The blockchain industry is firing on all cylinders across the globe. With the number of blockchain-related jobs on the rise in specific countries, new measures need to be introduced to allow for an influx of talented coders. In this regard, Hong Kong is looking to expedite immigration for specific job seekers, including those passionate about distributed ledger technology.
Revised Immigration Rules in Hong Kong
Finding a job within a niche’ industry is often quite difficult within the borders of one’s own country. This problem only becomes more apparent when it comes to embracing new and innovative technologies, such as virtual reality, blockchain, and so forth. In Hong Kong, innovation has always taken center stage and it is also one of the reasons why the region does so well in terms of both finance and technology.
According to a new talent list published by the government, anyone seeking a job within 11 selected industries will benefit from an expedited Quality Migrant Admission Scheme process.
One of the industries on this list is the blockchain industry. Not entirely surprising, as dozens of distributed ledger-oriented projects have set up shop in Hong Kong over the years. Streamlining the entire job application process is an important first step toward creating a more robust global ecosystem.
Hong Kong has shown a strong affinity for blockchain technology from the very start. This is mainly apparent through the nation’s Monetary Authority, which seeks to introduce a DLT network to bridge the gap between several domestic banks and the nation’s central fiscal authority.
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