Revolut, a global financial super app with more than 20 million customers worldwide, has launched an in-app educational module to help its Singaporean users learn more about the specific risks, nature and characteristics of cryptocurrencies.
The new ‘Learn’ feature is said to provide education courses and warnings in language that is clear, concise and easily understandable.
‘Crypto Basics‘ is the first of two courses and helps educate customers on what cryptocurrencies are compared to fiat money; the meaning of a ‘decentralised system’; cryptography; the mechanics of the blockchain technology; and the risks associated with crypto investments.
The second course is based on the multichain network Polkadot, and how it unites blockchains into Web3 – the decentralised internet.
The course will use visual materials including interactive cards and videos to share Polkadot’s use cases, Polkadot’s governance system, and the Polkadot ‘Relay Chain’, the central chain used by the Polkadot network that allows specialised and public blockchain to connect in a unified network.
Customers can receive a nominal reward by taking these short and simple courses and passing a quiz.
Revolut said that it plans to add more courses to ‘Learn‘ this year.
Emil Urmanshin, Crypto General Manager at Revolut said,
“There’s a huge appetite from our customers to learn more about cryptocurrencies. ‘Learn‘ will help them better understand the trends, risks and potential opportunities associated with crypto.”
Raymond Ng, CEO of Revolut Singapore said,
“This feature reaffirms our commitment to educate our customers on the risks and potential of cryptocurrency and blockchain technology so they can make informed decisions of their involvement in this space.”
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