Contact Us
×

Tag: Blockchain

What is Job Description to Work in Fintech and What Are The Skills Required?

Posted on by Imarticus Learning
Reading Time: 2 minutes

One of the latest and fast-growing sectors is the fintech industry. Fintech means a combination of finance and technology. Ideally, this combination has set high standards in the field of employment as the need for upscale finance, and technological intelligence is undeniably high.

There is a place for people with different expertise in the field of finance and technology together, and the job description is as under: 

The core positions in fintech require people who have expertise in technology. Someone who is well-versed with Artificial Programming Interface has a better future in fintech. Developers of operating systems like Android and IOS have the opportunity to be app developers for fintech companies.

People who have enhanced their skills with User Interface also have jobs in fintech where they may need to develop a user-friendly and intuitive online banking experience for users. Such tasks are highly challenging and competitive in the fintech sector.

Customer support is also a need for the fintech sector, which requires people with good language proficiency and patience to handle thousands of customers per day. Online customer service can be made more compromisingly by joining as customer support to manage the chatbots online.

Product managers who can efficiently understand the need of the customers are essential skills for Fintech firms to stay disruptive.

Certain skills required in the Fintech sector
Fintech firms recruit people with skills such as Java. Without the knowledge of Java developers in investment banking will have no meaning. Java is the most preferred skill, J2EE is also needed for various tasks in a bank.

If you are interested in working in banking technology then learning Java is mandatory. Joining various Fintech Certification Courses will also help you enhance your skills and knowledge of the latest technology and financial disciplines.

One of the topmost desired skills is to be a business analyst. Banks are looking to implement new projects with new dimensions and strategies to reach out to more customers. Business analysts in the fintech sector can earn well if they have the future vision and understanding of tech projects. Business analysts should have different soft skills like the ability to see the disruption behind the potential investment of the firm and so on.

Being equipped with the knowledge of C sharp is quintessential for partnering with the developers in banking technology. Python is the latest skill that has made its mark in fintech. Python has become the mainstream for various projects in the financial sector of fintech.

Good communication is vital to stay in the fintech firms as you may have to show your communication skills both internally and externally. Having the skills of problem-solving during crises and the ability to build team spirits are characterized as the essential skills for every fintech job.

Conclusion

The Fintech sector has different career options and opportunities to explore. The flourishing fintech sector does not end opportunities for people in the banking sector. The members of fintech firms are usually agile and work as a cross-functional team instead of a traditional hierarchy of the business.

What is Blockchain Training?

Posted on by Imarticus Learning
Reading Time: 4 minutes

The technological advancements contributed by blockchains has led from the front to ensure swift changes in coding, cryptography and programming languages. Today’s industries need to keep up with the rapid strides, trends, and pace of technology.

This drives the demand for fast-adapting global business employees, experts, and professionals who need to equip themselves with state-of-art advanced courses and training to be more marketable, competitive and eligible.

The blockchain technology over the last decade has left a massive impact on all secure and transparent financial transactions and secure record-keeping including healthcare, public sector, real estate, and financial services to name just a few.

What is blockchain technology? 

A blockchain comprises of a chained block listing connected to each other through cryptography codes. The demand for blockchain experts is already at a high and is growing drastically by the moment as this technology has the potential and is widely believed to be reliable, secure and unbiased. Thus many blockchain training institutes and academies have mushroomed over the last few years.

The incessantly increasing demand for blockchain professionals guarantees great salary packages and quick career advancement for blockchain developers in the IT industry.

Cryptocurrency based blockchain technology evolving from the BitCoin technology uses hashtags and math problems encoded in every block of the blockchain. By embedding a part of the previous block’s code in every new block every transaction and block addition is verified across several interconnected nodes of PC’s which form a vigilant distributed network.

Every node verifies the transaction by providing the right solution to the query raised and hence such transactions are irrefutable, immutable and absolutely secure with time-tags and encryption too.

Blockchains eliminate the intervention of mediators in the transaction like large institutions, Governments, etc thereby, making it an open-source network which is easy to access.

The Bitcoin is the earliest form of digital cryptocurrency or virtual cash that is most widely accepted and traded in with a uniform global value unlike the various paper and fiat currencies which depend on different prices as per different geographic locations.

The Ethereum is the second most well-known cryptocurrency using blockchain technology which allows its users to build their own wallets and smart contracts by making use of its network to avoid complex coding processes needed to enable the building of smart contracts.

