Indian Government in Dizzying Reversal Sponsors Free Crypto Course

An Indian government crypto course is scheduled to start in July even as lawmakers are currently proposing to outlaw bitcoin in the country. | Source: Shutterstock
An Indian government crypto course is scheduled to start in July even as lawmakers are currently proposing to outlaw bitcoin in the country. | Source: Shutterstock

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.

Swayam twitter page
Swayam twitter page

SWAYAM is the government initiative running the free blockchain course.| Source: Twitter.

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.

Read the full story on CCN.com.