Wednesday, November 27, 2019

Why India Needs to Up its Game in Blockchain


The experienced workforce is the backbone of any economy. And because of the quality and availability of qualified human resources in India, it has become a destination for subcontracted work. Due to the amount of work done outside India for the global market, there is a huge demand for skills improvement of the general population.
 
Why India Needs to Up its Game in Blockchain
Why India Needs to Up its Game in Blockchain

Blockchain is an innovative emerging technology that will have a huge impact on the world. With the right amount of industry and government involvement, India could be in the leadership ranks in adopting Blockchain over the next five years, according to a survey by global consultancy firm PwC.

Since India has large developer communities, programs to improve skills for emerging technologies such as artificial intelligence, machine learning, and the Internet of Things (IoT) are in demand. In response to this demand, there are tons of educational service providers who offer creative training programs and attractive models in both online and offline. However, as education providers have recently started to prepare for this new vertical, only a handful of good quality providers available on the market.

According to Blockchain 2019 report by NASSCOM, the adoption of blockchain technology in India is growing rapidly and commitments in blockchain-projects have reached over $ 20 billion in various industries. Moreover, as we already see around us, most of the Indian state governments like Telangana, Kerala, Karnataka, Andhra Pradesh, Maharashtra, and support startups and blockchain projects and the organization of conferences and hackathons on the subject.

As a large organization of conferences and hackathons are, it is simply not enough to educate the wider public or to produce quality blockchain professionals to meet the demand of the industry. The most effective way to provide full blockchain professionals with hands-on knowledge and training is to include the blockchain learning curriculum at the institute.

The crucial point is that we need an inclusive approach to help prepare for the future in India for this new technology, which will underpin the majority of areas. For example, the University of PES Bangalore blockchain launches a training program in partnership with BirthVenue. This program will run for 13 weeks and is presented as an optional extra for the students of the pre-final year. It covers all the important areas of blockchain decentralization bases cryptography hand on the development of smart contracts and more. The whole program is designed by industry experts actively working on many projects blockchain state governments and corporate giants, which will then be invited to give live conferences to university.

Most blockchain programs on the market are regularly conducted by a trainer who themselves were formed from the fixed course material and not having practical experience. This seriously hampers the objective of the program, as there is no discussion of the industry.

In this case, companies like us become the differentiating factor. Being one of the Top Blockchain Development Company in India, our customers span multiple verticals such as end-tech Insures, e-commerce, and security and therefore can to tailor blockchain appropriate programs according to design universities.

Blockchain are still in their growth phase, but with many real-life projects on the horizon, the field began to rumble. If universities and colleges are starting to offer blockchain programs like the above examples shared, we will be able to capture this boom as we took IT boom in the 90s Even if your school is not enough or you are progressive a start / professional, in an advanced stage because you do not worry you can still register for programs independently and make you competitive.

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5 comments:

  1. I have read this whole blog and it is an amazing blog who are developers and dealing daily with the new challenges. Thank You for sharing such a valuable, informative and useful thoughts for users in your blog.

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  2. Nice blog, well written and so informative. thank you for sharing. Keep posting.

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