Top Indian Startups in the Field of Blockchain Technology

The blockchain technology has been a real game-changer for businesses that rely on the use of sophisticated technology to operate. It is commonly known as the distributed ledger technology and became mainstream to the world after Bitcoin was introduced into the market. This marvelous technology that was at the core of Bitcoin eventually went on to find many other applications. Given the demand for the blockchain technology, it is also growing popular as a career option for technology professionals.

One can easily opt for a blockchain technology course online and obtain relevant knowledge and skills required to work in this domain. Let’s delve deeper into what this technology holds and also find about the start-ups that are leveraging this revolutionary technology into the Indian market.

Understanding the Blockchain Technology

At the very core of blockchain technology lays the principle of decentralization and transparency. It can be understood as a system of recording important financial data and transactions that have a decent economic value. The interesting thing about this record-keeping distributed ledger technology is that it makes it almost impossible to cheat the system and alter the information without giving up the identity. All the transactions are recorded using an immutable cryptographic signature termed as ‘Hash’.

The blockchain structure comprises of blocks that contain information about the transactions which are encrypted and time-stamped and these blocks are connected in a chain in such a way that tracing the transactions is far easier. Any edits in the blocks make it apparent for all the participants in that blockchain. The highly decentralized nature of this technology removes the need for any central middlemen and provides equal authority to all the participants. This makes it perfectly suitable for running digital currencies like Bitcoin.

Indian Startups in the Blockchain Arena

Now that we have understood what Blockchain technology entails let’s look at some of the most promising Indian startups in this sector.

  1. Matic Network: Matic Network originated from the tech-hub of India, Bangalore. It was co-founded by Jayant Kanani, Anurag Arjun and Sandeep Nailwal. The team of Matic network raised a sum of $5,600,000 through the public token sale in the year 2019. Matic Network intends to scale the Ethereum blockchain solution using an adapted model of Plasma protocol. It also aims to counter two major issues related to Etereum blockchain, the slow block confirmations and high transaction charges.
  2. Nuo: Nuo offers a new and easy platform to lend and borrow cryptocurrency. It was co-founded by Varun Deshpande, Siddarth Verma and Ratnesh Ray in the year 2018. Some of the exclusive features include smart contract, personalised loans, Meta Tx, instant trading. It has also started a new digital banking platform with the name Juno that leverages Ehtereum and uses the Nuo protocol to provide the neo banking services. It has also expanded its operations to Singapore in addition to its Mumbai office.
  3. CoinDCX: CoinDCX is based out of Mumbai and was started in the year 2018 by co-founders Sumit Gupta and Neeraj Khandelwal. CoinDCX intends to provide a single platform for a diverse range of crypto-based financial products and services. The proprietary aggregation model by CoinDCX provides the highest liquidity from the most prominent global crypto exchanges. It also has a credit facility called ‘Lend’ to help the users earn interest income on their cryptocurrencies.
  4. KoineArth: KoineArth was founded in the year 2017 by Dr Praphul Chandra, a professor at Insofe institute. It’s primarily involved in AI, blockchain and mechanism design. It helps its users to analyse blockchain-enabled interactions using a data pipeline and machine learning algorithms. marketsN by KoineArth is a cloud-based blockchain and AI product that also offers a collaboration platform. It helps businesses to obtain real-time data easily.

Conclusion

These were some of the leading Indian startups in the blockchain arena that is revolutionising the future of Indian blockchain industry. Opting for a blockchain course from reputed institutions like Imarticus Learning will help to boost your job prospects easily.

Also Read: India Becomes Worlds Second Largest Fintech Hub

What is a Blockchain Course?

Blockchain technology is being used in many fields like finance, cryptocurrency transactions, online shopping payment, etc. Blockchain supports the digital transfer of information from a peer to another peer with users having access to read the information but not copy or amend it. A blockchain is made up of blocks and each block directs to the address of the previous block. This decentralized technology is providing fast results with increased security. A blockchain course will help you in understanding the concepts of blockchain and how to use it. A blockchain course via trusted sources like Imarticus Learning will make prepare you for all relevant roles available.

