What is The Difference Between Bitcoin and Blockchain?

Out of the latest trends in the market, the most popular one is people earning from crypto mining. However, there is an extensive debate regarding the benefits of using cryptocurrencies to make money.

That debate is based on two important terms, ‘bitcoin’ & ‘blockchain.’ This blog differentiates between the two terminologies and explains its use in the world of fintech and cryptocurrencies.

What Is Blockchain?

Blockchain is a digital payment gateway that provides record transactions between two parties constantly and correctly. In other words, blockchain is a distributed ledger that confines bitcoin or any digital asset. It allows multiple parties to transact, share data, and pool resources securely.

Many professionals and individuals from the industry assume that blockchain is the latest technology. However, that isn’t the case. Blockchain is traced back to 1991, but it gained popularity only after the advent of cryptocurrencies.

Blockchain is decentralized and made of three vital elements:

Blocks: They contain all relevant information about a transaction. Each block has a unique nonce and hash, which is stored at the end of the blockchain.

Miners: Miners are those creating multiple blocks, which is an incredibly complex task.

Nodes: Through nodes, no one organization can own a blockchain. This maintains integrity & prevents a breach of privacy through an exchange of information.

What Is Bitcoin?

Bitcoin is one of the first cryptocurrencies to use blockchain technology in facilitating digital payments. Through a decentralized network, bitcoin offers a low transaction fee compared to other payment gateways.

The first thing is to get a bitcoin wallet, software to send, receive, and securely store funds. It is downloadable on a phone, PC, or any digital device. Bitcoin isn’t a currency governed by a central banking system.

It isn’t stored physically on any platform and deploys mathematical algorithms to protect a number stored in public and private keys. As complex as it may sound, bitcoin is not a hard currency. It’s a convenient mode to pay or get paid.

Blockchain vs. Bitcoins

  • Blockchain is a technology. Cryptocurrencies like bitcoin use this for secure and anonymous transactions.
  • Blockchain supports transparency, whereas bitcoin operates anonymously.
  • Blockchain is extensive in use, whereas bitcoin is restricted to digital exchange currencies.
  • Bitcoin is used to transfer digital currencies, while blockchain allocates digital assets, proprietary information, rights, etc.

Explore Blockchain with Imarticus Learning:

Cryptocurrency is the future of the Finance sector. Fresher graduates, professionals, and executives must know the importance of investing in the best fintech courses in India. Imarticus Learning offers fintech certification programs that are a structured framework covering finance, technology, analytics, cloud computing, etc.

The programs help gain insights into the digital world of cryptocurrency. The online MBA program offered by Imarticus Learning delivers career-defining professional education while partnering with global leaders. The unique Ed-Tech expertise, industry insights, market understanding, operational excellence, and sprawling network impact learners.

MBA Fintech programs combine collaborative e-Learning, interactive coursework, and active networking opportunities. As a result, the students are empowered through the skills, knowledge, and experience needed for global competency.

The programs broaden career opportunities for learners in trade finance and gain a competitive edge over other professionals. With the modern industry turning highly competitive and dynamic, these world-class courses are designed with expert pedagogy for training and learning.

Send an inquiry for details on fintech courses in India through 24×7 Live Chat Support System.

You can also visit one of our training centers based in – Mumbai, Thane, Pune, Chennai, Banglore, Hyderabad, Delhi, Gurgaon, and Ahmedabad.

What Is Fintech & How Has It Evolved In India?

With the urge to keep ahead of the competition and adapt on a constant basis, Finance specialists that can manage disruptive technology are in higher demand. Fintech occupations are arising to assist the sector in reaching new heights and bringing about organizational change.

What Is Fintech?

The words “financial” and “technology” are combined to form the term “fintech”, which refers to any company that employs technology to improve or automate financial services and operations. The word refers to a large and quickly expanding industry that caters to both consumers and companies.

Fintech offers a wide range of uses, from mobile banking and insurance to cryptocurrencies and investment apps.

The Evolving Fintech Landscape In India

The financial services business is undergoing a massive upheaval, fueled by cutting-edge technologies like artificial intelligence, cloud computing, mobile computing, and so on.

Many new Fintech firms have disrupted the traditional financial services market over the last decade by utilizing new technologies and providing tailored, value-added, and on-time services to customers. Candidates with the necessary skill sets and awareness of how emerging technologies might be implemented in the financial services business are in high demand.

Explore A Career In Fintech

Individuals that understand how Fintech has transformed our knowledge of finance are needed in the financial services industry, both for back-end business solutions and customer-facing or front-end applications.

Artificial intelligence is being used by these banking services to handle low-energy financial assistance so that human capital can be used for more in-depth duties. Your knowledge of Fintech can help business owners comprehend what’s possible and how to succeed in this new era.

