How Could Blockchain Disrupt The ‘Big Data’ Industry And Its Analytics?

How Could Blockchain Disrupt The ‘Big Data’ Industry And Its Analytics?

According to Glassdoor reports, the annual jump in recruitments for blockchain jobs 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!. The potential of blockchain technology to transform and disrupt any vertical using big data analytics has thrown up burgeoning demand for professionally trained personnel to man the growth.

The demand has outstripped the supply of Blockchain training-equipped professionalsEssentially, 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. The increase in demand for professionals is expected to last over the next two decades.

Sectors that benefit:

Let us explore how some fields dependent on big-data analytics can benefit from blockchain technology.

Data Backup: The blockchain is very effective in storing data in every block of the chain enabling tracing its source block possible. Data can never be deleted or altered without more than half the community agreeing to the changes.

Payment Processing: An infrastructure which is blockchain-based enables cross-border payments at remote locations instantly with immutable consensual digital records of time-stamped secure transactions.

Hiring, Logistics, Payroll, Marketing, and Supply-chain Processes: Switching to blockchains makes organizational processes verifiable and almost error-free and requires 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.

Election Processes: The adoption of blockchain-tech can resolve issues of privacy, royalty, and rights in this and areas like media, entertainment, etc, making the authentication and reward for creativity process transparent and sans intermediaries.

Smart Contracts in 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.

The Banking and Financial Processes: Blockchains offer safe, transparent and instant digital transactions with low fees as against traditional transactional methods.

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.

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

Skills required:

Most applications in Blockchain training today are Python, Golang and JavaScript based. The trending tools, languages and technological suites required for a career in the blockchain technology field 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 training is the way to go, to land a career in the evolving and emerging field of blockchain applications across all verticals.

Key Takeaways:

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.

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 the big-data analytics fields and verticals involved. The high demand for professionals with professional Blockchain training 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.

At Imarticus Learning, this promising technology can disrupt your career and land you a well-paying job with growth and good pay packages. Start your Imarticus Blockchain training today!

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

How Can Blockchain Be Used In Healthcare?

How Can Blockchain Be Used In Healthcare?

Blockchain is a futuristic and effective technology, especially for the healthcare segment where it can work wonders with the data. It is a reliable and secure method of storing, sharing, and recording sensitive healthcare record-keeping and data stored permanently. Blockchains are immutable, decentralized, transparent and verifiable means of using data through smart contracts. The digital protection is HIPAA compliant and trustworthy for caregivers.

Advantages of Blockchain for Health Data

The blockchains bring in huge benefits to the healthcare segment. The age of blockchains has arrived and let us sees how they can make a difference.

Citing a survey by Hyperledger 42.9 percent agree that the interoperability of health records electronically will see quick blockchain implementation. About 28.6 percent were open to adopting the blockchain technology immediately. Making a Blockchain career currently does make logical sense since the demand for professionals is there and the payouts are wickedly handsome.

A. Data Provenance and Integrity

Data is increasing and so are the numbers for patients. Maintaining their records is a must for healthcare providers and the process needs to be secure and confidential in spite of the increasing volumes which makes it an uphill task for clinics, hospitals and healthcare professionals.

Such high integrity and provenance data are

· PHI or health information of patients.

· Health records and electronic reports.

· IoT devices data and monitoring systems information.

· Claims for medical insurance.

Sharing of verifiable untampered documentation can reduce the costs to patients in healthcare while ensuring that medical professionals verify and time stamp such documents.

The blockchain technology finds use in: 

  • Verification of PHI records and its integrity;
  • Executing unchangeable reduced-cost audits both medical and pharmaceutical.
  • Validating the integrity of tests and clinical research·
  • Helping with stocks, inventories and record-keeping transparency.
  • Ensuring compliance and HIPAA regulatory compliance.
  • Providing permanent data storage and data safety.

B. More Secure Standards:

Besides encryption blockchains provide data security and permanent storage. The technology allows for the state-of-the-art implementation of highly standardized techniques in record-keeping, maintaining inventories, handling test and investigative records, managing insurance claims and more.

It excludes any intermediary in data sharing, has a transparent open, shareable, and distributed ledger, uses time-stamped, verified hashtag-crypto-encryption and maintains the data on an immutable data block on the blockchain.

when using blockchain. Such consortiums as help increase awareness of the advantages of cryptography and further explain how to use blockchain in healthcare.

