We have all witnessed how the birth of the internet revolutionized the world over the last few decades. Similarly in this decade, Blockchain Course In India is the new buzzword ushering in a new era in the digital revolution.
Although it was developed from the nascent stage to power the bitcoin platform by Satoshi Nakamoto in 2009, since then, it has transformed into an innovative technology with the potential to change the face of business, education, government, healthcare, and other sectors due to its highly secure and incorrigible design.
Blockchain Course In India, with the Indian government releasing a “National strategy on Blockchain,” which identifies 44 potential areas spanning diverse sectors such as education, governance, finance and banking, healthcare, power, cybersecurity, and many more, where the blockchain technology can be implemented.
So, if you wish to tap into the potential of blockchain technology and excel, a well-recognized Blockchain Course will provide you with all the fundamental and advanced skills required to build any blockchain solution relevant to the industry and advance your career.
We have probably heard the term ‘Blockchain’ in connection with cryptocurrencies like Bitcoin. Essentially, a blockchain is defined as a decentralized, distributed ledger that records and tracks digital business transactions and assets.
Essentially, it stores data in blocks using cryptography, and any new data is added to a new block, which is further chained to the previous block, thus recording the provenance of digital data.
Also read about the crypto swing trade signals.
Below we have listed 5 very compelling reasons why you, as an Indian youth, should take a Blockchain certification and ride this new technology revolution smoothly!
1. Indian economy is going digital
With the launch of the ‘Digital India’ campaign by the Indian government in 2015, enormous efforts have been made to make India digitally empowered and one of the leading nations in advanced technologies such as blockchain technology, artificial intelligence, and so on.
This has resulted in a plethora of high-paying job opportunities, attracting the attention of the youth. In the years following the demonetization, the Indian government encouraged the use of alternative digital payment methods such as UPI, Paytm, Google Pay, and PhonePe to help the country transition to a cashless economy.
The Digi Dhan dashboard was developed to monitor and analyze all types of digital transactions where the Blockchain Course In India has been implemented.
As a result, blockchain technology has numerous applications in the Indian economy, and its popularity is only going to flourish further, especially now that the Indian government is planning to implement a national blockchain framework in a variety of sectors, beginning with e-governance.
2. Blockchain has applications in a wide variety of fields
.Although it was primarily intended to be used as a digital ledger for cryptocurrency systems, it now has a wide variety of applications in diverse sectors because it can be used to record any type of data.
We have listed a few of the important sectors below, that have already started using Blockchain technology in their business and data management:
3. Media & entertainment
4. Real estate
5. Supply chain management
6. Finance &banking
7. Education sector
10. Oil and gas
3. Blockchain offers high pay and Diverse Job profiles
India is going through a digital revolution, and blockchain technology is at the heart of it. Aside from the abundance of high-demand job opportunities, one of the key factors attracting Indian youth to Blockchain Course In India is the lucrative salary package that comes with it.
According to the top job search sites, a blockchain expert can earn anywhere between Rs 5 LPA and Rs 30 LPA and can even earn more depending on their level of expertise and experience.
Anybody who wants to dwell in this field will have a plethora of different job roles to choose from, spanning diverse sectors, some of which are listed below:
• Blockchain Developer– Financial institutions, government agencies, and technology firms are all looking for blockchain developers.
• Blockchain Project Manager- This position is responsible for overseeing and carrying out blockchain projects in any organization.
• Blockchain architects- they are responsible for designing, planning, and integrating many components of the blockchain system.
• Blockchain software engineer- Blockchain software engineers are commonly employed in smart contracts and banking.
• Blockchain UX designer- A company that uses blockchain technology needs trained experts to create a unique and user-friendly interface.
4. Huge prospects for future Blockchain jobs
Apart from all the major sectors in the current economy, Blockchain Course In India is expected to open up highly sophisticated and high-paying professions in the future.
According to a Times of India report, blockchain is one of the fastest-growing skill sets, with jobs in this domain growing at a rate of 2,000-6,000 percent. The article also mentions a “Digital India” report, which predicts a 540 million increase in India’s labor force by 2025 across various sectors.
As per the reports by Gartner, the business value created by blockchain will skyrocket, reaching $176 billion by 2025 and $3.1 trillion by 2030.
Blockchain has numerous applications in the form of non-fungible tokens (NFT), decentralized finance (DeFi), and decentralized autonomous organizations, and the technology’s exponential growth will only broaden further.
5. Crypto investments
Furthermore, the number of Indian youths who have recently jumped the crypto investment bandwagon has surpassed 20 million. According to the Economic Times, Indians own crypto assets worth $5.3 billion.
Although cryptocurrency is not legal tender, the investment is motivated by the high returns as well as a long-term bet on blockchain technology. This has heightened the young generation’s interest in blockchain technology.
Furthermore, the Blockchain Course In India is decentralized, allowing multiple users to simultaneously access and verify data in real-time, giving control to all users rather than just one.
The advantages of eliminating duplication, transparency, security, and a decentralized system, as well as the limitless possibilities offered by technology, are also significant. Blockchain adheres to immutable technology protocols, which means that data entered cannot be modified.
It provides transparency, traceability, and trust due to its decentralized and distributed technology with a peer-to-peer protocol. All of this makes crypto investments a safe bet.
So, if you want to be a part of India’s digital revolution and secure your future by harnessing its true power, enrolling in a Blockchain Course that will help you hone skills to become a blockchain expert is the way to go!