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BIBF Institute To Open First Blockchain Academy In Bahrain

19:35 27/11/2018

The Bahrain Institute of Banking and Finance (BIBF) announced the opening of the country's first Blockchain Academy, as follows from the press release by the educational institution.


The BIBF is a semi-government non-registered non-profit institute that prepares specialists in the financial field. It was founded in 1981, following the order of the Specific Council for Vocational Training.



In collaboration with MyLearning Key, an educational company from Dubai, the institute has developed a five-day training program aiming to impart knowledge in blockchain technology. The course will start on January 6, 2019. According to the results of the program, students will be able to become certified specialists. The certificates cover three competency areas, such as development, implementation and strategy of the distributed ledger.


Dr. Ahmed Al Shaikh, Director at BIBF, commented on the opening of the Blockchain Academy and stressed that it was necessary to meet the increasing demand for qualified blockchain specialists in the era of digital innovative technologies and modern scientific achievements.

The government of Bahrain has already spoken in favor of the technology. In September 2018, Abdulhussain bin Ali Mirza, the Minister of Electricity and Water Affairs of Bahrain, stated that the distributed ledger marked real progress and urged the company to take full advantage of it.


As previously reported, IBM partnered with Columbia University to launch two blockchain programs aimed at the development of innovative startups.

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