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Source: Сointеlеgrаph

Binance’s charitable arm, Binance Charity, is committed to awarding 30,655 scholarships to students pursuing a career in Web3 in 2023.

The Binance Charity Scholar Program (BCSP) will provide free educational and Web3 training courses that enable tech-savvy students to upgrade their skills without having to overcome any unnecessary financial barriers, Binance Charity explained in a blog post on January 20:

“We understand that digital education and skills development may not be available to many, which results in the blockchain industry lacking diversity and talent. The Binance Scholar program changes all that by covering tuition and courses at some of the world’s leading universities, colleges and professional training providers.”

The blog says that over 82,000 applicants were interested in being part of the next BCSP cohort, equating to an acceptance rate of around 37%.

Participating education partners include the University of Western Australia, the University of Nicosia in Cyprus, the Frankfurt School of Finance and Management in Germany, and the Utiva Technology Center in Nigeria.

Simplon Free Training Center in France, Women In Tech, Kyiv IT Cluster and Ministry of Digital Transformation of Ukraine will also host some BCSP events.

Binance Charity stated that they are partnering with Ukrainian departments to help retrain Ukrainians who may have lost their jobs due to the war with Russia.

The partnership with Women In Tech will train about 3,000 women in rural South Africa and Brazil to support future women entrepreneurs.

Binance Charity will also receive partner support from Binance Academy, the blockchain company’s non-profit education portal.

In 2022 alone, Binance Charity raised over $3.5 million, mostly in the form of Binance USD (BUSD), which helped fund over 290,000 hours of Web3 education and training courses.

Related: Education is key to building sustainability on the blockchain and beyond

Binance Charity CEO Helen Hai said interest in the program continues to skyrocket:

“The response to our Web3 educational projects has been unprecedented, showing the great desire many people have to learn about blockchain, De-Fi, NFT, coding, and more.”

“We are seeing interest from a wide variety of people, including a large number of women […] With so many educational initiatives and great development partners, we’ve never been more excited about building a more inclusive Web3 world,” she added.

Binance Charity has not confirmed when the 30,000+ positions will be filled or when the science program will begin.

Source: Сointеlеgrаph

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