Skills Taught in a Blockchain Course

Some of the most prominent things that you can learn about blockchain & its applications via the blockchain course of Imarticus Learning are as follows:

  • You will be taught about the meaning of blockchain and its related concepts. The fundamentals & applications of blockchain technology will be discussed in a Blockchain Course.
  • Usage of blockchain in cryptocurrency transactions can be learned via a Blockchain Course. You can understand how prominent cryptocurrencies like Ethereum, Bitcoin, etc. use blockchain to provide secure services. You will grasp better with real-world blockchain scenarios.
  • You will get to know about the Hyperledger fabric in the blockchain which is a framework used to develop blockchain-based services, products, and applications.
  • The Fintech Pro-Degree & Blockchain Training offered via Imarticus Learning will also help you in understanding complex blockchain frameworks like Multi-chain blockchain.
  • You will learn about the security measures in blockchain and how asymmetric cryptography is used to make blockchain transactions secure. You will also get to know about the hash functions which are generated for each block in a blockchain network and hence increasing its security. The pair of public & private keys used for cryptography in blockchain can be understood via a course.

Why Choose Imarticus Learning Blockchain Course?

There is no restriction of any background study in the field of finance/blockchain to enrol you in Imarticus Learning courses. The Fintech Pro-Degree will consist of two batches. The first batch will focus on blockchain basic concepts and its applications while the second batch will focus on understanding cryptocurrency & financial processes using blockchain. Both the batches comprise of 60 hours of study in two months each. Imarticus learning courses are affordable and have successfully trained over 35,000 trainees. Industry experts will be there on Imarticus Learning courses to assist you and make you industry-ready.

Benefits of Blockchain

Let us explore some of the major benefits of blockchain which makes it indispensable for organizations and also a necessary skill to hone with the Blockchain course. It is a decentralized technology with no central controlling source. This increases the security as the information passes through million checkpoints and one has to falsify information at all checkpoints to alter it.

  1. The implementation of blockchain may be challenging in starting but it will save a lot of money & human resource in long run. Blockchain has helped many retail firms in cost optimization by doing financial transactions over the blockchain.
  2. You can learn blockchain technology via online courses and can increase transparency & traceability in your business.
  3. Blockchain technology once implied doesn’t require any portal charges to make transactions. This helps in creating payment portals that are secure and don’t levy any charges on its users.

Conclusion

Blockchain is quickly being adopted by many firms/companies across the globe. According to surveys by LinkedIn, blockchain is the second most required hard skill by the firms in their employees. Imarticus Learning blockchain course will make you industry ready and you will also get placement support. Imarticus Learning is collaborated with the top firms in the blockchain industry & will provide you with expert faculty members. Grab your Blockchain Course now!

How Does Blockchain Technology Works?

What is Blockchain?

The latest phase of industrialisation is filled with ingenious inventions. Blockchain is considered a ground-breaking technology that has the power to change the world. The Blockchain technology can transform the way we do things on a very fundamental level; it is considered even a bigger breakthrough than the internet which is something.

However, the Blockchain technology is still in its nascent stages and there’s so much that we are yet to discover. So, what exactly does Blockchain mean? Blockchain can be formally defined as the distributed ledger technology that is decentralised and record digital transactions which cannot be altered after input.

The use of cryptography along with decentralisation creates more transparency and instils accountability in the system. Most of us know Blockchain from one of its major applications that is crypt-currencies. It became popular as the revolutionary record-keeping technology behind the Bitcoin. Let’s find out how does the Blockchain technology works.

How Does it work?

How does the Blockchain technology work? Well, that’s a common question from people who are not very familiar with the technicality of this technology. At the core of the Blockchain technology resides the idea of decentralisation and transparency that brings more accountability in the process.

For a basic analogy, you can think of this technology as equivalent to a spreadsheet that is shared with a few people. Now changes made by any individual can be view by all the people and they would easily recognise the person behind this new development. This brings more transparency and accountability in recording a particular transaction.

Blockchain is very different from the spreadsheet and much more advance but it works along with the same principles. The three important terminologies related to Blockchain that you must be aware of are blocks, nodes and mining. Every chain is formed by multiple blocks and each block has three respective elements; the data, nonce, hash.