Your career requires the SP Jain FinTech courses online. The most outstanding and most comprehensive FinTech education available, designed to help you advance your career.

How To Start My Career In Fintech

Fintech course in IndiaTo work in this dynamic field, an ambitious Fintech expert can take several different paths. The Professional Certification In FinTech, developed by SP Jain School Of Global Management and Imarticus Learning, is Asia’s one of the best FinTech courses online.

Hands-on training from industry professionals, real-world case studies, projects utilizing technologies like Cloud Computing, and meaningful interactions with FinTech industry leaders and entrepreneurs are all part of this course.

The Professional Certification in FinTech is a first-of-its-kind and is one of the FinTech courses in India that will give you in-depth exposure to important FinTech domain aspects.

Highlights of the program:

  • Unique Fintech Pedagogy
  • industry-supported Program
  • Alumni Status of S P Jain
  • Access to the Fintech Community

What Makes the Imarticus Course Unique?

You get to work on a practical group project and a transparent case study-based examination that evaluates your FinTech knowledge and application in practical decision-making to ensure you’re ready for a full-time career in FinTech as part of your mandatory certification requirements.

  • Project: a paradigm shift
  • CXO level decision making

Take Away

The fintech sector is booming. This field is still being transformed by innovation, and it will continue to do so for the foreseeable future.

Fintech courses in India will assist you in gaining a better understanding of current technologies to obtain in-demand financial and technological skills.

Frequently Asked Questions on Fintech

Example to understand the Fintech domain

Fintech is the short form used to denote the financial technology industry. The Fintech industry has revolutionised the traditional banking and finance industry by leveraging progressive technology to boost customer satisfaction. In the contemporary digital landscape, customers are more accustomed to using their smart devices for purchasing goods and services and thus making payments for the same.
The growth in online transactions as a result of booming e-commerce led to technological progress in the field of finance. Fintech is the amalgamation of finance and technology. It is the infusion of cutting-edge technology to solve the challenges faced by the traditional banking and financial services industry. Fintech is making the banking industry more efficient using tools like chatbots, mobile applications, UPI payments, etc. to improve customer satisfaction.
PayPal is a very relevant example to understand the Fintech domain. PayPal is a leading Fintech company that helps to facilitate personal and business transactions, payments and credit services online using the application or through its website. PayPal has an international presence and is valid across 200 countries worldwide and is accepted by millions of websites. It is also used for other transactions like online donations, fundraising, etc.

How Do I Learn Fintech?

Technology is touching all industries and transforming the way the world runs. Finance is one major industry which has made the best use of technology. The integration of Finance with Technology to bring in the required automation in the Finance sector is referred to as FinTech. FinTech is everywhere. It has enveloped us in a way that it has become a part of a modern man’s life. FinTech finds its use in various domains like Payment apps and even cryptocurrency!

FinTech is becoming a very popular field to work in. Learn FinTech if you have an interest in going into the field of Finance. To get insights into FinTech, one can start knowing about the major sub-topics which build the FinTech industry like lending, borrowing, working of blockchain and cryptocurrency, payments, etc. This will help you in analysing the underlying potential of the industry and also help you in understanding your interest areas in the particular domain.

Various online courses on FinTech are available on renowned online learning platforms. One can enrol in these short-term courses and start gaining perspective on the sub-topics. Also, you can network with people who are already a part of this industry. This will give you in-depth insights on FinTech and its subsidiaries.

What is FinTech Course?

FinTech is a popular term that is commonly used for Financial Technology. FinTech is any company that makes use of technology to deliver its services. It deals with multiple functions like managing cryptocurrency, payments, etc. FinTech makes it easy for consumers to manage their finances and also transact with ease.

With FinTech, the space of accessing finance has changed drastically. FinTech has brought about huge and major changes in the field of traditional finance and investments. FinTech provides modern tools that are disrupting the way consumers manage their finances. FinTech has demonstrated its utility in Crowdfunding platforms, Blockchain, Payments, Insurance, Robot-Advertising, Stock-Trading, Budgeting apps, etc.

The FinTech course is an introductory course that gives insights on FinTech and how technology is bringing about a major change in the field of Finance. FinTech courses are designed for Finance professionals who want to keep themselves at par with the industry and also for the newbies who are willing to join the Fintech or Finance industry.

FinTech courses are brought forward by various online learning platforms. They collaborate with industry experts and professors of renowned Universities to compile the best material on FinTech and its subsidiaries. These courses also provide multiple certifications which can help in increasing your credibility in the field.

What Is the Blockchain Course?

Blockchain is a list of transactions which are stored on any network and can be accessed when needed. Blockchain is used by various cryptocurrencies like Bitcoins to store and record transactional data. Blockchain technology is finding great uses in various businesses as it can keep a record of events, contracts, personal information like medical history, monetary transactions and a lot more.

