The first U.K. not-for-profit organisation with the aim of promoting the adoption of the blockchain technology across public and private sectors in the country launched today.
Unveiled at Fintech’s London Blockchain, the British Blockchain Association’s (BBA) goal is to work with organisations and individuals in the distributed ledger sector by adopting the technology’s solutions that benefit U.K. companies, the government, and the wider society.
In an announcement, co-founder Dr. Naseem Naqvi, said:
The BBA has high aspirations – we already have a growing network of partners and members from across the world and our goal is to work together to influence and connect policymakers, academics, businesses, entrepreneurs, investors and venture capitalists with the overall goal of increasing the awareness, understanding and adoption of blockchain technology in the UK.
British Blockchain Association to promote blockchain technology in the UK
The team at the BBA consist of industry and academic experts that specialise in areas including distributed ledger technologies, blockchain governance, information technology, and computer science. Members of the association feature the likes of the United Nations Development Programme GCPSE, Nordic Blockchain Association, Abt Associates, and QADRE.
As the organisation is a not-for-profit, it states that any financial proceeds will be invested back into the development of new initiatives. One such initiative is The British Blockchain Association Student Forum (BBA-SF). Through the creation of this the BBA aims to bring greater awareness of the distributed ledger and its potential to a younger generation, inspiring them to engage with the technology.
According to figures, graduates searching for blockchain-related jobs increased by 223 percent in the past 12 months. In order to give graduates a better opportunity of landing the position they want in the sector the BBA has secured representatives in Edinburgh, Manchester, Leeds, Newcastle, Boston Massachusetts, and Greece. The BBA-SF is also responsible for networking and hosting student meetups across the U.K.
Dr. Mureed Hussain, BBA co-founder, said:
This is an exciting focus for us, if we can inspire students to engage in blockchain technology we are upskilling a workforce who can directly influence their future employers and implement blockchain technology into industry at a much earlier stage.
According to Dr. Hussain, members will have access to their advisory board, local and national events, and networking opportunities. Access will also be provided to members only content including the JBBA, Europe’s first and only peer reviewed journal that is dedicated to distributed ledger ecosystems.
With greater attention being levied at the technology it’s hoped that the association will help to boost the U.K.’s interest in the sector.
Featured image from Shutterstock.