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Binance Chain (BNB) Introduces Latin America Web3 Course

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Indrani bose Follow

INDIA

Aug, 18 2022

Aug, 18 2022

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A Web3 development course will be made available for Latin America as announced by BNB Chain, a blockchain network developed by cryptocurrency exchange Binance  in collaboration Latin America-focused education platform platzi.?The course hopes to be available to 30,000 students by the end of the year. 


This development is an endeavour to promote Web3 education and broader usage of blockchain technology in the area. The biggest obstacles to entering the industry in Latin America are typically related to accessibility, education, and murky local government rules. A small number of scholarships for the new online course will be offered to attendees of the BNB Chain Developer Camp in September in Bogota, Colombia, in an effort to promote enrollment in the new course. 


This training focuses on developing developers' skills, according to Gwendolyn Regina, investment director at BNB Chain. This will be the main Spanish-language teaching resource for Web2 developers that want to use BNB Chain to build on Web3 technology. According to him, Binance aspires to make resources more accessible so that users can create Web3 products on the platform and to assist the growth of blockchain usage in Latin America. 


The Binance Smart Chain and the Binance Chain fused to produce the BNB Chain, which, according to the company's CEO Changpeng Zhao, is an acronym for "Build 'N Build." The BNB Chain is made up of the BNB Smart Chain, which is still compatible with the Ethereum Virtual Machine (EVM), and the BNB Beacon Chain for governance. 


Latin America is becoming a more important centre for innovation, adoption, and Web3 technology. A recent poll by Mastercard found that 11% of respondents have made a purchase using a digital asset, while more than a third of Latin Americans claimed to have used a stablecoin for an everyday purchase. In fact, decentralised finance (DeFi) applications continue to gain popularity in the region as inflation and macroeconomic instability surge. In fact, according to Chainalysis analysis, Latin America has continuously captured between 8% and 10% of worldwide bitcoin activity. 

Other nations working on educating people on cryptocurrency 


El Salvador, the first nation to accept Bitcoin as legal cash, is making an effort to inform the people about cryptocurrencies. The nation launched a grassroots certificate programme called Mi Primer Bitcoin, or "My First Bitcoin," with the goal of raising young people's crypto knowledge.  


Even among people who have previously bought cryptocurrency, misconceptions about how the technology operates are common. Nearly 10% of respondents in a Motley Fool survey who possess cryptocurrency stated they don't know how it actually operates 


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Indrani bose

CBW - External Analyst

INDIA

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