Features of Blockchains:

Bitcoin currency has been traded in Forex markets in many countries for over a decade. Just as the paper currency system is managed by the reserve and federal banks in the country, the blockchain manages cryptocurrencies. The explorer of blockchains records and maintains all Bitcoin transactions in a digital ledger of transactions connected in the chain to a secure sequence of hashtags.

Here are the important protocol and rules of the Bitcoin method, network, and blockchain.

  • Data is permanently stored: The software-based cryptocurrency is stored digitally and recorded making it difficult to dispute transactions in the wallet or account. Thus no unaccounted transactions and currency are present in the system.
  • Code rules all transactions: The blockchain is based and governed by its coding. Once recorded it cannot be changed or tampered with. Also, the digital records are available to the public and thus ensure a safe, immutable, recorded transaction.
  • No governmental, legal or regulatory involvement exists: The Bitcoin is devoid of third-party interference. It is a decentralized platform to ensure secure transactions digitally. When using the Bitcoin platform, currency or transactions ensure you get legal guidance.
  • The digital wallet has enhanced security and can be password protected: The wallet can store your keys and currencies securely and with encryption on hard drives, computer etc. It is best stored on a separate device to continue access even when your computer fails.
  • Access is only through your private key: The encrypted key is the only way to log in. Keep a backup of it safe and never lose it. If you do lose the key nothing helps as the blockchain recognizes only the key. You could lose your currency if you lose your key. Beware!
  • Use a reliable currency exchange platform: This protocol is essential to prevent hackers from gaining control to your information, currency and account. Though the system is encrypted and secure transactions are ensured, be careful to use a reliable platform for currency exchange, buying or selling Bitcoins.
  • Double check receiver address: Ensure receiver address as in a digital and decentralized system once you transfer to a wrong party there can be no charge-backs or support interventions.

Skills that can be acquired:

Blockchain training covers various topics embracing the core concepts in blockchain technology. The top-performing cryptocurrencies like Ethereum, Bitcoin and multichain scenarios are envisaged and explained.

The core meaning of blockchain and its associated concepts are well-explained in blockchain training. Proper blockchain training provides an in-depth grasp about what the Bitcoin is about and how it works while connecting its users. It also enlightens one about the knowledge of how Etehreum’s platform is used for building smart contracts easily. Real-world blockchain scenarios are used to throw light on the concepts and future applications based on such concepts.

A comprehensive understanding of blockchain and the technologies involved therein can only be achieved by doing a course from bankable institutes like Imarticus. Undertaking a Blockchain Training program has become quintessential for freshers, software professionals like team leads, project managers, technology architects, and business analysts.

Considering the opportunities that await a person well-versed in blockchain technology, it is always a good choice to take up such courses at a reputed institute like Imarticus Learning and add the feather of blockchain certification to your career cap.

Conclusion:
The growth of Blockchain training online and its impact on various industries has led to an estimated 18% of world GDP through blockchain technologies. Once you master the fundamentals you will learn all about the hyper ledger, blockchain multi-chains, coding, cryptography, and smart contracts.

Easy understanding of the mechanism behind the top performing cryptocurrencies like Bitcoin and Ethreum is also interpreted well in the blockchain training. As part of futuristic and new-age tech courses, the Blockchain technology training at Imarticus Learning also called the Fintech pro degree and blockchain training is sure to be profitable and a good career choice.

Entrepreneurial Opportunities for Blockchains Outside Fintech

Posted on by Imarticus Learning
Reading Time: 2 minutes

Entrepreneurial Opportunities for Blockchains Outside Fintech

Blockchain technology revolutionized the banking world and financial transactions. It is rightly the buzzword in modern technology and touted as the backbone of the evolving fintech industry. However, blockchain technology was quickly adopted by banking, financial institutions etc. We shall look for the not-so-commonly known applications that the technology is being used for and is sure to transform. Such potential for transparency, security, and innovative access and storage has made it the brightest star in the technological world. And this throws up some very interesting entrepreneurial opportunities that are worth exploring and adopting.

Business Opportunities

The blockchain adaptations to technology are rising by the minute! Some of them are

Banking Sector

Now that the field is cleared of doubts with Wall Street and major banks cashing in on blockchain technology, there is tremendous potential for financial solutions offered to banks, financial and NBFCs, as well as individual clients.

Smart Contracts:

Some areas where smart contracts are secure, scalable and flexibly used are

  • Automation of distributions of Royalty in the movies, publishing and entertainment industry.
  • Maintaining and accessing medical records through smart contracts.
  • Scheduling and running of public transportation based on rules which are pre-programmed.
  • Transfer and management of property records.
  • Loan processing can be automated.

