The scholarships were awarded by Silvio Schembri, Parliamentary Secretary for Financial Services, Digital Economy and Innovation, with the $351,000 student fund which has been set up by Malta Digital Innovation Authority (MITA) along with the University of Malta at August 2018.
According to the Malta Independent, each of the awardees will apply for a Master’s level in blockchain and dispersed ledger technology (DLT), together with different groups of pupils specializing in blockchain research concerning legislation , fund , company, and ICT.
The scholarships have been declared throughout the continuing Malta AI and Blockchain Summit, together with Schembri asserting the presented scholarships represent the very first awards of its type.
Together with the scholarship announcement, Schembri also said the Malta Financial Services Authority will issue the initial licences to blockchain businesses this past year. He noticed that by the end of 2018, the quantity of blockchain companies operating from Malta attained 800.
In April, the MFSA declared the initial 14 crypto assets representatives from over 250 entities which applied previously. The approval followed the adoption of this Virtual Financial Assets Act enforced by Maltese government in the summer 2018.
Lately, Turkish Bahçeşehir University established that a blockchain centre at Boston’s Northeastern University to offer informational aid on blockchain technology.