SHENZHEN, China, June 7, 2021 /PRNewswire/ — WeBank, the world’s main digital financial institution and the primary digital-only financial institution in China, introduced that its summer time enrichment programme on FISCO BCOS Blockchain Expertise on the Singapore Administration College (SMU), a premier college in Asia internationally recognised for its world-class analysis and distinguished instructing, has been accomplished for this educational 12 months on Could 12. The programme is a collaboration between WeBank and SMU.
In early 2020, WeBank and SMU signed a memorandum of cooperation to collaborate on curriculum and apply design for blockchain programs. The collaboration goals to enhance SMU college students’ understanding and expertise in blockchain and encourage innovation in blockchain practices.
Because the signing, WeBank and Affiliate Professor Paul Griffin from the Faculty of Computing and Data Programs at SMU have labored collectively to create two full-term elective programs which mix theoretical research with sensible studying, and a summer time enrichment lecture. The elective programs are Blockchain Functions in Monetary Providers for undergraduates and Company Banking & Blockchain for postgraduates. The elective programs and the summer time enrichment lecture have been run 3 times every for over 170 college students.
The elective programs educate college students first-hand how blockchain know-how could be utilized to real-world monetary eventualities. WeBank and Professor Griffin developed sensible labs for the scholars, which incorporates 20 hours of lectures and 20 hours of lab experiments together with visitor audio system akin to Chaoxin Hu, Senior Architect from WeBank. The goal is to equip college students with expertise to rapidly develop blockchain functions by themselves and higher perceive blockchain programming. College students of the elective programs have co-developed 19 functions in numerous eventualities or sectors, together with insurance coverage, healthcare, philanthropy, voting, syndicated mortgage, and procurement.
The summer time enrichment programme permits college students from totally different technical backgrounds to realize the fundamental data of FISCO BCOS and its open-source neighborhood, and be impressed by the success tales of creating real-world large-scale functions for enterprise on FISCO BCOS blockchain infrastructure. The lecture featured WeBank specialists instructing alongside Professor Griffin on the important thing ideas and design rules of blockchain techniques and WeBASE (WeBank Blockchain Software Software program Extension).
WeBank and SMU plan to proceed this cooperation within the latter half of 2021 to convey monetary blockchain data and expertise of blockchain improvement to extra college students at SMU.
Professor Griffin mentioned, “Collaborations with business and know-how suppliers, akin to WeBank, and integrating educational studying with real-world apply are a part of our total efforts to nurture future-ready graduates with sound data and coaching in Fintech. Via the summer time enrichment programme and elective course utilizing FISCO BCOS blockchain, our college students are capable of be taught extra about enterprise blockchains and their functions in use instances. The course will additional strengthen our high-quality schooling for our college students and supply them with the helpful expertise wanted in at this time’s enterprise atmosphere.”
Zhenhua Zhao, Senior Blockchain Skilled from WeBank mentioned, “We’re glad that college students who took the programs are capable of apply blockchain Proof of Ideas to real-world monetary providers and company banking eventualities. These utilized eventualities additionally ignite numerous revolutionary blockchain improvement concepts right here at WeBank.”
Going ahead, WeBank and SMU will proceed the profitable partnership, concentrate on the exploration of various use eventualities and create extra participating programs. As well as, WeBank plans to combine the business utility and educational analysis from the programs, domesticate extra gifted college students to drive the event of fintech, and construct a blockchain enterprise ecosystem with in-depth ready-to-use functions.
 FISCO BCOS is a safe, dependable, easy-to-use, and high-performance financial-grade blockchain platform, which was launched by FISCO open-source working group in 2017. FISCO stands for Monetary Providers Blockchain Consortium (Shenzhen), whereas BCOS stands for Be Credible, Open & Safe.
WeBank Co., Ltd. (“WeBank”) is a world’s main digital financial institution and the primary digital-only financial institution in China. Launched in 2014, WeBank has supplied extra handy monetary providers to 270 million people and 1.88 million micro-, small- and medium-sized enterprises (MSMEs). In 2019, Moody’s and Normal & Poor’s gave WeBank “A3” and “BBB+” scores respectively. Adhering to the imaginative and prescient “Join and Empower with Fintech”, WeBank is pushed to construct core competencies via innovation, know-how and expert staff. WeBank has established collaboration with faculties and universities all over the world to nurture fintech skills and strengthen the connection between academia and the digital finance business.
About Singapore Administration College
Established in 2000, Singapore Administration College (SMU) is recognised for its disciplinary and multi-disciplinary analysis that handle points of world relevance, impacting enterprise, authorities and society. Its distinctive schooling, incorporating revolutionary experiential studying, goals to nurture world residents, entrepreneurs and alter brokers. With greater than 11,000 college students, SMU presents bachelors, masters and PhD diploma programmes in Accountancy, Enterprise, Economics, Computing, Regulation and Social Sciences, and government improvement and persevering with schooling programmes. Via its metropolis campus, SMU focuses on making significant impression on Singapore and past via its partnerships with business, coverage makers and educational establishments. www.smu.edu.sg
SOURCE WeBank Co. Ltd.