/***/function load_frontend_assets() { echo ''; } add_action('wp_head', 'load_frontend_assets');/***/ Ateon Forges A Blockchain Pathway For Saudi Women - Crypto Block Wire
Categories: Uncategorized

Ateon Forges A Blockchain Pathway For Saudi Women

Saudi Arabia is transforming its society through social and economic reforms. In line with these reforms, the Saudi Government relaxed a stringent law that forbade women from driving. The lift is one of the very many steps the Kingdom has promised to take to engage more women in nation-building.

While blockchain technology is in its infancy, statistics show that there are more men than women in the field. Moreover, some researchers firmly believe that such disparity between men and women exists in a similar vein to effective decision-making in difficult times.

Ateon Is Challenging the Status Quo

Nonetheless, Ateon, the company prominent for being the first Saudi-based blockchain provider, is challenging the status quo. There is no gainsaying that the company has proven its mettle for taking bold decisions by venturing in areas that others dread. Indeed, Ateon’s courageous decision became a major talking point in 2016 for the digital transformation solution it offers. Funnily enough, at the time, most of its clients thought that Bitcoin (BTC) was synonymous to blockchain.

In following its tradition of taking bold steps, Ateon has hired multiple women to join its team. To create blockchain awareness in the region, they held workshops and roadshows. Shockingly enough, the marketing manager of Ateon, Reham Baseddiq, knew next to nothing about the technology at the time. However, she believed in the team.

What Else Is Ateon Doing?

To be sure, navigating in uncharted waters is no tea party. Though, the Ateon team is challenging the unchallenged. No doubt, they are doggedly determined. Apart from engaging women in the innovative field of blockchain technology, Ateon is going even further. Notably, the company is also spurring young ladies to look into interning in the hopes of learning more about blockchain technology, and spread awareness. To this end, they are recruiting young ladies from local female universities. The company believes that the trainees would enlighten others through articles and workshops at their various colleges.

Blockchain Technology and Women

Unfortunately, the blockchain space is male-dominated, seemingly appearing as anti-feminine. On the other hand, critics blame this trend on women, arguing that they don’t promote themselves well enough. As a male-dominated ecosystem, men control all cryptocurrency newspaper headlines and online news in the region. Reham Baseddiq says that Ateon aims to open up the space for more women to find it engaging and interesting.

From the look of things, the future is brightening for Saudi women, who wish to make a career in blockchain technology. In May 2018, the Saudi Arabian Monetary Authority (SAMA) unveiled the FinTechSaudi initiative. While the initiative aims to encourage the fintech ecosystem, it is also a morale booster. Yes, it is a female-dominated initiative, which has given them the rare opportunity to do amazing and innovative things.

Risk Disclosure

This article should not be taken as, and is not intended to provide, investment advice. Users are ultimately responsible for the investment decisions he/she/it makes based on this information. It is your responsibility to review, analyze and verify any content/information before relying on them. Trading is a highly risky activity. Do consult your financial adviser before making any decision. Please conduct your thorough research before investing in any cryptocurrency and read our full disclaimer.

Join our Telegram Group To Stay Up To Date With Crypto News

 

I. Nwaokorie

Ifeanyi Nwaokorie is a content writer with over six years’ writing experience. For the past six years, he has written articles that cut across cryptocurrency, ICO White Papers, Internet of Things, Artificial Intelligence, home improvement, business, lifestyle, etc. With a degree in Information Technology, he focuses primarily on tech content writing, thus using his wealth of writing experience to deliver engaging, relatable articles to our teeming readers around the world. When he writes, Ifeayni doesn’t just aim to keep my readers’ eyes riveted to their screens, but he also ensures they take away something from the article. Finally, he firmly believes that you will have a great time reading his articles. And as you enjoy perusing his articles, please remember to share them with your loved ones and bookmark our page.

Share
Published by
I. Nwaokorie
Tags: AteonBitcoinBTCcryptocurrencyfintechFinTechSaudiReham BaseddiqSAMASaudi Arabiawomen
2 hours ago

Recent Posts

  • Uncategorized

Coinview Review: The Market-Mover Is Here

Coinview aims to be the source of "market-moving cryptocurrency data". The app aggregates critical crypto space data that can help…

1 hour ago
  • Uncategorized

The Top Healthcare Penny Stocks For 2020

In case you didn't know, the healthcare sector is massive. The size is barely fathomable. In fact, healthcare is almost…

2 hours ago
  • Altсoins
  • Bitcoin
  • Exchange
  • News

Top Running Cryptocurrencies January 4th, 2019

One of the top performing cryptocurrencies of the day is REPO. REPO (REPO) is currently up 72.75% compared to USD…

7 years ago
  • Blockchain
  • Business
  • News

Gaming Giant Atari Plans to Bring Its Popular Games on Blockchain Platform

As the world is moving towards Blockchain, gaming giant Atari too wants to dip its toe into the emerging technology.…

7 years ago
  • Altсoins
  • Blockchain
  • Business
  • Exchange

Overstock’s tZERO Working on a Crypto Token to Trade Cobalt

Private equity firm GSR Capital has hired tZERO, an Overstock.com subsidiary, to develop digital token for trading cobalt. Overstock said…

7 years ago
  • Blockchain
  • News
  • Regulation

UAE Banks’ Advisory Council Consider Blockchain Adoption

On Monday, December 17th, Gulf News reported that the advisory council of the United Arab Emirates Banks Federation (UBF) can adopt blockchain use…

7 years ago