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University Offering 100% Online Program Accepts Bitcoin Payments
- July 28, 2021
- 4:36 pm
Updated September 13, 2022.
California Intercontinental University (CIU) has launched a new payment gateway via caluniversity.edu/pay, allowing students to make tuition payments through numerous options. These payment methods include Visa, Mastercard, American Express, PayPal, Apple Pay, Google Pay, Amazon Pay, and many more. One of CIU’s latest payment options is Bitcoin and the stablecoin USDC, which are two forms of cryptocurrency.
What Is Cryptocurrency?
Cryptocurrency is a virtual currency secured by cryptography, making it nearly impossible to counterfeit, according to Investopedia. This type of currency is often built on a decentralized network based on blockchain technology — a distributed ledger enforced by a network of computers. Cryptocurrency is not issued or controlled by any central government authority, making it more resistant to manipulation.
What Is Cryptocurrency?
Cryptocurrency is a virtual currency secured by cryptography, making it nearly impossible to counterfeit, according to Investopedia. This type of currency is often built on a decentralized network based on blockchain technology — a distributed ledger enforced by a network of computers. Cryptocurrency is not issued or controlled by any central government authority, making it more resistant to manipulation.
Why Use Cryptocurrency?
As educational institutions begin accepting emerging payment technologies, CIU has taken the initiative to provide students with the opportunity to cover their tuition costs using cryptocurrency. CIU continues to adapt and embrace modern financial innovations as a technology-first business university, aiming to deliver an exceptional online experience. According to Bitcoinist.com, “Colleges interested in growing will ultimately begin to view Bitcoin as a viable payment option for incoming and existing students.” California Intercontinental University remains dedicated to driving innovation and delivering extraordinary value to its students.The Future Of Cryptocurrency
Cryptocurrency is still in the early stages of mass adoption. However, large organizations and countries continue to explore and implement digital assets. Reuters previously reported that El Salvador made Bitcoin legal tender, and PayPal has integrated cryptocurrency into its payments platform. Additionally, an expert interviewed by CNBC noted that “cryptocurrencies will disrupt traditional finance because one of their most attractive utilities is the ability to efficiently transfer payments across borders with little to no cost, delay, or foreign currency fluctuations.” CIU strives to remain at the forefront of technological advancement to offer its students a dynamic and forward-thinking learning environment. Implementing a cryptocurrency payment option reflects that commitment.Read more blog posts
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