Waqar Zaka wears many hats — social worker, TV show host, social media star, engineering graduate and, if he succeeds in his latest venture, the brain behind Pakistan’s first cryptocurrency.

Zaka is launching an ambitious movement called ‘Tehreek-i-Tech’ to pay Pakistan’s debts. “Since I am an engineering graduate from NED University, I have come to realize that technology is the only way to pay back the debts of Pakistan,” he said while on SAMAA TV’s morning show Naya Din.

The movement has three aims, the first being to launch Pakistan’s first cryptocurrency.

“If Prime Minister Imran Khan launches Pakistan’s own cryptocurrency, our country will be able to get foreign investment from around the world to pay our debts,” he said.

He added that for the movement, he has a team from NED, NUST and other universities who will launch the cryptocurrency free-of-cost with zero investment.

The second aim of Zaka’s Tehreek-i-Tech movement is a little more ambiguous — he wants to revolutionise madrassas in Pakistan.

Related: Pakistan’s largest madrassa network produced one million Hafiz-e-Quran: Qari Jalandhari

“The schools’ mafia in Pakistan only teaches the conventional ways of earning to the youth. My agenda is to target the madrassas and revolutionize them with science and technological education,” he said.

Zaka said he will appeal to religious clerics to “pass a fatwa” making science and technology education compulsory at all madrassas. “To bring foreign exchange into the country we need to excel in IT and technological education should be made as important as zakat,” he said. “To educate the students we will have Skype sessions with madrassa students.”

The third aim of the movement is to fix Pakistan Space Programme.

Zaka said his source of inspiration was his trips to Syria and Burma. “As a reporter and a journalist my job is not only to record the issue but also to help people leave there. From this I got the inspiration to help my own country.”

He bets his movement can collect $4 billion in six months. “If it fails to do so I will never come on any television screens again.”

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