Token Economy Association Launches Blockchain Course in Strategic Collaboration with Singapore Polytechnic

Token Economy Association (TEA SG), an industry-sponsored, self-regulatory organization (SRO) for the Singapore digital assets industry, has launched a Blockchain course in a strategic collaboration with Singapore Polytechnic (SP). This is the first Blockchain course offered by a polytechnic to working professionals.

The demand for blockchain developers is on the rise. However, there is a severe skill shortage in this space. The demand has been unparalleled as legacy enterprises and the most promising start-ups look to build upon on this early-stage technology. For example, IBM and Mastercard have already filed more than 80 patents each for blockchain-related technology, but companies are struggling to find sufficient talent to develop their initiatives.

“The growing demand for blockchain skills needs a collaborative response. The industry cannot rise to its potential without a skilled workforce. This course will bridge the demand gap for blockchain talent with the right education.” said Mr. Chia Hock Lai, Chairman of TEA Singapore.

“We have seen a growing demand from employers and programmers to develop blockchain skills. A fintech collaboration with TEA SG will help SP develop the next generation of tech talent in the ecosystem,” said Mr Suresh Punjabi, Director of SP’s Professional and Adult Continuing Education (PACE) Academy.

The FinTech – Blockchain (Beginner) course, which will be offered in February 2019 at SP, will be conducted by Dr. Ernie Teo, a former research scientist at IBM’s Center for Blockchain Innovation in Singapore.

The course is designed to introduce working professionals to blockchain application development and join the ranks of the blockchain professionals in the financial services industry. During the course, the students will also explore the impact of this emerging technology on the financial sector and examine the ways in which innovations in digital technologies and changes in consumer practices are disrupting traditional business models and financial regulation.

By the end of the 120-hour course, the students will learn how to set up a Blockchain, create cryptocurrencies and develop smart contracts.

According to Paysa, the average blockchain developer salary in Silicon Valley is US$95,545 with the best engineers in the field commanding a salary of about US$140,000. ) Driven by the red-hot jobs market in the sector, blockchain developers are among some of the highest paid developers out of any professional field.

For more information on the course, please refer here.