Cryptocurrency World News

#BuiltwithBitcoin, the Hashtag That’s Building Schools in Rwanda

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Paxful is a rising peer-to-peer Bitcoin marketplace that aims to jockey localbitcoins.com for its number one spot. Paxful is on the rise with popularity and their doing so with a purpose.

Announced earlier today, Paxful has successfully built their second school in Rwanda using only donations made with cryptocurrency. The building was built for just a little over $100,000 donated in Bitcoin, Ethereum, Litecoin, Dash and Bitcoin Cash. Paxful partnered with Zam Zam Water to build the building ensuring that it has all the amenities western civilization children take for granted including running water, a cafeteria, tablets and computers.

The school built is a new primary school dedicated to educating students between ages 6 and 15. It’s a six classroom school with 6 full time teachers already hired and the philosophy to teach classical liberal arts education. Blockchain and cryptocurrency education and technology will also be a staple at the school so the student can educate their parents as well as understand the technology of the future.

“We encourage the cryptocurrency sector to contribute more to humanitarian projects. The #BuiltWithBitcoin initiative is an example of bitcoin being used as more than a speculative tool but a testament to the usefulness of cryptocurrency. To date, we have built two schools – a nursery, and a primary school in Rwanda, Africa- and provided scholarships to Afghan refugees, and plan to continue these philanthropic ventures.”

Paxful currently aims to build 100 schools across Africa as well as donate to many other African education causes.

“To date, we have built two schools – a nursery, and a primary school in Rwanda, Africa- and provided scholarships to Afghan refugees, and plan to continue these philanthropic ventures.”

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