South Korea Opens “Blockchain Technology Development Strategy” Course For $90 Million


As the blockchain industry gains traction globally, governments and various institutions are encouraging courses on the technology, allowing professionals and students to learn and research in order to have a better understanding of the industry.

According to a report on Kinews, a South-Korean media outlet, the Ministry of Science and Technology in the country has made its first steps towards training the “first batch of blockchain specialist.” The ministry said that it hosted the first lecture about distributed ledger technologies (DLT), a course expected to be backed by 100 billion Korean Won, which is roughly around $90 million USD.

The students, who were based in Seoul at the Walton Blockchain Research Center, expressed their excitement, stating that they were prepared to be the first blockchain specialist to lead the way in developing the domestic blockchain industry.

Once the course is completed, the scholars will be put straight to work.

The secretary general of the Walton Group spoke about the matter, noting that:

“We will provide a one-stop shop for employment and business startups, as well as education for the professional training of employees, and we will strengthen the building of a healthy block-chain ecosystem.”

Interest On Distributed Ledger Technologies Surges Globally

Recently, Coinbase, one of the most popular and influential cryptocurrency brokers, released a report that highlighted the current state of cryptocurrency in “high education”. The data gathered by the company confirmed that about 42% of 50 foremost universities globally offer some kind of academically endorsed course related to blockchain. The report also indicated that 70% of the universities offer at least one cryptography related class relating to DLT in one way or another.

Although many may consider being past that stage in life or not taking the course at all, the statistics reveal that the blockchain industry is more far-fetching than many would think.

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