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Government-backed Kerala Blockchain Academy launches innovation club with UNIC and

Mon, 09 Sep 2019, 06:41 am UTC

Kerala Blockchain Academy (KBA) has launched Kerala Blockchain Academy Innovation Club (KBAIC) - 'Decentralised' India Chapter, with the objective of providing global exposure to student members from across campuses, according to the Press Trust of India.

Founded in 2017, KBA is an initiative of Government of the Indian state of Kerala under the Indian Institute of Information and Technology and Management-Kerala (IIITM-K). It is an Associate Member and Official Training Partner of Linux Foundation Hyperledger Project and a General Partner of R3 consortium of Corda Blockchain.

As per the report, KBA has partnered with the University of Nicosia (UNIC) and blockchain startup to launch the innovation club.

Supported by UNIC, 'Decentralised' is a global blockchain student network which spans several countries around the world. According to the description on the official website:

“KBAIC provides an opportunity to work closely with experts and experiment the latest advancements in this domain. This will also help students to build their career in the disruptive world of blockchain.”

Speaking at the inauguration ceremony, Dr. Chandrasekaran Pandurangan, Professor, IIT Madras, said that blockchain technology is driving great enthusiasm in technology sector due to its immense possibilities, adding:

"We must be able to tap its potential to give a new dimension to the industry. It's laudable that KBA in partnering with University of Nicosia has taken the right steps for achieving its primary goal of becoming the blockchain hub of the country.”

In addition, KBA has also announced an ambitious project to set up Kerala Blockchain Academy Innovation Clubs (KBAICs) in academic institutions, jointly with Kerala Startup Mission (KSUM).

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