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 https://t.co/lra5DfMhnW — 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.