Dr. Pavel Kravchenko is currently an advisor at decentralized platform Decent and co-founder of DistributedLab. He does a great job on raising Bitcoin CT r: 8 and Blockchain awareness in Ukraine , giving lectures and organizing conferences and meetups. Pavel also is an organizer and a think-tank of the BIP001 conference , which aims to raise Bitcoin and Blockchain awareness among Ukrainians and establishing bridges between EU , US and Ukrainian markets. CoinTelegraph is a media partner for the conference. Our task is to outline the main issues of the Ukrainian crypto market that will be discussed at the conference. Pavel kindly agreed to discuss with CoinTelegraph the main problems affecting the crypto industry in Ukraine.
CT: How difficult is it to promote Bitcoin and Blockchain in Ukraine? Which problems do these technologies face in the country?
Pavel Kravchenko: Cryptocurrency itself is quite popular in Ukraine. There are plenty use cases for it, from payments to freelancers to investing and offshore transactions . “It’s one of the simplest payment methods and besides, Ukraine has a leading position in buying and selling Bitcoins. So it’s quite easy to enter the market here.” Concerning Blockchain, I believe it’s too early to speak about some significant progress. The technology is still new and unknown here but we’re trying to have a closer look at it. The Odessa government plans to hold the first real estate auction on the blockchain. It is part of a bigger project to set up the first E-Governance system. Besides, there are some more projects that could help promote Blockchain in Ukraine but it will definitely take some time to do that.
As for the problems, I see only one thing – a lack of Bitcoin and Blockchain awareness. Many people simply don’t know these technologies even exist. […]
