A non-profit organization known as the Built with Bitcoin Foundation has put together the funds necessary to build a new hybrid nursery and primary school in the center of Kenya, one of Africa’s most well-known and impoverished countries.
Built with Bitcoin Is Making Headway in Africa
The company uses bitcoin with the aid of local partners and communities to go around the world and provide things like quality education, proper food supplies, and even clean water to help struggling environments improve. The company also seeks to build things like sustainable farms, water wells, and schools to ensure the people in these areas have what they need to survive and prosper.
Executive director of Built with Bitcoin Ray Youssef is also the CEO of Paxful, a P2P (peer to peer) platform that allows you to trade in your unused gift cards for bitcoin. The school has six classrooms, as well as a technology center and a teacher’s lounge to ensure all educators get proper breaks. The school also comes with electricity and a sustainable well that will ensure all community members and the students get regular access to clean water. Everyone at the school will also have access to the internet.
In an interview, Youssef described Built with Bitcoin as such:
Built with Bitcoin is a testament to the power of cryptocurrency. We firmly believe that it can improve lives and make the world a better place.
In addition to building up the area and delivering all it has, the non-profit organization has also donated many learning materials through a firm called Shamory, which is a family company that develops several educational products surrounding bitcoin and blockchain technology. Among the products it currently offers are bitcoin books and card games. The idea is to get kids ready for what the firm believes will be the future of money; to ensure they understand crypto, and that the industry is fun for them.
Yusuf Necessary is the co-founder and director of philanthropy at Built with Bitcoin. He says these resources do more than just give people what they need to live. They also pave the way to financial freedom, which is an absolute necessity if anyone is going to excel.
Working for Better Futures
At the time of writing, the school is largely dependent on individual donations, though the institution is hoping to become fully self-sustaining in the coming future. The school is set to become bigger as the non-profit has stated it’s looking to build even more classrooms and facilities in the coming months.
Last July, Built with Bitcoin established a new water well in the Kogi State of Nigeria in Africa. The well is presently serving as many as 1,000 individual residents and aids people in that they no longer need to spend tons of time fetching water from distant areas.