Immersive Education Initiative endorses Bitcoin

IED Summit01 June 2014 / Hyper Grid Business – BOSTON – The Immersive Education Initiative today announced that all official Immersive Education events will now accept Bitcoin starting with Immersion 2014 in Los Angeles next week, followed by the European Immersive Education Summit in Vienna this fall and the Immersive Researcher’s Summit in New York City next spring.

To encourage widespread adoption of Bitcoin throughout its global community the Initiative is giving one free Immersion 2014 ticket to attendees who register using the cryptocurrency. Details are available on the conference website.

Today’s announcement is the first in a series of forthcoming announcements related to the organization’s adoption and support of the virtual currency.

On Monday the Initiative will announce the world’s first global education scholarship funded entirely through Bitcoin, followed by the formation of an international council responsible for overseeing the scholarship and the Initiative’s related cryptocurrency and economics activities.

The organization’s long-term plans for Bitcoin will be revealed the morning of June 8th during the Immersion 2014 keynote address by the Initiative’s founding director Aaron E. Walsh, after which the potential for Bitcoin as a universal virtual currency will be addressed during the Business and Economics module at the conference.

Sponsored by Disney and Target, and hosted by Loyola Marymount University in collaboration with the Smithsonian Institution, Immersion 2014 features speakers and exhibits by Disney Animation Studios, the Smithsonian Institution, Google, Microsoft, Stratasys, Oculus, Oracle, Bitcoin and more. The event opens with a special Arts & Culture reception at The Getty Center….. Read more

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