The tech and financial industries are notoriously male dominated and often act as gatekeepers.
Currently, the blockchain industry shares the same characteristics as the traditional industry. Despite the fact that more women are investing in cryptocurrencies, men still hold the bulk of jobs in the industry. This can be due to a variety of factors, including the income disparity between men and women, as well as a lack of investment for blockchain companies run by women. Women seeking IT jobs were offered 3% less pay than men, according to a study.
In the investment world, the issue of the old boys’ club is not a new one. Women often complain about being abused, harassed, blocked or having to work a lot harder to be successful and get promoted than their male counterparts. You might expect the 21st century fintech world to be different, but the evidence suggests otherwise. Even in the digital field of finance, in terms of investment and employment, the balance remains unbalanced.
However, there are a growing number of women leaders in the blockchain industry who are striving to ensure more diversity, equality and inclusion. This will give women more say in how blockchain technology is used.
Blockchain events for women
Such events are created to encourage women to enter the blockchain industry. Anne Fauvre-Willis, COO of Oasis Labs, moderated two separate panels featuring women at the Blockchain Leaders Mentorship online event. The panelists had the opportunity to talk about their work and involvement with blockchain and cryptocurrencies.
These types of activities can really help create a place where women can become more active and discover opportunities that will help them move forward. Hearing the success stories of women in the IT industry and how they got started could inspire young women to get involved. According to Fauvre-Willis, the event provided a great opportunity for women to learn more about crypto and blockchain, as well as the transition from finance to fintech.
Getting involved in blockchain: finding inspiration
Women working in blockchain technology could benefit greatly from such gatherings as they can meet other women who share their interests. Even listening to a panel discussion can inspire women who lack the technical skills many believe are necessary to stay active.
Many women leaders working with blockchain companies share this sentiment. Maria Sabando is a community activist from Miami who hosted a program for women at the Bitcoin 2021 conference. The Mermaid Night event, which aims to promote other women, can be a great way to encourage people to participate.
Sabando found that only 15% of women are expected to attend the Bitcoin 2021 conference. Many other cryptocurrency conferences are in the same boat. She says, âThe Mermaid’s Happy Hour event strives to be the ‘go-to’ event for the crypto community to connect directly with their favorite female #cryptotwitter character. Since the space is already under-represented, we wanted to create an accessible environment during conference days to engage the interest of women who may be curious but intimidated.
Anna Vladi, the creator of Women4blockchain, said that although decentralized financial companies are popular, they are mostly male dominated. Vladi often discusses the fear women can have when it comes to joining the IT and blockchain professions. Providing educational events and courses for women is essential to promote their engagement in Bitcoin.
Tracking the latest Bitcoin prices is also easier for women, especially with simple apps like Yuan payment group. Check it now!