A non-profit company in Afghanistan which teaches women to write code has partnered with a network which allows students to accept Ether (ETH) for fixing vulnerabilities for businesses or projects posting bounties, writes Coindesk.
The company, Code to Inspire (CTI), has partnered with The Bounties Network for this endeavor. According to Fereshteh Forough, the founder of CTI, the women are already earning Ether.
In May, the partnership was formed, setting up the women with MetaMask accounts and software wallets. Although Forough didn’t expand on details about the project, it claimed that earnings varied between USD 10 and USD 80 per completed bounty.
A bounty is a simple task or job created by a coin developer that you carry out to earn coins or tokens, usually before and during an initial coin offering (ICO). The main areas are typically Tweeting about the project, posting on Facebook, creating blog posts, designing a logo for the coin, or participating in a forum with the logo signature. These jobs are essential jobs for the coin developer to promote their coin during ICO stage to fund their ambitions, explains CryptoCoinDude.
Forough didn’t say how much had been collected by her new staff, but explained that this wasn’t her first enterprise of this type. In 2014, she collaborated with another fellow Afghan entrepreneur Roya Mahoob to teach women how to earn Bitcoin by blogging, although the program fell into problems due to a lack of a local crypto exchange. Also, most of the bloggers had no bank accounts.
“The challenge was how to exchange [Bitcoin] to the local fiat currency… Even now, when they are saving crypto in any form, there is still the same challenges of how we can exchange them with the local currency or dollars.”
Another Bitcoin enthusiast, Afghan-American Janey Gak, is less optimistic, explaining that Afghanis are still asking simple questions about cryptocurrency and she’d only ever had one question about Ether, implying there’s still a long way to go before cryptocurrencies reach any kind of acceptance in Afghanistan. However, she was positive about the inclusion of women, particularly working in the financial sector in a male-dominated society:
“I personally think it is good to have digital literacy or financial literacy, the knowledge, especially for women in Afghanistan that are limited from accessing a lot of financial resources, such as banks,” adding, “It’s an amazing technology, not only in case of financial aspects but also in terms of using blockchain technology to create different products that could tackle, maybe, one of these [local access] issues.”
It is thought that cryptocurrency could find real leverage in the county if local money-sellers, called safaris, were to start trading in digital currency. Afghans are generally untrusting of financial institutions and turn to safaris, who deal with numerous fiat currencies across Afghanistan.
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