Binance Charity, Women in Tech to Train Moroccan Women on Blockchain, Metaverse

Rabat – Binance Charity, blockchain-enabled philanthropy, and Women in Tech, a global women empowerment organization, recently announced their plans to provide blockchain education courses to Moroccan women from vulnerable communities.

The pilot project, part of the Binance Scholar Program, is set to make its global debut in Brazil’s Rio De Janeiro and South Africa’s Cape Town in October 2022 before entering Morocco, Zambia, Nigeria, Senegal, Burundi, Kenya, Ghana, and the Ivory Coast over the next six months.

Binance Charity has donated $250,000 BUSD for the six-month program that is expected to benefit 2,800 women across ten countries.

The project is set to offer online, hybrid, and in-person classes on blockchain and crypto fundamentals, decentralization, web3, and the Metaverse to small groups of 25 young women aged 15-25, enabling them to pursue a career in blockchain regardless of their developer skills.

The courses are designed for beginners and are set to include skills related to web development, front-end development, full-stack development, and blockchain modules, say the organizers.

Because Binance Charity believes “the future of crypto should be built by all, not the few,” said Helen Hai, vice-president of Binance and head of Binance Charity, “we’re creating courses and removing financial barriers for women, especially those from vulnerable communities, to study and train.”

Echoing Hai’s message, Ayumi Moore Aoki, founder and CEO of Women in Tech, said that “education can truly transform lives” and it “contributes to social justice [and] achievement of one’s full potential.”

She added, “We look forward to our partnership with Binance, making blockchain education accessible to all, especially those women and girls who have been previously disadvantaged.”

As the global blockchain market is expected to grow from $4.93 billion in 2021 to over $200 billion by 2028, Binance Charity and Women in Tech aspire to close the gender gap in the tech industry by providing quality education to women worldwide.

And such a program appears to be much-need in a country like Morocco where the gender gap in the tech sector persists and 62% of citizens have been reported to have never heard of Bitcoin, the world’s most prominent cryptocurrency.

To date, the ownership and trading of cryptocurrencies remain publishable by Moroccan law. However, Moroccan financial institutions seem to be determined to set up a regulatory framework prior to introducing crypto to the national market.