Building the beta blocks of Fintech

August 14 - 20 , 2019

Gulf Weekly Naman Arora
By Naman Arora

Gulf Weekly Building the beta blocks of Fintech

Bahrain Fintech Bay (BFB) and Fintech Consortium entered into an educational partnership with BetaBlocks, a US-based blockchain innovation and learning platform, with plans to introduce courses focused on digital transformation, including Blockchain for Business, Artificial Intelligence, Internet of Things, Cloud Infrastructure and Cybersecurity.

The BFB’s Fintech Consortium is the leading FinTech incubator in the Middle East. With firms like MasterCard expanding their FinTech footprint as well as Rain and Sprinkle growing, there is an increasing demand for developing human capital locally and regionally to fulfil the human resource demands of these firms and to create new firms and products.

Commenting on the partnership, Maissan Almaskati, chairman of Fintech Consortium Middle East said: “We believe that skilled human capital is the essence behind FinTech and innovation across industries generally. We are excited about our partnership with BetaBlocks which provides insight and experience into digital learning, as well as blockchain solutions for a range of end uses and we look forward to working together to jointly develop this offering in Bahrain and the Middle East region.”

BetaBlocks has created the Digital Transformation Programme, a deep but not highly technical, set of courses, including a series of videos and interactive features aimed at business professionals. That will be its initial offering in the region.

Roberto Machado, CEO of Betablocks, said: “There is huge global interest in learning about blockchain and other emerging technologies. This strategic partnership with Fintech Consortium will allow us to help foster innovation and a skilled workforce.”

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