New blocks are added to the chain through a process called mining. Miners create new blocks on the chain through the process of mining which helps with the new addition. Now mining is not as simple as it sounds and requires Blockchain experts. There are plenty of Blockchain online courses that you can choose from and develop your skillset.

Each block has a unique hash and nonce value and the blocks also have the hash reference from the previous blocks. This is done to maintain the block’s uniqueness and connect it with a valid block so that the information can be traced properly. Let’s talk about the third component that we call nodes.

Nodes are all about the decentralisation aspect of this revolutionary Blockchain technology. It is very important to understand that any single computer or organisation or entity cannot own the chain, it will defeat the purpose of transparency and decentralisation. Nodes can be understood as any form of electronic device that has copies of the Blockchain and helps the network to function.

The network must approve algorithmically the mining of a new block for updating and v verifying the chain. This instils transparency since every new update can be traced and verified. A unique identification number is provided to participants that help to trace their transactions. This identification number is a combination of alphabets and numbers.

Blockchain has the power to dramatically reduce the chances of corruption by ensuring transparency and accountability. This is very useful in the case of any public information as it helps to track the source of change and creates a sense of integrity through its checks and balances. Blockchain has numerous other applications in addition to crypto-currency in the field of healthcare, insurance, supply chain, etc.

How Blockchain Can Be Used to Change Space Industry

Blockchain technology is a decentralised technology, which is stable and flamboyant. There are millions of systems around the globe through which the information passes; still, it will be unmodified. One can see the information in blockchain technology but cannot alter it. A lot of digital payments are done through blockchain technology. Besides giving full transparency and stability, blockchain technology supports peer to peer sourcing.

It has high-security measures which are a combination of hash functions and other security protocols. In the context of the space industry, there is a lot of data generated. For continuous and unambiguous data, blockchain can be a boon. Let us dive deeper and understand the pros of blockchain in the space industry and exploration.

Emerging technologies like blockchain and decentralised data are making a lot sound in recent years, but the technology is still new to people hence its very hard to imagine any application of it in our life. There are many commonalities that tie blockchain and space. Blockchain describes a very different way of data storage. That is decentralised too, having a common database but more secure as blockchain uses cryptographic algorithms.

How Blockchain technology can be used in the Space Industry?

The cryptocurrency application of Blockchain is popular in the finance industry and other sectors. Blockchain is already in use for several years in the space industry. Some prominent applications in this context are:

Supply Chain Management
Keeping track of supplies in space is very important in space. Blockchain is used in man-aging big space construction projects and managing the resources for space exploration.

Satellites as nodes for better and secure communication
The satellite network can be used as a node in the chain of information where you can store as well as perform transitions. This allows the space sector to give an important contribution toward better and secure communication.

Space asset tokenization
Asset tokenization in space is not an easy task; it requires enabling a crypto token-based
ownership of space assets including spacecraft, satellite and potentially astronomical bodies such as asteroids.

Blockstream was launched in 2017, which became first-ever state lite to use blockchain technology. SpaceChain first used blockchain in space in 2018 that formed the base for the constellation of satellites to support the blockchain-based operating system.

Some major predictions of blockchain in the space industry are very intriguing as their development is happening at an accelerating rate. The investment for the space industry has gone down in last years but the introduction to new technologies like blockchain and others is going to change the face of the space industry. It will help a great deal in cost-cutting and other developments.

Space Giants SpaceX and Amazon, which has large investment are sending a large fleet of satellites which could increase the risk if collisions.

Commercialising Space Exploration using Blockchain

Commercialising space exploration will be far more efficient using revolutionary blockchain technology. The feature of tokenization of a spacecraft allow institutions to prepare different component of the spacecraft. Big Institutions like NASA and ESA take this
opportunity to obtain things efficiently with more clarity and origin.

SpaceX and other companies are working on commercialisation of space exploration for a very long time but it is not feasible the point of time. With all these progressive new technologies, new avenues are opening up every day.

