Malta, the Blockchain Island of the Mediterranean, has one of the most pro-blockchain systems ever created. They certify distributed ledger platforms; they regulate smart contracts and have frameworks for launching ICOs.
The most logical next step would be to have a master’s program in there as well.
The University of Malta is beginning its inaugural semester of their Masters Blockchain and Distributed Ledger Technology. This course starts this October, with around 35 students that have enrolled. This marks the only DLT-specific master’s program in the entire island nation, and one of a handful of programs around the world.
This is the latest step in an all-out charge Malta has been doing for the past two years to embrace anything and everything Blockchain.
Back in April 2017, Joseph Muscat, Malta’s Prime Minister, unveiled the plan for Malta to become a heavyweight in the Blockchain. The exact words of the Prime minister were “global trailblazer.” This is the unpopular choice nowadays with DLT, with most of the world governments lagging behind, or outright going against DLT as a whole.
The Maltese were quick to jump on the DLT train, with their Lawmakers quickly passing blockchain-friendly laws. Naturally, this caught the industry heavyweights’ gaze. Binance, the world’s largest per-volume crypto exchange, and OKEx both announced they would relocate to Malta.
Under a year of Malta making this move, and it’s already giving them a lot of profit. Crypto firms across the globe were packing up and coming to Malta, with more business on the way.
Joshua Ellul, Masters Program Direct and head of Malta’s Digital Innovation Authority, talked to the press about the matter. He stated that there was a high demand for his DLT students. Ellul elaborated that 15 companies have already contacted them, with high demand in the government-backed blockchain contracts, projects, and initiatives as well.
It seems there’s no lack of demand for highly trained blockchain-versed applicants.
Connecting the Lawyer, the Coder, and the Entrepreneur
The Maltese government had granted 300,000 euros to find program scholarships just last year Ellul also stated that they had a hand in the program’s development.
The course itself trains the students in blockchain law and regulations, information and communication technology, as well as business and finance. Students will follow their focus concentration for three semesters, gaining a bit of exposure in the other two fields along the way.
Ellul explained that the academic diversity prioritizes a broad base of knowledge. He continued by stating that Blockchain professionals need to be experts in the sector of the industry, but only a few could tie the pieces together.
He explained how the typical coder lacks any legal knowledge. A lawyer usually doesn’t know how to launch a business, and the entrepreneur doesn’t know how to code most of the time. Ellul explained that they had noticed this considerable problem: A disconnect in communication between these three groups. The multi-faceted course plans to change that.