Crypto Giant Huobi Partners with Singapore Trade Union to Promote Blockchain Skills

Huobi Group has announced a partnership with Singapore’s National Trading Union Congress (NTUC) Learning Hub to launch a joint effort to promote blockchain education via a series of courses focused on the nuts and bolts of blockchain and distributed ledger technology.

According to a press release shared with CCN, the joint venture aims to introduce people with interest in cryptocurrency or financial technology to the core fundamentals of bitcoin and blockchains, intending to exposing them to the practical uses of the world’s premier cryptocurrency.

Catching Up

Research figures indicate that close to half of global top 50 universities already offer cryptocurrency and blockchain courses, a number that looks set to grow as student interest snowballs in spite of the crypto industry downturn. In Q1 2018, the demand for blockchain-related skills increased at an estimated 6000 percent, indicating a long-term shift toward blockchain and DLT-related workplace skill requirements.

As one of the most renowned institutions in Singapore with a reputation for retraining and upskilling professionals to enable them to keep up with the fast evolving global financial ecosystem, NTUC sees the partnership with Huobi as a critical part of its strategy to keep Singapore’s workforce globally competitive. For Huobi, the partnership forms part of an existing initiative announced by founder Leon Li in 2017 to use a proportion of the company’s resources to boost blockchain education efforts and promote real-world use cases for blockchain technology.

Under the partnership framework, a range of seven-hour courses will be offered with a target of furnishing students with a working knowledge of blockchain technology’s most important concepts including basic theory, infrastructure, smart contracts, and how to store and use of cryptocurrencies.

The plan is for future courses to explore how students can practically exploit the potential of bitcoin through crypto market immersion. Students will be exposed to real life trading scenarios to develop their understanding of trading strategies and how the market values bitcoin and other cryptocurrencies.