Ukraine publishes crypto-teaching videos on Youtube

For better understanding – Ukraine publishes crypto-teaching videos on Youtube

The Ukrainian government wants to provide its population with basic knowledge about crypto currencies.

The Ukrainian Ministry of Digital Change has produced a web series to provide its population with basic knowledge about crypto-currencies, Blockchain and Bitcoin (BTC).

The first episode of the show was released on Wednesday and is part of the „Diia.Digital Education“ programme of the Ukrainian government. Binance, Hacken and Crystal Blockchain, among others, were involved in the development of the show.

Andriy Onistrat leads through the show as a presenter

The web series consists of a total of eight episodes, each lasting six to twelve minutes, and dealing with a knowledge topic from the areas of crypto currencies and blockchain. Former Crypto Engine banker and entrepreneur Andriy Onistrat leads through the show as a presenter, interviewing guests from the blockchain and crypto industry.

The first instructional video is already available on YouTube, which is generally about crypto currencies as a digital transaction system. After introductory explanations, the special features that make crypto currencies a very special form of digital currency are highlighted. One of these characteristics is the verifiability of their circulation quantities.

As Onistrat cites as an example, the Ukrainian central bank could print any number of units of its own national currency completely unnoticed, which is not possible with a crypto currency like Bitcoin. Ivan Paskar, the Ukrainian marketing director of the crypto exchange Binance, explains in this context that the amount of Bitcoin in circulation is completely transparent and can be viewed, which means that such manipulation would not go unnoticed. However, as the amount of Bitcoin in circulation is in any case limited, such manipulation is impossible.

In the further course of the programme, presenter and guest will discuss further concepts and projects in the field of crypto and block chain, including Ethereum, Smart Contracts and decentralised crypto exchanges. Although the format of the show is predominantly beginner-friendly, Onistrat also asked his interview partner a few more in-depth questions, for example to what extent the basic ideas of freedom and decentralisation are compatible with the information gathering of centralised crypto exchanges.

After watching all the episodes, the viewers of the web show are to be issued a certificate attesting to their basic knowledge of block chain and crypto. The instructional videos are a further step of the Ukrainian government, which wants to promote the know-how of its people in the field of digital technologies. To this end, the Ministry of Digital Change has already published other web series under the slogans „Digital teaching for teachers“ and „How to become a YouTuber“.

The Ministry had also previously advocated clearer regulatory rules in the crypto industry, which is why some experts now see the country as an attractive destination for crypto companies. The large crypto exchange Binance helps the ministry to design the corresponding guidelines.