Seattle, US -- 3 May, 2018 -- Luxoft Holding, Inc. (NYSE:LXFT), a global IT service provider, has been selected by the Blockchain Training Alliance, the global leader in instructor-led Blockchain training and certification, as a leading industry partner and blockchain advisor to improve the standard of blockchain training across the globe.
The collaboration means Luxoft will help develop certification exams that assess the competency of blockchain professionals and teach them how to integrate established architectures such as Hyperledger fabric and Ethereum. Luxoft’s blockchain experts will work closely with The Blockchain Training Alliance to refine exam content and provide insight into industry applications of blockchain.
“Businesses are facing a real challenge identifying qualified professionals,” said Todd Gehrke, Blockchain Solutions Architect at Luxoft. “Education and accreditation is really important right now. There are no comprehensive sources of technical information and engineers are chasing an ever-changing landscape of technical papers. It’s hard to make good hiring decisions with such fragmented knowledge, so we’re joining hands with the Blockchain Training Alliance to help accelerate learning and evaluate understanding.”
Luxoft’s participation will enhance the authority of the certifications, according to Chad Decker, CEO of the Blockchain Training Alliance. “Employers need to trust the skills of the applicants they hire. Luxoft is helping us measure skills accurately and create industry-standard certifications. Certification will help Developers and architects validate and verify their skillset.”
Luxoft was selected as a partner because of its established partnerships with blockchain ecosystems that include the Crypto Valley Association, Chain, R3, Evernym and its independent approach to supporting blockchain architectures such as Ethereum, Hyperledger Fabric and Hyperledger Sawtooth, Corda, Ripple, Chain, Iota and Sovrin.
“Experienced blockchain developers are in short supply and the education sector, especially at a University level, could do more to bring high-quality talent to market,” said Alexander Denzler, Technology Chair at the Crypto Valley Association. “While a select few offer blockchain courses, the focus is on high level explanations and business use-cases. This will do little to solve the scarcity issue because the market needs developers with coding experience.
“The CVA maintains close relationships with Blockchain focused companies, and we see a real need for courses that train developers to deploy real smart contracts and provide an authentic experience of working on a blockchain,” concluded Dr. Denzler.
About Luxoft
Luxoft (NYSE:LXFT) is a global IT service provider of innovative technology solutions that delivers measurable business outcomes to multinational companies. Its offerings encompass strategic consulting, custom software development services, and digital solution engineering. Luxoft enables companies to compete by leveraging its multi-industry expertise in the financial services, automotive, communications, and healthcare & life sciences sectors. Its managed delivery model is underpinned by a highly-educated workforce, allowing the Company to continuously innovate upwards on the technology stack to meet evolving digital challenges.
Luxoft has approximately 13,000 across 41 cities in 20 countries within five continents, with its operating headquarters office in Zug, Switzerland. For more information, please visit the website.
About Blockchain Training Alliance
Blockchain Training Alliance is based in Temecula, CA, and run by experienced IT trainers. Courses include Blockchain Training: An Overview for Professionals; Ethereum Training: Hands-On Ethereum Bootcamp; Hyperledger Training: Developing on Hyperledger Fabric; Blockchain Architecture Training; and Blockchain Security Training. The Alliance is a member of Hyperledger, a blockchain collaborative operated by the Linux Foundation. For more information, please visit the website.
Forward-Looking Statements
This news release of Luxoft Holding, Inc (“Luxoft”) contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements include information about possible or assumed future results of our business and financial condition, as well as the results of operations, liquidity, plans and objectives. In some cases, you can identify forward-looking statements by terminology such as “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “expect,” “predict,” “potential,” or the negative of these terms or other similar expressions. These statements are subject to, without limitation, the risk factors discussed under the heading “Risk Factors” in Luxoft’s Annual Report on Form 20-F for the year ended March 31, 2017 and other documents filed with or furnished to the Securities and Exchange Commission by Luxoft. Except as required by law, Luxoft undertakes no obligation to publicly update any forward-looking statements for any reason after the date of this news release whether as a result of new information, future events or otherwise.
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