Why blockchain education is important in India
By: Sophia Casey
Tags: Blockchain Startup, Blockchain, Blockchain Technology, Blockchain Education, Blockchain Development

There have been significant developments in the fled of Blockchain technology, while the world is talking about the growth of Blockchain and its impact, we certainly cannot miss talking about Asian countries like India which holds a great market potential. Although India is still at a very early stage when it comes to Blockchain adoption, there has been some significant development in this field. Before going ahead to explore how Blockchain is making its ways in the Indian market, let’s explore what the different ways via which Blockchain is making its ways in India are.

Blockchain adoption in India:

One of the key applications of Blockchain has been in the field of logistics. We all know that Blockchain can be used to enhance transparency in the system. Moreover, tracking and tracing feature of Blockchain makes it one of the best technologies for supply chain management. And in India, we can spot some great developments in this domain.

One of the examples is Singzy; this is a company based in Bengaluru. This platform offers digital drafting and signing of contracts. Moreover, it uses Blockchain-based digital trail, which becomes helpful for managing the supply chain.

Another example in our list is Pirmecian Technologies; the company was started in the year 2016. It is working on several Blockchain projects, and one of them being BankChain that has a community of 37 banks which are exploring the new use cases of Blockchain technology.

One of the prominent names in the Indian industry, Tech Mahindra is working together with a Netherland-based Blockchain application incubator company. They are working together to provide Blockchain-as-a-Service (BaaS). This service works towards creating a better, efficient, and secured platform for payments. Another name in the list is Quasar which is a Blockchain-based platform for taking care of overseas transactions and other works like conversion of foreign currency.

These are a few of the prominent developments in the field of Blockchain in India. The reason India needs to focus more on this technology is the wider scope of job opportunities, and more than that, Blockchain equips you to work as an enterprise. A series of startups have emerged in this field, and India holds a lot of potential in the future.

Many foreign companies are investing in Blockchain, and they are outsourcing the work to India, so, when it comes to scope and growth, then the opportunities are umpteen.

Moreover, if you wish to work as Blockchain developer or Blockchain professional, then you can earn an average salary of ₹801,938 per annum. But with your experience and expertise, this amount increases up to ₹45,00,000 annually. So, you see that there are tremendous opportunities for you, and all you need is the right knowledge and learn its implementation.

What’s next?

So, your next move should be joining the Blockchain training or certification program. Once you have done this, then things will become easier and simplified. With the complete knowledge and information about Blockchain, you can expect your career to reach the heights of success. Blockchain Council offers the best learning experience, and if you wish to become a Blockchain expert, then there is no better time than starting today.