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The National University of Singapore’s (NUS) School of Computing announced the establishment of the CRYSTAL (Cryptocurrency Strategy, Techniques, and Algorithms) Centre, an academic research laboratory and think tank targeting to become one of the world’s foremost blockchain and cryptocurrency research institution.

The research center will engage in productive interaction with the industry to draw up new research problems and propose solutions. In the beginning, the center will comprise between five and ten faculty members and several scholars who are experts in various research areas.

Located in NUS University, the center will conduct research on scalable consensus protocols, verification and testing techniques, blockchain applications, fundamentals of trading cryptocurrency, analysis of cryptocurrency economics, highly available peer-to-peer network designs, etc.

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