One of the least analyzed elements within the crypto world, is the boost that Blockchain technology gives to gender equality. This is because, unlike the traditional financial system, where there is a significant disparity between men and women. Within the blockchain, all users are exactly the same. Something that is demonstrated with the first block of Cardano mined by a woman, as Shweta Chauhan commented in the Tweet of the day:
Cardano and women’s participation
Despite the great progress that has been made in the last century, there is still significant inequality between men and women throughout the world. And one of the sectors where it is clearest is in the international financial system. Where economic opportunities are often much easier for men to seize than for women.
Blockchain technology can change this for good. Unlike traditional finance, where relationships and therefore personal biases carry a lot of weight. Within blockchains like Cardano, all that matters is the contribution of the users to the community. Thus allowing for greater participation and benefits for women.
Thanks to this, the crypto market today received the good Bitcoin Evolution news that the first block of the new version of Cardano, Shelley, had been mined by a woman. Shweta Chauhan is the user behind this achievement, thanks to her stake pool in ADA, kBLOCKs. This clearly shows the importance of women within the cryptomonnity ecosystem:
„First block mined by women in the Blockchain of #Cardano A feeling so surreal! I think I’m going to cry #WomenInBlockchain“.
Thus, although there is still a long way to go to achieve equality, even within the crypt world. News like Chauhan’s show that cryptomonies are much more than a virtual currency. They are an instrument to achieve equality at a global level.