Crypto Beginner

BNB Chain to launch Web 3.0 development course across Latin America

BNB Chain

BNB Chain has collaborated with Platzi, a Latin America-focused education platform, to launch a Web 3.0 development course for the region in 2022.

The course will serve as a useful educational resource for Web 2.0 developers keen to start building on Web 3.0. BNB Chain hopes to upskill close to 30,000 developers by the end of this year with this program. The course will be offered in Spanish.

The broader context

The Latin American region has witnessed an increase in crypto adoption in the recent past. According to a new survey by MasterCard, more than one-third of Latin Americans have made payments in stablecoins for everyday purchases, and close to 11% have used digital assets for payments. And the Latin American region contributes almost 10–11% of the global cryptocurrency activities.

However, there is very little awareness or understanding of the crypto ecosystem. The partnership with Platzi is an attempt to address this issue.

Gwendolyn Regina, investment director at BNB Chain, told Cointelegraph that better access to such resources is likely to support the development of the region.

Countries in the Central American region too are steadily adopting crypto as a mode of payment for everyday items. Honduras, a small country that shares borders with El Salvador, has launched Bitcoin Valley to boost crypto tourism. The small tourist town will accept Bitcoin payments.

FAQs

What is the BNB chain?

The BNB Chain, formerly known as Binance Smart Chain (BSC), is a blockchain developed by Binance, primarily used for decentralized finance (DeFi) applications and smart contract functionality. It enables fast and low-cost transactions, similar to Ethereum.

Is BNB decentralized?

BNB Chain operates as a decentralized blockchain network, allowing users to interact with smart contracts and decentralized applications (DApps) without relying on a central authority. However, some aspects of its governance may involve centralized control by Binance.

Who controls BNB?

BNB, the native cryptocurrency of the BNB Chain, is controlled by its users and governed by the Binance community through various mechanisms, including voting on proposals and network upgrades. However, Binance, the company behind BNB, may have influence over certain aspects of its development and direction.

What is the new name of BNB chain?

The new name of the BNB Chain is simply “BNB Chain,” reflecting its evolution and growth beyond its original designation as Binance Smart Chain.

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