Bangladesh Funds Graduates To Learn Blockchain

Bangladesh Funds Graduates To Learn Blockchain

Blockchain News
August 6, 2019 Editor's Desk
144
The Bangladesh government will purportedly invest funds from its $208 million IT project to send graduates for blockchain training in India and Japan. A blockchain is the structure of data that represents a financial ledger entry, or a record of a transaction. Each transaction is digitally signed to ensure its authenticity and that no one
Bangladesh Blockchain

The Bangladesh government will purportedly invest funds from its $208 million IT project to send graduates for blockchain training in India and Japan.

A blockchain is the structure of data that represents a financial ledger entry, or a record of a transaction. Each transaction is digitally signed to ensure its authenticity and that no one tampers with it, so the ledger itself and the existing transactions within it are assumed to be of high integrity.

According to the report from The Daily Star, Bangladesh’s English language newspaper, Bangladesh authorities are arranging to send 100 fresh IT graduates abroad to educate and gain expertise in the distributed ledger technology, artificial intelligence, machine learning, and cybersecurity.

Along with the same, the government will also send 200 computer science, software, electrical and electronic graduates to learn more about the future IT trends.

The description of the program is available on the Bangladesh Hi-Tech Park Authority’s official website, where candidates can apply easily. As perThe Daily Star, candidates under the age of 32 will haveto take an exam with the Information and Communication Technology (ICT) Division to qualifyfor the same.

The program will be supplied by a governmental fund created with an Indian line of credit especially too pioneer 12 district ICT and hi-tech parks. The project’s fund, worth 17.96 billion Bangladeshi taka ($208 million) was purportedly launched for implementation in July 2017 and will last tillJune 2020.

Institutions of higher learning around the globe have been prioritizing education and developing programs in blockchain technology, due to its high potential. The University of British Columbia, a Canada-based University, introduced a blockchain technology training program for the Masters and Ph.D. students in June.

Last week, as reported earlier, Ripple collaborated with Kyoto University and the University of Tokyo as part of its University Blockchain Research Initiative. The University of Tokyo will reward scholarships to students doing research on blockchain, while its economics department holds seminars on the same.

At Kyoto University, freshly graduated students are hosting blockchain-related research in areas like supply chain management, among many other industries.

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