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  • IOTA Partners with European Blockchain Skills Cooperation Network to Address Industry Skills Gap
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IOTA Partners with European Blockchain Skills Cooperation Network to Address Industry Skills Gap

Cal Evans 1 November 2024
Iota in space
  • IOTA has celebrated the transformation of its partner CHAISE into the European Blockchain Skills Cooperation Network (EBSCN), a sustainable alliance aimed at bridging blockchain skill gaps across the EU by connecting industry, regulators, and academia.
  • This new network will expand its training efforts beyond blockchain, covering emerging fields like AI, cybersecurity, and IoT to support Europe’s competitive edge in technology.

The blockchain industry has long faced a critical skills gap, with companies often struggling to find qualified talent to fill technical roles. Addressing this issue is essential for the growth and sustainability of blockchain technology. Recently, IOTA—a prominent player in the European blockchain sector—celebrated a significant step forward in tackling this challenge: the rebranding of CHAISE, an organization dedicated to advancing blockchain skills, to the European Blockchain Skills Cooperation Network (EBSCN). This transformation signals a strengthened commitment to bridging blockchain skill gaps across the EU.

From CHAISE to EBSCN: A Strategic Evolution

For the past four years, CHAISE has been instrumental in promoting blockchain education across 13 countries in Europe, impacting thousands of individuals and supplying a skilled workforce to numerous companies. Initially funded by grants and donations, CHAISE’s transition to EBSCN allows it to evolve into a self-sustaining industry alliance. This shift enables it to form partnerships among regulators, industry leaders, and academic institutions to create tailored training solutions.

In its announcement, EBSCN emphasized its mission to develop Europe’s blockchain competence. As a sustainable alliance, it seeks to extend its influence beyond blockchain and into emerging fields such as artificial intelligence (AI), cybersecurity, and the Internet of Things (IoT). By cultivating skills in these interconnected domains, EBSCN aims to keep Europe competitive in technological innovation.

IOTA’s Role and Commitment to Skill Development

A longstanding partner of CHAISE, IOTA is committed to supporting the new EBSCN in its mission. IOTA’s involvement goes beyond mere collaboration; it is also an active participant in initiatives designed to enhance blockchain infrastructure in Europe. Recently, IOTA joined the European Blockchain Sandbox Initiative, a project by the European Commission to promote distributed ledger technology (DLT) applications. Through this program, IOTA is exploring solutions in decentralized identity and KYC (Know Your Customer) protocols, crucial elements for the growth of Web3 ecosystems.

Looking Forward: Building a Sustainable Blockchain Ecosystem in Europe

The establishment of EBSCN and the continued involvement of industry leaders like IOTA mark a promising step for blockchain in Europe. With EBSCN’s broadened scope, the alliance will contribute not only to the blockchain workforce but also to training a new generation of professionals skilled in adjacent emerging technologies. Such efforts are essential to maintaining Europe’s leadership in blockchain and beyond.

By fostering partnerships and creating robust training solutions, EBSCN and IOTA are helping to bridge the skills gap that has long impeded the blockchain industry’s growth. As Europe’s blockchain landscape continues to mature, initiatives like these will play a pivotal role in shaping a workforce equipped to drive the industry forward.

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