- Lugano’s Plan ₿ Biz School educates students on Bitcoin and blockchain technology.
- The Plan ₿ Business Hub in Lugano will house over 300 blockchain experts.
- Lugano’s initiative includes 500 student grants and a 100M+ CHF investment pool for blockchain startups.
The City of Lugano, Switzerland, has launched ‘Plan ₿ Biz School,’ a new initiative designed to teach students about Bitcoin. The project is part of Lugano’s Plan ₿, a partnership between the city and Tether to integrate Bitcoin technology into the local financial infrastructure.
JUST IN: The City of Lugano, Switzerland launches "Plan ₿ Biz School" to teach student about #Bitcoin 🇨🇭
— Bitcoin Magazine (@BitcoinMagazine) July 1, 2024
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Lugano and Tether have also announced the Plan ₿ Business Hub in addition to the Biz School. This hub aims at exploring blockchain technology’s potential for business and cryptocurrency adoption.
It will house more than 300 blockchain experts and enthusiasts and will promote networking and knowledge sharing by providing recreational spaces for meetups and workshops.
Businesses and communities in the area have benefited from Lugano’s Plan ₿, which has shown how blockchain technology can be used in the real world. This initiative has enabled businesses of any kind to use blockchain platforms to improve their operations. As a result, Lugano is becoming an example for global cryptocurrency adoption.
The Plan ₿ project’s objective is to make a positive influence on people’s daily lives by expanding the use of blockchain technology and Bitcoin across Lugano. This includes both small transactions with local merchants and larger financial activities, such as annual tax payments.
A group of partners is establishing an investment pool for startups valued at over 100 million Swiss Francs. This fund aims to promote blockchain and Bitcoin technology development and attract businesses to Lugano.
Furthermore, local companies will receive assistance in integrating Bitcoin, Tether, and LVGA payments from a 3M CHF investment fund. As part of the plans, more than 500 grants will be distributed to college students to help them prepare for careers in blockchain technology.
Public services in Lugano accept Bitcoin, Tether (USDT), and LVGA, and retail acceptance is increasing. These cryptocurrencies are now accepted by more than 150 stores and businesses, with 10% cashback in LVGA.
Lugano’s Plan ₿ supports Bitcoin network decentralization and sustainable mining. This vision, which aims to establish Lugano as a leader in cryptocurrency adoption and education, is being actively pursued by the city through research and development projects.