Based on a recent report, Vitalik Buterin the popular Ethereum co-founder, along with some other notable people have been awarded a doctorate degree by the University of Basel which recently held its 558th annual Dies Academicus ceremony.
An honorary degree is usually awarded to notable people in the society for their various roles as well as their actions towards promoting an academic field. Usually, those given this honorary degrees are people who normally wouldn’t need it in the first instance.
The University of Basil which was founded in the year 1460 has awarded a doctorate degree to the following people:
*.Ethereum co-founder, Vitalik Buterin
*.Hospice founder, Verena Grether
*.Medical Engineer, Robert Riener
*.Federal Judge, Thomas Stadelmann
*.Neuroscientist, Thomas R. Insel
*.Theologian, Hans-Martin Barth
*.Illustrator, Armin Coray
*.Economist, Beatrice Weder di Mauro who was also awarded the Alumni Prize
Vitalik who dropped out of the University of Waterloo to pursue his dream of developing Ethereum after he was awarded the two-year Thiel Fellowship that awards $100,000. The award is usually given to 20 promising innovators under 20. The purpose of the award is to encourage them to pursue their dreams rather than waste time getting stuck in a classroom. Most people awarded this fellowship are usually already into something noteworthy.
Why Vitalik Buterin?
Regarding the reason why he was awarded the doctorate by the University of Basel, it was stated that:
“Vitalik Buterin received the honour in recognition of his contribution to promoting decentralization and equal rights of participation in the digital revolution, as well as for his achievements in relation to cryptocurrencies, smart contracts, and institutional design.”
The university also added that:
“The co-founder and inventor of “Ethereum” – a decentralized platform based on blockchain technology – authored his scientific publications without an academic degree or ties to a university.”
The university also made it known that the doctorate degree was from the University’s Faculty of Business and Economics.
Vitalik was born in Russia to a software engineer father and he was raised in Toronto Canada.