Kerala Blockchain Academy (KBA), an Indian institution of Kerala is partnering with the blockchain firm R3. The former institution is a state government initiative under the Indian Institute of Information Technology and Management (IITM). R3 Corda, the New York blockchain enterprise opted for KBA as its general partner.

The Kerala academy has come up with a developer certification program designed on R3’s Corda blockchain. This certification program of KBA is for banking and technology professionals. Additionally, it will offer in-person classroom training on topics including blockchain, ethereum, hyper ledger on Corda App. KBA is India’s first government institution to have a developer program on R3 Corda.

Even various financial sectors of Kerala are deploying Corda blockchain solutions for banking systems. Over 300 organizations are working under R3 to build distributed systems for insurance and financial sectors, as the source states.

India seems to embrace the blockchain technology, however, the country is still skeptical about cryptocurrencies. With the potential threat of a crypto ban in India, both RBI and crypto stakeholders are in a debate before the Supreme Court. In the recent hearing, the SC judge questioned the RBI about choosing to ban crypto trading when it could regulate it. The courtroom battle between India’s cryptocurrency exchanges and the central bank seems in the favor of the former.