Binance Charity, the philanthropic arm of Binance and Women in Tech, announced a global partnership to deliver blockchain courses to 2,800 women from vulnerable communities in Brazil and several African countries.
Binance Charity is donating $250,000 in BUSD for a six-month pilot project that will empower women with the knowledge and skills to build on the future of Web3. The first courses take place in Rio de Janeiro, Brazil, and Cape Town, South Africa, starting in October this year.
The size of the global blockchain market is expected to grow from USD 4.93 billion in 2021 to more than USD 200 billion in 2028. However, in the last four decades, the gender gap in technology has widened, and today only one woman in five people works in this industry.
“Binance believes that the future of cryptocurrencies should be built by everyone, not just the few. That is why we are creating certified courses and removing financial barriers for women to study and practice, especially those from vulnerable communities.said Helen Hai, Vice President of Binance and Head of Binance Charity.
The courses will be offered in classes for 25 young women between the ages of 15 and 25, taught by qualified teachers in person, online or hybrid. Web3 courses will be structured by Binance Academy and prepared to adapt to the local context.
“We believe that education can effectively transform lives. Not only does it contribute to social justice, but above all, education helps people reach their full potential. Teaching skills and knowledge promotes opportunities for sustainable impact. We hope that our partnership with Binance will make blockchain education accessible to all, especially those women and girls who live in inequality.”, commented Ayumi Moore Aoki, founder and executive director of Women in Tech.
The pilot program in Brazil begins in Morro dos Prazeres (Rio de Janeiro) and the first round will feature 50 women. Over the next five months, another 300 women will enroll in the program across the country. South African pilot starts in Cape Town at Philippi Village Tech Hub in Philipp Township for another 50 women. During the six months, other programs will be implemented in Zambia, Nigeria, Senegal, Morocco, Burundi, Kenya, Ghana and Ivory Coast.
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