Could hodling pay your way through school? Dubai's Citizens School will accept tuition payments in Bitcoin or Ethereum. (Reporting via Bio_Chameleon)
). Payments using digital assets are facilitated via an unnamed processing platform and are automatically converted into United Arab Emirates Dirhams . Dr Adil Alzarooni, founder of Citizens school, commented:
"We look forward to enhancing the role of young generations in achieving the UAE's digital economy. As more people embrace the era of digitalization, today's children will become the entrepreneurs and investors of tomorrow." Meanwhile, Hisham Hodroge, CEO of Citizens School, added:"Introducing the ability to pay tuition fees through cryptocurrencies goes beyond just providing another payment option. It is a means to drive further interest in the applications of blockchain — a technology that Citizens School intends to deploy, in time, across several aspects of its academic and administrative operations."
The school, set to open in September of this year, is located at the heart of Dubai and appears to be structured as an international school. It is available to students ages from 3 to 11. On its website, Citizens School its tuition cost as 45,000 AED to 65,000 AED per year before VAT, school lunches, a mandatory iPad for learning, field trips, extracurricular activities, and transport.
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