pay tuition in crypto - Technical.ly Philly

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Wharton rolled out a new blockchain economics certificate and yes, you can pay tuition in crypto

The six-week online program costs $3,800, or about $0.063 Bitcoin.

Wharton.

(Photo by Flickr user Sergio Carreira, used under a Creative Commons license)

The Wharton School announced last week it was launching an online certificate program for those looking to learn more about blockchain and other digital assets.

Naturally, the school will allow students to pay tuition with cryptocurrency.

The course, Economics of Blockchain and Digital Assets, was developed in partnership with Prysm Group, a blockchain economic consulting firm. The six-week certificate program is designed for business and tech pros who are interested in learning about blockchain protocols, assets such as stablecoins, valuations and investing, and the like.

For payment, Wharton will accept Bitcoin, Ethereum, and USD Coin along with regular US dollars for the program’s $3,800 tuition. That equals about $0.063 Bitcoin at the current exchange rate.

The university had already begun accepting cryptocurrencies as payment, and received a $5 million Bitcoin donation to support the growth of programs within the Stevens Center for Innovation in Finance at Wharton. The payment was processed through NYDIG, which delivers infrastructure to accept Bitcoin donations, Penn said at the time of the donation back in May.

“Blockchain and digital assets are not going away,” Wharton Professor Kevin Werbach said in a statement about the new program. “We hope to equip business leaders, consultants, and entrepreneurs to identify the value drivers of these innovative technologies and to give them the practical understanding to build solutions.”

Those who enroll in Economics of Blockchain and Digital Assets will learn the end-to-end of current blockchain technology and its digital assets through use cases, the school said. Students will be diving into the role of regulation in blockchain technologies, its costs and benefits, and how it’s valued and structured, as well as how to chose the right blockchain network for different applications. It will also take an in-depth look at challenges that business leaders have gone through, and how they ultimately made decisions around blockchain application.

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The program lasts six weeks, with about eight to 10 hours of work per week. It’s held in an asynchronous format online, with programs running about every two months through June. Werbach and Prysm’s Cathy Barrera will lead the program.

Barrera said Prysm has spent the last four years consulting with Fortune 500 companies on how to best apply blockchain technology to their businesses.

“From folks interested in learning how to assess and evaluate existing blockchain networks, applications, and digital assets to those looking to develop their own solutions utilizing the unique features of blockchain,” she said, “this program focuses on the technology’s most overlooked principle: its economics.”

Companies: Wharton School
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