By Emily E. NelsonAssociated PressThe Montana Technology University is looking for a full-time researcher to conduct research on how Bitcoin is transforming the way technology companies access the state’s high-tech expertise.
The university announced Thursday that it has hired John S. Bienvenu as a full time researcher to investigate the impact of Bitcoin on high tech high-frequency trading.
“Bitcoin is revolutionizing the way businesses access and utilize the state of Montana technology,” Montana Tech President Dr. Jon Wiegand said in a statement.
“This is a critical time for our industry, as Bitcoin has made its presence felt across the state.
We look forward to collaborating with our students and faculty on this exciting project.”
Bitcoin is a digital currency with an anonymous network of computers that are used for anonymous transactions.
The currency is used to buy goods and services and is widely used by online businesses to facilitate transactions and trade.
The technology is also used by some major U.S. tech companies including Amazon, Apple and Microsoft.
Bitcoin has been gaining traction in Montana and other high-profile states across the country as the value of Bitcoin has skyrocketed in the past few years.
The value of Bitcoins has nearly quadrupled in the last year, and it’s up nearly 400% in value since the beginning of 2017.
Montana Tech has a student population of about 7,000.
The tech school has had a strong reputation in recent years for research and innovation.
In 2014, Montana Tech announced the creation of a $15 million research center focused on the future of high tech.
Last year, Montana Technology won the James M. Stearns Fellowship for Technology Research.