In the past several years India has emerged as a technological powerhouse. India has some of the greatest professionals in various fields including Engineering and Finance. Moreover, the IT market in the country has a net value of almost one hundred and sixty billion dollars ($160 b), which is expected to double up in the next 5 years.
Cardano (ADA) acknowledges this fact and has therefore decided to open a blockchain academy in India dubbed as EMURGO academy. Cardano is home to ADA cryptocurrency and EMURGO is the company’s commercial and venture arm.
EMURGO is responsible with the venture into India and hopes to train developers in order to give them expertise. Moreover, as the academy will be an extension of Cardano’s system it will increase blockchain adoption in the region where most of the people are unfamiliar about it.