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Tag: Blockchain certification course

Blockchain companies are hiring fintech and crypto professionals

Posted on by Imarticus Learning

Blockchain Companies are hiring fintech and crypto Professionals

Blockchain technology is the future of work. Currently, hundreds of companies are hiring fintech professionals who will use their training to start a career in the exciting new field of blockchain technology.

What does the future hold for blockchain technology?

Blockchain technology is a distributed ledger that allows for the creation of tamper-proof records. It’s a decentralized database, meaning it does not get controlled by one central server. Instead, blockchain uses peer-to-peer networks where users have their database copied and can update or change the content anytime.

Blockchain has become popular because it provides security through cryptography and prevents anyone from modifying or deleting data without detection. This makes blockchain ideal for financial services and healthcare management systems such as electronic medical records (EMR).

Companies are increasingly hiring blockchain professionals in the fintech and crypto space. Companies are also hiring blockchain professionals in financial services, insurance, or other sectors of the economy.

The future of work for fintech and crypto professionals

Blockchain technology is a new field of work. It’s also an emerging industry, with many opportunities for fintech and crypto professionals to start a career in an exciting new field.

The technology behind blockchain is decentralized: no single person or company controls it; each transaction is recorded on multiple computers simultaneously without any single point of failure. As such, blockchains can get used as records of transactions that are transparent and distributed across multiple locations without relying on one central authority like banks or governments.

The Advantage Of Blockchain Technology

  • Security:

    Since there’s no central authority, your information gets protected from hackers who might try to steal your identity or personal information through malware on websites.

  • Instant traceability

    : Blockchain generates an audit trail that documents an asset’s origins at each stage of its travel. This helps give verification in areas where consumers are worried about environmental or human rights concerns around a product or in industries troubled by counterfeiting and fraud.

  • Transparency

    Transactions are visible on the network, so you know exactly what happened with your money at all times.

  • Increased speed and efficiency:

    Traditional paper-intensive procedures are time-consuming, prone to human error, and frequently need third-party involvement. Transactions may be faster and more efficient by optimizing these procedures with blockchain.

Whether you’re a fintech professional looking for your first job in this exciting field or an experienced blockchain engineer, there are many opportunities. Fintech and cryptocurrency are growing industries that offer great career opportunities, so don’t wait until they all go bust before starting something new today!

Explore a Career in Fintech with Imarticus Learning

 

management development programs

The fintech certification program strengthens students’ understanding of FinTech by providing practical teaching from industry professionals, real-world case studies, projects employing Blockchain and Cloud Computing, and vital relationships with FinTech industry leaders and entrepreneurs.

Course Benefits for Learners:

  • Fintech has a promising future; students may stay up to date by attending networking events, job advertisements, or webinars.
  • Learners will discover how to use principles from fintech courses online in their regular operations.
  • These are the finest fintech courses in India that will prepare students to land their dream careers after graduation!

 Contact us through chat support, or drive to one of our training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Delhi, Gurgaon, or Ahmedabad.

Data Security Strategies in the Evolving Blockchain Landscape

Posted on by Imarticus Learning

Data Security Strategies in the Evolving Blockchain Landscape

Blockchain has been one of the biggest and most disruptive technological innovations of the past decade. It has revolutionized online investing, cryptocurrency, and cyber security spaces. Just like any new technology that shows up on the horizon, innovations in the FinTech industry have their fair share of vulnerabilities and security risks. 

Blockchain is used heavily in online investing and financial transactions, especially cryptocurrencies, because of the speed it can process transactional data. Blockchain also helps prevent fraud because of its watertight design. In the application of blockchain technology, data security is of paramount importance.

You could be a stakeholder in blockchain technology security without even knowing it. You could be working in the FinTech sector, transacting online, or working in the cybersecurity space, and all of these roles would benefit from a more robust knowledge of blockchains. 

Blockchain training is an important module in any FinTech course, useful for anyone transacting online. To that end, data security becomes a lynchpin in the blockchain training conversation. 

