• The charity arm of Binance has launched an initiative to train 2 800 women in rural South Africa and Brazil.
• Participants will be able to take advantage of education in coding, blockchain applications, and the metaverse.
• The firm has partnered with international diversity-focused organisation Women in Tech to run the initiative.

The philanthropic arm of cryptocurrency trading company Binance, Binance Charity, announced today that it has partnered with Women in Tech to provide Web3 vocational training, with a focus on blockchain, for 2 800 women in rural communities in  South Africa and Brazil.

Women in Tech is an international organisation promoting diversity in science, technology, engineering, arts and maths. It says it has a double mission: to close the gender gap and to help women embrace technology.

According to a press release sent to Hypertext, the training will focus on a large variety of skills for trends in the Web3 space including “coding, blockchain application, cryptocurrency, decentralization, NFT, Metaverse, tokens and trading.”

In addition to these training programmes, Binance Charity has collaborated with tech training firm UTIVA in Nigeria to educate 50 000 young people in Blockchain/Web3 and provide scholarships for 1 000 Africans in a one-year intensive skill training programme. Binance says it hopes this training will allow the individuals that take part to move into employment. 

Courses are available both online and offline and in varying lengths from short intro classes to 12-month commitments. “This is just the beginning of Binance Charity’s education initiative, more projects are set to be announced early next year,” the company adds in the release.

The company says that it has so far funded 259 180 hours of training and education across classrooms, bootcamps and community workshops.

In total Binance Charity says it will be offering 67 155 scholarship places across countries where it operates but many of these are yet to even open to applications.

“The response to our Web3 education projects has been unprecedented, showing the keen appetite of so many people to learn about blockchain, De-Fi, NFTs, coding and much more. And, we’re seeing interest from a diverse range of people, including a great ratio of women, which is something I feel particularly passionate about,” enthused Helen Hai, head of Binance Charity.  

Other projects currently being worked on by Binance Charity include vocational training for 10 000 people, including a specific course for 2 000 women reducing the gender gap in the ecosystem and increasing the diversity of talent supply with the Frankfurt School of Blockchain, Germany.

[Image – Desola Lanre-Ologun on Unsplash]