‘Crypto in Context’ Program Launches to Educate Regions in Need

Published at: July 29, 2020

The Electric Coin Company, or ECC, the outfit behind the privacy-focused Zcash (ZEC) cryptocurrency, has initiated the Crypto in Context program.

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, a July 29 ECC blog post said. The program harnesses “hands-on” interaction and fellowship, utilizing players from the crypto sector, the post said.

The effort keys on regions in need

Cryptocurrency holds a number of financial benefits, including wealth storage, income generation, lending and borrowing through decentralized finance, or DeFi, to name a few.

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. Some U.S. populations, however, also lack the necessary prowess to unlock crypto and blockchain-based opportunities.

Crypto in Context looks toward education

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 the program as:

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

It is unclear whether or not the program is a global effort. Cointelegraph reached out to the ECC for additional details, but received no response as of press time. This article will be updated accordingly should a response come in.

Tags
Related Posts
Zcash Company Confirms ‘Crypto in Context’ Program as Global Effort
The Electric Coin Company, or ECC, the company overseeing privacy coin Zcash (ZEC), recently unveiled a crypto and financial educational movement called the Crypto in Context program. “It is a global effort,” the ECC’s growth vice president, Josh Swihart, confirmed to Cointelegraph in a July 29 email. “We've already supported pilots for Syrian refugees in Turkey, for Arabic speakers across Europe and the Middle East, and for students in Nigeria,” he added. The movement already has sizeable players on board In a July 29 blog post, the ECC announced the launch of its program as a way to bring crypto …
Altcoin / July 30, 2020
Crypto and blockchain jobs' share grew 118% in 10 months, new data shows
Gathering together the most recent data on the cryptocurrency and blockchain job market, a new report suggests that higher levels of institutional adoption have spurred greater demand for expertise in the sector. According to the employment website Indeed — cited Thursday in Korea IT Times — as of mid-July 2021, the overall share of crypto and blockchain job postings on the platform has grown 118% compared with early September 2020. This solid growth has also come with a shift in the roles being sought after, with the share of management posts in crypto and blockchain increasing 29.87% year-on-year as of …
Adoption / Sept. 3, 2021
Japanese IT Giant GMO Launches Zcash Mining Software Client
Japanese internet services giant GMO Internet Inc. has launched a new mining software client designed for mining Zcash (ZEC) on graphic processing units (GPUs). GMO announced the new client, dubbed Cryptknocker, in a news release published September 28. Cryptknocker has reportedly been designed to enable users to mine cryptocurrencies that are based on the Equihash consensus algorithm using commonly-available GPU chips. Unlike more specialized Application-Specific Integrated Circuits (ASICs), GPUs are widely used in many domestic computers. As previously reported, when Zcash’s developers unrolled Equihash – the mining algorithm Zcash, as well as a number of other cryptocurrencies run on – …
Altcoin / Sept. 28, 2018
Market-Wide Losses Intensify in Second Day of Major Crypto Price Plummet
Thursday, September 6: crypto markets are blisteringly red, with virtually all of the top 100 coins posting hefty losses on the 24-hour charts, as Coin360 data shows. Market visualizat ion from Coin360 Bitcoin (BTC) is trading at around $6,492 at press time, down almost 6.32 percent on the day, according to Cointelegraph’s Bitcoin Price Index. Having broken through the $7,000 threshold August 31, Bitcoin saw a solid uptrend until its sudden plummet yesterday, September 5. The top coin is now around 8 percent down on its weekly chart. On the month, however, Bitcoin remains up by around the same figure …
Bitcoin Price / Sept. 6, 2018
Top 5 cryptocurrencies to watch this week: BTC, MANA, MKR, ZEC, KCS
Bitcoin (BTC) has been relatively calm during the weekend as crypto traders try to rebuild the markets after the Terra LUNA debacle. With macro factors not supportive, several analysts expect the recovery to be a slow grind. Crypto research firm Delphi Digital said in a recent report that the rally in the United States dollar index (DXY) had pushed its 14-month relative strength index “above 70 for the first time since its late 2014 to 2016 run up.” Historically, 11 out of 14 such instances had resulted in the DXY rising about 5.7% over the following 12 months. If the …
Adoption / May 16, 2022