Gibraltar Sets up Advisory Group to Create Blockchain-Related Courses

Across the globe, lack of adequate number of professionals hampers innovation in blockchain technology and Gibraltar is no way different. To resolve the problem, the Government of Gibraltar has partnered with the University of Gibraltar to establish an advisory group that is centered on the development of blockchain-related educational courses.

The New Technologies in Education (NTiE) group is allegedly a combined plan between the government, the University of Gibraltar, and several leading tech firms based in the country. Subsequent to the development of new technologies in Gibraltar, the NTiE will tackle the need for associated skills both in the private sector and at the governmental level.

The courses, which are anticipated to be introduced later this year, will also be supported by “significant input” from industry players who are in the path of getting licensed by the Gibraltar Financial Services Commission.

Gilbert Licudi, a Queen’s Counsel and the minister managing proceedings in the University of Gibraltar, said “Providing access to innovative courses with expert input from those using this technology in the private sector is a vital component in the development of a sustainable distributed ledger technology (DLT) commercial community in Gibraltar.”

Under the initiative, the university will supposedly build and improve mastery in new technologies such as DLT, coding and smart contracts. Furthermore, the University will also issue a Professional Certificate of Competence within this area. The government explained

“The launch of the NTiE advisory group continues to build momentum for Gibraltar as a hub for new technologies, following the announcement in January 2018 that Gibraltar would be the first jurisdiction globally to introduce legislation around Distributed Ledger Technology.”

According to Minister for Education, John Cortes’, just 27% of universities across the globe make available blockchain-related courses, whereas half of the top 50 renowned international universities offer courses related to blockchain. This implies that interest in the blockchain technology and crypto sector in general is growing.

A study on blockchain- and crypto-related courses conducted in August show that they are most popular in the US. Notably, only five of the 18 universities appraised, functioning outside of the US, teach at least one subject related to these topics.

Last month, New York University (NYU) via the NYU Stern School of Business turned out to be the “first” university in the US to present students a major in blockchain technology. Following the rise in the number of students aspiring to become a blockchain professional, this school yer, NYU supposedly doubled its course offerings.