Famous crypto exchange platform, Huobi Group, has announced its progressive collaboration with Singapore’s National Trading Union Congress (NTUC) Learning Hub in order to combine forces to promote blockchain technology education through series of courses which will be directed at exposing students to the nukes and crannies of the millennial innovations such as Blockchain and Distributed Ledger Technology (DLT).
Based on the press release by the partnering companies, it appears that the partnership aims to increase the level of awareness of persons with a keen interest in the virtual currency sector or its bedrock technologies. This is to introduce them to the core as well as the basics of bitcoin (BTC) and blockchain technology with exposures to the practical applications of the world’s first cryptocurrency.
An Insight into the Partnership
Being undoubtedly one of the most renowned institutions in the country and well known for retraining and professionals and technologically updated professional to ensure that they keep up with the speed of light which the global financial ecosystem is advancing.
The National Trading Union Congress of Singapore has regarded the partnership with Huobi as a practical step to execute the previously existing project announced by founder Leon Li last year use a significant fragment of the company’s revenue to boost education as blockchain technology is concerned and to promote the culture of solving problems characteristics of the blockchain technology.
The collaboration framework is also set to birth an array of seven-hour courses which will be aimed at furnishing participants with practical knowledge of the blockchain technology’s most rudimental concepts such as fundamental theory, smart contract, infrastructure and how to store, trade and use the virtual currencies in various ways.
The bigger picture of this partnership agreement to is being able to offer courses with the required content to expose students to various practical exploitations of the bitcoin through the cryptocurrency market immersions. Students will also be able to acquire knowledge based on real-life practical trading circumstance so as to efficiently build their capacity to function in the Crypto market once they understand the trading strategies and how the market values Bitcoin and other virtual currencies which will be taught.
The result of the Coinbase research shows that almost half of the top 50 reputable universities in the world have already introduced at least one crypto or blockchain course to its curriculum, this implies that the labor market would be welcoming new sets of students with requisite knowledge of the emerging sector.
In the first quarter of this year, the level of demand for the blockchain- related skills increased at an essential 6000 percent with some counties adjusting their immigration laws to accommodate experts in this field. This indicates a long-term advancement towards the blockchain and DLT-related workplace skill requirements.
The partnership is considered a necessary move at this instant time because it is glaring that blockchain technology has eaten deep into the society’s root with its application in almost all endeavor. It would be disastrous to have a boom in an industry with few experts, the introduction of several courses can keep the innovation alive. It is exigent to note that course such as ‘computer engineering’ came as a result of computer invention, courses in blockchain would further advance the technology to its full capacity.