Blockchain has disrupted the way data is stored and managed. It is increasingly becoming popular due to multiple usages and also the automation of various industries and companies. Blockchain is a relatively new field where everybody is getting to know how it works and then converting their knowledge to potential gains.

A Blockchain course can help your cause. Various courses on blockchain and how it works is present on various learning platforms. A course on the blockchain can help you in knowing how blockchain is helping businesses. It will also give you insights on how this technology can add value to a particular business or a project.

A course on the blockchain will help you understand its basics, how it is tackling the prevailing problems, types of blockchains and how blockchains are disrupting the whole business space and creating a whole new world. These courses will help you enhance your knowledge and understanding of the subject. Also, you can seek employment is connected fields after taking up a blockchain course.

How Do I Get My Blockchain Certification?

Blockchain technology has brought about a disruption which has affected the whole world. Blockchain is creating a lot of jobs as companies need people who understand how blockchain works so that they can make the best use of the resources in hand.

To get into the Blockchain space, you must be certified. Also, you must have relevant and in-depth information on the subject matter to find your space in the blockchain industry. Getting certified in any aspect of blockchain would be the first step. One can get Blockchain certification on innumerable online and offline learning platforms. Also, certifications give you the required knowledge in the subject matter without burning a hole in your pocket.

Certifications are universally accepted and have an instant impact on your career as they give out an impression that the person is well-versed with the topic. Blockchain certifications can be received after successfully completing various learning modules and assessments provided by the offline and online learning portals.

Using these learning portals, you can upgrade your knowledge and understanding of the topic and become more employable. Blockchain certifications cover multiple aspects on the topic and can get you ready for the market. With blockchain certification, you can get ready for the next big step of your career.

Also Read: All You Need To Know About Fintech Technology

Blockchain: A Solution for Positive Shopping Behaviours Amid Covid19

The world is battling against the recent pandemic of the novel coronavirus. The whole world has come to a standstill and everyone is trying to practice social distancing and safety measures. Not only medically, but this pandemic has also challenged people financially, mentally, etc. We are lucky that we have so many technologies that are doing our share of work. One such technology is blockchain which is helping a lot nowadays amidst this pandemic. In this article, we will discuss the benefits of blockchain technology in the shopping sector amidst this chaos.

What is Blockchain technology?

Blockchain is a technology that supports payments through digital channels. It takes care of digital information/data during online transfers. It allows the user to share digital data with any person and that information can only be read. Blockchain ensures that people can only access information about digital payments and history. They cannot change or manipulate the data/information.

The power of authority is equally shared among people as there is no central controlling point in blockchain technology. Security is the main responsibility of blockchain. Blockchain is widely used in digital transactions and cryptocurrency distribution. Let us see the positive effect of blockchain technology on shopping behaviors of people.

Less portal charges

You can transfer information from one point to another using blockchain technology without any transaction fees or portal charges. The block/information which is to be transferred is passed on to the millions of computers around the globe before reaching its final destination. If someone tries to falsify this information, then he/she has to falsify all the million checkpoints too through which the information is passed before reaching its final location.

For example, whenever we do a credit card transaction on any online portal, we give a few transaction charges which are taken by the credit card company or the service provider. There are no transaction charges cut by the blockchain technology in such transactions. Amidst this pandemic, we can apply this technology worldwide to reduce buying costs for all the people involved.

Distribution of control

There is no central authority in the blockchain. It is a decentralized technology. Covid19 has forced people to stay in their homes and work from home. If there was a centralized technology, then all the information would be stored on one entity only and people would have to monitor and control it, if any damage comes to the central authority, it can result in complete data loss and security concerns. Blockchain enables information sharing by everyone without being manipulated. This will surely help in shopping and marketing amidst this novel coronavirus outbreak.

Transparency and Stability

If you want to look up to transactions of any cryptocurrency institution, you can easily see it using blockchain technology. But you can only see the transactions and cannot manipulate them. For each block, a hash code is generated and it is hard to break all the security protocols. All the transaction done with a public address on blockchain technology is visible to everyone. This also forces these firms to follow honesty. Blockchain technology is transparent and secure at the same time.

Since human interaction in physical terms is impossible amidst this outbreak, this technology can clarify the doubts of buyers and can also be trusted because of its transparency. Immutability is also a major concern in blockchain technology. One can understand these things practically through various blockchain online courses.

Note – A hash code is generated through a hash function in which the input string is changed into a different output string. The output string is generally large and tough to decode. Any small changes made in the input string affects the output string by a huge margin.

Conclusion

The human society has taken a huge blow due to covid19. Amidst this pandemic, blockchain technology can ease our difficulties by modifying our shopping habits. One can easily find many blockchain online courses to start learning. It will help us in adapting to the current scenario. This article was all about the pros of shopping through blockchain. I hope it helps!

Also Read: Why Fighting COVID-19 Needs More Than Blockchain to Succeed?

