Australian University awards funding to local Bitcoin exchange

A Brisbane-based Bitcoin exchange has caught the eye of Queensland’s University of Technology (QUT), which awarded the start-up $15,000 in funding.

Digital Surge was selected among eight innovations to receive the money, as part of QUT’s ‘Bluebox Accelerator’ program.

“We look for the most innovative start-ups across all disciplines,” said the program mentor Dr Tim MacTaggart.

“This year we have a bright group who cover the emerging Queensland interests including cryptocurrency, retail and some of our most pressing social issues such as homelessness.”

The QUT Bluebox accelerator is a three month intensive program aimed at getting start-ups reading for fast-tracking commercial growth.

As well as the funding, selected teams receive funding, mentorship, education and office space.

Digital Surge co-founder Josh Lehman says the recognition is exciting.

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