University of Notre Dame Signs Expansive Web 3.0 MOU with Crescite to include Joint Research Projects, Prototyping, and Blockchain Competitions
Tennessee, USA, March 21, 2024 — Crescite Innovation Corporation today announced that the University of Notre Dame is the latest organization to join its fast-growing community in a collaboration that will leverage Web 3.0 technologies for social causes.
Crescite combines the collective interest of faith-based communities and impact related investments to grow a global network of economic activity that is impactful, profitable, and sustainable. For example, the Crescite Protocol aims to build a decentralized finance (DeFi) model with the world’s first faith-based token.
The University of Notre Dame, a private research university based in Indiana, is the latest faith-driven organization to join Crescite’s community. Inspired by its Catholic character to be a powerful force for good in the world, Notre Dame’s core values resonate closely with Crescite, at the intersection of faith and technology.
The partnership will involve a collaboration between the university and Crescite on how to best leverage technology to support those in need.
“There are 1.2 billion Catholics worldwide within the wider 2.3 billion strong Christian community. For Crescite, working with Catholics and Christians to foster faith-based projects that deliver positive social impact will be core to achieving our goals. We hope that many more organizations like the University of Notre Dame will join our community to leverage the benefits of Web 3.0 technology for the greater good,” said Eddie Cullen, CEO of Crescite.
Cullen is an entrepreneur who is known for developing technology and providing regulatory leadership that always keeps public service in mind. Previously, Cullen was a candidate for Mayor of New York City and continues to provide leadership on many issues, including the provision of affordable housing.
Jarek Nabrzyski, founding director of the University of Notre Dame’s Center for Research Computing (CRC) and Blockchain Research Lab in the CRC, said, “We are pleased to come together with Crescite to help realize the potential that Web 3.0 offers faith-based and values-driven organizations.” Nabrzyski, a concurrent professor in Notre Dame’s Department of Computer Science and Engineering, added, “Through this agreement, Notre Dame researchers will play a key role in developing, testing, and refining the next generation of Blockchain technologies. There is a lack of proven digital tools for building sustainable, inclusive growth. Through this new collaboration, our students and researchers will be able to apply their technical expertise to be a greater force for good.”
“Technology can be used to solve problems, and we see ourselves at the intersection of technology, faith, and social impact,” said Karl P. Kilb III, Chairman of Crescite. “We are using aspects of Web 3.0 and new models to address a wide range of issues, including MC5 identity verification, access to capital, and payment security, creating financial inclusion, transparency, and greater efficiencies throughout the process.”
Kilb is an entrepreneur who focuses on authentication, cybersecurity, and sustainability. Previously, Kilb was the first General Counsel of Bloomberg LP, and he is also the Founder and Chairman of the Entrepreneurial Law Advisory Council at the Fordham University School of Law, where he is an adjunct professor of Entrepreneurship.
Major universities, municipalities, and blockchains are already among the entities that are collaborating with Crescite to develop and implement projects using Web 3.0 technologies.
About Crescite Innovation Corporation
Crescite Innovation Corporation is a Tennessee-based company that leverages new technologies and methodologies to solve problems, including ones involving faith-based initiatives and ESG projects. Please see www.Crescite.org for more information.