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One of the features that have made Ethereum such a viable platform and a worthy challenger to Bitcoin’s dominance is its implementation of what’s known as the Ethereum Virtual Machine . The EVM is an execution environment that runs on all network nodes that facilitates the use of smart contracts. It’s those smart contracts that make Ethereum’s blockchain a global computational device, rather than a mere financial system. Smart contracts on the EVM can run games, execute complex financial transactions, or even operate social networks.
Bentley was one of the first universities in the world to issue NFTs. Bentley University is now accepting cryptocurrency for tuition payments, becoming one of the first universities in the U.S. to offer students this new digital option. The move highlights Bentley’s long-standing commitment to leading the way in the early adoption of technologies changing the business Go to the website world. The movement occurred through four transactions, with the largest one involving 8K bitcoin (BTC-USD), worth ~$300M. All four of those transactions transferred the crypto to the same cold wallet, which now owns 19,244 bitcoin (BTC-USD) worth ~ $765M.