Walton Blockchain Institute, Korean Standards Association Partner To Foster Blockchain Development

Blockchain, Education, News | June 18, 2018 By:

The Walton Blockchain Institute and the Korean Standards Association (KSA) is working together to promote top-notch research and development in the field of blockchain technology and implementation.

The Walton Blockchain Institute was launched earlier this month by radio frequency identification (RFID) and Internet of Things (IoT) supply chain management company Waltonchain. It is the first blockchain research and education institute approved by the Ministry of Science and ICT of the government of the Republic of Korea. The institute is devoted to raising blockchain talents, promoting the development of the blockchain technology and boosting its expansion in Asia.

The KSA is a public organization under South Korea’s Ministry of Trade, Industry and Energy (MOTIE). It was founded to contribute to the development of Korean economy by boosting industrial standards and quality management, thus promoting scientific techniques and improving production efficiency.

Both parties will cooperate on blockchain education program design and operation, the inclusion and operation of the blockchain private qualification system and qualification verification, and participation and operation of government support topics in the blockchain industry. They will launch a training course on the issuance of blockchain qualifications, and introduce a Blockchain Expert Qualification Certificate, a private-certified qualification. The first appraisal exam will be held in the second half of this year.

“The purpose of this partnership agreement is to promote blockchain-related technical education, cultivate talents and enhance IT professionalism,” said Lim Hyeon Cheol, Managing Director of the Korea Standards Association. “The achievement of the blockchain education is our current priority and the cultivation of blockchain talents is the cornerstone for the development of the future blockchain technology.”

The partnership is the latest in South Korea’s continued efforts to be a leader in the integration of blockchain technology in the Fourth Industrial Revolution. Kim Dong-yeon, South Korean Minister of Strategy & Finance, recently said that: “Blockchain technology may be one of the cores of the fourth industrial revolution. Blockchain development can really change the world.”