Conclusion
Blockchain is a cutting edge technology which is changing the approach to work for many industries and the Space industry being one of them witnessing the same. With every advancement in space industry Blockchain is being used and it is cost-saving, accurate and secure for the space industry.

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

It’s been more than three months since the COVID-19 started spreading from Wuhan city in China in the whole world today. There are around more than 18 lakhs cases reported in the whole world. At present, there are more than 4 lakh cases in the US alone. COVID-19 has spread like anything in the whole world today.

Every other country is shut down and is under lockdown. Due to lockdown, every other company is suffering from daily loss. Also, different companies are trying their level best by coming with innovative ideas and crypto startup and other different ideas to tackle the pandemic using blockchain and decentralization.

Moreover, ideas are coming from everywhere to tackle the situation whether it is from analytics companies for prediction or reporting.

These ideas are much appreciated. People are working hard to share their beliefs using technology like Artificial Intelligence and Machine Learning. But there’s a need to check about what all ideas are practical and possible to implement. They should not be used for marketing strategies.

Data is considered to be a very important part while making a prediction and studying something. Data is the key role used for making predictions these days which helps you to generate insights. For a Data scientist, data is considered to be everything. The more the amount of data, the better is the predictions made from it.

China is considered to be well advance in using technology’s but the data shared by china of patients and disease was inaccurate. It consisted of false information. Many leaders have shared their disappointment with china. This is the reason why blockchain technology will be bad because of the wrong input of the data which would result in the wrong output.

What All Can Be Done to Overcome the Pandemic Crisis and the Coming Recession?

No one can deny this fact that the year will change the usage of different technology which is a great turning point and also creativity. Nothing will be the same again. People are losing jobs constantly across the globe due to the great impact in the IT industry. When we will start the economy again nothing will be like a similar situation like the previous one. We will see the increased use cases of Artificial Intelligence and Machine Learning along with tech like IoT & Blockchain to develop systematic services and other different applications.

Previously discussed why blockchain cannot be considered as one of the solutions due to inaccurate data and there is no need to make it inflexible. But the technology presents several other applications in the banking sector like loans, payments, and supply chains, etc. Targeting the payment service can turn out to be an important factor in terms of success. The US-made sure that freelancers and people working from home workers are paid in time by digitalizing which is not a new thing for the country. This would result in complementing the insurance and fund distribution.

Countries like Japan and Sweden are well advanced digital currencies. Different banks have come out with a piece of information that focusses on the future of payments and cash by noting down the fact a person can even get corona transmitted through cash. People are focusing on how to reduce the flow of cash and switch to the digital currency where blockchain is the game-changer. These points can be questionable but banks constantly are trying to make people believe in cash and are requesting contactless payment methods. It is proved that how digital currency can help in this pandemic situation and the use blockchain with these sorts of applications can be the game-changer.

Also Read: BLOCKCHAIN: A SOLUTION FOR POSITIVE SHOPPING BEHAVIOURS AMID COVID19

How Blockchain Can Transform Our Economy and The Way We Do business In The Future?

 

In words of a techy, Blockchain is a decentralized electronic ledger system that creates secured transactional records using cryptography which is irreversible corruption thus putting a stop to malpractices of corruption. It can be used in any transaction involving money, property or other goods of value.

Blockchain is the latest transformational innovation using technology. The distributed ledger holds accountability on the user’s end and is spread amount a network of peers. The security of the blockchain lies in the architecture of the technology, spread across multiple users it’ almost impossible to hack as changes from anywhere around the world are updated based on the reach of the network.

In the most basic form blockchain technology can be explained as a medium to record economic transactions in a digitalized form using cryptography to secure the data and maintain transparency in the recording of the data for better accountability in the system. Blockchain is a democratized system in the purest sense.

The Blockchain Economy

The evolution of the economy has been beyond bounds, from the ancient period of barter systems to money as a mainstream method of exchange provides a snippet of this drastic transformation. Adding to this evolution is the latest trend of blockchain technology which has given a new method of exchange and fulfilling of transactions.

The latest version of the economy is impeccable in terms of having any external influences and corruption malpractices. The blockchain economy shows a promising future for the economy, unflawed by any one individual bringing more stability and accountability.