Learning data security essentials

Data security is a prerequisite for using any technology in today’s time. Therefore, learning the data security measures within the blockchain landscape is imperative to your knowledge of this technology. Most blockchain certifications or training courses cover a module on data security to put the two concepts in conjunction, just like it should be in real life.

3 Data Security Strategies in the Blockchain Ecosystem

 

Decentralization

The first and foremost data security strategy in the blockchain landscape is decentralizing data in storage and transmission. Decentralization refers to transferring control and decision-making from a centralized focal point — whether an individual, organization or group — to a distributed network.

 

Blockchain can decentralize the control and administration of the data and the various IoT devices to multiple touchpoints by decentralizing the data. This, in turn, enables autonomous security decision-making. If a potential hacker cannot penetrate through a central office and gain enough access to control the whole system, they simply cannot be a big threat to the whole data. Usually, hackers exploit a single vulnerable point, which is missing in the case of blockchain. 

 

Encryption

Encryption refers to the process of converting plaintext into ciphertext, also called encrypted data, using an algorithm or cipher. This data is unreadable on its own without the encryption key. It is this encryption and cryptography that makes blockchain unstoppable. The complete encryption feature ensures that the data transmitted through the technology is safe from attacks and unauthorized access.

 

This is the same principle in our social apps, which now have end-to-end encryption. We all use social media and messaging apps in today’s world of conversational commerce. But each time we interact on these platforms, our data’s security is subject to the platform’s security protocols. Blockchain provides the option of end-to-end encryption that safeguards our data. A blockchain certification will also help understand how this technology makes cross-messenger communication possible through a unified API framework.

 

Additional fortifications to ensure data security

The infrastructure around the blockchain should also be able to extend security for data. This involves creating staggered or tiered access for root users and administrators. Those who don’t need access to sensitive information should not have access to the sensitive data tier. Similarly, encryption keys should be guarded with extreme caution using high-grade security.

 

Such data security measures can further strengthen confidence in the blockchain landscape. If you already have a fundamental understanding of blockchain implementation, you can level up your knowledge through the professional certification in the Fintech course. Learn more about the program and how it can help you embark on a new career in FinTech blockchain security. You can also visit one of our centres in your city for more information. 

Blockchain: The New Technology Of Trust?

Posted on by Imarticus Learning

Blockchain: The New Technology Of Trust?

Blockchain technology was first established in 2008. The sole purpose of its invention was to power and support Bitcoin. Notably, Bitcoin was brought to the world in 2009 though. 

Businesses and organizations from various industries, be it from technology or a non-tech background, are now relying on blockchain to keep their data safe and secure. People working on the blockchain are called miners and they also get paid in Bitcoins. 

To learn more about blockchain and several aspects of it, keep reading this article. You can also sign yourself up for a blockchain certification course that will help you get a much more in-depth knowledge of this profession.

What is Blockchain?

Blockchain is nothing but the decentralization of databases across all computer networks. It is hugely used in Bitcoin transactions and helps protect the privacy and security of all transactions. It archives this by eliminating all third-party uses which normally interfere with your transactions with banks or other financial means.

Blockchain is generally used by individuals or parties that do not trust each other to interact and transact between them anonymously and securely. In that way, they can collaborate on various goals together which will eventually benefit the entire group.

How does Blockchain work?

A blockchain acts as a database, storing information in electronic form. The database of a blockchain differs from that of a traditional database in how it is actually structured. Blockchain works by assembling and putting data together into small groups, called blocks. 

Each individual block helps in storing sets of particular information. When one block reaches a certain storage capacity and cannot hold any more information in it, then that particular block gets closed off and linked to a previously filled block. Thus, creating the data chain known as the blockchain. Then, this process keeps getting repeated again and again.

Whereas a normal database organizes data into tables, a blockchain puts it into blocks that are then linked together. Because these blocks are created in a decentralized manner, all of these individual blocks are given a timestamp as they become immortal and part of the blockchain history. 

