Demand for blockchain specialists in India has fueled the rise in popularity of training courses – Bits Media

Against the background of the developing cryptocurrency market and the intention of the Indian authorities to introduce a digital currency of the Central Bank, the number of applicants is growing, interested in working with blockchain.

Due to the demand for blockchain specialists in various industries - from banking to legal and management, – recruiters are looking for professionals with work experience. Against this backdrop, leading institutes in India are seeing growing demand for custom blockchain courses, That's why education providers are expanding their offerings for the growing industry.

On LinkedIn India alone, recruiters have posted more than 11 000 vacancies, associated with blockchain. Leading job portal naukri.com posted 110 629 advertisements for blockchain developers in India. Following the labor market, applicants are looking for an opportunity to obtain a specialty in a promising field. Following private educational institutions, more and more public educational institutions in India are offering blockchain and cryptocurrency training courses..

One such government institution was the Indian Institute of Technology in Kharagpur. (IIT-KGP), offering applicants a 12-week course on blockchain. IIT-KGP Associate Professor of Computer Science and Engineering Sandeep Chakraborty (Sagar Chatterjee) stated, that learning any technology is useful, when it reaches its peak.

“In four to six years, we will have experienced and academically trained blockchain engineers, which we are missing now, because it is a new technology and engineers do not have knowledge about blockchain in their academic circles".

Chakraborty thinks, that interest among professionals and recruiters will continue in the next few years, especially in this country, as India tries to develop new technologies and systems based on blockchain.

Recently Professor of Economics and Social Sciences at the Indian Institute of Management, Bangalore (IIMB) stated, that India needs to focus on blockchain development. Formerly Deputy Governor of the Reserve Bank of India T. Rabi Sankar (T Rabi Sankar) called cryptocurrencies a scam and said, that the government should ban them completely. According to Deloitte, despite the uncertainty in the regulation of cryptocurrencies in the country, more 50% investors are ready to continue investing in cryptocurrencies.