Binance Charity Collaborates With Women in Tech to Roll out Free Blockchain Courses for Underserved Communities in Africa, Brazil
Women in Tech and Binance Charity, the philanthropic arm of the world’s largest cryptocurrency exchange and blockchain infrastructure provider, Binance, respectively, today announced a landmark global partnership to educate 2,800 women from marginalized communities in Brazil and Africa about blockchain technology.
The first courses will be held in Rio de Janeiro, Brazil, and Cape Town, South Africa, in October of this year, thanks to a donation from Binance Charity of $250,000 BUSD for a six-month pilot initiative to equip women with the knowledge and abilities to survive in a Web3 future.
“We think that education can genuinely change people’s lives. Education helps people reach their full potential, which is more essential than just contributing to social justice. It imparts knowledge and skills, creating chances for long-lasting effects. We are eager to work with Binance to make blockchain education available to everyone, especially historically underprivileged women and girls. Founder and CEO of Women in Tech®, Ayumi Moore Aoki
The market for blockchain technology is anticipated to increase in size from $4.93 billion in 2021 to more than $200 billion by 2028. But during the previous forty years, the gender gap in technology has grown, with only one woman working in the sector now.
Women in Tech®, an international non-profit organization with a purpose to address the gender gap in the tech industry, and Binance have partnered to provide professional training to the vast employment opportunities that are expected to open up inside the blockchain industry for women.
“Binance thinks that the future of cryptocurrency should be established by everyone, not just a select few, so we’re developing accredited courses and reducing financial obstacles to education and training for women, especially those from disadvantaged regions.
The accessibility of top-notch blockchain education, innovation, and research opportunities is crucial to Binance and Women in Tech. Helen Hai, vice president of Binance and director of Binance Charity, said.
Young women between the ages of 15 and 25 will be able to enroll in classes of 25 with competent instructors in person, online, or in a hybrid format. Binance Academy will create the Web3 courses, which will then be modified to fit the local environment. Fundamentals of Blockchain, Cryptography, Decentralization, Web 3, and the Metaverse will all be covered in the courses.
Regardless of their current programming abilities, women can train to pursue a career in blockchain through our hybrid methodology of online and in-person learning. Classes will cover topics including web development, front-end development, full-stack programming, and the Blockchain modules and are intended for total novices.
One of the initial batches of 50 women participating in the Brazil pilot program will do so in Morro dos Prazeres, Rio de Janeiro; another 300 women will sign up for the program nationwide over the course of the following five months. For an additional 50 women, the South Africa pilot will be held in Cape Town at the Philippi Village Tech Hub in the Philipp Township. Additional programs will be implemented in Zambia, Nigeria, Senegal, Morocco, Burundi, Kenya, Ghana, and the Ivory Coast during the course of the following six months.
The Binance Scholar Program, which will offer students on-going academic and professional support once they finish their courses, includes this initiative. The global initiative’s IT Generations project, which offered 1,000 Ukrainians full scholarships to study in tech-related courses, was inaugurated last month. The goal of the Binance Scholar Program is to remove financial constraints from the next generation of digital leaders’ ability to advance their education.