Wharton School To Accept Cryptocurrency As Payment Method

Wharton School will accept coins such as bitcoins as a payment method for its online blockchain and digital assets program, valued at $3,800

Cryptocurrency is no more an alien mode of exchange these days. From entrepreneurial giants to various national governments, many people are trying to incorporate digital currency as an accepted mode of transaction in business. A not-so-popular space where cryptocurrency has begun to thrive is in educational institutions. Many such institutes have begun to embrace digital assets as a means of payment. A new addition to this list is the Wharton School at the University of Pennsylvania. It's one of the top business schools in the US and it plans to accept cryptocurrency as tuition fees for its new executive education programme.

The Ivy League institution has decided to accept coins such as Bitcoins as a payment method for its online blockchain and digital assets program. The Wharton School, which is scheduled to open in January, offers the online course at $3,800. The Philadelphia-based business school is supposed to be crowded by several thousand students every year.

Wharton School has announced that it will use Coinbase Global Inc. to accept digital-asset payments. Coinbase Global Inc. is the largest cryptocurrency exchange in the US. The school is working with Prysm Group in order to develop the programme.

A report in Bloomberg quoted Guido Molinari, the managing partner at Prysm Group, as saying, “It's a program about blockchain and digital assets, we felt that we should talk the talk and walk the walk.”