The tech industry is known for its male-dominated culture, and unfortunately the blockchain space can continue to show that, at least for now.
Although female cryptocurrency investors are on the rise, men continue to have most of the jobs in the blockchain technology sector. This could be due to a number of reasons, such as: E.g. a lack of funding for women-run blockchain companies or the ubiquitous gender pay gap in technology. According to recent data collected by the AI-driven market Hired, female applicants for jobs in the technology sector were paid 3% less than their male counterparts.
Though it’s daunting Leading women in the blockchain space are taking steps to ensure equality by enabling women to be heard at industry events.
A blockchain event for women
Specific, Events organized by women for women are becoming a popular concept in the blockchain sector. Recently, Anne Fauvre-Willis, COO of Oasis Labs – a blockchain platform that enables data protection – organized a virtual event “Blockchain Leaders Mentorship” with two panels in which women in blockchain took part.
Panelists came together to discuss their involvement in blockchain technology, resources to learn about the sector, and ways to advance women’s engagement in the future. Fauvre-Willis told Cointelegraph that The aim of the event was to help other women while also serving as a resource for those looking to get involved in the blockchain industry::
“We believe these events will definitely help encourage women to get more involved in the space and look for opportunities to help them grow. To hear from other successful women in the industry who talk about it, how they got involved in this room. ” Unusual “space shows younger women wanting to learn more or get involved, how to do it.”
According to Fauvre-Willis The Blockchain Leaders Mentorship event was specifically aimed at women who want to break into the blockchain and crypto space, as well as women who want to switch from business finance to fintech.
Fauvre-Willis went on to mention that more high-profile talent is needed for the cryptocurrency and blockchain technology sector to move forward. So, believes that an event organized by women for women can help make this path more accessible and allow panellists to network with one another.
In addition, a recent study by blockchain technology consultancy BDC Consulting found that Women need to speak at crypto conferences to encourage women’s participation in the room.
Inspirational ideas shared by female leaders
While recognizing the need to include female speakers at blockchain events is important, several inspiring ideas were shared as part of the Oasis Foundation’s Blockchain Leaders Mentors Panel.
For example, Bridget Greenwood, founder of The Bigger Pie – an organization focused on helping women in blockchain and emerging technologies – mentioned during the second panel that she entered the blockchain space because of financial inclusion. “”In 2008 there was a financial crisis in which centralized trust systems failed many peopleGreenwood said. Although financial inclusion led Greenwood to dig into Bitcoin (BTC), she also noted that there weren’t many other women doing the same thing, which she found daunting:
“There are some really amazing women in this field and I want to keep helping the next group of people get started. I see that we are going to have another generation handover of wealth and I don’t want a generation left, I see mine Role in making sure these amazing women are seen and supported. “
While financial inclusion has proven to be a driving factor behind engagement in blockchain technology, it is interesting to note that some of the panelists joined the room for other reasons. For example, during her second session, Nadia Hewett, project leader for blockchain and digital currency at the World Economic Forum, stated that she entered the blockchain technology sector because of her supply chain management experience:
“I entered the blockchain technology space as part of the digitization wave of recent years, where companies are relying on new technologies and digitization to solve social and business problems. When I started reading about blockchain, I couldn’t stop because I was understood how it can solve supply chain challenges. “
Hewett mentioned that he has finally started working with the blockchain team at shipping giant Maersk to develop the TradeLens blockchain platform. “Blockchain is just a tool that enables new business and business models that weren’t possible before,” he said. Since then, Hewett stated that he worked with the World Economic Forum on a number of projects that specifically focused on data sharing and privacy protocols.
In addition to how each panelist got involved in the blockchain technology sector, Many of the women gave advice to newcomers looking to venture into space.
Vanessa Grellet, Director of Portfolio Growth at CoinFund – an investment firm focused on crypto assets – mentioned this in the first panel The “openness” of information within the cryptocurrency space is key to allowing both men and women to bring information into the sector. Grellet also noted that many Telegram groups and other social networks allow individuals to connect directly with others in the industry, creating an encouraging atmosphere for those who want to get involved.
Panelist Layne Lafrance, co-founder of CryptoKitties and Flow Product Leader at Dapper Labs, further mentioned that newcomers also need to develop a sense of comfort when it comes to discomfort. “”It’s important to be comfortable with unfamiliarity. If you take part in this panel today, you probably know more than you think“he commented.
Inspiration to participate
Given the discussions that took place during the Blockchain Leaders Mentorship event, Fauvre-Willis hopes these panels will serve as another resource to help women discover like-minded women on blockchain. She also noted that these discussions can encourage participation by women who are new to technology.
Other women in the blockchain tech sector agree. For example, Maria Sabando, a Miami community leader, told Cointelegraph that she is hosting an event for women during the 2021 Bitcoin conference that will be held in Miami in early June. The event is called “Mermaid Night” and aims to highlight women in the Bitcoin sector.
According to Sabando, the participation of women in Bitcoin 2021 is most likely below 15%, as is often the case at other cryptocurrency conferences and when representing speakers. He said:
“The Mermaid Night event is a must for the crypto community to connect directly with their favorite female character #cryptotwitter. As the space is already underrepresented, we wanted to create an accessible environment during the conference days to increase the number. ” Interest from women who may be curious but feel intimidated. “
Following Sabando, Anna Vladi, founder of Women4blockchain and founder of the decentralized financial fund ForceDAO, told Cointelegraph Blockchain technology and decentralized financial sectors are all the rage right now, the space is still dominated by men.
Vladi is aware of the intimidation women can feel when learning about blockchain and DeFi. That is why educational events and courses for women are vital. Vladi said: “As a woman at DeFi, it’s our responsibility to bring others along. We need other women to lead the way, to show that this sector is not complicated or intimidating.“”