Blockchain Code Academy B9lab Offers $125,000 After Graduation

Founded in 2015, the blockchain code academy B9lab become the main name in the blockchain education space. The academy integrated multiple courses with companies such as Consensys, Accenture, and Nissan but to get into their latest offering, you would have to sign an Income share Agreement. Let’s see more in the blockchain latest news.

With more than 40 million Americans remaining unemployed during the coronavirus pandemic, many are turning to online platforms hoping to boost their chances of making good money. To help this purpose, the Blockchain code academy B9lab launched its professional blockchain engineer program.  Many of the courses can be integrated into the internal training programs, especially since Covid-19 struck, many inquiries from technology providers rolled in.

The coursework is wide enough to offer content for developers, non-specialists, and entrepreneurs to get started with blockchain technology. The latest offering is the Professional Blockchain Engineer Program which is the most ambitious one. The course takes the engineers and turns them into full-stack blockchain developers in six months. The co-founder of the code academy Ellias Haase explained:

 “It was a natural next step after building a library of material for blockchain education. We help developers answer questions like, ‘what should I learn first? Hyperledger, Coda, or Ethereum? It’s an all-in-one project; this program brings it all together.”

The Professional Blockchain Engineer program only enrolls experienced developers and you would have to do a code review before getting admitted. Despite the barrier, Hasse says that the first pilot program was filed and the platform will launch a new cohort every month. The course is quite rigorous and it is a tutor-led program including live mentoring and sample projects.

Thinking of these ISA contracts, could you imagine if, behind the scenes, they were essentially securitized as well? Bootcamps serving as subprime mortgage originators. Packing students into tranches and selling them off. (That probably sound like some FIN-EDU-TECH dream ☠️).

— DHH (@dhh) February 11, 2020

Speaking of the Income sharing Agreements, are quite common in the tech industry. These agreements operate like loans that the recipients are granted a value upfront. The value could be in the form of money or education. The conditions vary depending on the organization and the value is reimbursed over the course of a few years. ISAs have routed much controversy for a few reasons. Some claim that the agreements are elaborate versions of the ‘’indentured servitude’’ where the investors prey on students. The Lambda school is the most well-known ISA provider that got heavy criticisms for similar reasons.

The B9lab program offers a new ISA program as Haase reminded that the most important pitfall with the Lambda Schools ISA would have to go down with managing the debt than the structure.