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The Bahrain Institute of Banking and Finance (BIBF) announced that it is going to launch “Blockchain Academy” in order to promote distributed ledger technology within the country, according to an announcement published Nov. 26.

The establishment of the Blockchain Academy followed the country’s first blockchain professional qualification program offering that was designed to prepare it specialists to earn the international qualification of Certified Blockchain Professional C|BP.

As it was stated, the certification consists of three competency areas in blockchain technology; development, implementation, and strategy. The training program was developed by the BIBF and Dubai-based training firm MyLearning Key.

The Bahrain Institute of Banking and Finance was established in the Kingdom of Bahrain in 1981 by approval of the Specific Council for Vocational Training. The institute is an unregistered non-profit semi-government entity that provides training in the financial sector.

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