Blockchain Skillsets for Europe, a new milestone for the industry and a major step towards smart government regulations

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The European Union prioritizes innovation in its policies. As it has been made abundantly clear by other European initiatives, such as the Digital Europe Program, the Horizon Program and the European Blockchain Services Infrastructure (EBSI), blockchain is at the core of the continent’s strategy to advance digital transformation. Blockchain is a distributed immutable ledger technology, available to everyone in the network. When a new entry is added, which constitutes a ‘block’, to this ledger, it is copied across to all the participants. This is called decentralized architecture – the notion of a trusted party is replaced by network validation (everyone is able to check). Given that blockchain is seen as the future of the continent, not surprisingly, the EU has released another initiative in the recent period.

The project is called CHAISE. It is a roadmap for the sectoral collaboration on blockchain skill development. The aim is to develop a strategy and curriculum to teach people about blockchain technology, and impart the various skills needed to create, support, and maintain blockchain technology applications. 

In more details, CHAISE is a 4-year transnational initiative led by the European Commission, set to formulate and deliver a European strategy to address skill mismatches and shortages in the Blockchain industry and deliver appropriate training, qualifications and mobility solutions, geared towards sectoral realities and needs. The European Blockchain Sector is strong comparatively, but its competitiveness will soon depend on the availability of the workforce. Employers are facing a shortfall of skilled professionals that prevents the sector from unleashing its full potential. Therefore, the European Commission saw the need to develops measures to improve blockchain literacy, to create the standards for a first-ever ‘Blockchain specialist’ occupational profile. 

CHASE has established as its program’s goals the following items:

  • Enhance knowledge of blockchain, improve professional skills and identify current gaps at the EU level.
  • Establish a cooperative strategy for tracking changes in job requirements and predicting future demand for blockchain expertise.
  • Create a modular VET program with a focus on learning outcomes for Europe and instructional materials on blockchain.
  • Establish occupational standards for the blockchain industry workforce across the EU to overcome labor market fragmentation.
  • Set up standardized educational requirements for blockchain qualifications across the EU, create a sectoral requirement tied to the new blockchain-specific occupational profile.
  • Connect job seekers and blockchain businesses to promote professional mobility and boost the sector’s allure.
  • Organize a permanent collaboration network to systematically track changes in the workforce, measure abilities requirements, as well as to maintain the European Blockchain Skills Strategy relevant.

If successful, CHAISE will be an impressive breakthrough – it will develop a blockchain training program to address the need for technical, non-technical, and cross-discipline skills. When implemented alongside other initiatives, it becomes a wonderful chance for EU state administrations to speed up the digitization of public services while also allowing them to rethink their information systems, support user confidence and privacy protection, aid in the development of new business opportunities, and establish new areas of leadership, all of which benefit citizens, public services, and businesses, and much more.