Binance Academy Fellowship For Filipino Students To Improve Web 3.0 Skills In The Philippines

Binance Academy, the educational platform of the world's top blockchain ecosystem and cryptocurrency infrastructure provider, has announced the Binance Scholar Philippines Web 3.0 Scholarship in collaboration with Edukasyon.ph, the Philippines' biggest education technology platform. This initiative was created to expand Binance's Web 3.0 teaching activities and to increase basic awareness of blockchain technology in the Philippines.

Last August, the Philippines SEC met with Binance to discuss crypto regulatory efforts.

More information may be found at https://www.binance.com/en/news/flash/7183709.

To participate in this program, candidates must publish a public video on their social media platforms in which they express their thoughts on Web 3.0-related issues and fill out an application form provided by Edukasyon.ph. The application period will go through February 28th.

On February 17th, Edukasyon.ph's Facebook Page will post the names of 300 candidates who will be given the chance to attend Binance Academy's Web 3.0 core courses valued at PHP 500,000 and higher. Aside from the fundamental background requirements, Binance Academy and Edukasyon.ph will consider the applicant's financial needs, academic qualities, and family status while awarding the scholarship.

Participants who get the scholarship may attend courses that serve as entry-level educational programs with a focus on Web 3.0 principles that can be enhanced with higher technical courses. To enable ample access for all participants nationally, Edukasyon.ph will present these courses online and in the native language of Filipino. Scholarship beneficiaries will also get access to in-depth instructions and the opportunity to ask questions throughout the sessions, thanks to the aid of live instructors.

With an established track record of Web 3.0 and crypto adoption over the years, the Philippines has seen enormous development and interest in the Web 3.0 ecosystem. Binance's scholarship program, which acts as a primer for individuals interested in exploring professions in the Web 3.0 business, aims to provide prospects for greater involvement of Filipinos in the Web 3.0 field.

“With the insurgence of Web 3.0 businesses and adoption within the Philippines, there is a huge potential for the country to become a regional hub for Web 3.0 innovation,” said Leon Foong, Head of APAC at Binance.

“Being a leader in the blockchain infrastructure space, we believe that one of the best forms of consumer protection is user education and we strive to improve access to localized and well-researched content. This partnership with Edukasyon.ph was launched to reduce this knowledge gap for everyone and to pilot a springboard for Web 3.0 education, in hopes of fostering more confidence for those who wish to be involved in the space. We want to cater to the entire spectrum of users, regardless of whether they are a crypto native or a first-time explorer of the blockchain space.”

This scholarship program is part of Binance's larger worldwide initiative to enhance Web 3.0 and blockchain knowledge among more people. As the global digital environment evolves, there has been a surge in interest in the Web 3.0 phenomena. Binance Charity, Binance's charity arm, reports that the number of applicants to study Web 3.0 education via its separate Scholar Program has reached an estimated 82,200 in only six months. Binance Charity provided about $2.2 million in BUSD to projects in France, Senegal, Nigeria, Australia, Germany, Cyprus, Ukraine, South Africa, and Brazil in 2022, providing students with free Web 3.0 education. Binance Academy has collaborated with Binance Charity and other leading vocational schools to deliver high-quality Web 3.0 materials for these courses.

About Binance

Binance is the world's biggest blockchain ecosystem and cryptocurrency infrastructure provider, with the largest digital asset exchange by volume as part of its financial product suite. The Binance platform, trusted by millions around the world, is dedicated to increasing users' financial freedom and features an unrivaled portfolio of crypto products and offerings, including trading and finance, education, data, and research, social good, investment and incubation, decentralization and infrastructure solutions, and more.

About Binance Academy

Binance Academy is a major blockchain and cryptocurrency teaching platform with hundreds of hours of blockchain, cryptocurrency, Web3, and other material. It was launched in 2018 and already serves millions of learners worldwide in over 25 languages. Binance Academy's material is entirely free. With no adverts and no money or registration required, anybody can study at their own speed and even earn free cryptocurrency by participating in the Learn and Earn program. Binance Academy's additional educational activities include the University Outreach Program, the Student Ambassador Program, collaborations with leading online learning platforms, professional groups, industrial alliances, and others.

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