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The Key Role of Fintech in Developing Smart Cities

Posted on by Imarticus Learning

What is a smart city?

Unlike the old times when smart cities of the world could be counted on fingers, today every country has several smart cities which operate with modern technology to provide an easy and quality lifestyle to the inhabitants. The concept of a smart city focuses on the usage of available technology and modern equipment in day-to-day functioning so that people can make use of it residing in their cities.

Amenities like transport, banking, public convenience, education, health, and housing are infused with modern and technological advancements to promote an ideal lifestyle.

Role of fintech in smart cities

Apart from different factors that contribute to the development of a smart city, finance acts as the backbone. All the decisions and functioning are based on finance. Having a modern and web-based financial system can bring about favorable changes in a city making it a perfect place to live.

  1. Modern banking system

When it comes to a smart city, the banking structure and functioning must be strong enough to suffice the needs of all the residents efficiently. Fintech has facilitated the banking structure by providing personalized banking services to customers. These services are tailor-made and can be altered at any time. Along with that, online banking facilities and ATMs are widely run by various fintech corporations in collaboration with the banks.

  1. Smart Market

Fintech creates a marketplace for smart buyers who use a digital model for transacting. In various shopping complexes and stores, fintech corporations use disparate applications and portals for payment methods. Generally, smart cities have more modern stores as compared to small cities or towns. This is because of the wider usage of fintech.

  1. Public payments

Governments operating in smart cities try to facilitate the residents through e-payment methods for paying for electricity bills, taxes, rents, and different fees. Governments collaborate with fintech corporations to provide these mechanisms so that the public can use resources effectively and safely. This way fintech operates in the background fulfilling our daily needs.

  1. Deliveries and rental taxi services

It is quite evident that all the metropolitan and smart cities operate with great dependence on spot deliveries and taxi services. These companies also make use of fintech organizations as intermediaries for the payments to be made safely.

Today, more than 80% of deliveries of food items or general items are made through online payments and the same is the case with taxi services which make use of various applications and portals for the payments to be made. This digitalization of transactions has only been possible through fintech.

 Future of Fintech

Considering the present status of fintech, it can be easily predicted that in the coming couple of years fintech will dominate the whole world, making it a modern hub.

Aspirants working in this field can check out Imarticus learning for amazing fintech training and professional assistance in placement afterward for a stable fintech career. Considering the significance of fintech corporations in almost all industries, working in this field is pretty rewarding and professional.

How Millenials are Driving the Bitcoin Economy?

Posted on by Imarticus Learning

Bitcoin is a relatively new currency, first introduced in 2008. The Millennial Generation has contributed to the rapid growth of this industry by buying Bitcoins and trading with them on cryptocurrency exchanges such as Coinbase or Kraken.

Even though Bitcoin’s value fluctuates wildly due to its lack of regulation from government bodies like the Federal Reserve Board, Millennials are willing to invest their hard-earned money into these markets because they believe that cryptocurrencies will eventually become widely accepted currency among other nations around the world – similar to how cellphones have replaced landlines overtime throughout most developed regions.

As cryptocurrency becomes more and more popular, so does the need for people to learn about it. Bitcoin Courses is a way to get into this world by learning from experts in the field who are passionate about their work.

As cryptocurrency increasingly permeates society with its popularity, there will be an increasing demand for jobs related to blockchain technology and education on how these new systems of money operate- enter Bitcoin Course! These classes provide knowledge surrounding all aspects of cryptocurrencies; they’re taught by industry leaders who want nothing but success out of each student enrolled in their courses.

In this article, we will discuss ethereum blockchain technology, Fintech, and bitcoin courses.

What is ethereum blockchain technology?

Ethereum is a public, open-source platform that Vitalik Buterin developed to allow users in the cryptocurrency world to interact and build applications without interfering or relying on third parties.

