Grandstand | Web3: why is blockchain training an issue of digital sovereignty?

In this forum exclusively for Forbes France, Fabien Poggi recalled the importance of adapting our training courses to blockchain developments and the emergence of Web3. The latter is CEO and co-founder of Starton, a platform that provides easier access to the blockchain via an API.

For several years now, the blockchain has profoundly transformed the digital economy and established itself as a major technological transition. While French champions are gradually emerging in this emerging sector, France still faces a critical talent shortage. At a time when French and European digital sovereignty is at the heart of all concerns, extensive training in Web3 and blockchain know-how is becoming a decisive strategic issue.

Don’t repeat past mistakes

If digital sovereignty is a very hot issue in Europe, it is largely because decisive mistakes have been made over the past decades. From semiconductors to artificial intelligence to the cloud, all digital paradigm shifts have been so slow to integrate in European countries that American companies are now enjoying almost undisputed supremacy in the sector.

Of the 10 largest market capitalizations in the last quarter of 2021, 8 were made in the United States, including 7 in the digital sector. Now, blockchain is partially reshuffing the cards of digital innovation: French champions like Ledger have emerged and a dynamic ecosystem has been created around Web3 in the country. It is therefore a question of not repeating the mistakes of the past to give new players every chance in global competition.

A massive lack of information and training

To thrive quickly and large, this ecosystem needs three
elements:

● A favorable legislative framework, which allows the formation of innovative companies and
creative business models;
● Sufficient capital to give start-ups a way to achieve their ambitions;
● Plenty and trained human resources.

However, if the first two points seem to have gotten more in France due to the huge fundraising in recent months, the third is very far from being sufficiently developed. The technologies associated with blockchain and Web3 are not simply taught at any French university or computer school. During their interactions with students, entrepreneurs are very regularly hit by total ignorance of these technologies, which are nonetheless central to the digital world today and tomorrow. A deficiency that could have extremely detrimental consequences on the economic vitality of the hexagonal Web3.

Invest heavily by capitalizing on French know-how

However, France has invaluable and strategic knowledge of the Web3 market. Our country is truly recognized around the world for the excellence of its training and research in applied mathematics and specifically in cryptography.

However, blockchain -related technologies are largely based on cryptographic knowledge. On this decisive basis, a plan for massive investment in training can quickly lead to the emergence of an entire generation of high-performance specialists who benefit from particularly favorable conditions for integration into labor market. Because if we know that freelance developers are earning a good living, the income that blockchain specialists can expect is even higher.

Cultivate an ecosystem

To achieve this goal, it is specifically necessary to create courses focused on blockchain -related technologies, its environments, protocols and programming languages. Training programs that can be set up by public or private organizations but must also be part of a broader ecosystem of exchange and mutual assistance across the Web3. Because digital innovation is also based on training and on informal knowledge sharing through dedicated hackathons, workshops and conferences.

Without waiting for an institutional decision, all players in this new economy can participate in building their ecosystem and promoting exchanges. Web3 could be a decisive opportunity for France’s technological sovereignty. But to succeed in this change, it is really necessary to learn from the past and create a favorable ecosystem through substantial investment in training and multiplication of initiatives to build a truly common blockchain culture. Once these conditions are met, nothing can stop France from becoming a leading country in the digital paradigm of tomorrow.

Leave a Comment