Connected Car

  • Task automation in supply-chain management
  • The facilitating, transport, encryption, distribution, storage and more of the Big Data of connected cars
  • Cloud servers, hosting, OEM services, and service providers of these services
  • Location tracking, maintenance, vehicle location, and automated operation of vehicles
  • Cybersecurity for V2I and V2V data

Food Safety

Blockchain business opportunities in the food industry are many for predicting and detecting failures in compliance, risk management, and reporting applications

Healthcare

Record maintenance, surgical records, and results, security of health records are some areas that have scope.

Internet of Things (IoT)

The Internet of Things technology has taken over nearly all fields. Blockchain technology can make the service of IoT more secure, safe and fast. Ex: Solar energy cooperatives, trust and verification services, smart city IoT processes, law enforcement tracking solutions and many more.

Passports and Visas

The advantages of a blockchain-based passport or visa can reduce wait times, implement alerts immediately, reduce check-in formalities and verification, and track information across a very large database. Opportunities exist in the digitization of passports and visas.

Wills and Marriage Certificates

Issue and recording of marriages, wills, property documents and the issue of documentation will present opportunities here.

Insurance Sector:

Opportunities will be in

  • Simple processing.
  • Time efficiency.
  • Improved efficiency and risk management mean reduced premiums.
  • Detection of Fraud
  • Records and disbursements with a record of history.

Food Safety

Blockchain business opportunities in the food industry are many for predicting and detecting failures in compliance, risk management, and reporting applications.
Fintech courses India-based consultancy and learning can help you encase the entrepreneur in you. These courses offer a good grasp of fundamentals, concepts, theoretical knowledge, practical skills and certifications that could help enhance your resume and career. They also offer boot camps, short-term workshops, and basic knowledge of technical skills oriented for Fintech industries placements. Certification helps. But, you need to be an excellent communicator and work diligently to acquire the best analytical, technical and business skills crucial to your job role. Another advantage of such courses is of mentoring by certified and experienced industry aces that helps garner the latest best practices, techniques, skills, and practice on the latest trending technologies in the field of investment banking, financial courses and more.

How To Get Certified in Blockchain Technology?

Posted on by Imarticus Learning
Reading Time: 2 minutes

How To Get Certified in Blockchain Technology?

Emerging tech blockchain is the star today in many industries. Due to the high demand for professionals who know blockchain, it is a good idea to get trained and certified in blockchain. A few years ago, jobs in the financial market were limited to the traditional set-ups of the organisation. You could be a banker but not a technologist. Today, the digital revolution has created an abundance of jobs of different kinds across various industries.

Programmers who are trained in artificial intelligence, machine learning and blockchain technology are in high demand. This is strictly not restricted only to tech companies. Many organisations are investing to have their employees trained in fintech as they can prepare their workforce for the future.
Blockchain has applications across industries apart from banking and fintech. Healthcare industry uses blockchain to manage patient records, similarly retail uses blockchain for supply chain management. It has revolutionized many industries and is a game changer.
So, what is blockchain? The blockchain is simply a block of transactions that are assembled in a chain. Usually, every block is a transaction, and it is validated with a time-stamp. It is near impossible to tamper with this digital ledger. It also reduces human error and leaves the data immutable.
Here are a few things you should know if you are planning to get certified in blockchain technology.
Only engineers can certify
 Emerging tech is easy to learn, and you do not need to have a qualification in engineering to pursue a course in the same. While it takes focus and discipline to do a fintech certification course, it is not impossible if you do not have a traditional engineering background. Many learning institutions offer professional certification online for blockchain, AI and machine learning without any pre-requisites.
Jobs are restricted
 Due to digitisation, every organisation irrespective of the industry has adopted blockchain. As the application of the framework is simple, it has wide benefits across administrative, logistical spaces. The blockchain is a digital ledger that keeps track of all transactions and payments. Therefore, the traditional role of a ledger and bookkeeper has now moved to those who maintain this in a bank. Job opportunities are plenty and lucrative for those who are trained in blockchain.
Blockchain is illegal
Blockchain is neither free nor illegal. Technology is the backbone of digital transactions, and thereby there is a fear that it is not secure and illegal. However, most banks today are using blockchain to maintain a decentralized database of the ledger and for applications in customer management and database management. Getting certified in one of the biggest technology trends in the world is a good idea from an employability perspective.
Today many companies are quickly adopting emerging tech such as blockchain. This creates a vast amount of opportunity for those who are skilled in managing the technology to derive insights which help businesses make strategic decisions. An ascending career trajectory is guaranteed for those who are certified professionals.