Ethereum has become one of the most talked-about cryptocurrencies since its inception back in 2015, thanks to its versatility and how quickly developers can create new apps for Ethereum’s blockchain technology.

What are the bitcoin or FinTech courses available?

What do you want to learn about bitcoin or FinTech? Are you looking for a course on how it works, why people should care, the risks and rewards of investing in cryptocurrencies like Bitcoin or Ripple? Whatever your reason is, Imarticus learning has professional FinTech courses ranging from beginner to Blockchain development that will help shape where crypto goes next!

Bitcoin online courses in IndiaIf you want to know more about cryptocurrency and finance, enroll in one of our Bitcoin classes today. You’ll learn how bitcoins work for businesses as well as individuals.

Conclusion:  It’s hard to keep up with the latest trends in finance. That’s why Imarticus Learning has created this FinTech course—to give you all of the information you need on various topics, including bitcoin and blockchain technology.

Whether your goal is personal or professional success, our experts have plenty of knowledge to share that will help you succeed in any industry! Imarticus learning offers the FinTech course certification through India’s top institute SP Jain FinTech. Apply now to make your successful career in Fintech.

Related Article:

https://imarticus.org/where-to-find-your-next-affordable-fintech-course/

Impact of Cloud Computing on Fintech Companies!

Posted on by Imarticus Learning

In the past decade, technology has been moving quickly, and it’s changing our lives. Cloud computing is one of the many changes that are happening at this time. It has brought about new opportunities for both companies and consumers to do things more efficiently and effectively.

This article explores how cloud computing impacts fintech companies, what benefits they get from using it, as well as some of the challenges they face when adopting it.

What is Cloud Computing?

Cloud computing is a term that is often thrown around without much understanding. The first thing to know about Cloud Computing is that it refers to storing data in remote servers or “the cloud.” This type of storage is less expensive than having your hardware, which can be cost-prohibitive for many smaller organizations. But before signing up with any provider, you’ll want to do your due diligence and make sure they have a good track record of security.

Benefits of Cloud Computing:

There are many benefits to using cloud computing for your business; it saves you money on hardware and maintenance costs, safeguards against theft, all without compromising security or quality.

Cloud computing courseCloud computing course in Fintech is cost-effective because companies don’t need to purchase specialized servers or software before saving their files. This also reduces ongoing IT expenses like upgrades since all updates are automated.

There’s no risk of backup failures due to hard drive crashes either. Plus, there’s some legal protection with cloud storage, so if something goes wrong, you’re covered.

Cloud computing is the effortless solution for companies that need to scale up quickly or scale down depending on workloads.

The cloud offers many benefits to businesses, but just like anything else, you should take some time before investing by looking into the costs and what features you’re getting with your purchase, so make sure it makes sense for your needs now and going forward.

Cloud Computing & Fintech:

Cloud computing has drastically changed the way we work and communicate. Fintech companies, who are always looking for new ways to innovate, have jumped on this opportunity instead of transferring that data to a personal computer. You can have your data stored in one place and easily accessed from any location with an Internet connection.

Advanced data management

Cloud computing is beneficial in the current scenario where financial data is exploding. Cloud technology allows companies to store & manage data in a secure form. This enables businesses to take advantage of intelligent approaches to lend, pay and detect fraud.

Reduced operational cost

Storing data on-premises is highly expensive compared to cloud storage solutions. Cloud computing reduces overall investment & maintenance costs for servers & burns resources to maintain uptime.

Automated analysis

Cloud Computing leverages the power of Data Science, AI/ML to perform particular tasks like credit scoring, fraud detection, & banking processes. Cloud technology introduces capabilities that accelerate & automate data analysis.

Enhanced client satisfaction

Huge computing power & smoother working models empower Fintech companies to create modular customer-centric services & increase client satisfaction. Further, with Big Data & ML, finance frauds have been significantly reduced, and the creation of trusted platforms has to be facilitated to conduct banking activities.