Citing the Hyperledger survey medical organizations hesitate to use blockchain technology because of lack of awareness and proper Blockchain career training.

Their assumptions are reflected in where they think blockchains have proof-hurdles to implementation.

·65.4 percent felt PoC issues were needed with technical proof.

·38.5 percent claimed security proof was needed.

·55.2 percent felt the proof of transparency was crucial.

·34.6 percent felt more privacy proof was required.

·23.1 percent claimed it needed regulatory approval.

C. Data Transparency:

Blockchains by design provide the fastest, most secure and transparent way of maintaining data permanently. Besides they do offer provenance, data integrity, lack of intermediaries, are totally decentralized and have a public single distributed ledger that is untameable currently.

Usages of blockchain technology in healthcare: 

Quoting Hyperledger’s data, 377.9 per cent of the health professionals felt blockchains will be implemented in the next five years. Blockchains in healthcare will see usage in the areas of

  • Healthcare Collaboration.
  • Tracing counterfeit drugs.
  • Clinical trials data security.
  • Efficient management of records and patient data management.
  • Reducing unnecessary investigative procedures through time-stamped test results.
  • Blockchain career training for paramedics and medical professionals.
  • Maintaining large databases of patient-records permanently.

Conclusions:

Blockchains are popular in almost all verticals inclusive of the healthcare segment. Medical firms and organizations are slow and hesitant to venture into scaling their IT systems. But many startups are mushrooming and here’s a short list of them.

Blockchain startups in the healthcare sector:

·Guardtime keeps healthcare records and secures patient records.

·Gem Health promotes healthcare collaboration.

·Cyph builds digital identities that are secure for protected communications in healthcare.

·MedRec helps secure medical records.

·Blockchain Health is being used for medical management research.

In parting, if you wish to learn more about blockchains in the health segment try the Data Analytics or Blockchain training at Imarticus Learning Institute. The field is lucrative and the demand for professionals is very high. Start today!

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

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.

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.

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.

What Are Evolution of Fintech or Financial Technology?

 

Technology and Finance have gone together for time immemorial. Initially, it was about making and maintaining records of financial transactions and later the introduction of coins, paper currency and promissory notes in the early 19th century. In modern times and about a decade ago Fin and Tech have got amalgamated into the era of fintech.

The early internet age:

Did you know that Fintech Courses teach you that the past 5 years cable under the seas far exceeds the cable network over the last 150 years since data and volumes of traffic have increased immensely? The first under-sea trans-Atlantic telegraphic cable fondly called Victorian internet-connected North America to West Europe and was in use since 1867. Financial markets at New York could connect to London, Asian markets, Europe, etc with its expansion. Forex references to GBPUSD also call this the cable-pair as most transactions were between the USD and GBP.

The laying of cabling infrastructure helped globalization and financial interactions between the period from inception in 1867 to 1914. The outbreak of WWI, the 1929 stock market crash and the Great Depression led to the slowing of the markets for over 25 years. During WWII codes and code-breakers were developed by the Germans and Britishers respectively. Communications in those days were through codes and set the initial foundation stone for coding. Just look at the German encoder shown below! It was the ability to build the decoders that leaked the German communications that led to an inversion of fates and an early end to WWII.

The ATM and calculator era:

The second phase of fintech began in 1967 with the digitization of analog to digital systems. It was also the beginning of RegTEch and early use of Fintech in development. The first ATM machine placed in the UK in Barclay’s Bank was the introduction and initiation of fintech. With more machines being made available the way people transacted and their relations with technology and finance changes irreversibly. Soon we saw the introduction of computing power in the TT 2500 DataMath hand-held calculator from Texas Instruments. This slowly evolved into today’s smartphones.

The electronic age:

The period between1970-80 saw the introduction of banking SWIFT codes and payment systems both international and domestic in 1973. SWIFT-(Society For Worldwide Interbank Financial Telecommunications) with its HQ in Belgium covered over 15 major countries and 239 banks. Today it is a portal for financial communication with 11,000 institutions and is the global payment system portal for financial communications. Between the ’70s and ’80s emerged NASDAQ the stock exchange with almost no human interference. The launch of the internet in the late ’80s saw internet banking and brought smart mobile phones into the hands of the common man.

