We are pleased to announce that Binanceand The Fourth Industrial Revolution Analysis and Coordination Center under the Ministry of Economy of Azerbaijan have signed a Memorandum of Understanding to strengthen blockchain education and adoption of the technology in the country. This partnership is an important step towards providing Azerbaijani youth and professionals with advanced knowledge in web3, blockchain, and related technologies.

The signing of the document took place with the participation of Binance Regional Markets Head Vishal Sachendran and 4SIM Azerbaijan Executive Director Fariz Jafarov.

Under the memorandum, Binance Academy and its educational partners will collaborate with universities in Azerbaijan to advance education in the fields of blockchain technology, NFT, and metaverses. This collaboration aims to strengthen knowledge and expand opportunities for students and professionals, contributing to the overall development of human capital in these innovative fields.

“Our partnership demonstrates our commitment to advancing education and industry in the country. Together, we will focus on key initiatives to promote innovation and growth in the blockchain and digital asset space. Our goal is to equip students and professionals with the skills needed for the digital economy,” said Vishal Sachendran, Head of Regional Markets at Binance. “We are excited to support localized educational programs to raise awareness and promote blockchain initiatives in Azerbaijan, providing valuable opportunities for learning and innovation in web3 and blockchain technology.”