Improved business efficiency

Cloud computing incorporates centralized data management and supports faster data processing. This allows Fintech companies to stay focused on banking operations & maintain maximum productivity.

Cloud Computing courseImarticus Learning offers Fintech training courses that cover every paradigm of cutting-edge new-age fintech solutions.

Be FinTech Revolutionist with Imaritcus Learning:

Imarticus Learning offers courses covering every critical aspect of FinTech via hands-on training with prominent API, Blockchain, Cloud Computing, AI, Machine Learning, RPA, IoT, and Big Data. The detailed learning experience enables students to apply what they learn in real business scenarios.

The unique FinTech pedagogy focuses on hands-on training with prominent technologies and industry-related tools. Industry partnerships & education connect & access to Fintech Community are some other advantages the program offers.

Contact us through the Live Chat Support system or visit our training centers based in – Mumbai, Thane, Pune, Chennai, Bengaluru, Hyderabad, Delhi, Gurgaon, and Ahmedabad.

Blockchain: The Numerous Career Prospects It Offers, And Skills Required To Build A Successful Career

Posted on by Imarticus Learning

The market for blockchain experts is booming. Since the arrival of Bitcoin, blockchain has been an attractive technology for companies all over the globe.

 

How to become a Blockchain DeveloperFrom healthcare to finance, companies in nearly every industry are looking to apply blockchain and get ahead of their peers.

The following article will shed light on various issues related to this technology such as what is blockchain technology, how does blockchain works, how to become a blockchain developer, and much more.

What is blockchain? How does blockchain work?

Blockchain is a particular kind of database. It stores information in blocks and whenever new information is added to the blockchain, it is entered into a new block. While a traditional database has one owner of the information, a blockchain stores information with multiple users, which makes a huge difference.

Whenever a new block is added to a blockchain, it is given the exact timestamp. One of the biggest highlights of blockchain is it offers decentralization. This means a central authority doesn’t have control or ownership over a blockchain network. Instead, all the users share authority and ownership.

Every node in such a network has a complete record of the data. This allows the system to function smoothly even if one node gets disrupted. That’s because if a node will get corrupt or disrupted, other nodes will have the necessary data to continue the process.

One of the most popular applications of blockchain is Ethereum.

What is Ethereum blockchain?

Ethereum is a popular cryptocurrency that uses smart contracts for completing transactions. To understand what is Ethereum blockchain, you should be well-acquainted with Hyperledger and smart contracts. You can learn about them while preparing to become a blockchain developer

How to become a blockchain developer?

Now that you know what is blockchain technology, we can discuss the process of becoming a blockchain developer.

Blockchain developers are responsible for building blockchain-based solutions for their organizations. They are familiar with the fundamentals of blockchain, cryptocurrencies, and their applications. The demand for blockchain developers is on the rise because this technology is relatively new but has many applications in various industries. Companies want experts who can help them build and maintain blockchain-based solutions.

To kickstart your career in this field, you should get a blockchain course. A course in this subject will help you study its various concepts and test your knowledge through projects and assignments.

A Blockchain online training would also let you study directly from industry experts so you can resolve doubts quickly and avoid getting stuck on complex topics. Another advantage is that completing a blockchain course would certify you as an expert in this subject.

Recruiters are always on the lookout for certified professionals in this sector because certification shows the person is highly skilled and well-acquainted with the subject.

Conclusion

Blockchain is certainly a revolutionary technology. It has made a huge impact on the finance and tech industries and companies are actively working towards utilizing it further.

how to become a Blockchain developer?There’s a bright scope for blockchain developers in India. If you’re interested in becoming a blockchain developer and want to learn what is blockchain, check out this blockchain course offered by Imarticus.

Related Article:

https://imarticus.org/how-imarticuss-future-learning-program-carved-a-career-in-fintech-industry-an-interview-with-abhilash-chatterjee/

The 5 Most In-Demand Skills In The FinTech Industry!

