Blockchain Revolution Series: ‘KBA’, the Indian Institute Joint-Ventures With R3

A government initiative under the Indian Institute of Information Technology and Management, ‘KBA’ (Kerala Blockchain Academy), has now partnered with R3 which is a New York-based enterprise blockchain firm. 

R3 chose the KBA as a general partner who designed a developer certification program on the firm’s Corda blockchain, especially targeted for banking and technology professionals.

KBA pioneered blockchain education on Corda blockchain development program on behalf of the government institution in India.

The program imparts knowledge on technologies such as Hyperledger and Ethereum (ETH) via in-person training.

R3’s Corda and Corda Enterprise are the platforms upon which more than 300 of the world’s largest financial services firms, technology companies, central banks, regulators and trade associations build their applications.

With aggressive cryptocurrency ecosystem, India appears to be quite inclined towards research on blockchain technology. The provincial Indian government, Maharashtra is setting-up an incubation for testing blockchain solutions across various applications. 

R3 designs such technical program meant for finance and banking space. David E. Rutter, the CEO of R3, had said: “Enterprise blockchain is reaching a tipping point. From building the next generation of stock exchanges on blockchain, to facilitating frictionless global trade, blockchain is entering the mainstream of enterprise activity. We’re proud to host one of the most active and diverse ecosystems of blockchain applications on our Corda platform, but to make sure that we keep up with the demand from developers and end-users, significant investments into our personnel are essential.”