BioBuzz Media Completes Inaugural University of Maryland Blockchain Accelerator Program

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BioBuzz Media, the go-to community platform for biotech job seekers and industry professionals looking to access employers and plug into regional biotech communities, today announced its completion of the inaugural University of Maryland Blockchain Accelerator program. BioBuzz and other participating companies pitched to more than 70 attendees, including investors, mentors and industry leaders at Demo Day on May 4, 2022. 

Are Life Sciences Companies Going To Be Late To The Blockchain/Digital Assets Party?

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As of this week, there’s been heavy reporting that the Biden Administration has prepared new guidance on digital assets that could be released at any moment. Most of these reports suggest that the guidance will be centered around directing government agencies to study the potential benefits of Central Bank Digital Currencies (CBDCs), or tokenized versions of the US Dollar ($USD). These CBDCs have the capability to be minted on-demand and are programmable based on monetary policy set by the Federal Reserve and other entities. There’s other uses when paired with other digital assets that have the potential to improve and modernize the global financial system.