US Lobby Launches Educational Program for Blockchain Talent

The Wall Street Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Read this Term Alliance (WSBA), an American distributed ledger technology advocacy group, has announced that it is establishing a new educational structure for the field, called the WSBA Certification Framework (WCF), in partnership with Positrust LLC.

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The group explains that it is responding to its members demands for blockchain talent and that the program will cover disciplines such as business analysis, systems architecture, coding, cyber security, operational management, and system migrations.

Ron Quaranta, Chairman of the WSBA, commented: “As we have often noted throughout the financial markets, one of the industry’s greatest challenges is the lack of a large pool of technical and business expertise regarding blockchain or distributed ledger technology. As this technology expands into greater use cases in financial markets, the ability to train and maintain knowledge in this evolving field will continue to become ever more important. We are very pleased to partner with Positrust to launch the WCF, and look forward to collaboratively contributing to the growth of blockchain usage in the future”.

Andrew B Kasaija, a managing partner at Positrust added: “…beyond the hype and theoretical use cases, there is a dire need for technologists who understand the product side of implementation, integration and migration. The right skills mix will deliver the anticipated deployment saves attributed to DLT in an efficient and cost effective manner. The WCF Proof-of-concept aims to mature the delivery models required for implementations in the industry, and ideally help pave the way for practical approaches to the adoption of DLT in capital markets.”