An industry partner of Waterloo Engineering in the fields of crypto currency and blockchain technology is opening a new office in Toronto – its first in Canada – to support growth in North America and the rest of the world.
Ripple, a leader in enterprise blockchain and crypto solutions, has strong ties to Waterloo through the University Blockchain Research Initiative (UBRI), a relationship formed in 2018 to support research in several key areas while providing opportunities for students to acquire valuable technical skills.
Anwar Hasan holds the Ripple Chair at Waterloo Engineering.
“Through our UBRI partnership, graduate students are trained on the latest in blockchain and its underlying fundamentals so they’re well-prepared to enter the workforce,” Anwar Hasan, a professor of electrical and computer engineering who holds the Ripple Chair at Waterloo, said in a media release.
“Ripple and UBRI have played an important role in helping to foster talent within the University and with the opening of its Toronto office, we’re excited to see our graduates continue their blockchain journey in a city with a fast-growing tech scene.”
The company said it plans to initially hire 50 engineers in Toronto, with a goal of expanding to hundreds of blockchain software engineers, including applied machine learning scientists, data scientists and product managers.
“Crypto and blockchain present an incredible opportunity for engineers to tackle difficult problems, with the potential for these solutions to impact the movement of value around the world,” said Brad Garlinghouse, the CEO of Ripple.