If you think your cryptocurrencies are just for spending, you can now use them in your studies and studies.

Bitso, the cryptocurrency platform with more than 5 million users, has made an alliance with Utel, u.An online university with over 115,000 students and alumni in more than 60 countries, enabling payment with cryptocurrencies To its students from at least 11 countries, including Chile, Colombia, Ecuador, the United States, Mexico, Panama and Peru.

It improves the experience of students and universities, as well as making online payments with cryptocurrencies easier.

According to an analysis by Tech Jury, the global e-learning market is expected to be worth $325 billion by 2025.

“One of the main challenges of adopting cryptocurrency is making this technology accessible to everyone, and education is one of the greatest possibilities for achieving this. So we are cheering to continue to open doors together with Utel University so that more people By using crypto as a means of payment, it can access educational options and thus contribute to financial access and technological development in Latin America.“, said Ana Berón, Director of Corporate Affairs and ESG at Bitso.

Utel’s full academic offering is payable, including Bachelor’s degrees, Master’s degrees, Doctorates, and other programs focused on current labor market trends.

“We envision the next technology scenario applied to finance at Utel; Blockchain is a reality and a trend that is gaining more and more value. Where is the value of the university? In principle, in the transparency of processesOne of the potentials that cryptocurrencies have is to have visible access to how money moves within exchange ecosystems to obtain products and services. For a 100 percent online university, along with leveraging technology to improve processes, transparency is vital and we are confident we can make our students and other communities aware of this new method of funding and assessment. for their personal lives, knowing their full potential”, stated Rafael Martínez, Director of Corporate Liaison at Utel.

Payment is already enabled, students will just have to enter the platform called SIU provided by the University and from there they will be able to select the payment option and choose cryptocurrencies. It also provides the ability to pay with BitPay, which instantly converts cryptocurrencies to any other current currency.

In addition to this alliance, Bitso plans to expand experiences in a simple and intuitive way as you interact on a daily basis.

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Source: Exame

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