A candidate for governor of Venezuela promised to provide scholarships to citizens who are interested in joining the digital encryption asset mining and management technology training center.

The aspiring governor of the country’s ruling party José Alejandro Terán (José Alejandro Terán) initiated initiative As part of the La Guaira Digital plan, the plan aims to accelerate the country’s economic growth and promote economic stability.

As reported by Cointelegraph Spanish, Terán’s training center will Provide professional training for scholarship recipients In non-fungible tokens (NFT), crypto mining and trading. In addition, the campaign will be supported by four entities, namely the National Crypto Assets Regulatory Agency (SUNACRIP), Axie Infinity Academy, the political group Independientes con Terán and the youth of the Venezuelan United Socialist Party (JPsuv).

In addition to the scholarship program for studying cryptocurrency, the governor candidate also envisions creating “a thousand jobs” through this proposal:

“I think that by helping young people build a variety of resources, we can ensure the economic stability of their families. 1,000 jobs a year, write them down!”

Terán also promised that the training supported by the Axie Infinity Academy will include the installation and maintenance of network and mining equipment, as well as encrypted transactions.According to the data provided by Chainalysis, Venezuela is The seventh country in the world to adopt cryptocurrency index.

related: Uphold executives say Latin America will benefit the most from encryption

JP Thieriot, CEO of crypto investment platform Uphold, recently spoke to Cointelegraph about the growing Bitcoin-based use cases in the Latin American market.

According to entrepreneurs, the mainstream Bitcoin in El Salvador (Bitcoin) Adopt Has a domino effect in accelerating crypto adoption The surrounding areas include Venezuela and Colombia.

Thieriot also believes that for smaller economies, adopting cryptocurrencies makes more sense than creating an internal central bank digital currency (CBDC).