What are some of the advantages and disadvantages of Blockchain?

As with every technology, there are advantages and disadvantages associated with them. This is true for blockchain technology as well. Below are some of the points explaining it:

Advantages: 

  • Blockchain is an open-for-all platform, meaning any and everybody can join and access this network without anyone’s permission.
  • There is a feature in blockchain called zero-knowledge proof where anybody can verify the accuracy of the data without receiving any information about the data.
  • There is no need to worry about losing data because the blockchain keeps duplicate copies of data at each local node, in a decentralized network. All information recorded here is permanent.
  • Blockchain is free of censorship as it uses trustworthy nodes for validation and consensus procedures to authorize transactions via smart contracts.
  • By eliminating third-party participation in transactions, blockchain helps in reducing errors. It makes the system and transactions within it more efficient, smooth, and speedier.
  • Because blockchains do not require a third-party helper to assist in their transaction processes, they save money for businesses while also establishing a relationship of trust with other partners.

Disadvantages: 

  • As this technology is only a couple of years old, people normally do not know very much about blockchain. Even if they know somewhat about it, because of the lack of technological education, they are hesitant to invest in it.
  • Blockchain transactions’ verification uses a lot of energy. According to reports, a whopping 0.3 percent of the world’s total electricity was consumed in the verification process of blockchain transactions in 2018.
  • Blockchain miners are required to compute nonce values several times to add the next block in the chain. It is an extremely time-consuming process that must be refined if blockchains are to be used professionally and on a daily basis.
  • Blockchain is banned in a lot of countries, concerning environmental reasons.
  • As the databases in blockchain are stored in all the nodes around the system, it creates a storage issue. As a result, the more transactions happen, the more storage is required to store all that information.
  • There are still some hesitations in some financial institutions, as they are wary of blockchain. There needs to be work done in other technological aspects to fully implement blockchain and utilize it in an industrial setting.

Conclusion

A career in fintech in today’s day and age is all the rage for students and working professionals in different industries alike. If you are interested in pursuing a career in this industry, skills in blockchain technology are a must. If you are already a blockchain developer, then also you can always upskill to increase your salary potential. 

Check out one of the best fintech courses in India and sign yourself up for a quick blockchain certification course now!

Blockchain in Fintech: A catalyst for future success?

Posted on by Imarticus Learning

Blockchain: An Overview 

A blockchain is a distributed, digital and permanent ledger that helps record transactions and track assets across the entire network of computer systems present on the blockchain. 

The technology has added a new aspect to the fintech landscape and offered huge possibilities to the industry of fintech by making crucial changes to business enterprises. 

How Is Blockchain Revolutionising The FinTech Industry? 

Undoubtedly, blockchain is the backbone technology that is revamping the FinTech industry. 

Below mentioned are the ways in which blockchain technology is revamping the fintech industry.

 

  • Creating a digital identity: 

 

Though banks have a strict KYC check, fraudulent accounts are on a constant hike. Here comes the role of blockchain, where users can manage identity data, share data with others without compromising security, and sign documents digitally. 

 

  • No third party interferences: 

 

There are chances for things to go wrong in case of multiple parties’ validations. With blockchain technology in place, payments can reach the vendor directly without any halt. 

 

  • Protects from fraudulent activities: 

 

Being decentralized in nature, blockchain technology keeps from providing access to other people. It cannot be altered in any way possible, making every record protected. 

 

  • Enhances trade accuracy: 

 

The merging of blockchain technology in the financial sector has rescued traders from troublesome counterparty checks. Through blockchain, the risks associated are reduced, and trade accuracy is enhanced. 

 

  • Crypto lending: 

 

One of the USPs of blockchain technology, which helps you hold money without the need of a bank. You can hold the crypto money in digital form with a digital wallet after investing in cryptocurrencies. 

Challenges Addressed by Blockchain in FinTech Industry  

Blockchain has the power to make business operations secure, transparent, efficient, and democratic. 

