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Journal of Advanced Research and Multidisciplinary Studies
Vol. 4Issue 42024pp. 108–117Published 11 November 2024
DOI 10.52589/JARMS-KYYWW7BLResearch Article
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Abstract:
The study seeks to address the gender gap in crypto world by exploring strategies for promoting financial literacy, creating opportunities for women in the industry and addressing the “bro culture”. Several empirical evidence has been done by researchers which indicates that men are more interested in crypto currencies than women. This work will show how crypto currency-based approaches to development interact with gender, which are part of neoliberal beliefs about entrepreneurialism, financial inclusion, and gender roles. Block-chain technology has the potential to address gender inequality. The research methodology borders around the use of descriptive method of analysis and content analysis. The work attempts to look into the rise of decentralized finance, specifically block chain-based applications and calls for a more Feminine-friendly analysis. Findings by Gemini’s State of US Crypto report showed that women make up only 26% of the investors in the space. Forex analyzed the top 50 crypto company founders to find only 6% of these have female CEOs. The World Bank explores how block chain can be leveraged to advance gender equality, particularly in the context of humanitarian response and financial services. As such, the gender gap in the cryptocurrency world is a complex issue that requires a multifaceted approach to address. The study recommended that blockchain technology holds promise for promoting gender equality.
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