One of the biggest signs of the growth of the blockchain industry is its expansion into the world of academia. This is because as the technology enters the new phase of maturity, there is the need for a trained workforce to provide services in the industry. This has been seen in several universities such as New York University and the University of Tokyo offering some sort of training with regards to blockchain technology and also the fact that several institutions around the world are beginning to issue their certificates via blockchain in an attempt to curb certificate fraud.
According to an October 21, 2019 report, the University of Malta is now offering a masters degree in Blockchain and distributed ledger technology and already has about 35 students enrolled within the course.
Blockchain in School
It is no surprise that such a development will be taking place within Malta as the country has shown itself to be very open towards blockchain and cryptocurrency and is even dubbed the blockchain island for a reason. This development also shows that there is a growing need for a blockchain in the workforce and as such, educational institutions are providing this necessary training.
According to Joshua Ellul, director of the master’s program and chairman of Malta Digital Innovation Authority, a lot of the students of the masters degree program have already been contacted by about 15 companies and will likely be employed shortly after finishing their studies.
“We noticed a huge problem between techies and lawyers and business professionals. There was a communication disconnect between us. We thought: ‘this would be the perfect place to have a master’s, one serving the multidisciplinary purposes of the different specializations,” he said.
It was just last year that the University of Malta teamed up with the Malta information and technology agency to set up a $335,000 blockchain scholarship fund for which an overview was given on the official website at the time.
“The multi-disciplinary Master of Science in Blockchain and Distributed Ledger Technologies aims to attract students having an undergraduate first degree in ICT, Business or Law. […] The program provides both an interdisciplinary view of Blockchain and DLT, as well as specialization within either an Information and Communications Technology, Law or Business area,” their website said.