Posted on by Imarticus Learning

If there is one field that is growing at a rapid pace and which also has a lot of scope for students in India, it is fintech. Short for financial technology, it has revolutionized the way we manage our finances in a short span. Whether it is small-scale investments or corporate finance, fintech has managed to provide better solutions like mobile banking, wallets, UPI, and other IT-driven financial services.

This is the same reason why a fintech career is one of the most sought-after paths for aspiring students today. But with that aspiration comes the question of specialization. What skills to master? And what fintech courses to take?

Fintech online certification course in IndiaHere’s help in the form of a starter guide about the 5 most in-demand skills in the industry.

1.      Strong Understanding of Programming Languages

Knowing the basics of coding and having a working knowledge of at least one major programming language is essential to even enter the world of fintech.

And when you do enter, just knowing a language is not enough. A fintech career requires you to innovate in that language and come up with solutions to modern problems. This is only possible if you know the language (or languages) inside out.

Fintech certification courseSome of the most common languages used in fintech are JavaScript, Python, and SQL. You can learn more about them through easily available fintech courses online.

2.      Mathematical and Analytical Skills

You have to be very sharp with numbers.

Some people have a natural way with numbers and that is expected in any student who wants to make it big in the fintech industry. In addition to accountancy and bookkeeping skills, you also need to be strong with charts and graphs and mathematical analysis. Tech tools involved in fintech are extremely useful and knowing how to use them even more critical.

3.      Blockchain Skills

An intermediate-level expert in blockchain has a better chance of nailing a fintech job interview than a financial expert. Why?

Because fintech companies are looking for talent who have a bend with technology. Since blockchain is considered the next big thing in online security and privacy, experts in the subject are in demand.

This makes blockchain a hot skill and something that you should study on the side as you prepare for your fintech career.

4.      Cybersecurity Skills

Another in-demand skill for your fintech career is related to cybersecurity. This is obvious because security is one of the most crucial aspects of fintech. A company creates a mobile wallet app, and one of the most important things it needs to ensure is the safety of its users’ private information.

With the constant threat from hackers looming, companies need to make sure that their products are secured with top-notch technology. This is where your cybersecurity skills come into play.

Knowing existing security standards such as the FIDO alliance, two-step verification, strong authentication, and other related concepts then becomes paramount.

5.      Machine Learning and Deep Learning

Last on the list is machine learning, which is one of the most in-demand tech skills in general. The world is still trying to make communication between computers and humans free-flowing, and having one more expert getting involved in it is a welcome move.

If you are a finance student, it would be good to expose yourself to such tech concepts as you try to build a fintech career in India.

The recent change in the high school education framework of India further makes fintech an appealing path. This is because students can now take two more years to decide on their interests and start focusing on specific employable skills from early on. Start now and enroll in a fintech course today.

The Vast Scope of Cryptocurrencies Beyond Bitcoin

Posted on by Imarticus Learning

Cryptocurrency is becoming a global phenomenon, although there is vast unexplored potential. There are thousands of cryptocurrencies that exist, but most of us only know about Bitcoin. 

While Bitcoin has out-performed many other cryptos, but others are safer to invest and learn from. This post gives you an idea of how cryptocurrency is more than Bitcoin and changing the landscape of Fintech and other industries.

Crypto and Bitcoin:

Cryptocurrencies have existed since the 1980s, but most people learned about them after the advent of Bitcoin. Founded in 2008, Bitcoin has taken us on a roller coaster ride of epic proportions and created many “new rich” since its inception.

While only a few know where Bitcoin in the future, some experts believe that Bitcoin may acquire value in the coming years, but it’s doomed to fail. This prediction calls for learning related to Bitcoin, the other types of cryptocurrency, and how they revolutionize various industries.

