ConsenSys, a New York-based blockchain firm will be hosting a five-day blockchain event in Lebanon starting with October 17. Three days of the five will have a blockchain training program and two days will be a hackathon.
According to the announcement on the firms’ website, the training program will cover the basic concepts of blockchain and the distributed ledger technology (DLT) and understand its applications and features. Additionally, the training will teach the participants how to build a development environment, create decentralized applications (dApps) based on Ethereum smart contracts, and integrate them with web apps. Director of ConsenSys business operations and strategy, Marc Ziade, reportedly said:
“Lebanon has always adopted an entrepreneurial approach in dealing with challenges; and the startup ecosystem has been growing in the recent years. There are a lot of developers and entrepreneurs looking for some expert guidance and direction.”
Ziade, who leads the Lebanon Bootcamp, also noted:
“The ConsenSys Blockchain Developer Bootcamp is designed to address Lebanon’s many issues such as the energy shortage and the refugee situation.”
Asim Janjua, director of ConsenSys MENA (the Middle East and North Africa Region), expressed that the upcoming event indicated the company’s inclination towards discovering talent and innovation in the Middle East. He added:
“We look forward to working closely with our partners in Lebanon to find this next generation of brilliant minds and help define the many use cases in this country that could benefit from blockchain technology.”
The student will levy a fee of $250, while professionals will be billed $450 for the training. ConsenSys is working with Techfugees and other non-profits to reserve 25% of the seats for refugees.
The company is keen on expanding its business beyond its North American and European offices. ConsenSys announced last month, that it will launch a new subsidiary called ConsenSys Israel.