Which Cryptocurrencies Has The Most Secure Blockchains?

Bitcoin is also called Digital Gold because it still is the most secure crypto of all times which has sustained its place from the forerunner stage to date. The massive cryptographically encrypted blockchain is transparent, cannot be altered or deleted and gets automatically verified across all nodes in the miner’s network all without the interference of any third-person intermediary.

Blockchain training can actually help you understand the high standards of blockchain security when transacting with Bitcoins. The blocks are interconnected to each other through unique hashtag signatures and need verification of all miners on the network to record a transaction.

To change or alter any information one would need to alter at least 51% and more of the has power at the same instant which makes it near impossible. It would cost more to edit than to steal because till date the Bitcoin is the most mined crypto! No wonder it charges higher is valued higher and accepts other cryptocurrencies against it as a standard measure.

Bitcoin is truly the most secure form of payment that has transformed the value of paper-money by allowing people to make transactions with their money sans any intermediary and in a completely secure, instant, encrypted manner that makes its security its most valuable transactional feature.

The blockchain technology and how it works:
Bitcoin is synonymous and thrives on blockchains. Did you know that the hash rate for Bitcoin is around 8,721,206,904 GH/s? Its active nodes run into millions and though not ASICS resistant the difficulty levels compensate and make it extremely secure to transact with.

Blockchain technology brings in the important four attributes of immutability, decentralization, transparency, and security.

  1. User authentication and verification using blockchain technology sans third-party interference.
  2. The blockchain data structure is contained in the app-end and causes the data to be immutable, and impossible to delete or alter.
  3. The data ledgers are cryptography protected and contain hashtag functions from the previous block. This information is verified to complete the cryptography transactional process.
  4. Ledger consensus and record-keeping are enhanced as all data of transactions are contained in the block and are duly verified for maximum trust by the peer network users.
  5. Blockchain time-stamping ensures a recorded chronological order.
  6. The ledger is distributed over all blockchain nodes in real-time.
  7. The peer network has all transactions on the blockchain overall interconnected computers thus decentralizing the system.
  8. Data is always retrievable and never lost.
  9. Transparent transactions ensure the viewing parties are verified users and reduce transactional ambiguities.
  10. The source of the ledger can be tracked at every block of the chain.
  11. Consensus between the parties ensures duplicity and fraud are removed.
  12. Smart contracts enable presetting criteria and conditions for automatic recording of transactions.

Blockchains are today popular across verticals and industries like banking, agriculture, healthcare, e-commerce, education, mining, property recording, retail, entertainment, media, automobiles, logistics, transport and many more.

The Bitcoin Lightning Network:
The open-source free lightning network Bitcoin protocol creates anonymous channels to route millions of transactions/second.  The fees charged are extremely low and micro-transactions friendly. Thus people will be able to receive, send and deal in money instantly, securely, and cheaply.

No more DD charges, transaction fees or cheques that take days to clear. Even far off geographical locations are just a click away. However, the internet connection needs to be present and offline wallets fail when this important factor is not considered.

Other secure currencies:
Litecoin is good and secure too. Ethereum, Monero, Dash, zcash and such are all technologically private, secure and follow the Bitcoin’s security protocol. IOTA is yet to emerge from the accusations levied against it by MIT. However, blockchains are built secure and the more popular ones are transmitted for verification across millions of nodes at the same instant.

If the crypto was only on one node then it would neither be secure nor of interest to anyone. That is so because blockchain technology itself works on authentication and verification by the network users or miners to emerge as secure transactions.

Also, preservation of the tokens and the inability of hackers to break into such crypto wallets make the currency more secure from theft. Offline storage and cold storages are good security features to keep your monies safe.

Conclusions:
Bitcoin emerges the winner of being the most secure crypto. Learn all about cryptocurrencies and fintech at Imarticus Learning Institute by doing your Blockchain course here.

They help you launch your career in a field that is the emerging phoenix of tomorrow’s technology. Needless to say, the jobs in the sector never face shortages in demand and the pay packages can be unbelievably fantastic with experience.

For more details in brief and further career counseling, you can also contact us through the Live Chat Support system or can even visit one of our training centers based in – Mumbai, Thane, Pune, Chennai, Hyderabad, Delhi, Gurgaon, and Ahmedabad.

What Are The Cryptomining And Other Career Opportunities In The Blockchain Ecosystem?

 

Blockchains, cryptocurrencies, and crypto mining seem to be buzz words touted today by everyone and in every industry where financial transactions are made. Technologies like Quantum Computing, Virtual Reality, Neural Networks, data analytics, AI, Augmented Reality, driver-less vehicles, smartphones, cryptos and many more have digitized the modern world and have come to prominence over the last decade. Blockchains have immense benefits for the industries adopting its technology as they reduce costs, increase process efficiency, improve productivity and ease-of-operation.