Stock markets and payment systems: 

1999 saw .coms start and soon end. The 2008 financial crash brought into the limelight the distrust of customers and the start of the blockchain technology and cryptocurrencies. It also saw Siri, Google, Amazon, etc enter the digital assistant and payments platforms to revolutionize the financial scenario. Alongside e-commerce platforms emerged like TenCents, Alibaba and many others who all cashed in on the immense benefits of being early fintech players who have nearly replaced the way we shop, transact and buy things.

The present scenario: 

With the advent of smartphones, data analytics and the startup revolution Fintech post the 2008 financial meltdown emerged with blockchain technology being touted as the next big technological breakthrough. Blockchains have the potential to transform and disrupt the industrial scenario with cryptos, eCommerce platforms and digital currencies taking over. P2P lending, crowd-funding, angel investors and a complete transparent digital financial world is where we definitely are headed to.

Conclusion:

The evolution of fintech has been gradual and over the last decade, fintech is set to transform and disrupt many an industry. This makes the demand for personnel high and scope for jobs huge. Payments are also good and it makes a wise choice as a career. The fintech industry needs a large number of qualified personnel and is set to grow rapidly with even governmental policies promoting its growth. Incubators, startup hubs and integration of technology into all streams of life is the new mantra.

Do your Fintech courses at Imarticus Learning to get the ideal launch with assured placements. 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, Banglore, Gurgaon, and Ahmedabad.

How is The Ethereum Blockchain Different From The Bitcoin Blockchain?

 

The Ethereum and Bitcoin blockchains are superficially the same, in that, both cryptocurrencies use blockchain technology and are the most popularly known cryptos of the 20th century. A bit of learning at any reputed institute for Fintech Training will be able to explain the differences in the blockchains. That’s what we will explore in the next few paragraphs.

The basics of blockchains:

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

  • The data ledgers are cryptography protected and contain hashtag functions from the previous block. This information is verified to complete the cryptography transactional process.
  • The blockchain data structure is contained in the app-end and causes the data to be immutable, and impossible to delete or alter.
  • The peer network has all transactions on the blockchain over all the interconnected computers thus decentralizing the system.
  • User-authentication and verification, use 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 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.

How the blockchains differ:

2009 saw Satoshi Nakamoto invent the Bitcoin as a peer-to-peer cash system which works electronically and replaces the older inefficient banking system. The protocol or Bitcoin’s blockchain was a perfectly transparent financial transaction where data was stored in blocks and interlocked together by hashtags and cryptography.

Since each block carries the signature of hashtags of the previous block, the resultant blockchain is immutable, needs verification across all nodes and works only on authentication. All this, at literally zero fees! The record of transactions can be traced back to the source and all along the chain. The distributed and decentralized system is peer-to-peer, secure and sans any intermediary.

Use of Bitcoins became the way to avoid those bank fees and lengthy authorization processes when transacting. One could avail Fintech Training and use the Bitcoin instead of paper-money and send money across to remote places in completely secure transactions with the click of a mouse. Bitcoins don’t care who is transacting and how much. It could even be used by AI-enabled machines or robots! Bitcoin is uncensored digital money worth its weight in gold!

In contrast, Ethereum blockchains go beyond just being a peer-to-peer blockchain payment transacting platform. Ethereum’s blockchain can do more and uses its platform to create smart contracts and DApps which execute and store the logic coded for creating them. The fintech training partner the Ethereum platform can transfer and supports the digital currency and DApps. Ethereum can also execute the smart contract using the “if-this-then-that” coded logic and condition coded in its blockchain.

In its functioning, one can use the Ethereum crypto, digital wallets, the native programming language, smart contracts enabled by Solidify and more. Thus bank fees, escrows, and intermediary agencies can be totally avoided. Some of the examples are Airbnb, eBay, OYO, Upwork, and Uber. Hence Ethereum is programmable money!

Parting notes:

Bitcoin platform and the Ethereum Blockchain are not in competition and are designed for different purposes. It is rumored that Bitcoin will shortly be powered with the lightning network which when launched could bring in competition between the Bitcoin and Ethereum Blockchains and apps dependant on them. Till then both technologies work well for resolving modern complexities.

There are very many jobs on offer in the blockchain segment and these are well-paid too! It is a step in the right direction to make a career of Blockchains and fintech since they are growing and demand outstrips personnel supply. At Imarticus Learning the fintech training has an excellent course curriculum, assured placement, soft-skill and resume building module and an industrially well-accepted certification. Rush, since admissions are limited!

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, Hyderabad, Delhi, Gurgaon, and Ahmedabad.