The center of attraction is the concept of using cryptocurrencies as a method of exchange for various transactions which were earlier facilitated through government-backed monetary authorities using their currencies.

Curbing out the middlemen from monetary transactions, blockchains aims to improve and reduce the cost of transactions for people using their cryptocurrencies. At the foundations of cryptocurrencies is the revolutionary blockchain technology.

To have in-depth knowledge about the blockchain economy one needs to understand their method of exchange, which is the cryptocurrency. Cryptocurrency is a type of digital asset that serves as a medium of exchange for financial transactions. Cryptocurrencies use blockchain technology to provide transparency and security for transactions of value. Shaping the era of capitalism, blockchain technology is the catalyst for this remarkable feat.

 Blockchain transforming the business

Now that we have made ourselves familiar with the blockchain technology and the economic model using this technology, let’s jump into the applications of the same!

In today’s scenario, evolution in the technological landscape causes a chain reaction in other industries. Almost every industry depends on high technology to conduct and improve its business. Better technology not only saves time and money but also helps to increase productivity and in turn profits for the capitalists which are the end-goal in the era of capitalism.

Blockchains are also referred to as ‘Smart Contracts’, Improvement in the enforcement of the contracts through blockchain is paramount. The contract is automatically enforced and since it requires the approval of all participants the rate of default is almost negligible. Failure to comply with the contract will lead to confiscation of the payment. Replacing the traditional methods of the contract the blockchain sets accountability into motion.

The majority of business houses rely on high technology in their operations given the value it adds to in terms of increasing efficiency and productivity. Cybercrimes are commonplace today and lead to a substantial loss of data and money given the importance of the data in the contemporary. Given the decentralized structure of storage in Blockchain, it provides a more reliable method of holding and securing important data. The information is stored in decentralized fragments making it hard to trace and hack.

Conclusion

With the emergence of cryptocurrencies and the revolutionary changes in the business landscape, the blockchain technology seems to be adding value everywhere given its decentralized and transparent functioning. The blockchain economy emphasizes on creating a more robust network and removing the arbitragers in majority segments who do not hold any intrinsic value but are only functioning due to the informational arbitrage in the economy. The technology also improves security and aims to reduce the cases of cyber crimes given its decentralized ledger construct.

How To Learn Blockchain Programming In Tandem With Game Development?

 

People have started connecting blockchains with financial transactions, cryptocurrencies and now the era of game development. Let us explore how you can benefit from a Learn Blockchain program.

What are the Blockchain Games?

A Learn Blockchain program is essential to understanding the gaming platforms working. Gaming platforms run on closed loops of data and development since no one else should create newer versions of it. Blockchains are innately made for this very purpose of reusing the data assets through smart contracts thereby providing for reuse and analysis of the data stored on them.

Blockchain games are distributed among ‘players’ and are digital goods that are decentralized. Depending on the platform used they use their own tokens or the tokens of the hosting platform. Ex: ‘ether’ on the Etheruem platform.

Key Concepts:

The terms make use of the blockchain features as applied to the gaming field.

Game theory: Blockchains run on network design and game theory. The game theory according to Wikipedia, studies the math models of interactions between sets of decision-makers who are rational. It was used for zero-sum games meaning one person’s win is the loss of the other players. It is widely used in CS, social science and logic applications. A good example of the zero-sum game is Fomo3D.

Tokenomics: Tokenomics makes sets of different groups with a common interest on a platform or network governed by various features of game theory. The tokens are used to incentivize and create new digital assets in a blockchain game. Tokenomics is exclusive to blockchain platforms and is not used on other platforms for gaming.

Decentralization: Since the coding on blockchain games can be studied and analyzed easily a lot of transparency is brought in. Further, the outcome of the game is not controlled. When developers update or try to alter the game which is not endorsed by the community of players, a forked version can be built from the game.

Potential benefits:

Blockchain games can have many potential applications in the gaming industry as proven by the number of successful ones.

