EddieJayonCrypto

 10 Apr 24

tl;dr

South Korea has unveiled a "Comprehensive Plan to Nurture Digital Talent," spanning five years, to equip its citizens with AI, quantum computing, and blockchain skills. With the anticipated surge in demand for digital talent, the government plans to overhaul educational curriculum and introduce bloc...

South Korea has unveiled a "Comprehensive Plan to Nurture Digital Talent," spanning five years, to equip its citizens with AI, quantum computing, and blockchain skills. With the anticipated surge in demand for digital talent, the government plans to overhaul educational curriculum and introduce blockchain-based digital badges to streamline job applications.

This initiative reflects South Korea's commitment to preparing its workforce for emerging technologies and bolstering its digital economy. In line with the pursuit to improve its digital economy, South Korea has announced plans to equip its citizens with artificial intelligence (AI), quantum computing, and blockchain technology skills. The Ministry of Science and ICT (MSIT) said the plan to introduce digital skills will span five years and is geared toward deepening the talent pool.

The “Comprehensive Plan to Nurture Digital Talent” is South Korea’s ace to catch up with other competing jurisdictions for emerging technologies. Presently, South Korea has around 99,000 individuals with digital skills, but several researchers predict a spike in the demand for digital talent. The demand for employees with digital talent is expected to soar to 738,000 in five years across several verticals.

While several options are available to South Korean administrators, including opening the floodgates for foreigners to meet demand, the government says it will look inward to fill the rising demand. Training 1 million individuals is no mean feat, but South Korea’s Ministry of Science and ICT has set the ball rolling with a blueprint. The government says it will begin by overhauling the educational curriculum for students in high schools and tertiary institutions nationwide. The blueprint will see the introduction of courses in blockchain, AI, metaverse, and cybersecurity, with students being allowed to earn bachelor’s or doctorate degrees in the field.

The plan will also introduce “company-centric” training programs intended to operate as a talent pipeline for industry players. “The Korean government will expand the digital education opportunity by developing diverse options including increased digital and information classes and mandate coding classes,” according to MSIT. “Regular digital capacity diagnosis tests for adults will be conducted, and the digital literacy will be improved.” The ministry also disclosed the government’s plan to improve “private-government” relations while supporting outstanding students to receive further training in other jurisdictions.

Ahead of the anticipated demand for digital experts, South Korea’s government has seized the initiative to introduce blockchain-based digital badges amid the widening utility of the technology. The badges are designed to streamline the process of job applications by pooling the applicant’s degrees and qualifications electronically, dispensing the need for cumbersome paperwork. The Science Ministry has onboarded the Korea Employment Information Service, the Human Resources Development Service of Korea, and the Korea Internet and Security Agency (KISA) to support the new policy.

“We will actively support and strive to ensure that the blockchain-based digital badge service provides tangible convenience and efficiency for citizens engaged in job-seeking activities,” said Minister of Science and ICT Lee Jong-ho.

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Disclaimer: The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.

Disclaimer

The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.
 14 Nov 24
 14 Nov 24
 14 Nov 24