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Putting Singapore's dollar on blockchain may prove it's the most crypto friendly place on earth

SMU is offering short courses on blockchain technology, with strong emphasis on the applications and possibilities of blockchain in the current context. Singapore is widely regarded as one of the most crypto-friendly countries in the world, largely due to its stable politics, reliable infrastructure, and favourable business environment. However, there still exists a wide gap between the demand and supply for skilled labour in the blockchain sector. Like most other economies, the demand for blockchain developers far outweighs that of the supply. If Singapore does not produce enough talent in time to feed the workforce demand, it risks losing its status as a blockchain hub to other rivals in the region.

[The image of Yusof Ishak, former president of Singapore, is displayed on a Singapore one hundred dollar banknote. Photographer: Brent Lewin/Bloomberg]