Tether, the largest company in the digital asset industry, has partnered with Bitqik to promote financial literacy in Laos. The initiative focuses on educating the public about Bitcoin and stablecoins. Bitqik, a licensed local exchange, provides brokerage and trading services. Together, they aim to introduce Laotians to digital finance while fostering confidence in blockchain technology and stablecoin use.
This is because the collaboration is based on practical knowledge rather than theory alone. The participants will be able to understand how the stablecoin, USD₮, works. The program is geared towards reaching students, entrepreneurs, and communities who are passionate about financial innovation. The project is also set to educate people on the significance of Tether in promoting stable digital transactions in Laos.
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Bitqik will create online learning resources to make digital assets more accessible. Students will learn how to properly invest and use digital assets. They will also hold quarterly events in various cities such as Vientiane, Pakse, Vang Vieng, and Luang Prabang. They emphasize learning by doing and how stablecoins and blockchain technology can solve financial inclusion and transaction issues.
The workshops will teach people about how digital money operates. Bitqik aims to educate communities about the advantages of decentralized finance. The initiative emphasizes the importance of knowledge in addition to access in achieving freedom in finance. Bitqik combines online resources with offline events to empower people to navigate easily in the new online economy.
The aim of the project is to educate over 10,000 Laotians through seminars, roadshows, and educational materials available on the internet. Tether and Bitqik are hoping that USD₮ will become a stablecoin that is trusted and accepted in Laos. They are hoping that through education, they will have a knowledgeable population that is ready to accept digital finance solutions.
This initiative aligns with the bigger picture of helping people gain access to financial services and unlocking new innovations in the economy. Citizens will be provided with the necessary tools for managing digital money in a safe manner. Entrepreneurs will gain knowledge about the role of stablecoins in facilitating local transactions in their businesses. Students will be equipped for future opportunities in the area of blockchain technology.
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