Blockchain Training is the way to go, to land a career in the evolving and emerging field of blockchain applications across all verticals. This then includes the jobs generated in fields like crypto mining and the entire blockchain ecosystem.

The basics of blockchains:

The Blockchain ecosystem is the emerging darling of 2018 with hopeful industries incorporating it willingly. It has the potential to transform disruptively and every industry. However, the cryptocurrency markets where it originated in the Bitcoin blockchain, shed almost 79 percent of their capital and the field is dogged by regulations and legal hurdles as of now. Governments and policies are reluctantly showing more acceptance of blockchain apps as indicated by the recent mobile trial conducted in West Virginia.

Let us look into the many advantages and terminology of blockchains as taught in Blockchain TrainingBlockchains are today popular across verticals and industries like banking, agriculture, healthcare, e-commerce, education, mining, property recording, retail, entertainment, media, automobiles, logistics, transport and many more.

Blockchain technology brings in the important four attributes of immutability, decentralization, transparency, and security. The benefits offered by blockchain technology are

  • The blockchain data structure is contained in the app-end and causes the data to be immutable, and impossible to delete or alter making its algorithm unhackable at the present time.
  • The data ledgers are cryptography protected and contain hashtag functions from the previous block. This information is verified to complete the cryptography transactional process through crypto mining.
  • The peer mining network has all transactions on the blockchain over all the interconnected computers thus decentralizing the system.
  • User authentication and verification use the blockchain technology sans third-party interference.
  • Ledger consensus and record-keeping are enhanced as all data of transactions are contained in the block and are duly verified for maximum trust by the peer network users.
  • The ledger is distributed over all blockchain nodes in real-time.
  • Data is always retrievable and never lost.
  • Transparent transactions ensure the viewing parties are verified authenticated users and reduce transactional ambiguities.
  • Blockchain time-stamping ensures a recorded chronological order.
  • The source of the ledger can be tracked at every block of the chain.
  • Consensus between the parties ensures duplicity and fraud are removed.
  • Smart contracts enable presetting criteria and conditions for automatic recording of transactions.

What is crypto mining?

Blockchains use cryptographic hashtags to interconnect blocks with the predecessor block containing a hashtag criterion that needs to be verified and is transmitted across all mining nodes for every transaction. The miners provide the algorithmic solution as proof-of-work making the transaction complete and verified. By doing so first the miner is rewarded with gold or if late a pile of dust. To dig out the solutions in crypto mining is an arduous task needing Blockchain Training, knowledge of algorithms, problem-solving abilities, and dedication. This crypto mining can be profitable and depends entirely on skill and luck.

The digitized process used is un-tampered, secure, instantaneous and has little or no fees when compared to banking processes. Hence the ongoing crypto bans by Governments and policymakers. At the moment the blockchain technology is being used across verticals like banking, education, healthcare, insurance, real estate and many more.

Cryptomining and the blockchain ecosystem’s job market is booming and for the skilled blockchain experts, the job has no lack of scope for development, recruiting companies or great pay packages. According to Upwork, the thousands of jobs being generated by the blockchain segment are filled in less than a week. Hubs for crypto mining exist in Venezuela, Russia, Norway, Canada, Sweden, and South Korea with the rest of the world fast catching up.

Conclusion:

Is crypto mining a job? Probably not but the returns are high! Also, it needs great Blockchain Training. For all your blockchain courses try Imarticus Learning. Their courses are par excellence. Start your course without any delay and mine your way to a great career. All the best!

For more details, you can also contact us through the Live Chat Support system or can even visit one of our training centers based in – Mumbai, Thane, Pune, Chennai, Banglore, Delhi, Gurgaon, Hyderabad, and Ahmedabad.

Is It Worth Doing a Masters In Blockchains And Cryptocurrencies?

 

It isn’t just data that increases by the minute. With the phenomenal growth and use of data and the technology to use it for analytics the demand for education and training is certainly also increasing every minute. So are the jobs and demand for trained professionals.

The blockchain technology with its root in cryptocurrencies forerunner Bitcoin is one of the innovations that has transformed digital money transactions. And since money and business go together it has worked excellently for all industries associated and has become a part and parcel of every new innovative solution in industries like real estate, healthcare, sports, banking, logistics, insurance and you name it!

Doing your masters in Blockchain is certainly a good idea and can help you make a career in this nascent field if you have a reputed and reliable training partner like Imarticus Learning. Let us explore why such an option will help since so few training institutes offer this option.

How training courses help:

Aspirants for a Blockchain career will find that there are quality institutes that offer masters in Blockchain training. Here are some benefits of doing such a course.

