Company Updates

CoinGate Develops Cryptocurrency Courses in Partnership with VGTU

Last updated: May 1, 2023 3 min read

Vilius Barbaravičius

The Blockchain technology is among the most important inventions of this century, often compared to the Internet in its significance. But what about Blockchain and crypto education? For over a year, CoinGate has worked with Vilnius Gediminas Technical University on cryptocurrency courses for high school students.

Why cryptocurrency education is important?

CoinGate invests in Crypto Education

Winner of CoinGate cryptocurrency courses

9-12th graders had several tasks to fulfil and present the results to the jury. Course participants had to build an online store which would accept cryptocurrency payments. For this purpose, the students had to learn how cryptocurrency payments work, how to pay with Bitcoin, and, finally, how to accept such payments. Teams from multiple schools were competing but, ultimately, it was Sandra Ruksenaite who won the competition. She put efforts into the main task and in making a presentation on how SHA1 hashing algorithm works mathematically. CoinGate rewarded the winners with money prize in bitcoins and hardware wallets for storing and spending cryptocurrencies.

CoinGate CTO Rytis Bieliauskas said, “Educating teenagers and students on cryptocurrencies and their technology is vital. Recently, Lithuania has become an European hub for Blockchain-companies. The young generation most definitely should explore opportunities presented by this technology.”

Written by:

Vilius Barbaravičius

Vilius is a seasoned copywriter and bitcoin enthusiast specializing in blockchain and cryptocurrency topics. He's been with CoinGate since 2018, writing blogs, social media content, sales materials, newsletters, FAQs, and more. He's relentless in pursuing knowledge and a better understanding of the crypto industry, which helps him create meaningful and engaging content every day.