Some Ways Blockchain is Revolutionizing FinTech

Blockchain technology is best known as technology fortifying cryptocurrency. Bitcoin, Ethereum, and other 4000 cryptocurrencies operate via blockchain, making it one of the most vital innovations in finance. Here are four ways blockchain is revolutionizing fintech.

Creation of digital ledger 

Through time-stamping every transaction and chronological recording, blockchain digitally logs the life cycle of money as it flows. This is important to the banking and accounting industries, as it improves the efficiency of record-keeping, reduces the amount of time and costs involved in manual ledger-keeping.

Protection against fraud

Being decentralized, no one has control of blockchain and can’t be altered. This means a blockchain can log a complete, unchangeable financial record of every transaction, offering huge protection from fraud. Blockchain provides more accountability and eliminates chances of scams.

Removal of third parties

Due to heightened security errors, third parties are impossible in a blockchain because of a decentralized network. Transactions on a blockchain are automatically validated, and you get rid of every layer and pay for what matters.

Democratize money management

The most strategic use of blockchain in fintech has been cryptocurrencies, which allow holding money without a bank. The digital wallets have a private key needed to send and spend crypto and a public address to receive payments. No bank is holding the money!

Blockchain, Cryptocurrencies, and MBA programs

The cryptocurrency craze has brought around many Fintech courses, ranging from blockchain and crowdfunding to peer-to-peer lending and Robo-wealth-managers. Among the popular demand is, of course, blockchain at the top of must-learn lists.

Fintech courseIf you’re a FinTech enthusiast, you don’t want to be caught napping while competitors gain an edge through up-skilling. To be a professional, well-versed in fintech, you need to look for banking and finance courses after graduation, courses related to Trade finance or Financial Accounting that enhance your knowledge of Blockchain. 

MBA online education and online courses in blockchain tech and cryptocurrencies can boost your knowledge on the subject.

Imarticus offers MBA online education with course frameworks with in-depth learning on subjects like Financial Accounting, Trade finance, Blockchain, and cryptocurrency. Industry experts design the programs to gain better business insights, communication skills, domain expertise, and management skills.

If you’re looking for a banking and finance course after graduation, with an aim to land in the Fintech industry, Imarticus has excellent offers. To learn more about Financial Accounting, Trade finance, and Blockchain courses, go through their course catalog today!

Related Aticle:

https://imarticus.org/want-to-start-a-fintech-career-heres-your-ultimate-guide/

Where to Find Your Next Affordable Fintech Course?

Posted on by Imarticus Learning

Fintech (Financial Technologies) is rapidly transforming a plethora of industries today. From wealth management to mobile banking, investment apps, blockchain & cryptocurrency, Fintech innovations are improving various spheres of the financial sector by introducing new methods and automating the traditional ones.

By integrating artificial intelligence and data science, fintech companies make financial services fast, secure, and efficient. The innovations are expanding to numerous territories of businesses, resulting in a wide expansion of this industry.

Careers in Fintech

As the industry is swiftly evolving, so are its career opportunities. Fintech offers a range of exciting job roles to people with a knack for finance and technologies. People with creative abilities and planning and research skills are a great fit for a valuable career in the fintech industry.

Some of these careers include:

  • Product Manager
  • UI/UX and Graphic Designer
  • Data Scientist
  • Cloud Management
  • Product Engineer
  • Business Analyst
  • Blockchain Developer
  • Compliance Expert
  • Cybersecurity Analyst, etc.

Courses in Fintech

To pursue a career in Fintech, one needs to have in-depth knowledge about this industry. For this, you can do a Fintech course.

Fintech coursesThere are many Fintech courses in India offered by different institutes. These courses will teach you the basics of Fintech and the current trends and practices in the financial service industry which will increase your chances of getting a job in this industry.

Though these courses are important, a lot of them can fall too heavy on your pocket, creating hurdles in your path to becoming a Fintech professional.

If you are looking for an affordable Fintech course that offers you comprehensive guidance on all the concepts and practices of Fintech, then Imarticus is the right choice for you.

