The program was founded in 2016 by André Wolke (Validity Labs AG) with the drive to push education for innovative new technologies into universities and to help Switzerland to become one of the leading hubs in Blockchain and IoT space. The Blockchain & IoT School (bIOTs) is an educational event for academic students hosted by academic institutions and supported by technology providers and industry experts. For one week, students from all over the world are invited to participate and learn about new innovative technologies in the fields of Blockchain and IoT, directly from the technology inventors. But they also create an output while writing a paper, working on a proof-of-concept or building a minimal viable product. Some students from selected universities will even have the opportunity to gain credits fro their activities during the week.