The Electric Coin Company (ECC), the team behind the data protection-oriented cryptocurrency Zcash (ZEC), launched the Crypto in Context program.
Efforts are being promoted as a cryptocurrency education, support, and collaboration movement that is intended to affect regions where people do not have access to financial services and face various difficulties. Read a July 29 post on the ECC blog. The program uses interaction and “practical” community, The post indicated that players from the cryptocurrency sector are used.
The main effort in needy regions
Cryptocurrencies have a number of financial advantages, including Asset storage, income generation, loans and loans through decentralized financing or DeFi, to name just a few.
Crypto offers a centralized system exit that is controlled by governments and large corporations. Many regions of the world such as Venezuela have had various problems, including rising inflation. However, Some U.S. stocks also don’t have the skills to enable crypto-asset and blockchain-based opportunities.
Crypto in context tends to form
The ECC program aims to educate and support regions that can benefit from these financial options outside the system.
The ECC blog post explained the program as follows:
“An initiative that connects industry leaders with marginalized and thriving communities for dialogue and discovery, networking and collaborative workshops focused on cryptocurrency and financial education.”
It is unclear whether the program is a global effort or not. Cointelegraph contacted the ECC for further details, but received no response at the time of this publication. This article will be updated accordingly if a response is received.