Technology

The University of Malta Offers a €300,000 Blockchain Scholarship Program

The Mediterranean Island is Determined to Lead the Blockchain Way

The University of Malta and the Malta Information Technology Agency (MITA) have signed a strategic partnership where the €300,000 fund will be made available for students who wish to study the blockchain and distributed ledger technology in the coming academic year.

Clear Regulations are the Basis for Advancement

This initiative follows Malta’s early July’s decision to regulate cryptocurrencies and blockchain to provide the foundations to make new technologies the stepping stone of the country’s development.

“This is the last stage of the legislation that will put Malta on the international map for blockchain and crypto regulation. There is political consensus on this roadmap and we are foreseeing that this area will be the mainstay of our economic growth for the next 4-5 years,” stated Maltese Parliamentary Secretary for Digital innovation and Finance Silvio Schembri at the time.

Prime Minister Joseph Muscat deduced that Malta has to be on the frontline in embracing blockchain and Bitcoin. He stated: 

“We must be the ones that others copy.”

And those words echoed throughout the industry, indeed, as the likes of Binance and OKex migrated to the island state in order to protect their businesses.

Funding Program Aims to Provide Experts to Companies Based in Malta

There is no real business without the necessary human resources, therefore, this education funding program is a noteworthy attempt to train the new generation of experts who will be able to stay in Malta and work in the high-tech industry of their choice.

“These companies need technical resources both to build and to operate by use of this technology, as well as experts in financial services, law, and managerial roles,” Silvio Schembri, the Junior Minister for digital economy said in an interview given to a prominent crypto-news outlet.

“We look forward to seeing the first Maltese occupying these important and well-paid roles, whilst also hoping that these will expand considerably in the future as the industry continues to grow here in Malta,” he revealed his Government’s vision.

The Funding Isn’t Exclusively for Developers

The Maltese Government is looking towards all-encompassing schooling to cover all aspects of the distributed ledger technology (DLT) industry.

University rector Alfred Vella stated that the university will be conducting degree and Master’s programmes in law, finance, ICT and other areas to include units relating to DLT, blockchain, cryptocurrencies, AI, fintech, and regulatory technology.

Indeed, cryptocurrencies and blockchain cannot survive without the adequate support coming from lawmakers, financial experts, etc. Malta seems to be one of the first ones to realize that and undertake specific measures to enable the business to flourish.

Malta’s future sure looks to be paved with blockchain technology, and, looking at how thing stand at the moment, it wouldn’t be surprising if more industry’s giants pack their bags, by a boat ticket, and land on the blockchain island of Malta.

Luka Kapetanic

An ex-restaurant business owner turned cryptocurrency fanatic, with over 12,000 followers on investfeed.com. Miner, Investor, trader and, above everything else - a writer, with coinlive.io, and cryptodigest.com in his jobs portfolio.

Related Articles

33 Comments

  1. I’ve noticed that fixing credit activity ought to be conducted with tactics. If not, you will probably find yourself endangering your standing. In order to reach your goals in fixing to your credit rating you have to ascertain that from this second you pay any monthly dues promptly before their scheduled date. It is significant for the reason that by never accomplishing that area, all other activities that you will choose to adopt to improve your credit rating will not be successful. Thanks for expressing your strategies.

  2. I do love the manner in which you have framed this issue and it does provide me personally some fodder for thought. On the other hand, from just what I have witnessed, I simply trust as the comments pile on that folks continue to be on point and don’t get started on a tirade associated with some other news of the day. Anyway, thank you for this superb piece and even though I can not go along with it in totality, I value the point of view.

  3. One thing is always that one of the most widespread incentives for utilizing your cards is a cash-back or even rebate present. Generally, you’ll get 1-5 back for various buying. Depending on the card, you may get 1 back again on most purchases, and 5 in return on expenses made using convenience stores, filling stations, grocery stores in addition to ‘member merchants’.

  4. In line with my observation, after a the foreclosure home is available at an auction, it is common for any borrower to still have the remaining balance on the mortgage. There are many financial institutions who aim to have all fees and liens paid by the next buyer. Even so, depending on certain programs, polices, and state guidelines there may be several loans that are not easily fixed through the transfer of financial loans. Therefore, the duty still rests on the borrower that has obtained his or her property in foreclosure process. Many thanks sharing your notions on this site.

  5. Charles Migaud, consultant SEO à Lille, vous accompagne pour rendre visible votre entreprise dans les moteurs de recherche. Le bon positionnement de votre site web et de votre blog est la clef d’un trafic régulier et de qualité !

  6. Does running a blog like this take a large attention-grabbing discussion is worth comment.
    It’s difficult to find knowledgeable people using the same blog platform 바카라사이트”Anyways I am here now and would just like to say thank you for a marvelous post It’s on a completely different subject but it has pretty much the same layout and design.

  7. Hello There. I found your weblog the usage of msn. That is a very neatly written article. I will make sure to bookmark it and come back to read more of your helpful info. Thanks for the post. I?ll certainly comeback.

  8. magnificent points altogether, you just gained a logo new reader. What would you suggest about your submit that you just made some days ago? Any positive?

Close