Nocturus reached an agreement today to fund the Blockchain Research Lab at Xi’an Jiatotong-Liverpool University. The lab will be hosted in the XJTLU Computer Science and Software Engineering department and run by Dr. Charles Fleming, Associate Professor, and Dr. Xin Huang, Lecturer. The lab will perform basic research to advance the state of the art in blockchain technology.
According to the terms of the agreement, Nocturus will contribute 1.2 million RMB to the lab over two years (approximately 200 thousande USD), which will be matched by the University. Additionally, the Suzhou city government will match this contribution from their industry development funds, pending final approval.