The Malta Independent, a local Maltese publication, announced yesterday that 19 students have been awarded blockchain scholarships. Awardees will further apply for a Master’s degree in blockchain and distributed ledger technologies (DLT) with specialization areas like law, finance, business, and ICT. The scholarships were announced during the ongoing Malta AI and Blockchain Summit.
Silvo Schembri, Parliamentary Secretary for Financial Services, Digital Economy and Innovation says that the scholarships are the first of their kind. Funds from the Malta Digital Innovation Authority (MITA) and the University of Malta will be used to fund the scholarships that are worth a total of 160,000 euro ($179,000).
Malta has seen a bloom in blockchain technologies in 2018 with over 800 blockchain firms operating from Malta. Schembri also stated that the first license to blockchain companies will be issued this year by the Malta Financial Services Authority (MFSA).