Development of blockchain education on the Ivory Coast: collaboration between Tether and the Africa Blockchain Institute.
Tether and Africa Blockchain Institute are Advancing Blockchain Education in Ivory Coast
The world’s largest issuer of stablecoin, Tether, has entered into a partnership with the prestigious Africa Blockchain Institute based in Rwanda. The aim of this collaboration is to expand the cryptocurrency company’s educational program into the Ivory Coast, introducing students to the world of blockchain technology.
Blockchain Workshops at Universities in Ivory Coast
The partnership between Tether and Africa Blockchain Institute includes organizing workshops at five prominent universities in the country. The program involves institutions such as the Felix Houphouët-Boigny University, Institut National Polytechnique Félix Houphouët-Boigny, Pigier Business School, Alassane Ouattara University, and Abobo-Adjamé University.
Access to Knowledge and Skills in Blockchain
Students participating in the program will not only acquire theoretical knowledge but also practical skills related to blockchain technology and cryptocurrencies. The initiative also places a strong emphasis on smart contracts, which are gaining increasing importance in various sectors of the global economy.
Tether Edu and the Advancement of Blockchain Education
Established in February 2024, Tether Edu focuses on developing blockchain education in emerging markets such as Africa, Latin America, and the Middle East. This is a step towards increasing awareness and understanding of blockchain technology among the younger generations worldwide.
The Development of the Cryptocurrency Market in Africa
Africa has a rapidly growing cryptocurrency community. A report by KASI Insight in June 2023 revealed that as many as 66% of respondents on the continent are familiar with cryptocurrencies. It is estimated that the number of cryptocurrency holders in Africa has reached 44 million individuals.
Challenges and Prospects for Cryptocurrency Development in Africa
Despite the dynamic growth of the cryptocurrency market in Africa, the International Monetary Fund highlighted in 2022 the need for regulations in the cryptocurrency sector. Many countries on the continent are already implementing appropriate legal frameworks, while some nations still prohibit the use of cryptocurrencies.
Preparing Future Leaders of the Digital Economy
The collaboration between Tether and Africa Blockchain Institute aims to prepare future leaders from Ivory Coast and other African countries to effectively operate in the digital economy. The educational program seeks to equip students with the necessary knowledge and skills to succeed in the field of blockchain technology and cryptocurrencies.