The University of Malta and Malta Information Technology Agency (MITA) announced a €300,000 blockchain and distributed ledger technology (DLT) scholarship fund for students specializing in ICT, law, finance, and engineering.
Students starting their studies in the coming academic year can benefit from the scholarship for Masters and Ph.D. research dissertations related to blockchain and DLT. A Blockchain and DLT Master’s by Research degree is being developed and is intended to start by February 2019, while a Taught Master’s in Blockchain and DLT is being developed with plans to commence in October 2019.
The scholarship funs will be split over three years and full scholarship will be available for courses with at least 30 ECTS credits directly directed to DLT.
Silvio Schembri, Malta’s Junior Minister for Financial Services, Digital Economy and Innovation, said the scholarship would support efforts to attract blockchain companies to Malta, by ensuring that the necessary human resources were available locally.
“These companies need technical resources both to build and to operate by use of this technology, as well as experts in financial services, law and managerial roles. We look forward to see the first Maltese occupying these important and well-paid roles whilst also hoping that these will expand considerably in the future as the industry continues to grow here in Malta.” said Schembri.
The Maltese government aims to make Malta the world’s blockchain hub. Differently from other countries which want to attract fears rise from their short-term perspectives, Malta sees the advantages that digital ledger technologies can offer in the long-run.