The MIT Digital Currency Initiative (DCI) has announced more than $100,000 in scholarships and support for underrepresented minorities and women to attend Consensus 2016: Making Blockchain Real.
In collaboration with CoinDesk, the DCI will be selecting 50 Consensus Scholars to attend the event from 2nd to 4th May in New York City. This will be our second year collaborating on a scholarship effort for the conference – we are excited to continue to foster a more diverse community of attendees at Consensus.
A study conducted on "Consumer Attitudes on Bitcoin and Other Virtual Currencies" found that the level of awareness of virtual currencies varies by gender and race. The study found that men were more likely than women to be aware of virtual currency, and Caucasians were more likely to have heard about virtual currency than Latinos and/or African Americans.
Given that we are at the forefront of leveraging cryptocurrencies to address financial inclusion and other important issues, it is important to expose underrepresented minorities to the field and provide access to a broader range of people from different ethnic and economic groups. If cryptocurrencies are to gain widespread adoption, the digital currency community has to reflect our society’s diverse culture and consumer base.
From adoption to identifying use cases to developing applications, we will increase innovation when diverse voices are included in the conversation.
The former president of the National Academy of Engineering, William Wulf, said : "Sans diversity, we limit the set of life experiences that are applied, and as a result, we pay an opportunity cost – a cost in products not built, in designs not considered, in constraints not understood, in processes not invented." The Consensus 2016 scholarships will be offered to women and underrepresented minorities between the ages of 18-25 years old, as well as to graduate students of […]
