BRAC University has signed a memorandum of understanding (MoU) with Turkish technology firm Nigella World to establish Bangladesh’s first “Blockchain Academy.” This collaboration aims to cultivate a skilled workforce in blockchain technology, with initial applications focused on advancements in agriculture and finance.
The MoU was signed at BRAC University’s Merul Badda campus by Professor Syed Ferhat Anwar, Vice Chancellor of BRAC University, and Fatih EKE, Group Chairman of Nigella World. The Blockchain Academy will offer specialized training for students and faculty, positioning BRAC University as a regional leader in blockchain education and technological innovation.
Blockchain, a decentralized and secure digital ledger technology, enables immutable data storage and is widely recognized for its applications in cryptocurrency. Beyond digital currency, blockchain’s potential extends to various industries by ensuring data integrity and minimizing reliance on intermediaries. The new academy will focus on real-world applications, starting with agriculture, where blockchain can streamline operations, enhance data accuracy, and improve supply chain transparency through BRAC Enterprises.
“Through this academy, we’re preparing a new generation to lead with cutting-edge technology, supporting Bangladesh’s advancement in the global digital economy,” stated Professor Syed Ferhat Anwar, Vice Chancellor of BRAC University.
Initially known for its agricultural innovations, Nigella World launched its blockchain suite in early 2024, which includes platforms like Nigella Chain, Explorer, Wallet, and Stake. Fatih EKE, Nigella World’s Group Chairman, emphasized the technology’s potential to revolutionize industries and facilitate fair trade by reducing traditional intermediaries in supply chains.
“I am confident that the young minds of Bangladesh can elevate their futures by mastering blockchain technology, bridging skill gaps in this rapidly evolving field,” remarked Fatih EKE.
The signing ceremony was attended by several prominent figures from BRAC University, including Professor Syed Mahfuzul Aziz, Pro-Vice-Chancellor; Professor Mohammad Mahboob Rahman, Treasurer; Dr. David Dowland, Registrar; and Professor Mahbubul Alam Majumdar, Dean of the School of Data and Sciences, among others. Senior officials from BRAC Enterprises and notable guests such as Ashraful Haq Chowdhury, Secretary General of the D-8 Chamber of Commerce and Industry, and Nigella World Adviser Laura Acar were also present.
With this initiative, BRAC University and Nigella World are positioning Bangladesh at the forefront of blockchain education in South Asia, paving the way for significant advancements in digital and economic growth.
