Gibraltar is working to increase blockchain awareness in the crypto-friendly zone as the government has announced the setting up of a new advisory group that will focus on the development of blockchain courses. The news reported by the Gibraltar Chronicle on October 19 shows that the government is working to create blockchain resources for the fledgling industry.
The group is named the New Technologies in Education (NTiE) group and is reportedly a joint initiative between the University of Gibraltar and the local government along with inputs from a number of tech firms in the British territory. The NTiE will work to address issues in both the government and private sector and train personnel for the future.
The courses will be launched later this year and will be designed with significant input from the industry innovators that are setting up shop around Gibraltar and getting approval from the financial regulator. The Gibraltar university will use the opportunity to develop more human resource in the field including in DLT, coding and smart contracts. Professionals who pass this course will be eligible for a Certificate of Competence as well.
According to the Minister of Education John Cortes:
“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.”
Gibraltar’s attempt to boost its blockchain resource is badly needed as the self-governing country is seeing more and more crypto startups being set up. The government needs to catch up if it needs to be as competitive as other blockchain hubs in Europe including Switzerland, Malta, and Germany.
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