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Recent statistics show that the arrests caused by the COVID-19 pandemic have affected women at a much higher rate than men, both financially and professionally. This is considered a divestiture from the reports that have followed the recessions since 1949.

In Europe, the blockchain and cryptocurrency industry is working hard to bridge this gap and use technology as a tool for diversity. Considering:

  • UK-based cryptocurrency exchange CoinCorner has revealed that the share of women among its users is now 14.7%, with a 47% increase in the number of female signups occurring in the first quarter of 2020. .
  • In March, Madrid-based financial platform 2gether revealed that 23% of its app users are women between the ages of 26 and 45 and from different professions such as accountants, lawyers and economists. As the report points out, female users spend cryptocurrency in the same way they would spend their legal money.
  • At the same time, some individual countries have shown an increase of over 100% in the number of female crypto users. Greece stands out the most, with record growth of 163.67%. According to a report by CoinMarketCap, there was a 58.55% growth in female users in the blockchain and cryptocurrency sectors in Europe in the first quarter of 2020.

Behind the success of the European blockchain offering, three women in particular contribute to ensuring diversity and equality of opportunity are the priorities: Ambre Soubiran, Bettina Boon Falleur and Simona Pop.

Amber Soubiran and the CEO of Kaiko, a company that enables companies to create data-driven solutions by leveraging data from the cryptocurrency financial market to build strategies, products and services. He said “At Kaiko, we have 30% women in total and 62% women if we cut out the engineering team!”

Bettina Boon Falleur is part of Ethereum France, a non-profit organization created in 2017 by a group of passionate early adopters. He conducts interviews with key industry figures to try to simplify the notions of blockchain and demonstrate that not only developers are part of the ecosystem. Bettina is also part of a DAO of women in blockchain, Meta Gamma Delta, which aims to increase the presence of women in the ecosystem through conferences such as Devcon and EthCC based in Paris. Bettina said: “The Ethereum community is an inclusive ecosystem where creative and divergent ideas are welcome, it is led by developers and engineers, as opposed to marketers and business people and everyone is welcome.”

Simona Pop is the head of the Status community. She is an active steward of the Ethereum ecosystem working on community engagement initiatives, educational programs and real use of cryptography. His work is to broaden access to decentralized applications for all, empowering communities through the symbolic economy. Simona said “The funding cycle needs to be improved and shifted away from favoring mainly projects led by white men in privileged geographic areas. The problem we’ve had for decades is that capital doesn’t flow easily enough for women. And we should change it to web3. We need a multitude of points of view at the table to avoid replicating what we already have and what is clearly not working. I believe that blockchain and crypto are the main way to achieve equality. Attention to anonymity, code, and the potentially short path to some degree of success can all help democratize and equalize access to resources. “

There are many factors that can help make the blockchain industry more gender balanced and many key figures on the European scene are behind this success. Ambre said: “More diversity in tech-dominated industries starts with the fact that more girls are excited about STEM subjects, already in primary school, it might take a generation but it can happen through education, I really think we’re getting there.” . Simon added “perhaps the unauthorized nature of the blockchain space will ultimately break the pattern.”

Will the rest of the world follow Europe’s efforts? The industry would be even further behind without the formidable women who are at the heart of many successful companies, events and groups that ensure diversity is achieved.

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