The Royal Melbourne Institute of Technology (RMIT) became the first university to offer a blockchain course in Australia. On Tuesday the university announced that students can now take a short course on Blockchain Strategy. The course is in line with the mandate of Blockchain Innovation Hub launched in September last year.
The blockchain course, they said, will begin on 19th March this year and would last for eight weeks. The curriculum developed by Accenture, Fintech Hub Stone & Chalk, and RMIT Blockchain Innovation Hub, will cover the basics of blockchain and then use them to develop real-world business strategies. The course will cost 1,600 AUD (currently a special launch price of $1,300 for first intakes)
The subject of cryptocurrency and its underlying technology, blockchain has always remained a contentious issue. This is in part due to ignorance about the subject. Only a few people understand how cryptocurrencies and blockchain really work, and these few people still have to keep up fast changes associated with blockchain.
In spite of the volatility associated with cryptocurrencies, the adoption of blockchain has increased significantly. More and more organizations are finding ways to apply a decentralized ledger in their operations. Blockchain Trials by big organizations are becoming commonplace. Online chief executive officer of the university, Helen Souness commented on the opportunities that could come with blockchain. She said, “With every major innovation in technology comes great opportunities and new risks,”
This popularity of blockchain coupled with the wide knowledge gap in the industry means there is a real and growing demand for blockchain education. Vice-chancellor of RMIT, Martin Bean explained that “blockchain is now becoming a core part of contemporary digital literacy.” And His statement seems well informed; blockchain startups are already transforming areas like healthcare management, fintech, cybersecurity, real estate and energy management.
The Melbourne based university believes that an investment in blockchain framework is definitely worth it. According to Souness, “At RMIT we believe individuals and businesses need to understand technology quickly, to adapt their strategy to meet these opportunities.” “This course aims to do that.” She continued.
Australian has been receptive to the blockchain revolution. Last year the government invested $2.5 million (USD) in a peer-to-peer energy trading startup.