Imarticus Learning – Fintech Courses

Imarticus Learning is a leading technology-led educational institution offering pro degrees and certificate courses in a variety of industries. For Fintech, Imarticus offers two programs namely-

  1. Fintech pro degree in collaboration with Rise Mumbai
  2. Fintech certificate course in association with SP Jain School

The programs dive deep into the concepts of Fintech and provide students clarity on several areas such as analytics and machine learning, robotic process automation, blockchain, design thinking and experiential learning, etc.

Fintech Pro Degree Program

The Fintech pro degree program is a 125-hour online program that follows an industry-centric curriculum thoroughly. Some of the modules of the Fintech pro degree are:

  • Batch Launch
  • Introduction to Fintech
  • Fintech for Managing Capital: Allocation of Capital and Insurance
  • Fintech for Managing Capital: Access to Capital
  • Fintech for Managing Capital: Management of Capital

Fintech Certificate Course

The Fintech courses Online is available in two modes- Core and Pro. The core program will be of 100 hours duration and the pro program will be of 140 hours.

The core program will cover a broad spectrum of Fintech concepts with group mentorship. Some of the modules of this program include:

  • Introduction to BSFI & Fintech
  • Digital Transformation & PRA
  • Cloud Computing & API Economy
  • Blockchain & Beyond

The pro program is focused on providing extensive knowledge with individual mentorship. Some modules of the pro program are as follows:

  • Payments – Consumer & Wholesale
  • Use of Technologies in Payments & New Business Model
  • Lending – Consumer & Wholesale
  • Use of Technologies in Lending & New Business Model

The fee for the Fintech certificate course is:

Core: INR 2,00,000

Pro: INR 3,00,000

For better affordability, Imarticus Learning offers students three different options to pay the fee which includes;

  1. Full payment with a 10% discount, that is,

Core: INR 180,000

Pro: INR 270,000

  1. Interest-free education loan with EMI starting from as low as INR 16,667 per month.
  2. Payment of fee in two installments.

Perks of Pursuing Fintech Programs with Imarticus Learning

Imarticus Learning offers students unique Fintech pedagogy, industry partnerships, access to their Fintech community along with the certificate/degree of the course on completion. Join today to secure your successful Fintech career!

How The Fintech is Transforming Everyday Life?

Posted on by Imarticus Learning

What is Fintech?

The Finance industry has undergone some massive transformations to improve the delivery of financial products and services to customers. The evolution within the financial services industry has been nothing less than phenomenal. One of the most impactful developments in this segment is the Fintech sector that has totally revolutionized the banking and finance industry.

Fintech is the amalgamation of finance and technology that helps to overcome all the challenges of the traditional banking sector. Fintech is among the most rapidly growing industry and the Best Fintech Course in India is in huge demand in the contemporary.

Fintech career

The Fintech industry is all about leveraging cutting-edge technology to solve traditional banking problems and help with financial inclusion. It is generally used by businesses to manage their day-to-day financial operations and processes.

It initially denoted the use of technology on the backend of financial institutions but slowly developed into a new segment altogether that is more effective in providing financial solutions to businesses and individuals. From retail banking to fundraising and investment management it includes all major aspects of banking and financial services.

Impact of Fintech on everyday life

Now that we have a fair idea as to what the Fintech segment is all about, let’s delve deeper into how Fintech is transforming everyday life.

Easy banking solutions

Gone are the days where people used to take a day off to conduct their banking-related activities. Long queues are a thing of the past and now one can easily avail all the banking features from the comfort of their home using their smartphones. Fintech has simplified banking and changes the way we operate altogether.

From making online payments for e-commerce purchases to availing loans with just a few clicks, Fintech has simplified our lives by transforming the banking segment. Personal banking-related services have been much more efficient and convenient to avail. You can even check your financial data at any time of the day.

