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Ukraine launches cryptocurrency and blockchain TV series

The Ukrainian government aims to educate its citizens on blockchain, Bitcoin, and cryptocurrency.

Kiev, Ukraine / Image by Leonhard Niederwimmer from Pixabay

Sun, 29 Nov 2020, 10:33 am UTC

With the rising crypto market, interest in digital assets is on the rise once more. Ukraine wants to educate its citizens with the launch of an education cryptocurrency and blockchain television series.

Released by the Ukrainian Ministry of Digital Transformation, the show premiered on Wednesday, November 25, Cointelegraph reported. The series is part of the government’s “Diia.Digital Education” program and was produced in collaboration with Binance, Hacken, and Crystal Blockchain.

The premiere, which was hosted by former banker and entrepreneur Andriy Onistrat, featured Ivan Paskar, Binance marketing manager in Ukraine, as a guest. The show discussed a few concepts of cryptocurrency such as the supply auditability of Bitcoin (BTC), digital assets “as a permissionless, unstoppable transaction ledger,” and how the identification requirements in crypto exchange can be reconciled with concepts of decentralization and freedom

Watching all episodes will entitle viewers to receive a certificate of completion. This part of Ukraine’s efforts to improve digital literacy among its populace.

The new cryptocurrency and blockchain-focused television series is part of the government’s digital literacy program which started in 2018, reported. Deputy Minister of Digital Transformation Valeria Lonan said the program already produced over 40 educational films.

The Deputy Minister revealed that the project aims to teach digital literacy to 6 million Ukrainians in three years. “As of the end of December last year, the study showed that 53% of Ukrainians have digital literacy below the baseline. To fix this, we have created this project,” Valeria Lonan explained.

Ukraine has one of the highest cryptocurrency adoption rates in the world. In fact, a report released by the blockchain analytics firm Chainalysis on September 8, 2020, placed Ukraine at the top spot as the country with the highest crypto adoption in its report titled “The 2020 Global Crypto Adoption Index: Cryptocurrency is a Global Phenomenon.”

Following Ukraine is Russia at the second spot and Venezuela at third place. “As we analyze in-depth later in the report, our data shows that Venezuelans use cryptocurrency more when the country’s native fiat currency is losing value to inflation, suggesting that Venezuelans turn to cryptocurrency to preserve savings they may otherwise lose,” the report said.

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