IBM announced academic degrees for blockchain scientists on Monday.
The announcement is the latest in a string of academic awards for the technology.
IBM announced its academic degrees earlier this year for Dr. Rachael Smith, an associate professor of blockchain at the University of Maryland, and Dr. John Karp, an assistant professor of machine learning at the National University of Singapore.
IBM said the academic degrees were awarded on top of a $3 million research grant, and the companies have partnered to create a “cloud platform for learning and education” that will allow researchers to share their work with the rest of the world.
To be eligible for the academic degree, a researcher must have completed a blockchain-based research project that has not yet been published, or have been submitted to a blockchain research platform, IBM said in a blog post announcing the academic award.
The researchers will receive $1,000 and will receive their degree on the IBM Cloud platform.
According to IBM, there are currently two academic degrees offered by the company.
The first, a Bachelor of Science in Blockchain Research and Technology, is awarded to an individual who has completed an undergraduate course of study and completed a project that was completed on the cloud platform IBM Cloud, and has been published in a peer-reviewed journal.
The second, a Master of Science degree in Blockchain Technology and Operations, is offered to a group of researchers with an undergraduate degree.
The latter is awarded for work completed on IBM Cloud platforms.
For now, the company is only offering the academic PhD degree.
It is unclear how the academic program will be funded.
In January, IBM announced that it would invest $2.5 million in the research and development of blockchain solutions, which the company said was a “new strategic initiative.”
IBD has also announced a $2 million funding round in 2018 for its research platform Blockchain Technologies.