• 5ire will offer ADU faculty and staff members comprehensive training and a "train-the-trainer" certificate program
  • Both parties to organize a hackathon hosted at ADU for school and university students

Abu Dhabi, UAE: In a bid to broaden its blockchain technology programs, Abu Dhabi University (ADU) signed a Memorandum of Understanding (MoU) with 5ire, a fifth generation blockchain ecosystem, to strengthen blockchain education, research and entrepreneurship. Through this collaboration, both parties will identify and support compelling projects on blockchain technology, with a specific focus on sustainability and accessibility.

The MoU was signed by Professor Ghassan Aouad, Chancellor of ADU, and Pratik Gauri, Co-Founder and CEO of 5ire, in the presence of senior officials from both organizations.

As part of its commitment to expand the course offerings, ADU will work closely with 5ire to build a comprehensive framework that will provide educational opportunities for students, including courses and workshops focused on blockchain technology and its applications. In addition, 5ire will provide financial sponsorship for ADU’s UAE national students, who have met the criteria and are interested in obtaining professional certifications or pursuing degrees focused on blockchain courses. The criteria includes but is not limited to academic performance, financial need and demonstrated interest in blockchain technology.

Furthermore, the partnership will focus on providing resources to support students and researchers that are interested in developing and commercializing projects based on blockchain technology. ADU and 5ire will work on a business plan to launch a blockchain academy with a profit-sharing model to offer professional certifications accepted within the UAE and throughout the region. The parties will organize a hackathon hosted at ADU for both school and university students, as well as offering hands-on training and mentorship to the hackathon participants. A training program will also be arranged to ensure that they have the necessary skills and knowledge to advance and commercialize projects focused on 5ire's blockchain technology.

5ire will offer ADU faculty and staff members comprehensive training and a "train-the-trainer" certificate program, to enable them to effectively support future training efforts and integrate 5ire technology into the curriculum for undergraduate and post-graduate programs. The University students and faculty will also be provided with access to both 5ire’s software and hardware technology and curriculum for teaching and research purposes.

Prof. Ghassan Aouad, Chancellor of Abu Dhabi University (ADU), said: “We are thrilled to be partnering with 5ire to further advance our programs and offer our students a well-rounded technological experience that builds on their skillset required for the career market. This collaboration aligns with our mission to continuously develop our programs and offerings to empower our students to grow, succeed and prepare them for their future careers and leadership roles in their respective fields. At ADU, we strive to be up to date with the latest advancements across all sectors, we believe that blockchain technology has the potential to transform a wide range of industries and we are delighted to be at the forefront of this transformation.”

Pratik Gauri, Co-Founder and CEO of 5ire, said: “We are delighted to be working with Abu Dhabi University (ADU) to advance blockchain education, research and entrepreneurship in the UAE. Our technology is designed to address the problem of low blockchain adoption due to sustainability and accessibility challenges. By partnering with ADU, we will be able to provide students and researchers with the necessary skills and knowledge to develop and commercialize projects that can have a positive impact on society and the environment.”

ADU and 5ire will work-hand-in-hand to explore the potential uses and benefits of 5ire's blockchain technology. In addition to establishing collaborations with companies and organizations in the region that are working on related projects and could benefit from 5ire's technology. The collaboration will also yield the development of case studies presenting the application of 5ire technology in areas such as sustainability, supply chain and logistics.

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About Abu Dhabi University:

Abu Dhabi University (ADU) is one of the region’s leading academic institutions and one of the UAE’s top three universities according to the Times Higher Rankings, working in line with the UAE Government’s National Agenda to deliver internationally accredited academic programs and world class research. Established in 2003, with campuses across Abu Dhabi, Dubai, Al Ain, and Al Dhafra, the University has a total enrollment of over 7,500 students from over 100 nationalities. Structured into Colleges of Arts and Sciences, Business, Engineering and Health Sciences, ADU offers over 50 undergraduate and graduate programs across a wide range of disciplines.

Abu Dhabi University is known for its cutting-edge, internationally accredited programs, additionally, ADU’s graduates are highly employable and work in high jobs and further studies with the university and other prestigious institutions. ADU provides its diverse faculty and students with world-class resources, facilities and learning opportunities that foster innovation and support researchers in the production of knowledge and research-based problem solving. The University enjoys strong international collaborations with leading academic institutions and with public and private sector organizations. With institutional accreditation from the US-based Western Association of Schools and Colleges’ Senior College and University Commission (WASC), ADU is ranked 301-350 universities in the world according to the 2023 Times Higher Education World University rankings and received 5 stars in the 2022 QS Stars rating. Abu Dhabi University is among the top three universities in the UAE in holding prestigious accreditations at institutional, college or subject level.

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Media Contacts
Weber Shandwick for Abu Dhabi University
Sara Farrah
Sfarrah@webershandwick.com

About 5ire

5ire is a blockchain company whose mission is to make blockchain sustainable and accessible for over one billion people by 2030. The company aims to address the problem of low blockchain adoption due to sustainability and accessibility challenges. 5ire is a layer 1 blockchain ecosystem designed with economic and environmental sustainability at its core.