The government of El Salvador has created a Bitcoin/Lightning developer training program, which is being supported by VC company Fulgur and stablecoin issuer Tether. That is another another initiative demonstrating its support for Bitcoin adoption and network growth.
The “CUBO+” program, unveiled on Wednesday by El Salvador’s Bitcoin Office, is a multi-month advanced Bitcoin engineering curriculum that grants credit and prospective placement to individuals who qualify for the inaugural Plan B fellowship. Graduates of the months-long program will be eligible for credit and possibly placement.
Plan B was a cryptocurrency adoption project initiated by the Bitcoin Office in Lugano, Switzerland last year. The city has already established Bitcoin and USDT de facto legal cash, and BTC acceptance is already available at over 150 shops.
“The Plan B fellowship will provide the opportunity for El Salvador’s best and brightest computer science students to be trained by the biggest names in bitcoin from around the world,” stated the Office. The lecturers and mentors involved are yet to be announced.
El Salvador Taking Pro-crypto Initiatives
CUBO+ was inspired by President Nayib Bukele’s CUBO initiative as mayor, which featured the construction of libraries and community centers in disadvantaged regions to aid advance regional education. The latest initiative will partner with Don Bosco University in Soyapango, which was just liberated from gang rule following Bukele’s severe crackdown on gang violence, which began last year.
El Salvador was the first country to make Bitcoin legal money, with the Central African Republic following months later. Later, the country intends to issue Bitcoin-backed bonds and build a geothermally powered “Bitcoin City” that will rely on Bitcoin mining to support its operations.
“Within a few years, we believe that ElSalvador will become the global outsourcing hub for open source, peer to peer, Bitcoin & Lightning start-ups.”wrote the Bitcoin Office.