  • They offer courses for professionals upgrading their skills as well as for the career-starters or freshers.
  • Blockchain technology is a practical-oriented course that cannot be learned in isolation. Hence practical vertical-relevant training becomes essential and can help you stand out from the other aspirants.
  • The professional certification offered is generally accepted as a measure of your skills and practical applications. The more reputed the institute or certifying authority the better the course is.
  • Employers look for certifications when hiring since practical skills of the job aspirant will add value and help explore the scalability of blockchain technology.
  • The training courses are affordable, offered in both classroom and virtual modes or a combination of them, and focus on providing practical skills of the adaptive blockchain technology.
  • Such training courses are generally short and intensive ways of making a career or a career change in the emerging fields.
  • The project work, assignments, case studies, etc add to your portfolio and are industry-relevant.
  • Most reputed training partners are professionally accredited with the best-in-the-industry certifying agencies.
  • There is a wide variety of online resources that are explored in such training courses.
  • Such certifications often offer credits and PDUs which allow you to take professional certifying examinations where experience is needed. The credits indicate you have the right knowledge and practical skills which can be used to measure and certify you as a professional.

The top training options:

The top institutes who offer a formal degree like the masters in Blockchain are: 

  1. The Liechtenstein University is among the Blockchain training pioneers. They offer both fintech and blockchain training courses as a Certificate course. One of the most friendly and open countries the Liechtenstein government is contemplating a new Blockchain Act which will ensure standards and measures to regulate the use of this potentially useful technology.
  2. The Cyprus based University of Nicosia does offer the first formal MSc- Digital Currency degree. This online degree is alliteration for the masters in Blockchain.
  3. The first course with blockchain accreditation is offered by UCLA. The course is new on the blocks and offers 4 credits on blockchain technology.
  4.  Reputed universities like the MIT, Stanford, Princeton, NYU, and many others also offer courses on blockchain and Bitcoin technologies in both formal and MOOC modes.
  5. Doing a full-time career-oriented training course at a reputed academy like Imarticus with the Blockchain Course. A large number of reputed training institutes like Imarticus Learning have mushroomed globally who offer excellent and practical-oriented training courses with certification.
  6. Accredited training partners of reputed universities like Imarticus, upgrade etc also offer online PG courses in blockchain technology.
  7. Large tech companies like the Linux Foundation are also interested in training people on blockchains and offer training courses.

Conclusion:

The blockchain technology is booming and it has the potential to disrupt any industry it is used in. Many sectors like healthcare, real estate, education, insurance, and the traditional banking system have already benefitted from it. High demand for professionals with professional certifications makes blockchains an excellent career choice because the industry needs professional accountants, managers, analysts, developers, programmers and such to grow and realize its potential.

The Blockchain courses offered by Imarticus Learning is excellent because it also offers modules on personality and resume development along with a vertical-specific syllabus and assured placements to help you get a career head-start in this promising industry. Start your course today!

For more details, you can also contact us through the Live Chat Support system or can even visit one of our training centers based in – Mumbai, Thane, Pune, Chennai, Banglore, Delhi, Gurgaon, and Ahmedabad.

What Makes Blockchain The Most Disruptive Career Option?

The potential of blockchain technology to transform and disrupt any vertical it is used in has thrown up burgeoning demand for professionally trained personnel to man the growth. The demand has outstripped supply of blockchain-knowledgeable professionals

Essentially, this means there are well-paying jobs with ample scope and growth, across verticals that make this an excellent and exciting career choice for young career makers and professionals alike.

Blockchain technology is the emerging darling of 2018 with hopeful industries incorporating it willingly. It has the potential to transform disruptively every industry.

According to Glassdoor reports, the annual jump in recruitments for this field for August 17-18 was 300% and median salaries paid in India for professionals with Blockchain Training were above the national average salary by a considerable amount!.

Why blockchain technology?

The increase in demand for professionals to man the jobs generated is tremendous and offer excellent job scope and demand that is expected to last over the next two decades.

Blockchain Training provides the quickest way to land one of the well-paying jobs spawned across many industrial sectors.

Let us explore how some of these benefits them.

The Banking segment—Blockchains offer safe, transparent and instant digital transactions with low fees as against traditional transactional methods. The banking segment has embraced technology and stands poised to reap the many benefits of adopting such technologies. An infrastructure which is blockchain-based enables the cross-border payments at remote locations instantly with immutable consensual digital records of time-stamped secure transactions.

Logistics, marketing, and supply chains—Witching to blockchains makes marketing, logistics, and supply chain segments and verticals almost error-free and require no intermediaries. Thus monitoring instantly and stock-taking is more accurate human-error free and consumes less time resulting in huge savings in terms of personnel required to man operations, costs, effort and time.

Real Estate – This segment depends on records primarily and because blockchain technology is consensual between parties and verified across all nodes on the network a fraudulent or altered property deal is an impossibility. The digitization of land-records and the permanent storage and traceability of transactions makes the adoption to blockchains the next logical step in fast-tracking digitized smart contracts.

