University System of Georgia (USG) to Offer FinTech Academy Blockchain Degree Programs
Buoyant on blockchain: Academic institutions in Georgia to Provide Degree Programs on Financial Technology
The University System of Georgia (USG) declared that it is unveiling of a fintech academy all over the state of Georgia. The announcement, which was made on September 11, will be the largest academic effort of its kind in the US.
A number of individual universities have been keen to provide blockchain courses. Institutions like Stanford and NYU have offered such courses. However, the state of Georgia is opening the program to all the students presently pursing degree courses in all colleges in Georgia’s public university system.
Additionally, experts and graduates who also want to join the fintech sector are invited to register for the programs.
Georgia Fintech Prospectus Full Of Blockchain Tech
Also known as the Georgia Fintech Academy, the program will be made up of two in-person venues located in downtown Atlanta area for classes which will be conducted on campus. Courses will also be carried out online, as well as in departments which are located within the state. Once a student completes the programs, they will be given recognized credentials or degrees.
In as much as this is a large scale venture, Georgia as a state intends to make fintech education available to all the residents in the state. The State also wants to focus on experiential learning via apprenticeships. In as much as this huge effort could be seen as being too risky, it however makes a precise distinction between fundamental technologies and individual virtual assets.
According to Jim Senn, the founding director of the program, there ought to be a distinct separation between virtual assets from blockchain, or the distributed ledger. In as much as Ethereum is an application, blockchain is an innovative technology which is based on the distributed ledger.
Blockchain Technologies Still In Their Foundational Stages
Jim goes ahead to assert that the fundamental blockchain technologies are still in their foundational stages, though University System of Georgia seems to have placed its bet on increasing its embrace and adoption in the state at large. The industry around blockchain is still in its early stages. In many ways, it is more like the beginning of the internet, before the worldwide web was introduced.
The community involved in its technology is just beginning to advance the tools as well as practices in order to make blockchain a viable technology for commerce and administration. As a center for fintech technology, Atlanta is currently seeking experts from private firms to teach key curricula for blockchain applications. This include business banking, supply chain logistics and the advancement of software.
Georgia’s innovative fintech program will be instrumental in being an increasing push for the United States to up its game all over the nation on matters distributed ledger technology. The US intends to continue being competitive in this field globally.