We still have a lot of work to do on diversity, equity and inclusion
The gender disbalance in the crypto space is still huge, though it is in our hands to make it more inclusive for everyone. If we want to democratize finance, we need to start with practical initiatives. As women in the industry, what can we do to expand our reach to end-users or entrepreneurs who would be the last to embrace this technology? How can we improve our search for talent to cover universities and geographies that we wouldn’t normally look to? Comparatively, there are relatively few women and people of color in the C-suite of blockchain companies or inside institutions leading....
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“There is a concerning lack of publicly available data to effectively evaluate the diversity among America’s largest digital assets companies," said the letter. A group of five lawmakers from the United States House of Representatives has requested data on the diversity and inclusion practices of 20 major firms dealing with cryptocurrencies and Web3.In a Thursday notice, House Financial Services Committee chair Maxine Waters along with Representatives Joyce Beatty, Al Green, Bill Foster and Stephen Lynch penned a letter requesting U.S.-based crypto firms provide information on “how and....
Consensus 2015 is a digital currency summit to be held on September 10 in New York City. This event was made possible by CoinDesk in collaboration with the MIT Media Lab's Digital Currency Initiative and is planning on providing 50 diversity and inclusion scholarships. These scholarships are being offered to women and people of color between 18 to 25 years of age, as the group aims to increase the diversity in the digital currency community. Based on a recent study conducted by CoinDesk, fewer than one in 10 bitcoin owners (8.2%) are female, while over 72% describe their ethnicity as....
It is not surprising most of the countries seeing success in the financial inclusion department are busy areas for Bitcoin as well. Financial inclusion is not a topic most developing countries in the world can deal with right now. In some regions, very few people have convenient access to a bank account. However, thanks to the boom in mobile smart devices, financial inclusion becomes easier to achieve. In fact, the countries focusing on these efforts are also seeing a significant Bitcoin growth as of late. Financial Inclusion Matters To Many Countries. According to the statistics outlined....
Crypto isn’t inherently good in just its development and proliferation; the community must address the reasons causing financial exclusion. On Sept. 27, Coinbase CEO Brian Armstrong sought to center his employees’ work around the company’s core mission: “to bring economic freedom to people all over the world.” Armstrong argues for a narrow interpretation of Coinbase’s mission to build the best possible product because it is “already hugely ambitious” and because companies generally cannot succeed if their goals “include all forms of equality and justice.” Armstrong’s perspective is not....
Consensus 2015 is working with MIT Media Lab's Digital Currency Initiative to boost diversity in the cryptocurrency space by offering 50 Consensus Scholarships to young women and people of colour. A recent CoinDesk study of bitcoin users highlighted the lack of diversity in the digital currency space, with fewer than one in 10 bitcoin owners (8.2%) stating they were female, and over 72% describing their ethnicity as "white". The Media Lab's DCI will work with local groups like Girls Who Code, the Microsoft-sponsored TEALS programme, CODE2040 and the National Center for Women and....