Ripple Social Impact Leader Ken Webber: The Crypto Industry Needs Specialized Education
Ripple’s head of social impact, Ken Webber says that there is a huge gap in the number of talented people required in the crypto ecosystem and the amount of talent actually being trained in the academic circles are way too less.
This interest around the world is pushing various tech firms and other researchers to learn more about the extent that this technology can be implemented. There was an explosion of demand in the past 12 months for developers with blockchain skills.
It is expected that the demand to continue growing as businesses begin implementing its countless use cases, from digital identity and smart contracts to workforce management and distributed data storage.
Numbers can already be seen. Over 40% of the world’s top 50 universities already offer at least one class on blockchain or crypto assets. However, in many ways, these courses are tied to different disciplines such as law, engineering, mathematics and business administration. We need more specialized courses to truly cater to the growing needs.
“A large part of the issue is that companies need two types of blockchain professionals. Firstly, they need engineers who possess a deep understanding of the technologies and can implement changes immediately. Secondly, they need to fill non-technical roles with senior employees who can make decisions involving the application of blockchain to business objectives. To do this, however, these employees need a working knowledge of technology. The industry has a well-documented, yet growing skills gap that must be fixed.”
As for why the world of academia has been slow to introduce more robust offerings for blockchain-related courses, Weber remarks that the parabolic rise of blockchain technology has outpaced the rate at which academic institutions have been able to develop courses that will educate the next wave of blockchain talent.