Kerala Blockchain Academy Becomes General Partner Of R3 Blockchain Consortium

Blockchain, News | August 28, 2019 By:

Kerala Blockchain Academy (KBA) has been selected as a general partner of R3, an enterprise blockchain software firm working with more than 300 organizations across multiple industries to develop on blockchain platform Corda.

Founded in 2017, KBA is an initiative of Government of the Indian state of Kerala, under Indian Institute of Information and Technology and Management – Kerala (IIITM-K), that explores the disruptive potential of the blockchain technology for achieving public good through capacity building to promote Research, Development and Entrepreneurship. KBA is an Associate Member and Official Training Partner of Linux Foundation Hyperledger Project.

Local news outlet The Economic Times reported that KBA has already designed a developer certification program on Corda blockchain, which will be launched next month. This program is reportedly meant for banking and technology professionals and includes training on Corda App development. KBA also provides in-person training on technologies such as Hyperledger and Ethereum.

The government of Kerala has been exploring the applications of blockchain technology for the past couple of years. In June 2018, the government embarked on a strategy to leverage blockchain to streamline purchase and distribution network of milk, vegetables and fish in the state. Kerala is also using blockchain for its crop insurance scheme to ensure quick processing and settlement of claims to farmers suffering crop losses.