US business schools are beefing up training in the software that underlies digital currency bitcoin, a technology expected to be a game changer in many industries. The move makes sense as more students seek careers in financial technology, or "fintech," which has captivated leading Wall Street banks and been called "the most important technology since the internet." In January, the Haas School of Business at the University of California at Berkeley will offer its first ever course in blockchain software.
The Haas school, which is near San Francisco and Silicon Valley, will handpick 60 students from the departments of business, engineering and law and split them into groups of six to explore possible applications of the technology.
Blockchain runs by recording transactions as "blocks" that are updated in real time on a digitized ledger that can be read from anywhere and does not have a central recordkeeper. It was originally developed as the accounting method for bitcoin. But while that cryptocurrency remains controversial with some players in finance, bankers increasingly see exposure blockchain as a must.Read more about this exciting development here... And I am predicting that this is just the start as the whole world is now experiencing the Bitcoin phenomenon. At last, Bitcoin is making its headway to more legitimacy and acceptance as it is now being taught as schools. With this new platform or arena for Bitcoin, we are setting up a new generation that will soon take the lead for cryptocurrency.
We are indeed entering one of the most exciting and lucrative phases for Bitcoin not just because it has recently surged ahead and can be heading for sure towards the $10,000 maybe before the year ends or at least in the early part of 2018. Despite all the negative criticisms coming from well-known finance personalities and the warnings from different governments that it can soon popped like a bubble, Bitcoin for sure is here to stay and the market is telling us that its price can no more be manipulated by the likes of Jamie Dimon.
Students, welcome to the Bitcoin train...let's have a ride of a lifetime!
