RMIT Blockchain Hub Shifting to New Model: Staff Concerned About Research Impact

A Strategic Realignment

RMIT is transitioning its Blockchain Innovation Hub into a broader research group under the finance school by 2025, citing the need for more efficient resource use. The move reflects a shift towards enhancing areas with direct student impact, aligning with the university’s broader strategic goals.

Concerns Over Research Focus

Launched in 2017 as a trailblazer in blockchain studies, the Hub now grapples with funding and output challenges. Starting in 2025, researchers will juggle teaching and research, raising alarms about whether this model can sustain RMIT’s prominence in blockchain innovation.

Timing and Industry Context

With blockchain technologies drawing renewed attention and Bitcoin’s value surpassing $100,000, RMIT’s decision has sparked debate about its long-term commitment to the field. Staff resistance underscores fears of eroding the university’s leadership in blockchain research.