Sports, insurance, and healthcare— These sectors will switch to blockchains to provide solutions to reducing confidential record-keeping hassles and using the instantaneous accuracy and immutability of the records of medical histories as a plus point.

Entertainment and media—The adoption of blockchain-tech can resolve issues of privacy, royalty, and rights in these areas making the authentication and reward for creativity process transparent and sans intermediaries.

Other verticals—With similar trends across other verticals like law, crowd-funding, retail, eCommerce, investment platforms, cryptos and more integrating blockchains into their operations.

Skills required:

Most Blockchain Trainingapplications today are Python, Golang and JavaScript based. The trending tools, languages and technological suites required for a career in Blockchain today are:

  • C Suite languages like C and C#
  • Python suite languages
  • Java Suite languages including Java, JavaScript ES6, JSON, js and Javascript.
  • Simplicity, Serpent, Solidity, Go, Rust and such languages.
  • SQL and NoSQL
  • HyperLedger Fabric

Top jobs:

Among the career choices available specifically in blockchains are those of the

  • Developer
  • Architects
  • Consultants
  • Blockchain Engineers
  • Certified educators

Blockchain tech is lucrative:

Technologies like Quantum Computing, Virtual Reality, Neural Networks, data analytics, AI, Augmented Reality, driver-less vehicles, smartphones, cryptos and many more have digitized the modern world and have come to prominence over the last decade. Blockchains have immense benefits for the industries adopting its technology as they reduce costs, increase process efficiency, improve productivity and ease-of-operation. Blockchain Course is the way to go, to land a career in the evolving and emerging field of blockchain applications across all verticals.

Key Takeaways:

Blockchain technology is truly the most disruptive career option. Many sectors like healthcare, real estate, education, insurance, and the traditional banking system have already benefitted from it. Blockchain technology is booming and it has the potential to disrupt any industry it is used in.

High demand for professionals with professional certifications and Blockchain Training makes blockchains an excellent career choice because the industry needs professional accountants, managers, analysts, developers, programmers and such to grow and realize its potential.

Blockchain career aspirants do not need any mandatory qualification like a degree. The beauty of blockchains lies in the fact that at Imarticus Learning you can quickly and easily pick up the practical skills required.

Coupled with assured placements and certification this promising technology can disrupt your career and land you a well-paying job with growth and good pay packages. Start your Imarticus Blockchain Course today! For more details, you can also contact us through the Live Chat Support system or can even visit one of our training centers based in – Mumbai, Thane, Pune, Chennai, Hyderabad, Delhi, Gurgaon, and Ahmedabad.

How Can Business Benefit From Blockchain Tech?

 

Bitcoin is the best example of blockchains succeeding and the beginning of the use of blockchains in all technologies to improve efficiency, accountability, transparency, and productivity at reduced costs for a wide variety of businesses.

Technology today is part and parcel of every business and industry where data is used. Without exceptions and across financial services, global supply chains, healthcare, government, insurance, real estate and banking sectors among many others have benefitted from blockchains. Ways and means to use the Blockchain Certification to transform and disrupt industrial growth and businesses are the subject matter of every innovator on the web.

Let us explore how the blockchain can transform your industry or business model.

1. Transactional transparency:

Record keeping and maintaining transactional histories use blockchain distributed ledgers where all network users can verify the recording of the shared documentation. The altering, deleting or tampering of records is near impossible as every block transaction carries a copy of the previous block in unique hashtags and needs verification before being added to the block.

This means duplicity, frauds, altering documents becomes impossible as the sequence has to be changed across millions of network users and needs the consensus of all users on the network to timestamp and record the transaction. The result is a precise, accurate and immutable record shared to permission-enabled users in a transparent and sans intermediary transaction.

2. Verification and top-end security:

Consensual transactions ensure transparent recording. Every transaction is verified, approved, encrypted and linked through cryptographic means to the previous transaction. Publishing for verification in real-time ensures information is stored across every node of the network to make the hacking, data-loss and privacy of the network a 100% fail-proof system.

3. Better record keeping and traceability:

Tracing the source of products in a chain is difficult enough. By recording them on blockchains the logistics, marketing, record-keeping, product lists are all stored on blockchains to ensure finding the source or origin easily in real-time. Imagine how the product deliveries in a food-chain can be tracked to even account for spoilage and refrigeration details!

4. Speed, efficiency, and ease-of-use:

Paper transactions can be completely avoided by recording on blockchains. This also reduces human errors, third-party mediation, ledger keeping, and many such benefits. Sales are quicker and settlements hastened as proven by e-commerce platforms when blockchains are used since the records are stored on blocks shared in real-time across authorized users requiring a single distributed ledger for the entire network of users.

5. Cost reduction:

No intermediaries need be present meaning lesser costs on the recording, verification, and record-keeping. Where cost reduction is a priority blockchain can be relied upon for the trust, accuracy and transparency factors to help with improved efficiency and increased productivity.

