The Institute For the Future (IFF) at the University of Nicosia announces its partnership with PumaPay.

 The Institute For the Future (IFF) at the University of Nicosia announces its partnership with PumaPay.

PumaPay becomes a founding member of the Institute for the Future, a new interdisciplinary research center of the University of Nicosia that aims to expand the understanding of blockchain and AI as well as their effective integration, contributing to their effective application in industry, government, education and society in general. IFF’s vision is to become a leading academic research center spearheading interdisciplinary research and innovation across Cyprus, the EU and the world.

PumaPay is developing a unique payment protocol that will enable merchants to easily accept payments in cryptocurrency with the convenience and versatility of payment scenarios currently only available via credit cards, such as recurring payments. By bringing this convenience to the blockchain, PumaPay aims to redefine the payments system. Multiple global brands, have already committed to implementing the PumaPay solution, including Wix, Fashion TV, Rent24, IronFX.

The University of Nicosia (UNIC) was among the first universities in the world to embrace the technologies of the 4th industrial revolution, including the blockchain. The University has launched the first-ever Masters’ Programme in Digital Currency (MSc) and keeps advancing its academic studies and research of the blockchain and related fields.

PumaPay CEO Yoav Dror commented:

‘Blockchain technology holds great promise for the future – not just in payments, but in nearly every sphere of our life. As we develop our innovative payment solution, in the way that has never been done before, we consult with the brightest minds and latest research of this new industry. We see ourselves as a bridge between the academic research and real-world practical application of the blockchain technology as we develop our payment solution’,

George Giaglis, Director of IFF at the University of Nicosia, says

We are excited to welcome PumaPay as a Founding Member of the Institute For the Future. As IFF aspires to become a leading source of research and technology development at the intersection of exponential technologies, including blockchain, it is essential to bring together both large corporations and innovative start-ups working on these technologies. We expect PumaPay’s expertise in blockchain-based payment protocols, coupled with the know-how of our other corporate and academic members, to contribute significantly to realizing IFF’s vision’