Australian public research university RMIT is launching the country’s first dedicated online short course on blockchain technology, the underlying innovation behind cryptocurrencies like bitcoin.

The emergence of blockchain as a disruptive, game-changing technology has spurred Melbourne-based RMIT University to offer Australia’s first online course on the sector. The 8-week program, titled ‘Developing Blockchain Strategy’, will kick off on March 19 with a curriculum co-designed by the RMIT Blockchain Innovation Hub and other industry experts including Asian FinTech hub Stone & Chalk and services giant Accenture.

The entry-level program will cost AUD$1,500 and will be open to all entrants, students or otherwise, on learning how to adapt and apply blockchain technology across industries.

RMIT vice-chancellor Martin Bean underlined the emergence of the blockchain sector, stating:

“Blockchain is now becoming a core part of contemporary digital literacy and we’re delighted to offer an industry-focused program…”

As a recent Upwork survey reveals, ‘Bitcoin’ is the single biggest skillset sought after by employers, a trend that isn’t lost on students and young professionals looking to gain an education on the decentralized technology for the future job market. The supply of talent for the growing industry, estimated by Gartner to hit $176 by 2025 and a staggering $3.1 trillion by 2030, simply does not meet demand.

Stone & Chalk Melbourne manager Alan Tsen added:

“There is a real demand for Blockchain training and a skills gap in the market that needs to be addressed.”

The 8-week course will be “as practical as possible”, RMIT adds, by connecting participants with the blockchain industry community. “We’ve built this course with companies that understand blockchain. We’ll start with the blockchain fundamentals, then use them to develop real-world business strategies,” the Melbourne public university added.

The Melbourne university’s course follows the launch of the RMIT Blockchain Innovation Hub in September which RMIT claimed is the world’s only “full-service, research, learning and industry-linked blockchain body,” at the time. The hub was established to specifically explore and research the societal implications of blockchain technology which the university adds will become “a core infrastructure for the global economy.”

“Blockchain will play a critical role in the future of business, with its application already prevalent across multiple industries like finance, government, energy and health care,” added Helen Souness, CEO, RMIT Online.

“With every major innovation in technology comes great opportunities and new risks. At RMIT Online, we believe individuals and businesses need to understand technology quickly, to adapt their strategy to meet these opportunities. This course aims to do that.”

Upon completion of the course, participants will be eligible for one full credit unit (12 credit points) into select RMIT business programs at a bachelor or master level to be recognized by prospective employers.

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