105 blockchain developers from the first cohort of the Africa Blockchain Center’s Blockchain Programming training course have graduated, according to the Kenyan Web 3.0 firm, which serves as Africa’s center of excellence for blockchain development.
Six African nations, including Kenya, Nigeria, Tanzania, Zambia, South Africa, and Benin, are represented among the 105 graduates. Among the training’s main takeaways for the students include, but are not limited to: Decentralization in Information Systems, Decentralization Principles, Bitcoin’s background and guiding principles, the fundamental building blocks of the blockchain technology, and decentralization as an information systems strategy, Introduction to Asset Tokenization, Decentralized Approaches to System Design, Use of Cryptography in Decentralized Systems, Alternative Digital Currencies and Tokenization, Overview of Smart Contracts Features and functions of cryptographic commitments in accounting systems, as well as current blockchain-based systems development (Cardano, Ethereum, Algorand, IoTEX).
The course, which lasted six months and was led by a network of international experts, focuses on teaching students the fundamentals of blockchain technology and decentralized systems while also guiding them through the different blockchain programming protocols with a particular emphasis on Cardano, Algorand, and Ethereum.
The Africa Blockchain Center was established in September 2021 with the goal of accelerating the adoption of 4IR (fourth industrial revolution) technologies throughout Africa. To this end, the center offers solutions to businesses interested in exploring the technology as well as an incubator for blockchain startups and businesses looking to make the switch from web 2.0 to web 3.0.
The global blockchain sector is struggling to find qualified personnel as demand for blockchain solutions rises. In the global blockchain industry, there is a mismatch between the supply and demand for talent, according to a recent study by LinkedIn Corp. and OKX utilizing data collected from 180 countries between January 2019 and June 2022. Qualified applicants are in short supply. According to the report’s data, the number of LinkedIn users working in the blockchain industry increased by 76% from January to June of this year, but talent growth is declining in the nations that create the majority of blockchain professionals.
“Given how new the technology is, there isn’t enough talent. Since there is no proven pipeline for blockchain expertise in place, the technology has been envisaged barely 13 years ago and has been the subject of years of discussion. We see the industry’s rapid growth and hope to join it as a partner in terms of blockchain capabilities. Mkungusi continued.
Many blockchain professionals do so as a hobby, learning the technology on the side while working a regular job. This makes evaluating potential hires more difficult because recruiters and hiring managers might not know what to look for (or the specific red flags) due to their own inexperience and ignorance.
“In the recent years, the number of blockchain-based projects has increased by 17%. Blockchain is earning its place at the cutting-edge-tech table through the acquisition of infrastructure for transparency in information sharing, the deployment of digital assets, and a variety of other use cases. The newly trained ABC cohort will therefore contribute to the blockchain ecosystem by being open to new opportunities and supporting organizations in Africa and throughout the world that require blockchain competence. Finally, Mkungusi said.
The Center is based on three models: (a) blockchain knowledge sharing and capacity building; (b) blockchain research and development that opens doors for the adoption and use of DLT throughout Africa and beyond; and (c) delivery of blockchain as a service (BaaS) to important sectors in Africa and beyond.
The Africa Blockchain Center is a partner of Emurgo Africa, a worldwide blockchain technology company offering solutions for developers, entrepreneurs, businesses, and governments, and is an investee company of Next Chymia, an international network of blockchain technology and financial services. a deeper understanding of The Africa Blockchain Center.