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French College Opens Up Tuition Payments to Bitcoin

A French business school has announced that its foreign students will now able to pay their course fees using Bitcoin.

The Financia Business School in Paris, which includes master classes in fintech and blockchain technology on its curriculum, has included Bitcoin as a payment method to serve its 25% foreign enrolment. The college, which also offers bachelor’s and MBA qualifications, has a significant student intake from large Paris-based banking institutions such as Société Générale, BNP Paribas and Crédit Agricole.

Paris–based blockchain startup Coin Capital have come on board to enable the innovative Bitcoin payment service which has so far attracted five students who have already paid their 2018 course fees in BTC. One such student, Adam Hasib, commented:

“I became interested in this technology early on and quickly became a staunch supporter of blockchain’s decentralized model… by June 2017, I had acquired my first Bitcoins, which allowed me to pay the registration deposit at school… I just had to contact the administration to get the wallet address before [making] my deposit.”

Financial has indicated that it has further plans for using new tech such as crypto and blockchain, particularly to support some of the college’s administrative processes. A token is also planned for the future, along with further blockchain courses with the college hoping to include partner institutions in its future innovations.

With Bitcoin stabilizing, universities are increasingly opening up educational projects for blockchain technology with the number of universities and educational facilities running blockchain and cryptocurrency courses growing around the globe as financial markets expand and absorb more blockchain-related products.

Toptal, a marketplace for hiring tech talent, has recorded a 700% increase in demand for blockchain developers since January 2017. There are now many opportunities for blockchain developers, but clearly not enough skilled technicians to fill these gaps. Universities are seizing the opportunity to use this opportunity by increasing courses which focus on emerging technologies, such as DLT and cryptocurrency, including some top ivy league universities in the US.

 

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