There are still a few women in the blockchain sector. While the exact statistics are unclear, the tech industry has been predominantly male. For example, a recent report from Deloitte found that only 7% of fintech starters are women. The report also notes that startups that women founded and co-founded have struggled to raise money during the COVID-19 pandemic.
The results show that in the first six months of 2020, 20 women-led startups raised a total of $ 875 million. On the other hand, 243 male startups raised about $ 12 billion in the first half of 2020. It is also disappointing that payment data from Coinbase, one of the most popular cryptocurrency exchanges in the world, showed that female workers and blacks were as well. Paid in previous years.
Nevertheless, Hope Forever hopes for the future of women in the blockchain. Although men are still in control, there are a number of well-known women who innovate at a high level in the company’s blockchain field.
Bringing neural diversity into enterprise-level systems
For example, Lisa Butters, general manager of Honeywell’s GoDirect Trade Greenhouse, a blockchain-based marketplace for used aviation parts, told Cointelegraph that while it might not be apparent, a female perspective could provide a different but much needed perspective. To him on business. Situations. Patters asserted that women are known for providing efficiency and convenience to business systems:
“Women are known to organize. The playroom in the house looks like it was hit by a bomb. My truck looks like four kilograms of gold fish inside a container scattered in every slot and hole. But when I look at these” roots “as a woman, I naturally want to start preventing like this Things on the spot. When it comes to the efficiency and ease of use of corporate systems, I use the same thought processes. ”
For example, Butters shared that when GoDirect Trade first developed a blockchain ledger to collect data about space-related events, there were different areas associated with each event. Patters explained that the “birth event” portion can contain seven fields associated with its capture, while the “repair event” can contain nine related fields.
However, Butters noted that the only field that is clearly related to the segment is the serial number. Thus, Pattiers explained that she needs to develop a scalable approach to data collection:
“I immediately switched to data normalization and standardized data collection for all sub-events. In terms of ease of use, my team used to my design for parents. If mom and dad can’t figure it out, we need to go back to the drawing board.”
Ease of use and efficiency are two of the most important elements of business systems. In his GoDirect Trade blog post, Butters mentioned that the company’s website reflects this and points out that the website is a mix of Amazon, Etsy, Mercari, and Target. “If a 43-year-old was the only voice who engineered our aviation market, would you think it would sound like this?” Pattiers wrote in his letter.
Chetania Kunda, global director of blockchain research and development at Ernst & Young UK, told Cointelegraph that her job is to turn the vision of the currency economy into a practical reality. “This requires ensuring the privacy, scalability, and complex business logic of tokens to token at reasonable transaction fees,” she said.
Kunda, like butter, realizes that women often find multitasking and thus have an innate ability to find effective ways to solve modern problems. “Getting women to think about it when it comes to designing and developing these business systems can be of great value,” said Kunda.
This also applies to another important component of the blockchain sector: open source projects. Anis Overrank, a member of the Technical Steering Committee for the Basic Protocol and CEO of Consianimis Consulting, noted that it helps ensure that various stakeholders, individuals and interests are represented in open source systems. “The female view is important in the decision-making process for open source projects,” she said.
Overranka echoes, Kalia Young, ecosystem manager for the COVID-19 Credentials Initiative at The Linux Foundation, told Cointelegraph that much of her work focuses on creating open standards for verifiable credentials. Young noted that community collaboration is a prerequisite for creating open source standards, and noted that the female perspective is crucial.