Swiss BSV to establish blockchain academy in the Middle East
The first blockchain school in the Middle East will open in Riyadh, Saudi Arabia, according to an announcement by the BSV Blockchain Association. The new institution will reportedly provide training and development tools for government organizations and enterprises interested in adopting or experimenting with blockchain technology.
Per the announcement, the Saudi Blockchain Academy (SDA) will work with the Swiss-based Bitcoin SV (BSV) Blockchain industry association to educate experts about new technologies, assisting in implementing Saudi Vision 2030.
The Ministry of Communications and Information Technology (MCIT) of the Kingdom of Saudi Arabia established the SDA as a major national project to develop both human capital and digital skills for the future and prepare its youth for employment in communications and information technology sector.
The BSV association and SDA will collaborate through Riyadh's new blockchain academy to provide learning and development resources for various audiences, including developers, students, startup entrepreneurs, business executives, and government agency officials.
Blockchain technology has seen a wide range of potential applications in many areas such as financial services, healthcare, and telecommunications, among others. Many big tech companies, including Google and IBM, are actively participating in developing blockchain-based applications.
Per the announcement, the school will focus on the BSV blockchain and is part of a growing number of sector-specific educational programs launched by the SDA. Eng. Faris AlSaqabi, Deputy Minister for Future Jobs & Capabilities at MCIT said:
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