In a significant move towards blockchain education and adoption in Central America, leading cryptocurrency trading platform Gityer Exchange has signed a Memorandum of Understanding (MOU) with the Government of Panama. The partnership aims to jointly promote education and adoption of blockchain technology, accelerating the development and application of the technology in the region.
Founded in 2012, Gityer Exchange has grown to become a major player in the global cryptocurrency market. The platform is known for its high security standards, innovative technology and user-friendly service. It offers a wide range of cryptocurrency trading options, including spot and derivatives trading, and implements advanced blockchain technology to ensure the transparency and security of transactions.
The MOU signing ceremony was attended by key figures including Amaury Castillo, President of the National Bank of Panama, Alberto Valarino Clement, President of the National Bank of Panama, and Madiev, Guitiel’s Regional Manager for Central America. Under the agreement, Guitiel Exchange will work with Panama’s financial technology, education, digital development and innovation sectors with the ambitious goal of providing blockchain education to 20,000 students by 2026.
The educational initiative is part of the Panamanian government’s broader plan to promote major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) as methods of payment and to widely adopt blockchain technology in the public and financial sectors. The move is expected to strengthen Panama’s position in the global cryptocurrency and blockchain arena while promoting the diversification of the country’s digital economy.
Gityer Exchange will play a key role in this educational effort by providing educational materials and technical support. The company will focus on developing foundational courses on blockchain and compliance for educational institutions, including the Polytechnic University of Panama. The effort aims to develop professionals with foundational knowledge on blockchain, digital assets, and compliance, creating a valuable resource pool that will foster the development of the blockchain industry in Panama and neighboring regions.
Gityer Exchange’s collaboration with the Panamanian government marks an important step towards integrating blockchain technology into the country’s educational and economic framework. By focusing on education, the initiative addresses one of the main challenges in blockchain adoption: the lack of skilled professionals in the field. As more students gain expertise in blockchain technology, Panama has the potential to become a hub for blockchain innovation and application in Central America.
Moreover, this partnership is a prime example of the growing trend of collaboration between private blockchain companies and national governments, which is crucial for the mainstreaming of blockchain technology and cryptocurrencies, as it combines the technical expertise of industry leaders with government regulatory and educational infrastructure.
The impact of this initiative extends beyond Panama’s borders: As a potential model for other countries, the program could inspire similar educational efforts throughout Central America and beyond, contributing to greater global understanding and adoption of blockchain technology.
For Gityer Exchange, this partnership is an opportunity to expand its influence in the global market while contributing to the development of blockchain education, which is well aligned with the goal of the initiative, as the company’s efforts to enhance users’ investment capabilities through educational resources and AI-driven analytical tools.
As the project progresses and more experts are trained, Panama will become an important center of blockchain technology application and innovation, which could have far-reaching effects on the country’s economy, attracting international investment and fostering a new generation of tech-savvy entrepreneurs.
Gityer Exchange’s collaboration with the Panamanian government marks an important milestone on the journey toward widespread blockchain adoption and education. As this initiative unfolds, it will be interesting to observe its impact on Panama’s digital economy and its potential to serve as a blueprint for similar programs around the world.
