In today’s technology-dependent world, just 25% of women in tech get the support they need, as the tech industry is majorly dominated by the men fondly called “Tech Bros”.
Despite growth in the size of the global blockchain market, which is forecast to grow from $2.93billion in 2021 to around $200billion by 2028, the gender gap in tech has widened over the past four decades, with only one woman in every five people working in the industry today.
To bridge this gap, Binance Charity, the philanthropic arm of Binance, the world’s leading cryptocurrency and blockchain infrastructure provider, has partnered with women in tech to provide blockchain education courses to 2,800 women from vulnerable communities across Brazil and Africa.
The philanthropic arm of the cryptocurrency provider, Binance Charity is donating the sum of $250,000 BUSD for a six-month pilot project to empower women with the knowledge and skills to thrive in a Web3 future, with the first courses taking place in Rio De Janeiro, Brazil, and Cape Town, South Africa, in October, this year.
Courses will be offered in classes of 25 to young women aged 15 to 25 by qualified trainers in-person, online, or as a hybrid. The Web3 courses will be designed by Binance Academy and adapted to meet the local context.
These Courses will include the fundamentals of cryptocurrency and the blockchain, decentralization, Web3, and the Metaverse.
There will also be classes designed for beginners which will include skills such as web development, front-end development, full-stack development, and complete with the Blockchain modules.
According to the VP of Binance and Head of Charity, Helen Hai, she disclosed that this initiative was set up to eliminate existing barriers for women especially those in vulnerable communities.
In her words; “Binance believes the future of crypto should be built by all, not the few so we’re creating certified courses and removing financial barriers for women, especially those from vulnerable communities, to study and train”.