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The European Union prioritizes innovation in its policies. As it has been made abundantly clear by other European initiatives, such as the Digital Europe Program, the Horizon Program and the European Blockchain Services Infrastructure (EBSI), blockchain is at the core of the continent’s strategy to advance digital transformation. Blockchain is a distributed immutable ledger technology, available to everyone in the network. When a new entry is added, which constitutes a ‘block’, to this ledger, it is copied across to all the participants. This is called decentralized architecture – the notion of a trusted party is replaced by network validation (everyone is able to check). Given that blockchain is seen as the future of the continent, not surprisingly, the EU has released another initiative in the recent period.
The project is called CHAISE. It is a roadmap for the sectoral collaboration on blockchain skill development. The aim is to develop a strategy and curriculum to teach people about blockchain technology, and impart the various skills needed to create, support, and maintain blockchain technology applications.
In more details, CHAISE is a 4-year transnational initiative led by the European Commission, set to formulate and deliver a European strategy to address skill mismatches and shortages in the Blockchain industry and deliver appropriate training, qualifications and mobility solutions, geared towards sectoral realities and needs. The European Blockchain Sector is strong comparatively, but its competitiveness will soon depend on the availability of the workforce. Employers are facing a shortfall of skilled
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