Bitcoin News and Finance
Binance Launches Blockchain Education Program in Kazakhstan Skip to main content

Binance Launches Blockchain Education Program in Kazakhstan

Binance Launches Blockchain Education Program in Kazakhstan

Cryptocurrency exchange Binance is behind an initiative to qualify university students in Kazakhstan to work in the industry. Under an agreement with the government, the blockchain course will be added to the curricula of higher education institutions across the country.

Binance Exchange to Help Teach Blockchain at Kazakhstan’s Universities

The world’s largest crypto exchange, Binance, is launching an education program in Kazakhstan. The trading platform is preparing to provide blockchain training to more than 40,000 students by 2026 at universities and colleges across the Central Asian nation, according to a press release published on Tuesday.

Binance is partnering on the initiative with the Blockchain Center research lab established by the Center for the Development of Payment and Financial Technologies of the National Bank of Kazakhstan (NBK) and the Astana International Financial Centre (AIFC), the Ministry of Digital Development, and the Ministry of Education.

The project will be realized under a memorandum of cooperation with these government organizations signed by Zhaslan Madiyev, general manager of Binance Kazakhstan. In accordance with the agreement, the exchange will provide educational materials and support for the basic course on blockchain and compliance.

Kazakhstan now becomes one of the first countries to add a blockchain curriculum to the educational programs of universities, the announcement noted. “Professionals with the knowledge of blockchain, digital assets and compliance will become a resource for the global blockchain industry,” the participants hope. Gleb Kostarev, Asia regional head at Binance, commented:

We support Kazakhstan’s goal to become a leading player in digital technologies which would not be possible without increasing education and blockchain adoption around the country.

Global Cryptocurrency Exchange Seeks Expansion in Central Asia

The initiative stems from a meeting of Binance founder and CEO Changpeng Zhao with President Kassym-Jomart Tokayev in May of this year. In October, Binance offered to support Kazakhstan’s government in the “safe development” of the country’s crypto sector. The NBK plans to use the Bnb Chain for the deployment of its digital tenge.

Also in October, Binance was licensed to operate as a provider of crypto exchange and custody services out of the Astana financial hub. The focus on Kazakhstan comes after it became a major mining hotspot since Chinese authorities cracked down on the industry in 2021. Its government has been trying to regulate the crypto space.

The global platform has been seeking to expand its presence in the region amid the ongoing crypto winter and held meetings with officials in neighboring Kyrgyzstan as well. Earlier this month, it also offered to support the government of Azerbaijan, another former-Soviet republic, in its efforts to establish a national regulatory framework for digital assets.

Do you think blockchain education programs will help crypto adoption in Central Asia? Share your thoughts on the subject in the comments section below.

Labels:

Comments

Post a Comment

Popular posts from this blog

Custodial Lightning Network Service Attack Discovered by LN ‘Newbie’ — Hacker Strikes 6 LN Custodians

On September 18, a Redditor posted to the r/bitcoin forum and explained how he discovered a way to “attack [the] lightning Network’s custodial services.” The Reddit account dubbed “Reckless Satoshi” wanted to figure out if a “discrepancy between real routing fees and service’s transaction fee can be exploited for a profit.” The researcher disclosed that he wanted to see how large the damage could be and said “it is bad.” 6 Lightning Network Custodial Services Attacked, Researcher Discloses Findings to Offenders Prior to Public Disclosure A Redditor called Reckless Satoshi published a disclosure post on r/bitcoin this past Saturday and disclosed how he had found a vulnerability with routing fees and some of the Lightning Network’s custodial services. The research attack was done in good faith and after it was complete he disclosed the bugs to the offending services before publishing his findings. Reckless Satoshi used the Lightning Network (LN) attack on six different services incl
Post a Comment
Read more

Axie Infinity Down 40% Since Last Week’s Price High, Protocol Revenue Outshines Competitors

Last week, the game token leveraged within the Axie Infinity gaming universe skyrocketed to all-time highs, while other crypto markets remained extremely lackluster. During the last seven days, Axie Infinity’s platform token has dropped significantly in value shedding more than 12%. Meanwhile, the game platform’s smooth love potion token has slid over 8% over the last 24 hours. Axie Infinity Down More Than 40% Since All-Time High Not too long ago, the axie infinity (AXS) token was a topical conversation because it reached an all-time high on July 15. At the time, AXS managed to capture $28.93 per unit and since then it has shed 12.8% during the last seven days. The axie infinity (AXS) token is used within the blockchain-based game that involves battles between token-based creatures called “Axies.” AXS is used for the game’s governance system as well as other actions within the game. At the time of writing axie infinity (AXS) is exchanging hands for $16.70 per coin. AXS/USD on Ju
Post a Comment
Read more

Play-to-Earn Game From Polker (PKR) Exchange Listing – Endorsed by Akon

The Play-to-Earn NFT based Polker.Game ‘s native token $PKR has been officially listed on the popular centralized exchange BitMart. Polker.game has been in the spotlight recently as Akon, the American R&B superstar and record producer gave his official endorsement of polker stating that the “game is revolutionary” and that Polker is “hands down.. the best play to earn, NFT game in the space.”. With the BitMart listing and celebrity endorsement from Akon, Polker is perfectly positioned to become a major player in the Play-to-Earn league. Watch Akon’s Video Here What is Play-to-Earn? Although not a new concept, play-to-earn has become a trending term due to the popularity of the NFT game AXIE infinity. In the past, previous play-to-earn games have also achieved success – however, thanks to the huge amount of development in the blockchain space in recent years the gaming experience is now massively improved. Play-to-Earn games are essentially free to play and open to anyone and
Post a Comment
Read more

China to Crack Down on Copyright Infringement Through NFTs

Authorities in China are going after creators of digital collectibles based on other people’s works of art, the use of which was not authorized. The government offensive is part of a campaign to combat online copyright infringement and piracy with the participation of several departments. Regulators in China Move to Strengthen Copyright Supervision of Online Platforms The National Copyright Administration of China (NCAC) has recently launched a campaign against copyright infringement and piracy on the internet, together with the Ministry of Industry and Information Technology, the Ministry of Public Security, and the State Internet Information Office of the People’s Republic. A major objective of the initiative is to improve copyright supervision of online businesses by investigating cases involving the sale and distribution of infringing products on short video, live broadcast and e-commerce platforms, and promptly dealing with infringing content, the agency announced in a press r
Post a Comment
Read more
Blogarama - Blog Directory