The Inspiration
In 2016, Rayyan first learned about Bitcoin and other cryptocurrencies and was impressed by their technological possibilities. Recognizing the importance of keeping up with new technology, he decided to share his knowledge with others by holding a session to discuss cryptocurrencies and their uses with classmates in 2021. Rayyan believed that staying informed about upcoming technologies is crucial for society and the country to avoid being left behind in the technological revolution.
The Journey
After discussing the idea with his teachers, Mr. Saad and Mr. Waqas, they organised an engaging session on Blockchain, Non-Fungible Tokens, and their real-life benefits. Explaining the technology behind cryptocurrencies, such as Blockchain, Rayyan discussed their potential uses in the future Internet. Students showed great interest and actively participated in the conversation. He covered the process of investing in popular coins, highlighting the monetary benefits and risks associated with the volatile market. A successful question-and-answer segment followed, addressing students' queries. To share the knowledge with a wider audience, Rayyan recorded a video for the school's Facebook page, with another student explaining the creation of cryptocurrencies.
Key Learnings
The project had valuable outcomes as students learned about new technologies and gained financial knowledge through investing in cryptocurrencies. This early exposure to financial literacy allowed students to invest their own money wisely and carefully at an early age. Beyond financial benefits, the session provided students with knowledge that will greatly benefit their lives. To Rayyan’s belief, financial literacy classes should be incorporated into every school’s curriculum. Rayyan pledged his gratitude to Mr. Masroor Shah and Mr. Waqas for their collaboration and to Ma'am Farzana Lodhi for supporting the session.
The Impact
Learning about new technologies will provide the students with knowledge. Similarly, this project taught the students about Cryptocurrencies and their technological and monetary benefits, which will empower the youth to be independent and encourage them to keep up with new technologies. It also taught the youth investing at an early age, and this will positively impact their financial literacy and will help them in managing and investing their money wisely in the future. With this done over a larger scale, this would definitely make a difference in the economic state of Pakistan and help make the country progress.
Way Forward
During the project, students were taught the complete process about how to invest into some popular coins, but also were given a risk warning to only invest what they can afford to lose, as it is an extremely volatile market. In the extension to these experiences, Rayyan hopes to create more such illuminating sessions, in the future, in order to empower the youth on practical grounds.
The Inspiration
In 2016, Rayyan first learned about Bitcoin and other cryptocurrencies and was impressed by their technological possibilities. Recognizing the importance of keeping up with new technology, he decided to share his knowledge with others by holding a session to discuss cryptocurrencies and their uses with classmates in 2021. Rayyan believed that staying informed about upcoming technologies is crucial for society and the country to avoid being left behind in the technological revolution.
The Journey
After discussing the idea with his teachers, Mr. Saad and Mr. Waqas, they organised an engaging session on Blockchain, Non-Fungible Tokens, and their real-life benefits. Explaining the technology behind cryptocurrencies, such as Blockchain, Rayyan discussed their potential uses in the future Internet. Students showed great interest and actively participated in the conversation. He covered the process of investing in popular coins, highlighting the monetary benefits and risks associated with the volatile market. A successful question-and-answer segment followed, addressing students' queries. To share the knowledge with a wider audience, Rayyan recorded a video for the school's Facebook page, with another student explaining the creation of cryptocurrencies.
Key Learnings
The project had valuable outcomes as students learned about new technologies and gained financial knowledge through investing in cryptocurrencies. This early exposure to financial literacy allowed students to invest their own money wisely and carefully at an early age. Beyond financial benefits, the session provided students with knowledge that will greatly benefit their lives. To Rayyan’s belief, financial literacy classes should be incorporated into every school’s curriculum. Rayyan pledged his gratitude to Mr. Masroor Shah and Mr. Waqas for their collaboration and to Ma'am Farzana Lodhi for supporting the session.
The Impact
Learning about new technologies will provide the students with knowledge. Similarly, this project taught the students about Cryptocurrencies and their technological and monetary benefits, which will empower the youth to be independent and encourage them to keep up with new technologies. It also taught the youth investing at an early age, and this will positively impact their financial literacy and will help them in managing and investing their money wisely in the future. With this done over a larger scale, this would definitely make a difference in the economic state of Pakistan and help make the country progress.
Way Forward
During the project, students were taught the complete process about how to invest into some popular coins, but also were given a risk warning to only invest what they can afford to lose, as it is an extremely volatile market. In the extension to these experiences, Rayyan hopes to create more such illuminating sessions, in the future, in order to empower the youth on practical grounds.
