Sector of the crypto business in Ukraine decided to fill the lack of developers in this area. Several companies, the industry’s association and an educational organization have teamed up to create professional courses, through which students can learn to create solutions based on crypto technologies.
For an educational project meet six companies, including several well-known crypto-platforms, Blockchain Association of Ukraine (BAU) and the Ukrainian National IT Factory (UNIT). The first course of the Blockchain Hub Academy has already started. Over the next four months will be prepared by a group of 30 students able to solve problems facing the Ukrainian crypto industry.
BAU vice president Vitaliy Bulychev said:
"The goal of this initiative is the training oftech specialists for the crypto industry. Growing industry provides a tremendous opportunity to monetize knowledge, and also gives a sense of satisfaction from creating valuable products, each of which is a brick in the foundation of a new paradigm of economic relations. Today in Ukraine there are many people who wish to learn and share their unique knowledge. It's a win-win situation for all stakeholders."
The educational program has been developed with the participation of experts from major Ukrainian companies such as Remme, Distributed Lab, Atticlab, Pandora Boxchain, Blocksoftlab and Kuna Exchange. It is based on UNIT’s P2P approach, suggesting the absence of lecturers.
The four-month course is divided into two segments. The first part named "Satoshi Way" is focused on bitcoin and the basic distributed ledger technologies. The second part called "Era of post-Satoshi" will cover the whole range of technologies and developments that appeared after bitcoin.
During the training, students will learn how to create cryptocurrency wallets and smart contracts, and how to work with different protocols. In addition, they will receive a basic knowledge about cryptography and game theory. After completion of the program students will receive knowledge and skills required to develop their own blockchain solutions.
Despite the relatively developed crypto sector, Ukraine has yet to adopt dedicated regulations and legalize the industry. Several bills were presented in the Ukrainian Parliament in 2017, but the Verkhovna Rada has still not approved any of them.
In October last year, the Ministry of economic development and trade announced the creation of a new regulatory concept. According to the document, Ukraine needs to legalize cryptocurrencies and related business activity over the next three years.
In a report published in the spring of 2018, it is stated that the daily trading volume of digital coins with the Ukrainian hryvnia surpasses $1.9 million. In December, data appeared on the annual volume of cryptocurrency trade in Ukraine, which amounts to 775 million dollars.