For Pakistan, this is an important step towards joining the international community on Web3, blockchain and digital assets. This project is supported by the government, Pakistan’s largest telecommunications company and the fastest growing web3 company together.
Fasset is working with the Pakistan Prime Minister’s Office as part of its Prime Minister’s Youth Programme (PMYP) to educate 1 million young people on blockchain-based technologies, web3 and crypto. The partnership will work with JazzCash, the country’s largest telecommunications company with over 75 million customers, to work together on the skills agenda of future institutions to bring much-needed education to the masses.
His Excellency Shaza Khwaja, Special Assistant to the Prime Minister for Youth Affairs of Pakistan, said: “The government of Pakistan has been working tirelessly for the skills development of youth across the country for many years, but I believe the private sector offers great opportunities for young people in preparing for the future. The Prime Minister’s vision is to work in areas with significant economic impact – such as digital skills for the future. This forms the basis of the PMYP’s partnership with Fasset. I hope our young people use this opportunity to learn from qualified industry practitioners and the unfolding world of opportunity.”
“Pakistan is one of the top 3 countries in the world to adopt Web3. Apart from that, Pakistan has some of the best and brightest developers, researchers in the world when it comes to tokenization, digital assets and blockchain technology and scientists. Together with the PMYP, Fasset hopes to build awareness and educate the next generation of web3 adopters to safely, responsibly and innovatively develop and adopt the future of this game-changing space. We believe that with the right building blocks, Pakistan’s talented youth $100 billion in potential economic growth could be unlocked.” – Mohammad Raafi Hossain, CEO of Fasset
Murtaza Ali, Acting CEO of JazzCash, said: “This partnership will improve financial literacy by reaching millions of young people in underprivileged areas through digital media. JazzCash is proud to be part of any deal required for this upcoming phase of the programme financial enablers. We are very interested in forging alliances with like-minded organisations to advance our mission of financially inclusive Pakistan.”
The Central Asian country’s Vision 2025 aims to boost domestic digitalization for 63% of its youth population aged 15 to 33. PMYP is the main programme for youth skills development.
The youth skills development agenda will address two core areas, including future skills and skills for all.
- Through the collaboration, the two organizations will create a curriculum to teach education about blockchain and web3. The course will also include the technical skills young people need to create careers in the field, with a particular focus on expanding Pakistan’s existing base of world-class web3 developers.
- Fasset will work to create a financial literacy series that empowers young people, especially women and disadvantaged communities, to develop their skills. This will lead them to invest and start earning passive income. Through this training, participants can also earn certificates that will help them find jobs in related fields.
- Web3, blockchain and related emerging technologies will set up national innovation awards. Both parties will participate in the planning of the award.
The partnership also aims to target the Pakistani diaspora around the world, as well as millions of young people in Pakistan, to improve financial literacy in impoverished areas. JazzCash will act as a financial enabler for any transactions required for the next phase of the programme and has shown strong interest during stakeholder meetings to form alliances with like-minded organisations to advance its financially inclusive Pakistan mission.
Pakistan has one of the largest freelancer communities in the world, including some of web3’s best developers, and Fasset believes that through the vision of the PMYP leadership, equipping Pakistan’s youth with some of the most in-demand skills will boost the freelance economy.
The partnership will impact approximately 1 million youth within a year, creating learning and work opportunities with significant economic impact.
Fasset is pioneering web3 technology to grow emerging market economies, connect the global diaspora with their global and local communities, and drive the adoption of digital assets by the next billion people. Fasset operates as a registered cryptocurrency exchange with licenses in multiple jurisdictions around the world. Sign up now to be notified of updates and news.
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