Women Continue to Weave Their Way into Working with Blockchain and Crypto Projects

2018-9-23 01:35

Women Are Bracing Themselves to Transfigure the Male-Dominated Crypto Space

Women do not want to be left behind even as evolution of the crypto and blockchain industries takes place. In many ways, they want to encourage a philosophy of all-inclusiveness in a conventionally male dominated space.

While the stories behind the formation of major virtual assets as well as the fundamental blockchain technology characterize several transformations, one thing, however, has remained persistent. Most of the people who have dominated the crypto space, are men.

Beginning from the initial adopters to today’s Twitter characters, majority of the people who are actively involved in the field are of the male sex. However, there are efforts to change the status quo. In this regard, the forthcoming Crypto Springs symposium will comprise of female speakers.

The innovation of the digital currency has been seen to present great prospects to level the playing ground to some extent. The founder of Future Perfect Ventures, Jack Jobanputra, asserted that initial days of an industry have a lot of influence on its culture, as well as who gets to make key decisions.

Presently, there is an increasing number of women who are working hard to make strides in order to turn the virtual asset and blockchain space into a more all-encompassing and assorted space.

Breaking Down Obstacles

According to several studies, both virtual assets and blockchain have gained a lot of popularity over the past couple of years, particularly among the young people. A virtual study which was conducted by YouGov Omnibus late last month indicates that approximately 50% of Millennials asserted that they are interested in using virtual assets instead of the UD dollar.

However, when it comes to doing investments, a recent survey carried out by a payments technology firm, Circle, got big gaps between women and men. The study realized that about twice the number of Millennial men want to invest in cryptos as compared to women.

In spite of the figures, Shanah Walton, an investor in virtual assets noted that it is just as simple for women to be engaged in the space. Information from CNBC suggests that Walton takes part in a virtual asset event, which is usually held in New York, where those in attendance deliberate on ways of investing in cryptos.

Such groups have sprung up all over the United States, as well as in many parts of the world. Marilyn Delucenay, a resident of the United States, began an online forum known as Crypto Mums about four years back, to get women to discuss virtual technology.

Presently, other groups such as ‘Women in Bitcoin’ are gaining a lot of popularity. The forum, which takes place in San Francisco, has a membership of over four hundred members. Other female personalities like Jen Poyant and Manoush Zomordi are making use of their technical experiences to launch a virtual asset podcast known as ZigZag.

Risks With Rewards?

In spite of a litany of stories which are focused on the ‘blockchain bros’, a number of women have joined the virtual asset space and have been able to access good examples of all-inclusiveness and openness.

Emile Choi from CoinBase said that the learning curve at the company she currently works with was a vertical one. However, there are many more people with sound experiences who are considerate enough to want to help her get on the same page with them.

A lot of pressure was exerted on the board of Crypto Valley Association in Switzerland to be a little broader. As a result, a meeting held on September 20th, 2018 agreed that the board should be expanded, with two women being given the slots out of the 43 nominations. This will go a long way in granting women the opportunity push for a more inclusive crypto space.

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