Bitcoin Mining Start-Up Plans to Train India’s ‘Untouchable’ Population

Bitcoin Mining Start-Up Plans to Train India’s ‘Untouchable’ Population

International Mining
April 3, 2018 by Alex Hall
260
Mahabfic, a blockchain based non-profit from India has announced that it will partner with the Dalit Indian Chamber of Commerce and Industry (DICCI) to launch a bitcoin mining training program geared toward youth and the socially disadvantaged. The focus will be on farming communities throughout rural India where class inequality still keeps large parts of
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Mahabfic, a blockchain based non-profit from India has announced that it will partner with the Dalit Indian Chamber of Commerce and Industry (DICCI) to launch a bitcoin mining training program geared toward youth and the socially disadvantaged. The focus will be on farming communities throughout rural India where class inequality still keeps large parts of the population contained in the caste they are born into.

To people in the West, a caste system seems like an archaic social structure reminiscent of some of the darkest times in history, but the reality is that there are still millions of people living under similar systems all over the world. In India, while the caste system is much more relaxed than it has been historically, the issue of caste discrimination is still a problem for much of rural India. Sometimes leading to classist violence that often results in the death of Dalit and other untouchable individuals.

The goal of the DICCI and the Mahabfic Bitcoin Mining Training Program (BMTP) is to focus on the Dalit class of people in India, who are individuals that are seen as some of the lowest class citizens and are discriminated against from the moment they are born. Many are even barred from owning certain property like cattle, a sign of prestige and wealth in the country.

First reported by CCN, the founder of the DICCI, Shri Milind Kamble, voiced strong support for the developing blockchain and cryptocurrency industries and their potential to help large parts of the Indian population, who have been historically disenfranchised, usurp the caste system.

            “THE NEW BLOCKCHAIN TECHNOLOGY IS THE FUTURE OF TECHNOLOGY DEVELOPMENT AND TAKING THE WORLD BY STORM AND BITCOIN-CRYPTOCURRENCY MINING IS A MUST FOR BLOCKCHAIN PLATFORM TO OPERATE. HENCE, WE FELT THE NEED TO OFFER BITCOIN-CRYPTOCURRENCY MINING TRAINING PROGRAM (BMTP) TO OUR YOUTH ON A NATIONWIDE SCALE FOR SELF-EMPLOYMENT.”

In a country with over a billion people, the need for a solution to help close the wealth/class gap present in Indian society is clear. Cryptocurrency could be, at least in part, one of those solutions. One that has proven many times over that has the ability to empower people through the control of their own wealth and the way people can transact peer-to-peer without the need for a third-party regulator who might discriminate against people based on arbitrary criteria, like their caste.

 

Image via: Shutterstock 

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