The Royal Melbourne Institute of Technology (RMIT) has established the RMIT Blockchain Innovation Hub to explore the social science of blockchain technology. In an announcement today, RMIT unveiled details of the research center focused on blockchain technology, an innovation that the university believes will become “a core infrastructure for the global economy.” The hub is being proclaimed as the world’s first research center aimed at exploring the social science of blockchain technology. The research center will be led by Professor Jason Potts from RMIT’s School of Economics, Finance, and Marketing. Professor Ian Palmer, pro-vice chancellor business and vice-president at the university stated: The RMIT Blockchain Innovation Hub is the only full-service, research, learning and industry-linked blockchain body in the world. Blockchain, the underlying tech that powers cryptocurrencies like bitcoin, will ‘revolutionize businesses as we know it in the coming ye...