Korea, China, and Australia are betting on the long-term potential of cryptocurrency and blockchain

South Korea, China, and Australia have launched Blockchain and cryptocurrency-related courses for graduates and government officials. It seems these three powers are betting on the long-term potential of crypto.

Three significant powers are betting on the long-term potential of cryptocurrency

On May 26, Melbourne’s RMIT University opened graduate courses in Blockchain and cybersecurity. In it, as the site shows, the varsity targets technology graduates and startup founders with the necessary skills for a new market. This is a course launched by IBM and Palo Alto Networks, lasting nine months.

RMIT stated:

“The global blockchain industry is expected to rise over 80% year-on-year, and only one in 20 managers can find relevant talent.”

Rupert Colester of IBM Australia stated:

“Cybersecurity and blockchain technologies are emerging as business-critical skills, and we are delivering the training that provides those skills in our workforce.”

Earlier this year, one of the top 20 universities globally, Australian National University and Ripple Labs, also launched Blockchain law courses. It is a course that explores the trend of the legal and digital currency framework while equipping graduates with all the knowledge related to cryptocurrency and their position in financial systems. Global.

The Central Party School of the Communist Party of China (CCP) published a book as part of an ongoing series on disruptive technologies, which includes AI, Blockchain, machine learning, and another upcoming tech. This is the book that goes back to the early ages to explain fiat currency, providing readers with a definite overview of how paper money came into being, the creation of credit and lending, how debt plagued the world, and finally, several negatives about the current financial system.

Last year, Zhenjiang University opened its blockchain graduate course, while Chengdu University began its Bachelor’s Degree in Blockchain Research this year.

South Korea is intensifying Blockchain testing

In Korea, Daejeon University has opened a new laboratory, focusing on Fintech called Future Convergence. The lab is investing in Blockchain and Fintech infrastructure to equip students with the necessary skills.

Daejeon University stated:

“The knowledge of blockchain and fintech may bolster employment among Korean graduates, who suffer the ill-effects of a saturated job market.”

Officials, using a China-Esque philosophy, believe the adoption of newer technologies will foster talents for the fourth industrial revolution.

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