BSV association partners with Saudi Digital Academy to launch BSV Blockchain Academy in Riyadh, Saudi Arabia
BSV & Saudi Digital Academy Partnership
The Swiss-based industry organization for the BSV blockchain and the Saudi Digital Academy (SDA) have inked an agreement to establish a BSV Blockchain Academy in Riyadh, Saudi Arabia. This is the Middle East’s first full-scale blockchain academy.
The SDA is a critical national project led by Saudi Arabia’s Ministry of Communications and Information Technology (MCIT), with the goal of developing Saudi youth’s human capital and digital competencies. It establishes a national academy to train Saudi talent in new technologies and prepare them for professions in the communications and information technology sectors that drive the Kingdom’s digital transformation and ‘Saudi Vision 2030’.
The SDA is a critical national project spearheaded by Saudi Arabia’s Ministry of Communications and Information Technology (MCIT), with the objective of developing Saudi youth’s human capital and digital competencies. It establishes an international-standard national academy to educate Saudi talent in new technologies and prepare them for professions in the communications and information technology sectors that drive the Kingdom’s digital transformation and ‘Saudi Vision 2030.’
BSV is the optimal cryptocurrency for corporate and government initiatives. The BSV blockchain’s unlimited on-chain scalability enables it to satisfy the requirements of large-scale technological applications, including big transaction volumes, rapid speed, predictable low costs, micropayment capabilities, and increased data capacity. Its sophisticated technological skills allow smart contracts, tokenization, IoT device management, and computing, among other functions. Additionally, as a public ledger, BSV allows greater transparency, auditability, and accountability for governments, individuals, and businesses.
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As Eng. Faris AlSaqabi, Deputy Minister for Future Jobs & Capabilities at MCIT explains: “Because the Fourth Industrial Revolution involves many emerging technologies, the SDA seeks to attract multiple digital academies in order to provide training across all fields that will be vital to Saudi Arabia’s digital transformation. Since the initial academies announced at our launch event in October 2021, we continually look to add new fields of learning. Given the high interest in blockchain technology, we are proud to work with BSV’s team to bring world-class blockchain training to Saudi Arabia in this landmark initiative for the Middle East.”
Mohammed Alsuhaim, CEO of the Saudi Digital Academy, commented: “We are pleased that the Saudi Digital Academy is partnering with the BSV Blockchain Association to create in Riyadh the Middle East region’s first full scale blockchain academy. This initiative will teach students, developers, business executives and government representatives across Saudi Arabia the blockchain knowledge necessary to navigate the Fourth Industrial Revolution. The BSV team shares our vision for building true blockchain utility at big scale to power data for a digital Kingdom of Saudi Arabia, and we anticipate this is the first step in other areas of collaboration with the BSV Blockchain Association.”
Jimmy Nguyen, Founding President of the BSV blockchain’s association, added: “The Kingdom of Saudi Arabia is at the forefront of emerging technologies such as Internet of Things, robotics, smart cities, and artificial intelligence. These fields are all driven by data, and only the BSV blockchain has the scaling capacity to act as their distributed data infrastructure. We are very excited to educate Saudi youth and professionals about the power of BSV to drive digital transformation and build a better world. We look forward to this educational partnership with the MCIT and the Saudi Digital Academy, and bringing useful blockchain adoption to the Kingdom of Saudi Arabia.”
