Waltonchain have signed a partnership agreement with the Korean Standards Association (KSA), a public entity under South Korea’s Ministry of Trade, Industry and Energy (MOTIE), to co-operate on key areas of blockchain development. The agreement was signed on June 11 to promote top-notch research and development in the field of blockchain technology and implementation.
The KSA is focused on the development of the Korean economy by improving industry standards and quality management leading to production efficiency. Walton blockchain R&D Institute located in Seocho-Gu, Seoul, was founded in April with the intention of training in all areas of blockchain technology. Between them, they have now introduced a Blockchain Expert Qualification Certificate – a private-certified qualification – that will see students sitting exams later this year. Unlike most current tests, who rely only on multiple choice questions, this one will include both written and oral examinations.
The partnership also identified the need for a system of private certification and verification of blockchain expertise. The Walton Blockchain Institute will offer training courses and expert qualification certifications during the second half of this year.
Lim Hyeon Cheol, managing director of The Korea Standards Association said: “The achievement of the blockchain education is our current priority and the cultivation of blockchain talents is the cornerstone for the development of the future blockchain technology.”
Waltonchain came to market last year through an ICO and, although this Chinese-Korean team is perhaps best known for their RFID technology, they are committed to the broader space of the Internet of Things (IoT) and integration of the blockchain into all areas of commerce.
Waltonchain has become one of the most popular and innovative coins from the eastern hemisphere. Earlier this month, they made headlines for saying that they aim to be an amalgamation of Qualcomm and Cisco for the blockchain industry.