The major benefits of blockchains are that they enable

1- Reusable Assets:

PUBG and such game-collectibles and accessories cannot be used outside the game as on desktops, mobile, and other games. However, the blockchain ecosystem is an open distributed platform using tokens. Marketplaces like Opensea and Rarebits now allow you to trade, buy or sell these collectibles of gaming. Thus a whole new field of economics opens up.

2- Transparent incentives:

Blockchains incentives are verifiable open and involve real-world incentives. The network verifies the game and hence no scams and Ponzi’s can flourish. Today you can play and earn money because of this inbuilt incentive feature and this has spawned many more blockchain games.

3-Aligned interests:

The players and developers interests are on the same team. Since developers cannot change the game without community approval, it is trust-based and difficult to make money by exploiting users unfairly.

4- Unstoppable Games:

Games that run on centralized servers can easily be closed down citing various problems. This problem is effectively prevented in Blockchain games since the community of players can fork versions of the game from the change on the blockchain.

5-Low-cost Migration:

A smart contract allows for low-cost migration. When the game rules are to be updated, a sub-contract can be used. Data is stored on a different contract and hence the parameters and behavior need not be changed.

Limitations to Blockchain games:

UX and Scaling:

The multiplayer Ethereum game has significant 15 tx/sec limit. Projects like Loom Network and POA Network are trying to resolve the scaling issues. Hybrids like Gods Unchained are also affected by scalability issues. The first UX game Cryptokitties cashed in on its best feature namely UX. One will have to Learn Blockchain to better the integration, competition and UX with other game-platforms.

Talent shortage:

The ecosystem lacks professional developers, gamers and standardized training to meet the shortage. Currently, ethereum’s community is the largest. The demand for professionals is high and very obviously the payouts can be fantastic!

Concluding notes:

Learn Blockchain games before they get mass adopted. As scaling improves developers are building blockchain games like TRON, EOS, etc. Decentraland shortly plans to build a virtual world of blockchain assets offering better reusable assets, incentives and transaction rates.

Start your Learn Blockchain Course today at Imarticus Learning Academy to make a bright future in gaming-related blockchains.

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.

Is Mathematics Required To Implement Blockchain Solutions in Business?

Yes, the good mathematical ability will be required if you intend to implement blockchains in business. Especially when you are a data analyst, ML programmer or in the finance areas of the business. And, it isn’t just data that increases by the minute. With the phenomenal growth and use of data analytics and the technology for it, the demand for education and training is certainly also increasing every minute. So are the jobs and demand for trained professionals.
Data is today’s gold in businesses. Blockchains use the scrutiny of information to analyze data using various techniques and tools. The results that the data analysts derive from the data available are used by their employers or clients to make informed decisions. So also programmers, algorithm writers, architects and engineers in blockchain technology all use data, databases from various sources, and the principles of analytics which include mathematics, probability, SQL, and such concepts for making predictions and gaining insights from data. Thus, one will need mathematics to gain Blockchain certification and understand how the blockchain technology works.
The blockchain technology with its root in cryptocurrencies forerunner Bitcoin is one of the innovations that have 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!
Let’s explore what you need to scale a blockchain solution. Doing your Blockchain certification 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.
The skills needed for blockchain experts:
To be successful as blockchain implementer you will need the following skills:
Excellent mathematical ability: Your comfort levels should include statistics, algebra, calculus, financial formulae and the techniques of data analysis.
Knowledge of financial concepts: Solving of logic, business problems and transactions on blockchains will need the ability to resolve common transaction problems like interest calculations, depreciation, compound interest, statistical concepts like mode, mean, median, averages, etc.
Presentation skills: To make your presentations understandable you will need a good working knowledge of Microsoft Excel, the use of graphs, charts, tables and more. This is important as not all people will understand your inferences without good presentation skills.
Programming languages: Most applications use Javascript (including Java, JavaScript ES6, JSON), Golang, R, Python and the C suite for blockchains and apps. You need proficiency in programming languages like C, C#, R, Java, Python, MATLAB, PHP, etc to manipulate and effectively use data. The more the languages you learn the better.
Data cleaning, manipulation, analysis, and management: Data scientists and analysts will score if they have the ability to handle languages like HIVE, SQL, NoSQL, HyperLedger Fabric and such languages. Queries and requests are important aspects of data manipulation and hence popular tools like Cognos, SAS, Microsoft Power BI, Oracle Visual Analyzer, Tableau, Simplicity, Serpent, Solidity, Go, Rust and more are best learned to handle blockchain implementation.
Great domain knowledge and interpersonal skills: A good implementer has to excel at interpersonal skills to be able to achieve blockchain scalability. It needs team efforts, good management skills, and the ability to be able to accept feedback as no standard procedures may be present in the emerging field of blockchains. Collaboration, Communication, and Contribution are the three C’s to success!
The top blockchain jobs:
According to Glassdoor statistics, the career choices available specifically in blockchains where the Blockchain certification counts are those of the