Which Courses To Take If You Are Considering Fintech as a Career Option?

Posted on by Imarticus Learning
Reading Time: 2 minutes

 

Which Courses To Take If You Are Considering Fintech as a Career Option?

Fintech is the morphing of Technology and Finance. The emergence of this sector has seen a revolution in the way financial transactions are being made. Blockchain technology which spurred the growth of the fintech industry is today adopted in almost every conceivable sphere of activity. Fintech combines the offering of financial solutions through the use of innovative technology like the blockchain, IoT, AI, and AR among many others.

Fintech is truly an innovation of a disruption in startups. It has brought to us Crowdfunding, Cryptocurrencies, New-age modern banks, Money Management Tools, and Lending Services Peer-To-Peer, amongst others. With such growth obviously the sector needs people who can help it grow. Demand has gone through the roof and supply is hard to find. Yes, this means payouts and salaries are high. No wonder everyone wants to join the fintech sector. 

Consider a career in Fintech
Certification in Fintech is an excellent idea as the industry is new and demand is high. The certification validates your skills and experiences to dive into the fintech world. For earning such certification, you will need to take up a good course like the Imarticus’ Fintech Pro degree. 

The Fintech courses offer a good grasp of basics, concepts, theoretical knowledge, practical skills and certifications that could help enhance your resume and career. They also offer boot camps, short term workshops, and knowledge valuable to enter the industry. Another advantage in such a course is of mentoring by certified and experienced industry aces that helps garner the latest best practices, techniques, skills, and practice on the latest trending technologies in the Fintech industry.

While certification helps you become an excellent communicator and work diligently to acquire the best analytical and business skills. You will need a basic degree in technology, finance or Management. Besides, technical skills in DevOps, IoT, Python, Machine Learning, Big Data, and Hadoop will definitely help.

Where the jobs are:
The Fintech industry badly needs personnel in
• Blockchain Technology
• Digital Payments
• Big Data handling
• Digital Wealth Management
• Analytics Solutions

Job roles available and in demand are for: 
• Project Managers
• Data management experts
• Sales
• HR
• Financial experts in various fields like equity funding, debt capital markets etc.

Non-transferable skills will need to be developed and aligned with the enterprise’s needs. You must have the following traits.
1. Interpersonal Communication skills
2. Ability to solve problems creatively.
3. Collaborative team skills
4. Ability to work with ambiguity, pressure, and demands from the startup environment.
5. Discipline and integrity since you will be working on financial transactions.
6. A good learner as there may be no SOPs.

Payouts: Definite standards in payouts are not present as of now. However, consider the fact that it is an emerging and rapidly developing sector. Demand for personnel drives larger payouts and growth of your career. According to reports on Glassdoor, the payments are very appreciative and second to very few.

Wrapping up:

The millennial babies will find excellent demand for them in the Fintech industries as digitized payments, services and technologies ensure an undying job market in the software, analytics, Machine Learning, Financial markets and services for the Fintech industry. Be prepared. Careers never happen by chance. They result from your choice!

Top 5 trends that are influencing Fintech Sector

Posted on by Imarticus Learning
Reading Time: 2 minutes

 

Blockchain is the buzz word which has been on everyone’s lips of late. So, what is blockchain and how has it reshaped different industries today? Is blockchain worth to implement?

Before fintech adoption took place in the banking industry, it was tedious and time-consuming to go to the bank for any work. Customers would fret at the thought of waiting in long queues at the bank and banks had to figure out a way to efficiently deliver superior customer experience.

Now since simple processes are automated and transactions occur daily online with no worry, a technological revolution is here, and it continues to evolve. Opportunities in fintech have grown drastically in the past decade due to artificial intelligence (AI), machine learning and blockchain, the trinity of emerging tech.

Here are the top growing trends in the fintech sector.

Blockchain

Blockchain is the foundation on which most fintech companies are built. Data management is a gigantic task for most organizations, and with blockchain, banks are able to manage large amounts of customer data and transactions in a secure manner. This also means the loan sanctions, application, and disbursement of the amount can happen instantly over the internet. Blockchain maintains a simple, centralized ledger which can be accessed by banks real-time.

Automation

Since machines now have the ability to quickly track, manage and manipulate data well, large organizations have automated most of their administrative processes. This means a significant cost reduction and optimum efficiency at all times. Once simple processes get automated due to AI and machine learning it becomes easier for banks to shift their focus on value services for higher customer experience.

