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Revolut’s Financial Education and Crypto Courses See Over One Million Users in July

One month on from the launch of ‘Learn and Earn’, Revolut has reported how over one million customers from 32 countries have completed its financial education courses courses.

Courses were faciliated by the company’s app, and included two sets of lessons lessons and knowledge tests that covered crypto basics and the Polkadot blockchain.

The initiative was created to help customers improve their knowledge of cryptocurrencies and related topics, including blockchains, and the most popular tokens and protocols, aiming to increase the public crypto literacy and financial responsibility around the topic.

Almost 1.5 million customers from 32 countries have completed the courses, with customers earning up to $15 in DOT tokens, native to the Polkadot network, for completing the courses and passing the final quiz.

According to the company’s figures, the interest in cryptocurrencies in Britain is growing. Only in July, compared with July last year, the number of transactions Britons made grew 20 per cent.

What do the courses cover?

‘Crypto Basics‘ is the first of the two courses and helps educate customers on what cryptocurrencies are compared to fiat money; the meaning of a ‘decentralised system’; cryptography; the mechanics of the blockchain technology; and the risks associated with crypto investments.

The second course is based on the multichain network Polkadot, and how it unites blockchains into Web3 – the decentralised internet.

The course shares insights into the Polkadot network, its native token, DOT, as well as Polkadot’s use cases, Polkadot’s governance system, and the Polkadot ‘relay chain’, the central chain used by the Polkadot network that allows specialised and public blockchain to connect in a unified network.

Revolut plans to add more courses to the initiative sometime this year to enable more people to take better control of their finances and give them safe access to new tools and services.

Author

  • Tyler is a fintech journalist with specific interests in online banking and emerging AI technologies. He began his career writing with a plethora of national and international publications.

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