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At these events, women will have the opportunity to connect with other blockchain enthusiasts, learn more about the role of blockchain technology in the world
In the blockchain industry, gender disparity continues to be apparent, where the involvement and representation of women is significantly lower than that of men. While the exact numbers vary depending on the source and the specific industry sector analyzed, studies consistently show that women are underrepresented in blockchain and cryptocurrency in general.
The Global Cryptocurrency User Index reports that of the 378 venture capital-backed crypto and blockchain companies founded worldwide between 2012 and 2018, only one had an all-female founding team, and only 31 (8 .2%) had a combination of male and female founders. Outside of leadership, women are also vastly underrepresented in the workforce, with 95% of people in the blockchain industry being men.
Notably, closing the gender gap in blockchain will bring financial inclusion and economic empowerment to women globally, which will invariably have a strong impact on reducing poverty, increasing education and the overall development of local communities. This is evident because improving economic gender equality leads to remarkable community growth and development.
Bridging the gap through community and events
Blockchain technology offers endless possibilities, but for it to succeed, inclusivity is essential. Yet, this can only be fully realized if organizations recognize that all individuals play a critical role in the success of their operations.
To close the gender gap in the blockchain technology sector, it is crucial that relevant stakeholders, such as government agencies and private organizations, invest significant resources in education, adoption and promotion. financial inclusion of women. Collaboration between the public and private sectors is necessary to achieve the inclusive economic empowerment of women in this industry. By committing resources to these efforts, stakeholders can effectively close the gender gap and create a more equitable and prosperous blockchain technology sector.
Binance continues to use its resources to equip women with the tools and skills to thrive on blockchain. This time, Binance will be present in French-speaking Africa to promote literacy and crypto awareness among women. On March 4, 2023, Binance will host women-focused events themed “Women & Cryptos” (https://apo-opa.info/3J6Zv47) in Yaoundé (Cameroon), Abomey-Calavi (Benin) and Ouagadougou (Burkina Faso). At these events, women will have the opportunity to connect with other blockchain enthusiasts, learn more about the role of blockchain technology in the world, and identify the ways in which crypto is uniquely positioned. to bring more financial equality to the world. All three events will take place simultaneously at 1pm WAT and interested women can register ICI (https://apo-opa.info/3J6Zv47).
As an organization, Binance continues to fight inequality in the blockchain industry, through inclusive and transparent employment principles. Remarkably, her efforts continue to bear fruit, witnessing an impressive turnaround in the perception and participation of women in the blockchain world.
The advancement of blockchain technology should be fueled by values that privilege quality contributions, regardless of gender, race, or political affiliations. After all, the peer-to-peer system inherently embodies equality, with significantly lower barriers to entry and use compared to traditional financial markets. Inclusiveness is paramount as the blockchain industry strives to achieve critical mass and drive widespread adoption.
About Binance :
Binance is the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, with a suite of financial products that includes the largest digital asset exchange by volume. Trusted by millions of people around the world, the Binance platform aims to increase the freedom of money for users and offers an unparalleled portfolio of cryptocurrency products and offerings, including: trading and finance, education, data and research, social good, investment and incubation, decentralization and infrastructure solutions, and more. (Source: APO Group)