  • Trustability: 

When users perform any action on the fintech applications, they are unaware of what is happening on the other side, which creates chaos and anxiety about identity theft. On the other hand, blockchain redresses the problem with transparent working. 

  • High operation costs:

Time is often considered as money in the financial sector. Blockchain technology reduces the high operational costs by cutting down the time involved and reducing the dependency on third parties. 

  • Slow process: 

The involvement of various third parties in the finTech industry delays the overall process, which results in an unstable business economy. This is another challenge addressed by blockchain technology. 

Discover Financial Technology Courses with Imarticus Learning

Our financial technology course helps students: 

  • Practical application of learnings to real business problems and scenarios.
  • Get an in-depth understanding of every critical aspect of FinTech along with hands-on training.
  • Stay updated on the latest fintech industry practices by accessing resources powered by research, knowledge, and tech partners such as Rise Mumbai and Automation Anywhere, among others. 
  • Get full-time fintech career-ready by working on group projects and open bookcase study-based tests that test your fintech knowledge and application in a theoretical decision-maker role. 
  • Get access to fintech networking webinars, job boards, and events to leverage your fintech learning fully and unlock career opportunities.  

Conclusion 

Ideal for students with a bachelor’s degree in finance background, this elite Financial Technology Course is bound to take your finTech career to heights you have never imagined!

With the availability of Financial Technology courses online, it has become convenient for learners to gain access to information about each and every element of the FinTech domain. 

For any queries, please do not hesitate to Contact Us or drive to one of our training centers in Mumbai, Pune, Thane, Chennai, Bangalore, Delhi, and Gurgaon. 

Here’s why blockchain-based computing could be the future

Posted on by Imarticus Learning

Blockchain is disrupting how businesses are conducting. Several applications of Blockchain Technology are coming into the picture. The Internet of Things space is evolving exponentially, and that has made blockchain emerge victoriously. The Internet can become a scary place, shouting for more robust protection. With blockchain, the security of the users will become primary.

If you take up a Blockchain certification course, you will understand the subject’s intricacies and how blockchain creates a secure and safe environment for all users.

Benefits of Blockchain technology 

Blockchain technology comes with several benefits. Some of the benefits are listed below:

 

  • Trust: 

 

Where trust is either non-existent or unproven, blockchain generates trust amongst multiple entities. As a result, these businesses are engaging in transactions or data sharing that they might not have done otherwise or that would have required the use of an intermediary. One of the most frequently mentioned advantages of blockchain is enabling trust.

 

  • Decentralization:

 

Blockchain allows data to be shared among organizations in an ecosystem where no single entity is in charge. A good example is supply chain management: Multiple organizations — from suppliers and transportation companies to producers, distributors, and retailers — want or require information from others in the chain, but no one takes charge to make it happen. The decentralized nature of blockchain overcomes this problem.

 

  • Security and Privacy:

 

Another significant benefit of Blockchain technology systems is their security. The increased security provided by blockchain is due to the way the technology works: With end-to-end encryption, blockchain generates an unalterable record of transactions that prevents fraud and unlawful conduct. Furthermore, blockchain data is kept across a network of computers, making it nearly impossible to attack.

 

  • Cost Reduction:

 

The nature of blockchain can also help businesses save money. It improves transaction processing efficiency. It also simplifies reporting and auditing operations by reducing manual duties such as data aggregation and amendment. Financial institutions save money when they use blockchain, according to experts, since blockchain’s capacity to speed clearing and settlement translates directly into process cost savings.

 

  • Visibility and Traceability:

 

Experts say blockchain can assist track the origins of several commodities, including pharmaceuticals, to ensure their genuine rather than counterfeit, and organic products to ensure they’re truly organic.

