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Electric Coin Company Launches “Crypto in Context” Program To Educate Less Privileged Regions On The

The Electric Coin Company (ECC), the company behind the privacy-focused Zcash (ZEC) cryptocurrency, has launched the “Crypto in Context” program to educate less privileged regions on the benefits of cryptocurrencies.

On July 29, it has been reported in a blog post that the effort touts itself as a crypto education, assistive and collaborative movement, looking to impact regions where individuals lack financial service access and other difficulties.

However, the post said that the program harnesses “hands-on” interaction and fellowship, utilizing players from the crypto sector.

The report also stated that cryptocurrency holds a number of financial benefits, including wealth storage, income generation, lending, and borrowing through decentralized finance (DeFi) to name a few.

Likewise, crypto offers a way out of the centralized system controlled by governments and big companies. Many global regions, such as Venezuela, have faced various issues including surging inflation.

The @ElectricCoinCo has started up a program for $crypto education, @benjaminpirus reports — Cointelegraph (@Cointelegraph) July 29, 2020

Some US populations also lack the necessary prowess to unlock crypto and blockchain-based opportunities.

The ECC’s program looks to educate and assist regions that may benefit from financial options outside the system.

The ECC’s blog post explained:

“An initiative connecting industry leaders with underserved and burgeoning communities — for dialog and discovery, networking, and collaborative workshops focused on cryptocurrencies and financial literacy.”

Thus, it is not clear whether or not the program is a global effort.

Source: Cointelegraph | Image: Deccan Herald

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