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South Korea eyes blockchain tech to streamline job application process

April 10, 2024
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In keeping with the pursuit to enhance its digital economic system, South Korea has introduced plans to equip its residents with synthetic intelligence (AI), quantum computing, and blockchain technology expertise.

The Ministry of Science and ICT (MSIT) stated the plan to introduce digital skills will span 5 years and is geared towards deepening the expertise pool. The “Complete Plan to Nurture Digital Expertise” is South Korea’s ace to meet up with different competing jurisdictions for rising applied sciences.

Presently, South Korea has round 99,000 people with digital skills, however a number of researchers predict a spike within the demand for digital expertise. The demand for workers with digital expertise is anticipated to soar to 738,000 in 5 years throughout a number of verticals.

Whereas a number of choices can be found to South Korean directors, together with opening the floodgates for foreigners to satisfy demand, the federal government says it would look inward to fill the rising demand.

Coaching 1 million people is not any imply feat, however South Korea’s Ministry of Science and ICT has set the ball rolling with a blueprint. The federal government says it would start by overhauling the academic curriculum for college students in excessive faculties and tertiary establishments nationwide.

The blueprint will see the introduction of programs in blockchain, AI, metaverse, and cybersecurity, with college students being allowed to earn bachelor’s or doctorate levels within the subject. The plan may also introduce “company-centric” coaching packages meant to function as a expertise pipeline for trade gamers.

“The [South] Korean authorities will broaden the digital training alternative by growing numerous choices together with elevated digital and knowledge courses and mandate coding courses.,” in response to MSIT. “Common digital capability prognosis exams for adults shall be performed, and the digital literacy shall be improved.”

The ministry additionally disclosed the federal government’s plan to enhance “private-government” relations whereas supporting excellent college students to obtain additional coaching in different jurisdictions.

Introducing digital badges

Forward of the anticipated demand for digital specialists, South Korea’s authorities has seized the initiative to introduce blockchain-based digital badges amid the widening utility of the expertise. The badges are designed to streamline the method of job purposes by pooling the applicant’s levels and {qualifications} electronically, dishing out the necessity for cumbersome paperwork.

The Science Ministry has onboarded the Korea Employment Data Service, the Human Assets Growth Service of Korea, and the Korea Web and Safety Company (KISA) to assist the brand new coverage.

“We are going to actively assist and try to make sure that the blockchain-based digital badge service supplies tangible comfort and effectivity for residents engaged in job-seeking actions,” stated Minister of Science and ICT Lee Jong-ho.

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