New Ukrainian web series teaches citizens about crypto. The Ukrainian Ministry of Digital Transformation released a web series with the aim to get the citizens educated about cryptocurrencies, blockchain and Bitcoin (BTC).
The show premiered on Wednesday and was developed in collaboration with Binance, Hacken and Crystal Blockchain as part of the Ukrainian government’s “Diia.Digital Education” program.
The show consists of eight episodes with each being 6 to 12 minutes long. It explains the basic concepts of cryptocurrency and blockchain. The show is hosted by Andriy Onistrat, an entrepreneur and former banker, who interviews guests working in the blockchain industry.
The first episode, available on YouTube, introduces the concept of cryptocurrencies as a permissionless, unstoppable transaction ledger. Special consideration is given to the concept of supply auditability, with Onistrat noting that the National Bank of Ukraine could always decide to vastly increase the supply of the hryvnia, Ukraine’s national currency. Ivan Paskar, Binance marketing manager in Ukraine, explains how Bitcoin maintains an immutable, auditable supply.
The pair also spoke about more complex concepts, ethereum, smart contracts and decentralised exchanges. Despite the new format of the show, Onistrat still asked Paskar some harder questions—such as how the principles of decentralisation and independence can be reconciled with the identity criteria seen in many centralised exchanges.
Viewers receive a certificate of completion upon completing all episodes. The initiative is part of the Ukrainian government’s push to achieve digital literacy in the country. Other shows offered by the ministry include “digital lessons for teachers” and “how to become a YouTube blogger.”
The Ministry of Digital Transformation of Ukraine has previously lobbied for clearer legislation for cryptocurrency companies in Ukraine, leading some to believe that the country is well placed to attract a flourishing crypto-currency ecosystem. Binance has been working with the Ministry since last year when it signed a memorandum of understanding to help design the country’s cryptocurrency regulations.
[image: Valik Chernetskyi]