  • Developer
  • Architects
  • Blockchain Engineers
  • Certified educators
  • Consultants
  • Market Research
  • Sales Officers
  • Logistics Officers

Blockchain technology benefits:
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.
Key Takeaways:
Blockchain certification is the way to go, to land a career in the evolving and emerging field of blockchain applications across all verticals. 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. The high demand for professionals with professional certifications makes blockchains an excellent career choice. The industry is in dire need of professional accountants, managers, analysts, developers, programmers and such to grow and realize its potential.
Start your Imarticus Blockchain course today! Also for more details, you can also search for – Imarticus Learning and can drop your query by filling up a simple form from the site or can 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.

How is The Ethereum Blockchain Different From The Bitcoin Blockchain?

How is The Ethereum Blockchain Different From The Bitcoin Blockchain?

You don’t need to attend a blockchain training or fintech course to have heard the names Ethereum and Bitcoin. These two names are very familiar to anyone who has been observing the blockchain and Fintech technology. Even though these two cryptocurrencies are based on the blockchain, there are few fundamental differences between them. This article will shed some lights on the specifics of each blockchain and show you what makes them different.
 Bitcoin: The Uncensored Money
The Bitcoin was invented by Satoshi Nakamoto in 2009. The primary objective of Bitcoin was to provide a peer-to-peer electronic cash system which will replace the traditional banking system. As a part of making things simple, the bitcoin’s protocol or Bitcoin’s blockchain was made just well enough and perfect to store, handle and perform transactions. Basically, this Bitcoin blockchain is a worldwide shared ledger that ensures easy transfer of value in the form of bitcoins. It means, unlike the traditional money, you can skip the part of seeking permission from banks or governments for sending money to anywhere in the world.
There are thousands of bitcoin nodes on the bitcoin’s blockchain that are able to verify the legitimacy of each payment. They eliminate the need for any third party in transactions. In simpler words, this blockchain doesn’t care who is making the transaction. It doesn’t care even if you are human or machine.
Ethereum: Not Just Money
In Ethereum, the blockchain technology or the Fintech courses is utilized to create applications beyond just supporting a digital currency.  Even though you can transfer value through it, Ethereum is not purely digital money. Ethereum can carry out transactions just as Bitcoin’s blockchain, but it is not limited to that. The primary difference between these two blockchains is Ethereum’s ability to store and execute newly coded programming logic. Using this facility, you can create smart contracts and DApps in Ethereum.
A smart contract is a computerized transaction protocol that takes place in terms of a predefined contract. In simpler terms, a smart contract executes “if-this-then-that” condition coded on to it. You can use Ethereum’s native programming language, Solidity to write smart contracts that are completely decentralized. You can eliminate the escrow services and intermediaries through this. Some of these intermediaries are Uber, freelancing platforms like Upwork, Airbnb, OYO, and eBay. Due to this facility, Etherum is also known as programmable money.
In other words, we can call Euthereum as a decentralized programmable blockchain-based software platform. To enable value transaction, a cryptocurrency named Ether is employed in this system.
Conclusion
So, now we understand that Ethereum is an advanced use of the blockchain. The bitcoin also uses blockchain technology but these two are never in competition with each other. In a general point of view, the purposes of these two blockchains are completely different. They can coexist and find solutions for many problems we are facing today. However, reports are suggesting that Bitcoin is developing other capabilities of Ethereum. When that finally happens, the comparison between them could be more competitive.