Tbilisi, Georgia, 8th March, 2023, Chainwire
In celebration of International Women’s Day, Binance Charity, the philanthropic arm of Binance, the world’s leading cryptocurrency and blockchain infrastructure provider, has announced a $100,000 donation to Georgia’s Innovation & Technology Agency (GITA) to support web3 education and training. As a result of the partnership, more than 100 women will be able to study professional courses in Web3 and get support to move into the job market.
“We’re proud of our new partnership with GITA, which aims to diversify the Web3 industry by removing financial barriers to study and developing new courses. In celebration of International Women’s Day, we’re allocating 100 out of the 180 scholarships available for women. Georgia is very advanced in terms of adopting new technologies, and there’s already a strong pool of talented women who are interested in innovation, including Web3. We hope these scholarships will enable these women to pursue their passions and further strengthen Georgia as a hub for women in tech.” comments Helen Hai, Head of Binance Charity.
This donation is the latest of Binance Charity’s efforts towards empowering women around the world through education and humanitarian projects. To date, Binance Charity has supported more than 51,000 women across 10 countries, donating over $3 million to women-only initiatives including 36,215 scholarships. In the five years since the non-profit organization was founded, it helped more than 2 million people, with a particular focus on addressing social issues that still disproportionately affect women such as inequality, access to education, and poverty.
Binance Charity donations have been directed to Web3 education programs to support women and other underrepresented and underserved groups to study vocationally as part of workshops as well as through higher education opportunities with top universities. Among these programs are:
- The DLT Talent Programme with Frankfurt Blockchain Center, which is already underway, to support 400 female leaders in the Blockchain space;
- Collaboration with Women in Tech in Brazil, South Africa and Burundi providing funding to train 2,800 women in rural communities in Web3 basics, develop entrepreneurship skills, and support them into employment;
- Partnership with Utiva to strengthen Africa as a hub for tech talent through supporting 1,000 individuals, at least 50% women, to take professional blockchain and digital skills courses.
These projects are part of the Binance Charity Scholar Program, enabling the next generation of Web3 leaders to develop their skills, knowledge and experience without financial barriers. Applications to study as part of this initiative have surpassed 80,000 worldwide since June last year.
Binance Charity remains committed to supporting innovative solutions in using Web3 for social good with a focus on women, as well as investing in research to identify the most impactful ways to use this technology.
About Binance Charity
Binance Charity is a non-profit organization dedicated to unlocking Web3 as a powerful tool for social change. Its mission is to enable Web3 as a driver of social transformation by making its education and research accessible to all, and advancing global solutions for local humanitarian impact. Binance Charity uses its 100% transparent donation platform to build a future where technology is used as a force for good. To date, Binance Charity has supported over 2 million end beneficiaries through various projects. For more information, visit https://www.binance.charity/.
Binance is the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. Trusted by millions worldwide, the Binance platform is dedicated to increasing the freedom of money for users, and features an unmatched portfolio of crypto products and offerings, including trading and finance, education, data and research, social good, investment and incubation, decentralization and infrastructure solutions, and more.
1 thought on “Binance Charity Donates $100,000 in Georgia to Empower Women through Web3 Education”
Think the parable of the unjust steward.
“Jesus also said to the disciples, “There was a rich man who had a manager, and charges were brought to him that this man was wasting his possessions. And he called him and said to him, ‘What is this that I hear about you? Turn in the account of your management, for you can no longer be manager.’ And the manager said to himself, ‘What shall I do, since my master is taking the management away from me? I am not strong enough to dig, and I am ashamed to beg. I have decided what to do, so that when I am removed from management, people may receive me into their houses.’ So, summoning his master’s debtors one by one, he said to the first, ‘How much do you owe my master?’ He said, ‘A hundred measures of oil.’ He said to him ‘Take your bill, and sit down quickly and write fifty.’ Then he said to another, ‘And how much do you owe?’ He said, ‘A hundred measures of wheat.’ He said to him, ‘Take your bill, and write eighty.’”
Binance, knowing they’re headed towards bankruptcy, and quite possibly worse, are buying friends and influence with money that is probably owed to creditors, in the hope that they’ll help them out in the days to come.
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