By CCN Markets: The Indian government continues to project a deep level of hypocrisy as it turns its attention to sponsoring a blockchain and cryptocurrency course. As CCN recently reported, the government is simultaneously proposing an insane anti-crypto bill with hard jail-time for bitcoin users.
The undergraduate course, which is entitled Blockchain Architecture Design and Use Cases, is completely free unless you want a relatively inexpensive certificate. Cryptocurrency is hugely popular in India, and the government’s indecision on the blockchain is no doubt leaving many local enthusiasts confused.
Building on Closed Blockchains?
SWAYAM, or Study Webs of Active Learning for Young Aspiring Minds, is the government-backed initiative running the course. The mouth-juggling organization begins the opening statement for this particular course by saying:
“The widespread popularity of digital cryptocurrencies has led the foundation of blockchain, which is fundamentally a public digital ledger to share information in a trustworthy and secure way.”
Readers should not miss the irony in this statement considering the course’s technical partner. IBM has built its reputation in crypto on the back of permissioned, or closed blockchains, a term that is laughable in the space since the whole philosophy behind the movement is to decentralize networks in the first place.
Considering one of the instructors, Dr. Praveen Jayachandran, works for IBM India, a large part of the course material will be skewed toward their blockchain product – Hyperledger Fabric – naturally.
Jumping on the Blockchain Bandwagon
The Indian government seems to be jumping on the blockchain bandwagon with this one as it punts the popularity of the “blockchain” keyword in the promotional video. It uses Google Trends to show a marked difference with the keyword “deep learning.”