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⭐ Features
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Blockchain Education Becoming More Accessible and Attainable

  • Darryn Pollock
    ⭐ Features

    Blockchain courses, and education in the new technology is getting more accessible as the London School of Economics makes it an online course

Blockchain Education Becoming More Accessible and Attainable
Cover image via u.today

Recent news from the London School of Economics (LSE) is suggesting that an education in Blockchain technology is becoming more attainable as people hurry to pick up on the burgeoning and revolutionary technology.

Online Blockchain courses from the LSE, as well as a host other independent courses, are now readily available for any aspiring Blockchain developers with the demand for people educated in this new sector at a premium.

Importance of educating in Blockchain

As Blockchain technology makes it deeper and deeper into mainstream society, there is more interested in owning cryptocurrencies, but also added interest in building and understanding Blockchains for a number of different sectors.

Blockchains have been growing in sectors that are as large as banking, government, and major corporations- such as Amazon and Microsoft. To this end, the companies involving themselves in blockchain technology need educated employees who understand the space.

However, because the first Blockchain only came out 10 years ago, and in small circles with limited interest, there are hardly any seasoned veterans who are available for hire. This means that education is one way of upskilling Blockchain students in order for them to add value to their companies, but also to the space.

The Blockchain space is still plagued with teething problems, such as hacks, scams, and badly built projects on Blockchain, and thus, it is important for the space to get professionals who know what they are doing to advance the Blockchain ecosystem.

Spreading globally

It is unsurprising to see that Blockchain courses are coming up in all different forms, not just from the LSE in their online offering. There is news of IBM even offering free Blockchain courses to Indian students, as well as five Spanish speaking universities holding Blockchain courses for their students.

Of course, it is also business for those offering the courses at universities and business schools are in their own race to offer such courses. There is a real hunger to work in the Blockchain space with reports stating that Blockchain developers in the US earn almost $130,000 yearly.

Taking advantage

However, although there is a demand for learned Blockchain developers there has also been instances where companies are looking to take advantage of the situation. A job fair in Korea proved this as Ivy-League educated Blockchain developers were turned away from wealthy companies for demanding too much money.

In the end though, Blockchain technology is set to play a bigger role in the future of this planet, and thus, it is good for students to be at the forefront of the future. Learned Blockchain professionals will not only help boost businesses, they will build better Blockchains.

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About the author

Darryn Pollock is an award winning  journalist from Durban, South Africa. He picked up Vodacom’s Regional Sports Journalist Award in 2017 while expanding his Blockchain and cryptocurrency reach.  He is a contributor to Forbes, Cointelegraph, Binary District, and of course, U.Today. Darryn’s belief is that Blockchain technology will be the driving force of the next technological wave and it is the obligation of journalists and writers to tell its emerging story with integrity and pride.

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📰 News
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54% of Richest Binance Users Keep Their Portfolio Between 1-10 Coins

  • Vladislav Sopov
    📰 News

    New research reveals that the richest institutional and VIP clients avoid portfolio diversity, use USDT, and still believe in Bitcoin.

54% of Richest Binance Users Keep Their Portfolio Between 1-10 Coins
Cover image via 123rf.com

Binance Research recently published their second Institutional Insights Report, highlighting the structure of the investments, trading strategies, and approach to stablecoins. The report analyzed the positions of 76 participants speaking English & Mandarin Chinese, primarily from investment firms, funds, and institutions.

Fat Cats Go 'All-In'

One of the most interesting outcomes from the recent report is the structure of investment portfolios held by VIP and institutional clients. It was disclosed that 54% of respondents kept their cryptoasset portfolio between 1-10 coins. While the majority invested in a broad range of asset classes such as equities, currencies, fixed-income products, real estate, and commodities (including gold), 35% of respondents were crypto-focused with more than 80% allocated to crypto assets.

Thus, we can see that one in three major investors is highly "crypto-focused". New classes of rich people, whose portfolios depend on the volatility and unpredictability of crypto market, are being formed right now.

Positive Sign for BTC Price?

Obviously, the question about their approach to Bitcoin (BTC) and stablecoins were also raised within the framework of their research. It came as no surprise that the rich still believe in BTC. Institutional and VIP clients are expecting BTC to maintain its market dominance (69%) through the end of 2019. Binance Research added that this result "echoes their fear of the altcoin market, losing any interest from retail participants".

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Among the stablecoins, USDT remained the most widely utilized (40%) because it offers greater liquidity and higher market capitalization than its peers. The report also found that BUSD and USDC were less popular from the rest of the pack.

Should we seek some insight from the rich? Explain your views on Twitter!

Subscribe to U.Today on Twitter and get involved in all top daily crypto news, stories and price predictions!

About the author

 Blockchain Analyst & Writer with scientific background. 5+ years in IT-analytics, 2+ years in blockhain. Worked in independent analysis (Crypto Briefing) as well as in start-ups (Swap.online, Monoreto, Attic Lab etc.)

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