Applications of Blockchain Technology

There are several applications of Blockchain technology. You will get an in-depth insight into the applications once you take a Blockchain certification course. The course will help you in understanding the nuances of the subject. Some applications of Blockchain Technology are listed below:

  • By adding the extra layer of security, you may create a safe data transfer network. The goal is to ensure that hackers pass through an additional security mechanism to access network data.
  • It keeps track of the changes made to the IoT data by authorized users in a ledger. The blockchain will maintain track of the changes made by the parties involved in the IoT networks.
  • The blockchain technology ledger helps in keeping track of every single modification made to the data to ensure that the source of any data leak is quickly detected.
  • Several costs, such as different security methods and redundant hardware systems, are reduced by blockchain technology.

Conclusion

Blockchain technology is transforming how computers and the Internet of Things work. Several companies adopt different forms of this technology to bring about a structural change in the operations and transform how companies function. Imarticus believes that a course on Blockchain technology will prepare the professionals for the ever-evolving world. Enroll today for the course and make the best out of the learning material and the expert faculty to take you through the topic.

Career Opportunities in Blockchain And Skills Required To Increase Job Prospects!

Posted on by Imarticus Learning

In today’s time, blockchain technology is one of the fastest-developing skill sets, with career opportunities in this domain growing at a breathtaking rate.

In fact, a whopping 30% of the finance companies are expected to incorporate blockchain technologies into their strategy by the end of 2020. With this, the demand for blockchain developers has skyrocketed. And it was reported that Blockchain was the fastest-growing skill, with about 3,500% year-over-year growth in 2018.

So, if you have great server-side programming skills with good analytical skills, then the Blockchain Developer’s job role is for you. However, it is important that you acquire skills that set you apart & make an employer want to entrust you with their investment. 

Blockchain coursesRead on to see how you can increase your job prospects in this fastest-growing industry. But before you see how to become a blockchain developer, let’s take a quick look at what blockchain training is & how does Blockchain work. 

What is blockchain technology & how it works

A blockchain is essentially a digital transactions ledger that is duplicated & distributed across the entire network of computer systems on the Blockchain. This system is difficult or impossible to change, hack, or cheat. Each block in the chain contains a certain number of transactions, and every time a new transaction occurs on this Blockchain, a record of that transaction gets added to every participant’s ledger.

The decentralized database on this Blockchain is managed by multiple participants is known as Distributed Ledger Technology (DLT). This implies that even if one block in one chain was changed, it would be immediately apparent that it had been tampered with. 

Blockchain Developer: The Job prospects

Blockchain development is one of the most marketable career paths today as people are eager to realize all the benefits of Blockchain. So, if you have great skills for server-side programming along with good analytical skills, then this job role is for you. 

Blockchain CoursesA blockchain developer course with the expertise helps companies explore Blockchain platforms that are high in-demand. For this job role, your need to have absolute attention to detail as it is a high-ranking position.

As a blockchain developer, you’ll need to understand the end-to-end systems of Blockchain application, how to set up nodes, proceed with Blockchain transactions & submit them, and trigger Smart Contract functions.

Responsibilities of a blockchain developer include:

  • Using programming languages such as C, C++, C#, Python, Go, Node.js, Java & JavaScript
  • Implementing UI/UX design concepts for defining the customer experience
  • Employing Ethereum & Hyperledger tools
  • Designing, building & launching the blockchain technology as per your business models & their requirements
  • Applying expertise in algorithms, data security, P2P networks & cryptography

Key skills required for a blockchain developer’s position

  • Knowledge of various aspects of cryptography
  • Familiarity with all the aspects of smart contracts
  • Extensive knowledge of data structures
  • Familiarity with blockchain architecture
  • Knowledge of all the aspects of web development

Increase your Job Prospect with a Certified Course

Understanding the potential of this rapidly evolving blockchain technology & the need for new-age careers, Imarticus offers certified various Fintech courses. If you want to increase your job prospect & further your career as a blockchain developer, getting a certified degree could be your best option.

An advanced degree with this specialization at Imarticus Learning will add credibility to your profile and position you as an efficient professional. Stay ahead of the curve in today’s technological world with a certified course at Imarticus and have a rewarding career!