Pakistan Eyes Educating 1 Million Youths on Crypto and Web3

To expand the knowledge base of 1 million youths on blockchain-based technologies, crypto and web3, the Pakistan administration has partnered with Fasset and JazzCash through the Prime Minister’s Youth Program (PMYP).

Based on Pakistan’s Vision 2025 of propelling domestic digitization among its young population, the PMYP is seen as a stepping stone toward this objective. 

Shaza Khwaja, the Special Assistant to the Prime Minister on Youth Affairs of Pakistan, stated:

“It is the Prime Minister’s vision to work on areas with great economic impact - like digital skills for the future. This forms the basis of PMYP’s partnership with Fasset. I hope our youth utilize this opportunity to learn from qualified industry practitioners & the world of opportunities that unfold.”

Fasset intends to enhance awareness and web3 education as a global digital asset gateway. Therefore, the partnership will be pivotal in propelling the financial literacy of youths in Pakistan through digital media. 

Mohammad Raafi Hossain, Fasset CEO, noted:

“We believe that with the right building blocks the talented youth of Pakistan can unlock $100bn of potential economic growth.” 

JazzCash is the biggest telco in Pakistan, comprising more than 75 million customers. Therefore, it will be instrumental in pushing the Skills for Future Agency agenda as the financial enabler.

Murtaza Ali, the acting CEO of JazzCash, stated:

“JazzCash is proud to be the financial enabler for any transactions required to be carried out for upcoming phases of the programme. We are keenly interested in forging alliances with like-minded organizations to further our mission of a financially-included Pakistan.”

Since Pakistan is one of the biggest communities of freelancers worldwide, Fasset believes equipping the nation’s youth with in-demand skills will enhance the freelancing economy.

Hossain added:

“Pakistan is amongst the top 3 Web3 adopting nations in the world. In addition to that, Pakistan is home to some of the world’s best and brightest developers, researchers and scientists when it comes to tokenization, digital assets and blockchain technology.”

Meanwhile, Fasset recently launched a peer-to-peer platform in the nation to drive financial inclusion, Blockchain.News reported.