In a landmark step towards advancing blockchain education and digital innovation in Pakistan, Binance, the world’s leading blockchain ecosystem, has entered into a strategic Memorandum of Understanding (MoU) with the National Institute of Blockchain & Crypto (NIBC) at the University of Management and Technology (UMT), Lahore.
This partnership is set to empower the country’s youth by fostering blockchain literacy and practical skills development.
The collaboration aims to introduce a series of transformative initiatives including globally recognized Binance blockchain certification programs, hackathons, policy advocacy roundtables, and a campus ambassador program designed to promote inclusion and access to blockchain technology.
The certification courses will be delivered through Binance Academy, targeting the training of 100,000 youth including master trainers across Pakistan.
UMT will also have the opportunity to develop accredited online courses hosted on Binance’s platform, covering key areas such as Web3, NFTs, cryptocurrencies, and the metaverse.
Speaking on the occasion, Ibrahim Hasan Murad, President at UMT, said, “This partnership represents a new chapter in UMT’s vision to lead the digital future of Pakistan. Together with Binance, we aim to bridge the gap between academia and the rapidly evolving blockchain industry.”
A Binance spokesperson remarked, “We are excited to work with UMT to nurture the next generation of blockchain innovators in Pakistan. Through this partnership, we hope to accelerate blockchain adoption and provide young minds with tools for global impact.”
Both parties have agreed to further explore opportunities for joint marketing campaigns and referral programs in the future. This collaboration marks a pivotal moment in shaping the digital economy of Pakistan and positioning the country as a leader in blockchain adoption in the region.