The University of Malta has launched a €300,000 scholarship fund for students who focus their Master’s dissertation on blockchain and Distributed Ledger Technology.
The fund, which will officially open next month, is funded by the Malta Information Technology Agency (MITA) and is open to students studying DLT technology from all angles, including IT, law, finance, fintech and engineering. It was announced by parliamentary secretary for the digital economy Silvio Schembri, whose office had coordinated discussions between MITA and a blockchain research group at the University.
“We worked hand in hand with University to ensure that this new emerging econimic sector will find the necessary specialised human resources for it to grow and at the same time help our students to take the opportunities arising in this new digital innovation economy,” Schembri said. “This is all in line with our strategy to make Malta the Blockchain Island.”
The scholarship is part of Malta’s blockchain strategy, which intends to transform the island into a global research hub for the technology complete with an attractive licensing regime for companies which operate on DLT.
The government will undoubtedly be hoping the new scholarships will incentivise people to opt for careers within this new digital economy, including in the Malta Digital Innovation Authority which will be set up to regulate the sector..