Blockchain Collective spearheads technology education in the Philippines
Blockchain Collective, Australia’s first and only Government Accredited Advanced Diploma of Applied Blockchain, is now in the Philippines.
As blockchain and distributed ledger technologies (DTL) are being adapted into new and legacy businesses in various industries, the need to educate the next generation of experts has become imperative. In recent years, blockchain and DTL have seen their application in industries, such as finance, and are now being touted by future-thinking enterprises and progressive governments as the way of the future. However, industry research shows there is a huge lack of skilled people in this field.
“There are lots of people who understood coding on the blockchain, but when it came to actual strategic thinking on how to apply blockchain to business, that is when there’s a massive gap in the market,” said Austin Lewinsmith, co-founder of Blockchain Collective. “Currently, there are lots of universities that were doing blockchain short courses but without any certifications.”
Blockchain Collective, which was founded in Australia, has become the first and only government accredited Advanced Diploma of Applied Blockchain. Its blockchain education program empowers enterprises, educators, and students to lead the future in blockchain and distributed ledger technologies. Servicing the growing demand for qualified and skilled people in the application of blockchain worldwide, its education is designed to equip graduates with the knowledge and experience to apply blockchain frameworks into business.
“The new course has been developed to ensure that this emerging industry has enterprise-ready graduates with the knowledge and experience to apply blockchain frameworks in existing and new businesses,” said Lewinsmith.
Dr. Jackqui Moreno, Vice Dean for Accountancy & Business of the College of Arts and Sciences in San Beda University, says the accountancy profession has evolved so much in the past years; and since the Board of Accountancy already included blockchain in its course outline for the CPA Licensure Examinations, it become more imminent for the academe to immerse students with skills to help them navigate the future of their industry.
“We like to make sure that the students understand in the accountant’s perspective what blockchain is all about, because if you are not transparent about the transaction then many people will be losing trust in the transaction processing. And understanding this really will help our students become future professionals who really understand how technology affects corporate governance, and how it will also be affecting the business community,” she explained. “We are passionate about offering emerging technology education to our students and are pleased to be the first delivery partner of Blockchain Collective in the Philippines,” said Dr. Moreno.
Blockchain is the future
Recognized for their ability to drive productivity, blockchain and DTL can address duplication, record keeping, and international payment inefficiencies in today’s financial sector, as well as providing better automation, traceability and transparency.
Blockchain Collective held its first-ever Blockchain Accounting Workshop at the San Beda University on May 2-3, which was designed to prepare 200 Accounting and Finance students with a sound foundation of blockchain knowledge to confidently sit the CPA exam. Training combines a theory, practical and a demonstrative approach.
The two-day intensive workshop delivered practical and relevant skills, knowledge, and examples of Blockchain’s uses, benefits, and limitations. It guided the students through the process of understanding Blockchain’s history, evolution, terminologies, current place in the market, and its potential to disrupt many industry sectors. Seminar attendees were also given the opportunity to navigate a blockchain explorer.
The seminar also provided lifetime access to Learning Management System and resources (via online portal), seminar kits, online examination, and Certificate of Attendance that is recognized globally.
In conclusion, Joseph Chua, President of Blockchain Collective-Philippines, said that the company aims to solidify the Philippines as the leading hub for talented and employable graduates in Blockchain.