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Cryptocurrency: South African University Commences Blockchain And Digital Currency Classes

BY DAYO ADESULU

The University of Cape Town (UCT) in South Africa has introduced to its courses the blockchain and digital currency slated to kick off in November 2021.

The institution’s management that undergraduates who enrol and complete the $693 six-week course will be issued a legal certificate.

On the University of Cape Town website, it was stated that undergraduates who successfully complete the short course would have acquired an understanding of how blockchain technology fits into the existing financial systems.

According to the publication, students would also gain an understanding of how applications such as Bitcoin, Ethereum, and other crypto-assets can be used.

It added that students enrolling in this course are expected to “investigate the ethical implications of investing in the crypto-asset industry.” They will also discover how ethics and governance can shape new financial infrastructure for the benefit of society.

In the course’s overview, the UCT explains why the university has now added blockchain and crypto education to its list of short courses.

The University of Cape Town said: ”It’s no longer enough to simply know about cryptocurrencies. With crypto-assets and blockchain technologies growing at unprecedented rates, professionals need the ability to analyse and understand how the latest developments in the finance industry will fundamentally change the way the financial system functions in the present and near future.

”UCT, which is one of the first higher education institutions in Africa to offer blockchain and crypto lessons, adds that only “organisations that adapt their offerings to either compete with cryptocurrencies or offer services that support the industry are best positioned to take advantage of the rise of crypto assets.”

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