Crypto.com Makes Donation to University of Pennsylvania’s Crypto Research Laboratory Fund

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Crypto.com, the world’s fastest growing cryptocurrency platform serving more than 50 million customers with over 5,000 people in offices across the Americas, Europe and Asia, has just announced it has committed a 2-year gift to support the University of Pennsylvania’s (Penn) new Crypto Research Laboratory Fund.

According to the press release shared by the company, the funds will be used to fund research on cryptography and coding, designed to solve real-world problems in high privacy, security and blockchains decentralization.

The donation will serve to create a new lab within Penn’s School of Engineering and Applied Science that will be managed by Professor Brett Hemenway Falk, Research Assistant Professor in the Department of Computer and Information Science. In particular, the research will mainly focus on two things: privacy and security in digital environments, and facilitating transparency and trust.

Eric Anziani, Chief Operating Officer at Crypto.com, has said on the cooperation:

“The focus of the University of Pennsylvania’s crypto lab will be tremendously valuable for wider, real-life blockchain applications while also exploring new approaches to further privacy and security capabilities. We are incredibly excited to support the foundation of this blockchain research lab within such an esteemed academic program.”