BNB Chain, a blockchain network created by cryptocurrency exchange Binance, and Latin America-focused education platform Platzi, have announced the launch of a Web3 development course for the region.
By the end of the year, the course aims to be available to 30,000 students. Gwendolyn Regina, director of investment at BNB Chain, told Cointelegraph that the course focuses on developing developer skills.
This will be the primary educational resource available in Spanish for Web2 developers building on Web3 using BNB chains.
This development is an effort to drive widespread adoption of blockchain technology and Web3 education in the region. In general, the biggest barriers to entry into the industry are accessibility and education, along with unclear regulations from local governments.
Even those who have already bought cryptocurrency are often misunderstood about how the technology works. According to Investigation Nearly 10% of respondents who own cryptocurrencies say they don’t understand how they actually work, according to a Motley Fool survey.
Therefore, education is key. This is even more important in regions like Latin America, where cryptocurrencies can empower locals outside traditional and messy financial institutions. Regina told Cointelegraph:
If we can increase access to resources for building Web3 tools on the BNB chain, we can greatly support the development of the region.
El Salvador, the first country to legalize Bitcoin, has an ongoing effort to educate the public about cryptocurrencies. The country has introduced a grassroots diploma program called Mi Primer Bitcoin, or My First Bitcoin. This aims to increase the crypto literacy of young people.
To encourage participation in the new BNB Chain course, those attending the BNB Chain Developer Camp in Bogota, Colombia this September will have the chance to win a limited number of scholarships for the new online course. .
Latin America is growing as a hub of innovation and adoption for cryptography and Web3 development. Earlier this month, Binance and Mastercard released prepaid crypto cards in Argentina.
Latin America needs to balance retail experience with building potential. There is a large community that knows about cryptocurrencies and their usefulness from day-to-day experience, says Regina.