Vitalik Buterin: Ethereum inventor receives doctorate

Vitalik Buterin, founder and galleon figure of the Ethereum blockchain and the corresponding ether token, can now call herself “Doctor Buterin”. At the Dies Academicus on 30 November, the University of Basel awarded him an honorary doctorate.

We present Bitcoin profit

At the Dies academicus on 30 November, the University of Basel awarded Vitalik Buterin an honorary doctorate along with the Bitcoin profit writer Hansjörg Schneider. Accordingly, the press release states about Bitcoin profit:

“The Faculty of Economics awarded its honorary doctorate to 24-year-old Russian-Canadian software developer and author Vitalik Buterin. He was honored for his contribution to promoting decentralization and equal participation in the digital revolution, as well as for his achievements in crypto currencies, smart contracts, and institution building. The co-founder and inventor of “Ethereum” – a decentralized platform based on blockchain technology – wrote his scientific papers without an academic degree and university ties”.

Dr. Vitalik Buterin – inventor of Ethereum, galleon figure of Bitcoin profit

This makes Buterin, born in 1994 (!), the first and youngest honorary Bitcoin profit doctor in the blockchain field. The Canadian-Russian software developer began to learn Bitcoin profit at the age of 17. Without a university education, he acquired the necessary skills to extend the idea of the Bitcoin blockchain to Smart Contracts. With the “intelligent contracts” – the name suggests it – contracts can be mapped on the blockchain. It then executes them automatically. Based on the Ethereum blockchain, the basis for the majority of all ICOs is also mapped: the ERC20 tokens. As controversial as the ICO financing model may be, Buterin has thus taken the Bitcoin ecosystem a long way forward.

Blockchain in Basel
In addition to the Center of Innovative Finance, which was involved in the award ceremony, the Blockchain ecosystem is flourishing in Basel. The Blockchain Leadership Summit 2018 recently took place in Basel. There, greats from the ecosystem met and discussed the digital future and the development of Blockchain technology.