Blockchain & Cryptocurrency

Cryptocurrency will shape the future of the finance and banking industry. The core technology at the heart of cryptocurrency is blockchain. Blockchain first became evident to the world when Bitcoin was introduced. Blockchain has other significant uses in the finance industry related to security and other purposes.

A cryptocurrency is a form of digital money that uses cryptography to secure transactions. Digital currency makes the transfer of wealth far easier between two parties. The highly decentralized nature of blockchain makes it almost impossible for users to cheat the system and carry out any fraudulent transactions.

Affordable investment advisors

The Fintech industry uses cutting-edge technology to overcome traditional financial challenges. Traditionally the investment advisory services were limited to high net worth individuals and businesses. A major reason for this was the high-fee structure of investment advisors.

The growth in the Fintech sector has made Robo-advisors more accessible and affordable to provide advisory related services by using sophisticated algorithms. Robo-advisors have shown significant improvement and perform equally well. In the coming future, more companies will deploy Robo-advisors to provide investment guidance to customers on a large scale.

Fintech is among the most rapidly growing industries as the demand for Fintech products and services is on the rise. Fintech provides a better way to do financial transactions and also does it economically saving time and money both for the customers.

Fintech careers are among the most sought-after career options in the contemporary and the demand for Fintech professionals will continue to grow in the near future.

One can opt for a Fintech course from reputed institutions like Imarticus Learning and gain practical knowledge and skills to excel at the job.

Fintech Career

Imarticus Learning also provides a job assurance to the candidates with the top players in the industry.

How and Where To Find a Fintech Career in COVID -19?

Posted on by Imarticus Learning

Introduction 

 

The fintech sector is witnessing a lot of upward mobility. They have completely disrupted the traditional banking services and are providing banking services right on the fingertip of customers. The recent Covid-19 pandemic has taken its toll on almost all the sectors. But, in the fintech sector, technologies are helping in automating the financial processes.

 

The employees can work remotely and can provide financial service to clients via online medium. There are a lot of start-ups that have launched themselves recently, they require IT & banking experts who could work with them. Let us see how one can find a fintech job amidst the Covid-19 scenario.


Where to find Fintech Jobs?

 

You can look for fintech jobs on LinkedIn which is a great platform. A lot of firms put their job requirements on this platform and people can apply themselves for any particular job role in the fintech industry.

 

There are a lot of job opportunities in the fintech sector, and you should keep searching on corporate social media sites. There is no need to be an expert in financial knowledge, there are a lot of other job roles in the fintech sector which need IT-experts. Fintech has adopted a lot of new technologies like machine learning, artificial intelligence, etc. They need deep-technology experts who can make better algorithms.

 

Tips for Finding a Job amidst Coivd-19 Scenario

 

• Keep yourself connected to the market. You can apply for jobs via LinkedIn, mail and you should keep doing it. Let people know your skills beforehand.

 

• Keep your business profile & C.V maintained. You can display your acquired skills on your profile so that people could reach out to you with a little bit of prerequisite. 

 

• There are various job roles in fintech, make sure to analyze your skills and apply for that job role. It will help you in getting the job easily. Make sure you keep yourself updated with various job roles in fintech like Customer Support Executive, Software Developer, Financial Analyst, Data Scientist, Business Analyst, etc.


What to do?

 

• If you have a bachelor’s degree in finance, accounting, or economics, then it is best for you to go in the fintech sector. There is no compulsion of getting a degree to enter the fintech industry.

 

Fintech online courseOne can know more about the fintech sector via online Fintech courses available on the internet. Many prominent courses/certifications also come with hiring chances.


Make sure you have some education/certification before entering in the fintech industry, it will help in your upskilling.

 

• A job seeker in the fintech industry should analyze one’s skill set. Make sure that you have skills like analytical skills, programming skills, etc. One can also learn about machine learning, blockchain, deep learning, etc.

