Hong Kong Getting Ready for an Influx of Blockchain Experts

The government of Hong Kong has announced that it would launch the first-ever Talent List in the country with the aim of attracting quality individuals especially blockchain experts across the globe. The offer is expected to extend to experts in 11 professions which is described as the most important job profile required in the country’s economic advancement.
Some of the suitable professions of “Innovation and technology experts” include; Artificial intelligence (AI), blockchain technology, robotics, data engineering, biometric ad industrial/chemical engineering just to mention but a few.
This is definitely an opportunity for job seekers around the world, especially those who are enthusiasts and advocate of the blockchain technology, Hong Kong is set to experience an influx of experts in this sector as a part of the country’s unique immigration policy seeks to attract experts in the industry.
Hong Kong is already attracting prospective candidates as the government is ensuring that their immigration service is in order to authorize individuals through Hong Kong’s Quality Migrant Admission Scheme (QMAS). Matthew Cheung Kin-Chung, chairman of the country’s human Resources Planning Commission, stated that;

“Hong Kong welcomes talents from all over the world with valuable skills, knowledge, and experience to work here, bringing their talent into full play and further developing their careers.”

According to the scheme’s objective, its aims to “enhance Hong Kong’s economic competitiveness.” And despite being established in 2006 for all nationals, though with certain exceptions such as age, which is 18, the Quality Migrant Admission Scheme has been able to garner quota for 1000 successful applicants already.

Preference for Blockchain Experts

The government has confirmed that preference would be made for blockchain specialists, while applicants will be necessitated to fulfill specific prerequisites by choosing to assess under a General Points Test or an Achievement-based Point Test, blockchain experts will be awarded “bonus marks” granted under the proposed General Point Test system of the Quality Migrant Admission Scheme.
Also, some necessary criteria for admission are that the applicants must prove their financial buoyancy, indicating if they are self-sufficient as well as their academic background. A spokesman reportedly stated that; ‘normally a first degree from a recognized university or a tertiary educational institution.’
Though in the determination of expertise in the blockchain sector, it is not wholly based on academic degrees as technical qualification is peculiar to this emerging sector, the commission has commendably made this an exception to an academic degree.
It was further noted by establishing a distinction compared to other traditional job-related visa categories is usually chosen by professions seeking greener pasture in Hong Kong. Stating that;

 “Successful applicants are not required to have secured an offer of local employment before their entry to Hong Kong for settlement.”

It was earlier reported that The Hong Kong University of Science and Technology Business School was awarded a sum of $20 million research grant which was apparently borne out of the desire to improve the quality of electronic payment security and ensure a world class financial system in the economy.

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