Binance Academy: Data shows increasing interest in blockchain amongst Indian youths
Binance Academy, the educational platform of the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, shared that more youths in India are getting into Blockchain education. Based on data, the majority of Binance Academy users in India are aged between 19 to 25 years old (42%), followed by 20% aged between 31 to 40 years old and 17% aged between 26 to 30 years old. Among Indian users, the Binance Academy modules that saw the highest number of enrolment and time spent are Introduction to Blockchain Technology and Brief history of Blockchain technology.
Launched in 2018, Binance Academy provides a wide range of content including articles, guides, videos, and glossary entries, catering to various skill levels and interests. Closing the knowledge gap is essential when it comes to crypto, which is a nascent industry that is fast-growing and runs on cutting-edge technology. Therefore, Binance offers free educational resources to users through Binance Academy, which is accessible on the website, to bridge the knowledge gap that many blockchain beginners have. Here, we take a look at some of the educational initiatives.
Advancing Web3 Education through Binance Academy
Binance Academy has been working closely across the globe to increase crypto literacy and ramp up efforts on Web3 education. The Binance Academy platform is readily available for everyone with internet access. Data showed that the three Indian states with the highest number of enrolment are namely West Bengal (13%), Uttar Pradesh (11%) and Maharashtra (9%). Aside from allowing easy access to educational resources through the Binance Academy platform, Binance also brought Web3 education to the local institutions. In 2022, Binance held a free webinar called “Crypto for All”, where major finance influencers including Neha Nagar, Aditya Saini, and Kashif Raza introduced the fundamentals of blockchain and crypto. In that year, the “Blockchain for Good” Ideathon was also initiated together with the Inter-Institutional Inclusive Innovation Centre (i4c). The ideathon provided a platform for college students across India to come up with solutions that would make the blockchain ecosystem more inclusive and accessible for all.
Most recently, Binance Academy announced a partnership with Coursera, one of the world’s leading online learning platforms with over 124 million learners globally. This collaboration will bring educational opportunities to everyone globally in the form of a comprehensive suite of learning programs launching over the next few months and beyond.
The programs will cover a broad range of topics and will be tailored to cater to both individuals looking to gain a foundational understanding of blockchain, web3 and crypto technologies for those who wish to build the right skills to pursue a career in the blockchain industry. Successful completion of these courses will earn learners a digital certificate of completion, which can help demonstrate knowledge and open up new opportunities in this rapidly growing field.
Powering Web3 Education with AI-driven Learning Tool
Learning experience today has been redesigned by the proliferation of the use of artificial intelligence technology. To meet the evolving needs of users, Binance introduced Binance Sensei, which leverages the power of artificial intelligence to help users access the wealth of knowledge available on Binance Academy in a more intuitive manner.
Launched in April 2023, Binance Sensei is an innovative AI-driven learning tool that is seamlessly integrated with Binance Academy. Powered by state-of-the-art ChatGPT technology, Binance Sensei has been instructed to deliver relevant and easily digestible information. This user-friendly approach makes it easier than ever to dive into complex topics or quickly grasp new concepts, catering to a wide range of learning styles and preferences. With Binance Sensei, users can now leverage on its AI-powered capabilities to make it the perfect companion for anyone looking to expand their knowledge in the rapidly evolving world of blockchain and cryptocurrency.
Yi He, Binance co-founder and Chief Marketing Officer said: “Education is the cornerstone of progress and innovation. This is a belief that has guided us at Binance Academy, as we strive to make the revolutionary world of blockchain technology accessible to everyone. We are thrilled to announce our partnership with Coursera. Together, we’re combining the strengths of two industry leaders with a shared vision – to provide best-in-class education that will drive adoption and build the foundations for Web3.”
About Binance
Binance is the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. Trusted by millions worldwide, the Binance platform is dedicated to increasing the freedom of money for users. It features an unmatched portfolio of crypto products and offerings, including trading and finance, education, data, research, social good, investment, incubation, decentralization, infrastructure solutions, and more. For more information, visit https://www.binance.com.
About Binance Academy
Binance Academy is a leading blockchain and cryptocurrency education platform featuring hundreds of hours of content on blockchain, cryptocurrency, Web3, and more. Launched in 2018, it serves millions of learners worldwide in more than 25 languages. All content on Binance Academy is completely free. With no advertisements and no requirement for payment or registration, everyone can learn at their own pace and even earn free crypto while learning through the Learn and Earn program. Other educational initiatives of Binance Academy include the University Outreach Program, Student Ambassador Program, partnerships with top online learning platforms, professional associations, industry alliances, and many more.