 

There are also jobs for cybersecurity in the fintech sector. The more skills you have, the more valuable you will be as an employee.

 

Trends in the Fintech Sector

 

One should be aware of the trends in the fintech industry if you are seeking for a job. This will help you in learning new technologies and be updated about the industry. Some of the latest trends in the fintech industry are:

 

• Platform as a Service (PaaS) is being adopted by many fintech firms.

 

• Usage of artificial intelligence, machine learning in automating processes like credit report generation, customer support, etc. It helps in cost optimization. 

 

Conclusion 

This is the right time to start building your Fintech Career. A lot of new companies and old giants are witnessing major growth. The fintech industry is predicted to grow at a massive annual growth rate of 24.8% until 2022. This was all about how one can find a job in the fintech industry.

What’s a Bitcoin and How Does it Work?

Posted on by Imarticus Learning

The 21st century witnessed one of the most revolutionary inventions in the form of blockchain technology. It’s perceived to be almost as radical as the internet technology that changed the way we live. One of the most popular uses of this ground-breaking technology is in the form of cryptocurrencies like Bitcoin. Let’s delve deeper into the subject to understand what is Bitcoin and how does it work,

Understanding Bitcoin

What is Bitcoin? This is a frequently asked question by people who want to understand and invest in this exponentially growing asset. Bitcoin is a popular cryptocurrency that has no central backing and is used in the peer to peer Bitcoin network. In simpler terms, it can be understood as a digital currency that is not represented by a central authority and doesn’t require any intermediary to function.

This means that there would be no transaction charges or fees what so ever. Bitcoin was officially launched as open-source software in 2009. It is among the world’s largest crypto-currencies when valued using the market capitalisation.

The aim of using Bitcoin is to remove all the intermediaries that exist and adds to the financial burden of common individuals. Also, the absence of a central authority makes it more transparent and less regulated. The underlying technology behind cryptocurrencies like Bitcoin is known as the Blockchain technology. Blockchain can be simply understood as a decentralised digital ledger that records transaction which can’t be altered later or manipulated by any one individual.

Any new entry will be visible to all the peers in the network, reducing the chances of fraud altogether. The use of cryptographic hashing and decentralisation is the key highlight for blockchain technology as it helps to create a more transparent system reducing the dependence on the intermediaries and chances of corruption.

Just to give you an analogy, think of the blockchain ledger as a shared spreadsheet. Any changes made to the spreadsheet is visible to all the people who have access to the spreadsheet, the same is the case with blockchain.

How Blockchain Works

Fiat currencies are issued as a legal tender and are backed by the central government; this includes the normal currencies that exchange hands daily like the US Dollar, Euro, Yen, Rupee, etc. Unlike a fiat currency, the Bitcoin doesn’t have a physical presence rather it is mined digitally and kept on a distributed digital ledger that multiple people in the network have access to. Bitcoin has very low and almost nil transaction fees, the present online transaction methods charge a good percentage of the transaction as a fee.

Bitcoin uses peer-to-peer technology and facilitates instant transactions using the network. The Bitcoin network has individuals and companies that own the governing computing power, it is comprised of miners. So who are the miners? Well, miners are people who help to process transactions on the blockchain, they are compensated using rewards and transaction charges paid in Bitcoin.

They are a decentralised authority who manages the reputation of the Bitcoin network. Using the Bitcoin mining process, the cryptocurrency is released into circulation.

Mining requires discovering new blocks by solving difficult puzzles, these blocks are added to the blockchain. One Bitcoin can be divided to a maximum of 8 decimal places; this smallest unit is called a Satoshi based on the mysterious founder of this revolutionary crypto-currency. You can Bitcoin using a credit card, bank account or cash, it will be transferred to your Bitcoin wallet and you can then use it to make a purchase or sell an item using the Bitcoin as an exchange medium. Every transaction is recorded in a digitally distributed blockchain ledger to maintain accountability.