A bit on blockchains:

Blockchain technology brings in the important four attributes of immutability, decentralization, transparency, and security.

  1. User authentication and verification using blockchain technology sans third-party interference.
  2. The blockchain data structure is contained in the append and causes the data to be immutable, and impossible to delete or alter.
  3. The data ledgers are cryptography protected and contain hashtag functions from the previous block. This information is verified to complete the cryptography transactional process.
  4. Ledger consensus and record keeping are enhanced as all data of transactions are contained in the block and are duly verified for maximum trust by the peer network users.
  5. Blockchain time-stamping ensures a recorded chronological order.
  6. The ledger is distributed over all blockchain nodes in real-time.
  7. The peer network has all transactions on the blockchain overall interconnected computers thus decentralizing the system.
  8. Data is always retrievable and never lost.
  9. Transparent transactions ensure the viewing parties are verified users and reduce transactional ambiguities.
  10. The source of the ledger can be tracked at every block of the chain.
  11. Consensus between the parties ensures duplicity and fraud are removed.
  12. Smart contracts enable presetting criteria and conditions for automatic recording of transactions.

Blockchains are today popular across verticals and industries like banking, agriculture, healthcare, e-commerce, education, mining, property recording, retail, entertainment, media, automobiles, logistics, transport and many more.

Conclusions:

The blockchain technology is being popularly lapped up by governmental agencies, insurance firms, banks, real-estate sectors, for medical record keeping and much more where unauthorized access is limited and verification of users critical. Yes! Blockchains can be applied to all businesses without any problem to reap the very many benefits in improving accountability and efficiency of transactions.

However, to know what and when to do with this technology is an important area best tackled by doing a Blockchain Course at Imarticus Learning. Go ahead and learn it all starting at Imarticus’ course today! For more details,  you can even visit one of our training centers based in – Mumbai, Thane, Pune, Chennai, Hyderabad, Banglore, Delhi, Gurgaon, and Ahmedabad.

Is Lisk the best Blockchain?

Lisk is a platform, out of many platform coins seeking to serve the broader applications of blockchain technology. Lisk is opposed to Bitcoin which is a digital currency. It is in its earlier stages of development and Lisk is being tested by multiple companies testing multiple methods in a race towards mass adoption.
The History of Lisk
Lisk was initially called Crypti and was created in September 2014. According to their Crunchbase profile, it was created as a fully stacked solution to deploy truly decentralized applications onto the blockchain. Founders Max Kordek and Oliver Beddows created the open source dapp platform to inspire more blockchain developers to participate in the cryptocurrency space. The team released their ICO in Q1 2016 and sold 100 million of their native tokens, LSK, in return for 14,000 BTC which was worth $5.8 million at that time. Since its inception and ICO, the team has made steady progress on the project – from the implementation of their road-map to the Q1 2018 rebranding.
Why is Lisk different?
Lisk is different than its competitors due to two major reasons – JavaScript and Dapp Sidechains.
JavaScript
According to a survey by the 2018 LinkedIn Emerging Jobs Report, the job market for blockchain has seen a 33 percent growth in the last year. Lisk is trying to help the blockchain job marketplace by letting dapp developers use JavaScript, which has continuously been the most popular language for programming for the past 6 to 8 years. A large number of websites use Javascript, which gives allows Lisk apps to easily mesh and connect with most of the internet. Lisk might turn out to be the topmost option when developers are looking for a platform to build apps with if the demand for developers continues to expand and JavaScript is still as popular.
fintech certification
Lisk Software Development Kit (SDK)
Lisk also offers the Lisk App SDK in order to make dapp development easy for blockchain developers. The Lisk Too SDK is a framework to deploy sidechains and develop blockchain applications. JavaScript is used to write everything – which means that one can develop platform-independent social networks, contract execution platforms, games, messengers, exchanges, prediction markets, online shops, loT applications, online shops and much more on one’s own blockchain, fully decentralized and without the trouble of complex consensus protocols pr P2P
This points to another part of Lisk that differentiates it from its competitors: Sidechains.
Dapp Sidechains
One of the central reasons why blockchain training is built is to increase the scalability of blockchain technology. This needs a platform to manage large amounts of activity and transactions happening constantly on their blockchain which has to be thoroughly planned, as seen with Ethereum. Lisk is applying the use of sidechains to allow apps to be built on their blockchain, without the risk of a congested network. This allows, theoretically for infinite scalability and increased security.
To conclude the Lisk team comes off as one of the most professional projects in the current space and it is also backed by prominent advisors. They entered the market with a unique solution to a major problem and have proven their ability to make partnerships in the industry. Lisk is definitely worth taking the time to research and given a chance, it might outlast the current market and see significant gains in the next market.