Stellar (XLM) Advocates for Gender Diversity at SheFi Summit Brussels

The
Stellar
(XLM)
Development
Foundation
(SDF)
recently
highlighted
its
commitment
to
gender
diversity
and
inclusion
in
the
blockchain
sector
during
the
SheFi
Summit
in
Brussels.
Anke
Liu,
Senior
Manager
on
the
Ecosystem
Growth
team
at
SDF,
delivered
a
keynote
titled
“Are
there
Real-World
Use
Cases
for
Blockchain?”

Empowering
Unbanked
Women

Stellar’s
mission
is
to
create
equitable
access
to
the
global
financial
system,
focusing
on
providing
products
and
services
to
unbanked
and
underbanked
populations.
According
to
the
World
Economic
Forum,
women
constitute
55%
of
the
global
unbanked
population,
necessitating
tailored
solutions
to
address
their
specific
needs.

Stellar
believes
that
women
are
best
suited
to
develop
these
solutions,
given
their
firsthand
understanding
of
the
challenges
faced
by
unbanked
women.
However,
the
disparity
in
the
tech
and
financial
sectors
presents
a
significant
hurdle.
In
2023,
companies
founded
by
women
received
only
2%
of
distributed
venture
capital
funding,
and
women
represent
just
27%
of
the
Web3
workforce.
Furthermore,
only
13%
of
Web3
founding
teams
include
at
least
one
woman,
according
to
Forbes.

Stellar
Community
Fund’s
Role

The
Stellar
Community
Fund
(SCF)
is
an
initiative
by
SDF
to
support
projects
building
on
the
Stellar
network.
In
2023,
SCF
awarded
over
$13
million
worth
of
XLM
to
various
projects.
This
year,
the
Ecosystem
Growth
team
aims
to
increase
the
gender
diversity
of
Stellar
builders
and
SCF
awardees,
ensuring
that
funded
projects
have
real-world
applications
that
positively
impact
diverse
communities
globally.

For
additional
information,
visit
the

Stellar
blog.

Image
source:
Shutterstock