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Bitcoin Magazine
2018-11-30 17:14:22

Ethereum Founder Vitalik Buterin Receives Honorary Doctorate

Vitalik Buterin left academia four years ago to pursue a career in crypto. Now, the Ethereum founder’s contributions to the industry (and the computer science field at large) have earned him an honorary Ph.D. — in the same year he might have eventually completed his undergrad degree.In 2014, disenchanted with academics, Buterin accepted a Thiel Fellowship for his preliminary work on Ethereum and dropped out in his freshman year at the University of Waterloo to work on the smart contract platform.Today, the University of Basel's Faculty of Business and Economics has awarded him an honorary doctorate. The distinction was given at the Dies Academicus celebration, an annual event that commemorates the opening of the university.Dean of the Faculty of Business and Economics, University of Basel, Prof. Dr. Aleksander Berentsen calls Buterin's blockchain innovations "game-changing," adding that he has "blazed a trail for science and industry to follow and work together.""I’m honored to have received an honorary doctorate from the University of Basel the oldest university in Switzerland. Switzerland is well known for its innovative blockchain research,” Buterin stated.Buterin first introduced his concept for the groundbreaking Ethereum in a white paper titled "A Next-Generation Smart Contract and Decentralized Application Platform" in 2013, wherein he proposed the development of a new platform with a more flexib...