According to CCN, Paxful, a peer-to-peer crypto exchange, has build its second school in Rwanda for students up to age 15, which is funded entirely by donated Bitcoins through the #BuiltWithBitcoin campaign.
Blockchain and Bitcoin information will be the main focus for both teachers and students, potentially preparing these young students for a thriving future in Rwanda.
Paxful intends to provide the school with smartphones and tablets, and will teach the students how to transact in Bitcoin and even exchange it for local currency, an important real-world lesson they can, in turn, teach to their parents.
Paxful CEO Ray Youseff said in a press release:
'We encourage the cryptocurrency sector to contribute more to humanitarian projects. The #BuiltWithBitcoin initiative is an example of bitcoin being used as more than a speculative tool but a testament to the usefulness of cryptocurrency. To date, we have built two schools – a nursery, and a primary school in Rwanda, Africa- and provided scholarships to Afghan refugees, and plan to continue these philanthropic ventures.'
Paxful aims to build at least a 100 schools across the country, through raising funds on their own platform and through social media awareness.
Yusuf A. Nessary, President and Founder of Zam Zam Water, a local partner of Paxful, said that having proper education centers is fundamental in moving countries like Rwanda forward, while also increasing their standard of living.
'Education is the crucial stepping stone in serving people in developing nations improving their quality of life', he said. 'We are beyond thrilled to have partnered with Paxful in order to provide education for next generation and beyond.'
“#BuiltWithBitcoin is about making a lasting change in the world with education.” - Ray Youssef— Paxful (@paxful) November 27, 2018
This #GivingTuesday, let's look back at the opening of the #Paxful school in Rwanda. pic.twitter.com/nwdcJZPnWc