The Ukrainian Ministry of Digital Transformation launched an internet collection to teach residents about cryptocurrencies, blockchain, and Bitcoin
The Ukrainian Ministry of Digital Transformation launched an internet collection to teach residents about cryptocurrencies, blockchain, and Bitcoin (BTC).
The present premiered on Wednesday and was developed in collaboration with Binance, Hacken, and Crystal Blockchain as a part of the Ukrainian authorities’s “Diia.Digital training” program.
The present consists of eight episodes of six to 12 minutes every which clarify the essential ideas of cryptocurrency and blockchain. The present is carried out by Andriy Onistrat, an entrepreneur and former banker, who interviews visitors working within the blockchain trade.
The primary episode, obtainable on YouTube, introduces the idea of cryptocurrencies as a permissionless and unstoppable transaction ledger. Particular consideration is given to the idea of provide auditability, with Onistrat noting that the Nationwide Financial institution of Ukraine may all the time resolve to vastly enhance the availability of the hryvnia, Ukraine’s nationwide forex. Ivan Paskar, Binance advertising supervisor in Ukraine, explains how Bitcoin maintains an immutable and auditable provide.
The duo talked about extra advanced concepts as nicely, mentioning Ethereum (ETH), sensible contracts and decentralized exchanges. Regardless of the newbie-friendly format of the present, Onistrat nonetheless requested some harder inquiries to Paskar — for instance how the beliefs of decentralization and freedom will be reconciled with the identification necessities seen in lots of centralized exchanges.
Viewers obtain a certificates of completion upon going via all of the episodes. The initiative is a part of the Ukrainian authorities’s push to realize digital literacy within the nation. Different exhibits supplied by the ministry embody “digital classes for lecturers” or “tips on how to turn out to be a YouTube blogger.”
The Ministry of Digital Transformation of Ukraine beforehand pushed for clearer laws for cryptocurrency companies within the nation, which led some to conclude that the nation is well-positioned to draw a thriving crypto ecosystem. Binance has been collaborating with the ministry since final yr, when it signed a memorandum of understanding to assist design the nation’s cryptocurrency regulation.