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Home Crypto News & Analysis

Breaking down barriers to blockchain adoption

by Sarah Williams
October 26, 2024
in Crypto News & Analysis
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Breaking down barriers to blockchain adoption
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Home > News > Business > Women in Technology: Breaking Barriers to Blockchain Adoption

We need more innovation in future technology, and fostering diversity, especially in the startup space, will help us move mass adoption. The good news is that steps are being taken to encourage more women in the male-dominated tech world. For example, the United Kingdom hosted its first “Women in Tech Week” from October 7-11, a week of in-person and virtual educational programs.

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Many female founders are eager to incorporate future technology, such as blockchain, into their startups, but they often don’t know why they should incorporate it or even where to start. That’s why educational sessions like those offered during Women in Tech Week are essential.

“When you say blockchain, the first thing that comes to anyone’s mind is probably cryptocurrency, NFTs and that’s probably the extent of it, but it’s a wide range of super interesting topics that most people don’t actually think about when we say blockchain “, Sev Gunes-Lasnet, CEO and founder of the startup MyCFO.ai, shared with CoinGeek.

“I think sessions are very interesting, so they just expand your field of vision or your mind map about what’s under blockchain. And I think it’s very easy to do, and that’s probably the first step,” she added.

Women are still underrepresented in the tech world despite ongoing efforts to bring more women into the space, but we are seeing an increased interest in blockchain, which is a big step in the right direction.

“Women are not well represented in the technology industry. I think with the blockchain industry it is changing, and we want more women to participate. We want everyone’s participation in this new technology,” said Vatsavaye Priyatham Varma, an in-house blockchain and artificial intelligence (AI) expert at Block Dojo.

“I think women show a lot of interest in this new technology because they can say, well, this is a potential technology where we can prove ourselves in the technology field. So I think women are the best people to learn this technology and implement it in their business ideas,” he added.

Varma represents Block Dojo, a global enterprise builder focused on leveraging blockchain and other future technologies. To educate more female founders about the competitive advantage blockchain can bring to their startups, the London Block Dojo branch participated in the UK’s Women in Tech Week by hosting an evening of Blockchain Building 101 Session led by Varma .

“We are having a skills session. It’s on blockchain building, so it’s an interactive game to introduce people to blockchain technology, how to build in the space because it’s the complicated bit and then kind of understanding use cases for how they can apply it in the real world,” explains Cait Pilkington, the Block Dojo’s Dealflow Manager and organizer of the evening.

The session attracted a wide variety of women, from recent graduates to financial professionals to startup founders to social media specialists, who were ready to learn the basics of blockchain.

“I think it is very important to do the master classes, workshops where you can get knowledge just for a moment so that you don’t have to go through many obstacles to get to that knowledge,” said Yulia Zhivetyeva, one of the participants of the night.

“I think it’s really important to have weeks like this, events like this every year, and also to spread the word so that these things happen and so that more women will have access to technology and to this knowledge,” she added .

The Dojo’s Pilkington is a big believer in the power of diversity to bring more innovation to blockchain and technology in general, which is one of the reasons she jumped at the opportunity to support UK Women in Tech Week.

“I think a lot of the technology is great, but you need the diversity of thought behind it to open up new ideas, new innovation,” she said. “And that spark that might happen during a session like tonight. It could be something that’s the next unicorn in a few years, so opening up that opportunity to women is maybe what’s going to spark that innovation.”

Watch Women in Blockchain Panel: Highlight the need for more diversity in blockchain space

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Disclaimer for Uncirculars, with a Touch of Personality:

While we love diving into the exciting world of crypto here at Uncirculars, remember that this post, and all our content, is purely for your information and exploration. Think of it as your crypto compass, pointing you in the right direction to do your own research and make informed decisions.

No legal, tax, investment, or financial advice should be inferred from these pixels. We’re not fortune tellers or stockbrokers, just passionate crypto enthusiasts sharing our knowledge.

And just like that rollercoaster ride in your favorite DeFi protocol, past performance isn’t a guarantee of future thrills. The value of crypto assets can be as unpredictable as a moon landing, so buckle up and do your due diligence before taking the plunge.

Ultimately, any crypto adventure you embark on is yours alone. We’re just happy to be your crypto companion, cheering you on from the sidelines (and maybe sharing some snacks along the way). So research, explore, and remember, with a little knowledge and a lot of curiosity, you can navigate the crypto cosmos like a pro!

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Sarah Williams

Sarah Williams

With years of experience dissecting financial markets, Sarah brings clarity and insight to the ever-evolving crypto landscape. Her engaging prose cuts through the noise, keeping you informed about global trends and breaking news.

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