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February 25, 2021
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Ukrainian authorities sponsors instructional internet present about cryptocurrencies

The Ukrainian Ministry of Digital Transformation launched an online collection to coach 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 Schooling” program.

The present consists of eight episodes of six to 12 minutes every that designate the essential ideas of cryptocurrency and blockchain. The present is hosted by Andriy Onistrat, an entrepreneur and former banker, who interviews visitors working within the blockchain business.

The primary episode, accessible on YouTube, introduces the idea of cryptocurrencies as a permissionless, unstoppable transaction ledger. Particular consideration is given to the idea of provide auditability, with Onistrat noting that the Nationwide Financial institution of Ukraine may at all times resolve to vastly improve the availability of the hryvnia, Ukraine’s nationwide forex. Ivan Paskar, Binance advertising supervisor in Ukraine, explains how Bitcoin maintains an immutable, auditable provide.

The duo talked about extra complicated concepts as properly, mentioning Ethereum, good contracts and decentralized exchanges. Regardless of the newbie-friendly format of the present, Onistrat nonetheless requested Paskar some harder questions — 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 attain digital literacy within the nation. Different exhibits supplied by the ministry embrace “digital classes for academics” and “easy methods to turn out to be a YouTube blogger.”

The Ministry of Digital Transformation of Ukraine beforehand pushed for clearer rules 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 12 months when it signed a memorandum of understanding to assist design the nation’s cryptocurrency regulation.

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