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University and IBM team to promote blockchain training

National University of Singapore faculty members will co-develop the curriculum of the new module with IBM researchers

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Blockchain helps create greater accountability, transparency and, potentially, trust
Blockchain helps create greater accountability, transparency and, potentially, trust

The National University of Singapore (NUS) and the IBM Centre for Blockchain Innovation (ICBI), part of IBM Research, are collaborating to develop educational modules on blockchain and distributed ledger technologies.

 

The new module on financial technology will be delivered at NUS’ School of Computing and is expected to be introduced in January 2018.

 

It seeks to equip students with an understanding of the fundamentals of the technology behind distributed ledgers, and its diverse use cases, from banking to digital currencies to supply chain management.

 

NUS faculty members will co-develop the curriculum of the new module with IBM researchers at ICBI to enable students to learn about the latest developments in blockchain technology, and encourage them to contribute to developing the technology further.

 

The module will be co-taught by NUS academic staff and ICBI staff who will use financial technology software such as Hyperledger Fabric, one of the five projects under the Hyperledger umbrella, to deliver the course content.

 

Hyperledger Fabric was initially contributed by IBM. The software will also be made available to NUS researchers for research purposes.

 

“Our collaboration with ICBI marks yet another important milestone in our continuous efforts to bring industry relevant knowledge to our classrooms and at the same time inculcate technological responsibility in our students by spearheading the development of financial technology in Singapore, as the nation strives to become one of the world’s key digital financial hubs,” said associate professor Hahn Jungpil, head of the department of information systems at NUS School of Computing.

 

“The new module forms part of the newly enhanced Information Systems degree programme in which a new specialisation in financial technology has been introduced. We are confident that our graduates will be well-prepared for the wide-ranging career opportunities in this fast-growing sector.”

 

Blockchain, or distributed ledger technology, is a distributed database of transactions shared across a network of trusted entities. Blockchain helps create greater accountability, transparency and potentially trust for all transactions and is currently being used in business applications across industries including banking and financial services, supply chain and logistics and retail.

 

“Blockchain is one of the most disruptive technologies in computing today, and it is impacting many industries including financial services, trade, healthcare and supply chain,” added Robert Morris, vice president Global Labs, IBM Research.

 

“This collaboration with the National University of Singapore School of Computing will help prepare a future workforce that is born on blockchain, ready to implement, improve and innovate: core skills required for Singapore to achieve its vision as a smart financial centre and smart nation.”

 

Under the collaboration, ICBI will provide technology support in the form of access via the IBM Cloud to the Hyperledger Fabric blockchain framework. IBM is an early contributor Hyperledger, a Linux Foundation project, which has more than 129 member organisations.

 

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