Tuesday, June 12, 2018

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June 12, 2018

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THE FEATURE

Forget Prices, Ethereum Is Offering a Different Value in Afghanistan

Young women coders in Afghanistan are getting a chance to use ethereum's cryptocurrency.

Revealed exclusively to CoinDesk, Code to Inspire (CTI), a non-profit for teaching women in Afghanistan to write code, has partnered with the Bounties Network to allow students to accept ether (ETH) for fixing vulnerabilities for businesses or projects posting bounties. And according to Fereshteh Forough, the founder of CTI, the women have already begun earning the second largest cryptocurrency by total value.

The partnership was first inked in May, and once the women were set up with MetaMask accounts and software wallets, they began earning between $10 and $80 per bounty (depending on the project) they completed, Forough said.

This isn't her first foray into facilitating crypto payments to remote workers in Afghanistan. In 2014, Forough collaborated with fellow Afghan entrepreneur Roya Mahboob to offer Afghan women the ability to earn bitcoin by blogging. But the program ran into roadblocks since there wasn't a local cryptocurrency exchange to provide liquidity (cash for crypto) and most of the bloggers didn't have bank accounts anyway, whereby they could get a global exchange to transfer the converted crypto into.

Ether is unlikely to fare much better in these conditions, but regardless, Forough believes exposing the women to ether (and cryptocurrency broadly) has priceless educational value.

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Forget Prices, Ethereum Is Offering a Different Value in Afghanistan
According to Fereshteh Forough, the founder of Code To Inspire, ether bounties can be a tool for teaching Afghan women about financial empowerment.

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Swiss City Plans Blockchain Voting Pilot Using Ethereum-Based IDs
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Go to CoinDesk


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