Blockchain master’s degree is now available at the University of Malta where more than 35 students have already enrolled in the program. Let’s check out the study guide in the blockchain latest news today.
The ‘’Blockchain Island’’ has now a government authority to certify the distributed ledger platforms and regulations to manage smart contracts including a framework for launching ICOs. The University of Malta is now offering a Blockchain Master’s degree and Distributed Ledger Technology course which began its inaugural semester this October with more than 35 students enrolling in the island’s nation only DLT-specific program which offers these programs as a part of the very few countries which offer the same. This is one of the latest changes in the Malta education system by including blockchain degrees which marks the effort keeping the title as one of the best places for blockchain technology development in the world.
The lawmakers in the country started passing blockchain-friendly laws and many high-end industry players such as Binance and OKEx moved their headquarters to the island. In less than one-year crypto companies started moving ashore and more businesses joined later. The master’s program director Joshua Ellul who also heads the Digital Innovation Authority of the country explained that in addition to the 15 companies who have already reached out to the DLT students, there is also a high demand for the government-run blockchain projects, initiatives, and contracts.
Last year, the Maltese government granted 300,000 EUR to fund program scholarships. The course will train the students in blockchain law and regulation, finance and blockchain but also information and communications technology. The students will listen to the program for three full semesters and will gain exposure to two other fields. Ellul explained that the academic diversity prioritizes a broad base of knowledge and the Blockchain professionals were also experts in the sector of the industry but very few can tie the other strands together. He explained:
“We noticed a huge problem between techies and lawyers and business professionals. There was a communication disconnect between us. We thought: ‘this would be the perfect place to have a master’s, one serving the multidisciplinary purposes of the different specializations.”
TikTok Owner Launches Blockchain Venture With Chinese Media Group
"A unit of ByteDance has 49% of the new firm, which has registered capital of 10 million yuan ($1.4 million); Shanghai Dongfang Newspaper Co. owns the rest, according to a statement on the National Enterprise Credit Information Publicity System, an official business registration website," the publication wrote.As they show, the joint venture was launched in the capital of eastern China - specifically the Shandong province Jinan - on December 10. There was a registered capital of 10 million yuan ($1.43 million) where ByteDance owns 49% and the rest of the venture is owned by the Chinese media group.Meanwhile, TikTok is a giant and a social network with more than 500 million monthly active users. As such, it is the second most downloaded app in the Apple App Store in the United States. The short video feed is completely managed by a purpose-built AI which predicts and delivers content that the user will likely prefer.Even though it is still not clear how the TikTok owner ByteDance could benefit from the blockchain technology, a possible use case shows that the collaboration might extend to digital media data verification. For instance, the US law enforcement Axon Enterprise aims to test blockchain for its body cameras and fight deepfake AI-generated videos.Meanwhile, recent reports in the blockchain news today show that the technology is rapidly maturing and seeing wide adoption in China. As we reported before, earlier this month the Bank of China issued 20 billion yuan ($2.8 billion) in blockchain financial bonds as reports showed. China is also expected to conduct the first real world test of its central bank digital currency in the near future.All in all, TikTok is a major player and since it taps into a technology like blockchain, we can expect many new developments and potential use cases for the tech that is backing cryptocurrencies like Bitcoin in the future.
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‘’Chainalysis is a top-of-the-line, comprehensive and privacy-safe compliance solution aligned with what we were seeking to keep bad actors off of our platform, while protecting the privacy of our users.’’The solution does not include information about the users’ ID which is kept strictly in-hour. The company noted they are very excited to work alongside the Chainalysis team and to build a safe and robust platform for the users. The transaction tracking has been done voluntarily but it seems limited. The exchanges have ended up liquidating coins that originated from hacks or other malicious activities and there are a lot of unknown wallets where funds from Ponzi Schemes reside.Bitfinex has left its spot as a top exchange and does not carry a lot of amounts as the activity tanked by 97 percent but the operator remained prominent and is concerned about transparency.
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