The Korean Standards Association (KSA) stated on June 11 that it has signed a partnership agreement with the Walton Blockchain Institute on the development of the blockchain technology to embrace the Fourth Industrial Revolution.

The Korean Standards Association, a public organization under South Korea’s Ministry of Trade, Industry and Energy (MOTIE), was founded to contribute to the development of Korean economy by boosting industrial standards and quality management, thus promoting scientific techniques and improving production efficiency.

President of Walton Blockchain Institute Kong Jong Ryul (Left) and the Executive Director of the Korea Standards Association Lim Hyeon Cheol (Right)

Through this agreement, both parties will cooperate in the following three aspects:

1. Blockchain education program design and operation;

2. The inclusion and operation of the blockchain private qualification system and qualification verification.

3. Participation and operation of government support topics in the blockchain industry.

Walton Blockchain Institute collaborated with the Korea Standards Association to launch a training course on the issuance of blockchain qualifications, and introduce a Blockchain Expert Qualification Certificate, a private-certified qualification. The first appraisal exam will be held in the second half of this year. Blockchain expert qualifications are classified into Level 1 and Level 2; Level 2 requires a written test, and Level 1 is assessed through a written test and an interview.

The managing director of the Korea Standards Association Lim Hyeon Cheol emphasized: “The purpose of this partnership agreement is to promote blockchain-related technical education, cultivate talents and enhance IT professionalism.” The achievement of the blockchain education is our current priority and the cultivation of blockchain talents is the cornerstone for the development of the future blockchain technology.

As a Chinese saying goes, “It takes ten years to grow trees but a hundred years to rear people”. The Walton Blockchain Institute will devote itself to the long term cultivation of blockchain talents. This will ensure the deepest roots to grow the largest forest of the tallest trees in blockchain history.

News article in Korea Media: http://www.hankookilbo.com/v/70dce678be2140d7a14aba2e0b581265

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