Wall Street has been keeping a close eye on the evolution of distributed ledger technology in recent years. The Wall Street Blockchain Alliance, launched in 2015, announced a certification program. The primary goal is attracting Distributed Ledger Technology developers.
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Education is an important aspect of blockchain technology. While the possibilities of this technology seem endless, very few people seem to understand how a blockchain works. As Andreas Antonopoulos recently stated, the open blockchain and a private distributed ledger are two very different things.
The Wall Street Blockchain Alliance Plans
Wall Street Blockchain Alliance (WSBA) will focus their attention on Distributed Ledger Technology – also known as DLT – in the financial sector. Their certification program is designed to attract blockchain experts so they can work on this new infrastructure. But there is more, as the Alliance wants to increase the availability of cyber security and system migration experts.
Wall Street Blockchain Alliance Chairman Ron Quaranta stated:
As we have often noted throughout the financial markets, one of the industry’s greatest challenges is the lack of a large pool of technical