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blockchain academy

Blockchain Academy: a new institution in India

Kerala will soon host its own blockchain academy, the second institution to be opened in India.

This became possible thanks to a new collaboration between the Indian Institute of Information Technology and Management Kerala (IIITM-K) and the Blockchain Education Network (BEN).

This new Blockchain Academy will be focused on innovation and tech consulting. Specifically,  of course the academy will explore the distributed ledger use cases related to banking, healthcare and governance.

The first Indian blockchain academy was organized by Primechain Technologies Private Limited based in Baner, near the well-known city of Mumbai and it offers a few different courses for both developers and curious people who aim at knowing more about the tech.

Recently, a new Kerala enterprise was announced by Dr. Rajasree during the blockchain conference held at the Technopark in Kerala’s capital Thiruvananthapuram, according to an press release.

This speech also featured Senior research scientist for IBM Research Labs, Dr Dilip Krishnaswamy, and Michael Gord of the BEN, who explained about the blockchain benefits through a video conference.

IIITM, or the institution that co-founded this new academy, supports the so-called “Maker Village project” in the Keralan city of Kochi. Maker Village is an electronics incubator that sees the blockchain as a relevant topic related to the development of new IoT solutions for machine-to-machine payments.

India has always been interested in bitcoin and blockchain news.

For example, last week, Reserve Bank of India (RBI) deputy governor Rama Subramaniam Gandhi explained that digital currencies are “being overstated”. In fact, according to him, Bitcoin’s lack of central authority and pseudonymous nature mean cannot replace fiat currencies.

Also, RBI recently published a new research on how they want to digitize the rupee, or the country’s bank-issued currency,  with the main goal of avoiding the use of cash money within the Indian economy.

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Amelia Tomasicchio