Specialized workforce needed as crypto and blockchain courses enter colleges
Although useful, it may take some time for all major universities and colleges to start offering blockchain and cryptocurrency courses. For example, Lupien noted that limited resources are a challenge for universities looking to expand their curriculum. “As a nascent technology, there are few faculty that have both the academic credentials as well as the experience to effectively teach this technology — but that is changing rapidly,” Lupien said.
Moreover, students might question the relevance of these courses due to the fact that crypto and blockchain aren’t entirely mainstream. Piergiacomo Palmisani, vice president of the Blockchain Acceleration Foundation — a nonprofit organization helping universities incorporate blockchain curriculum — told Cointelegraph that for students, the challenge is to get them interested enough to choose a career in blockchain over a safe and well-paid job in tech, finance or any other field. “I believe that, as more success stories come out of the crypto industry, students will be more attracted to it,” he said.
Read full article
Transforming ideas into a tradeable asset – how tokenization will disrupt Intellectual Property Rights
Simply put, a blockchain is a distributed, decentralized database. The copies of these databases are stored on a large number of servers. A single update on one server results in simultaneous updates of the data on all others. Transactions in blockchain-based platforms cannot be changed afterwards and are mostly transparent. Tokens can now be linked to these transactions, primarily as digital representations of valuables, ownership, money or securities. Transactions are transferred and updated in real-time, and all processes are automated and standardized via smart contracts. Objects of value are recorded in an unchangeable data structure and managed by an algorithm based on cryptographic mechanisms. Thus, numerous points of friction in today’s economy can be counteracted preventively. These features make blockchain a predestined fit for establishing a universal and user-friendly database for storing information and value of all the protected intellectual properties. This would for instance significantly ease the processes of mergers and acquisitions.
Read full article