Regulation and Laws in Fintech

Since all transactions are carried out remotely and online, there are hard rules and regulations that are in place to reduce financial crime. Due to the blockchain, financial institutions are able to manage their customer records well thereby reducing frauds and theft.

Digital First Bank

Back in the day, people used to visit banks for all activities and transactions. Today, you can conduct most of your transactions online in the comfort of your home. Anytime and anywhere banking is the norm. Fintech has enabled individuals’ payments anywhere, thereby the need for the physical location of banks have drastically diminished. Banks and financial institutions are also training their employees in Fintech training to ensure that they keep up with the changing dynamics of the industry

Data Lending and Data Management

Due to the advent of cloud, it is very easy to manage large amounts of structured and unstructured data on the cloud and collaborate for data management. Financial institutions are considering lending data to each other to reduce crime and evaluate credit score.

Blockchain, AI, machine learning, automation, and cloud computing have significantly impacted the Fintech industry both in terms of creation of jobs and opportunities to grow businesses. The banking institutions are relying heavily on fintech companies to reshape the way processes are carried out and drive optimization and create exponential value to customers.

Should You pursue a career in a hedge fund or a fintech startup?

Posted on by Imarticus Learning
Reading Time: 2 minutes

 

To answer this question, we must remember that the operational frames of banks, hedge funds, software companies, and financial consultancies differ greatly and impact the roles when working within areas like Big Data research, financial services, and sellable products. This affects the type of work done, the people they recruit and promote, and of course the opportunities they generate. Let us understand these choices a little better to decide based on a logical thought process. 

Hedge Funds:
 Hedge funds are research-based institutions. The aim here is to understand defined financial markets for a specific purpose at all levels micro, macro, micro, and nano. To provide the best solutions and financial strategy and make that into a sellable product for investors is the ultimate aim.

You will need to be good at figures, statistical analysis, mathematics and have great inquisitiveness, perception, and attention to details and figures if you want to excel in this field. The hedge funds pace is set by financial markets they research and operate in. Hence expect seasonality and waves of workflow intensity in this job role.

Banking sector:
 The banks service investors and institutions including the hedge funds. The focus areas are sales oriented and aggressively client dependent on customer services, rates of interest and user experiences.

Communicative skills, polish, suavity, thoroughness, and great presentation skills are crucial in the job roles in banks. Investment banking would provide a better concept and maturity in business-values if you have done market studies and research for a hedge fund. This role is a fusion of customer first and a thorough knowledge of financial analytics.

Fintech sector:
 A fintech startup cannot be compared to banks and hedge funds. The software industry is the link between fintech startups, hedge funds or banks. Their environments are incomparable and goals different. The fintech startup aims for traversing the startup phase, become a stellar successful software company and then think of its IPO or selling company shares.

Software firms:
 A software company, on the other hand, would be into developing marketable products and services and can connect to the financial sector, banks, hedge funds and fintech companies with its products. They should be classified as software engineering enterprises which require a mechanical and precise skill set.

The end products differ in each of the above. It would be best to make a career based on your aptitude for the end products in these sectors rather than look at the entire gamut of sectors as a viable career option. Here is some information that can enable a decision.

Industry payouts:
 The highest compensation can be expected from hedge funds. Banks offer reliability and advancement of career paths through their payouts are relatively fixed and lesser than in hedge funds. Fintech startups are very selective and offer high payouts for skilled persons. One must be highly trained and lucky to land jobs or make a paying career in Fintech startups.

There are very few large fintech companies offering huge payouts. Angel investors track many of the fintech startups and landing those super high payouts means working full time and more in the race to out-perform peers, make wise choices of investments, and having a great amount of luck.

What you need to do to decide your career path is to
 •Have the far-sight to go beyond the financial aspects.
•Study blockchain technology within the industries environments
•Learn more about specific teams and their functioning.
•Do fintech courses to equip yourself 

How did Fintech do in 2018 in India?

Posted on by Imarticus Learning

Reading Time: 2 minutesJust like the previous two years have been, 2018 was a big year for the Fintech industry in India. This sector has grown with a Compound Annual Growth Rate (CAGR) of 22%, which is about three times the GDP growth rate of the country, in the last year alone. The Fintech sector is one of the most rapidly changing sectors in the country today.

While it was somewhat dormant just a few years ago, the sudden drought in cash brought on by demonetization in November 2016 gave this industry a huge boost with the number of online transactions increasing exponentially by the day. As such, Fintech has been at the forefront of rapid economic growth in the last couple of years. Let us look at a few of the major developments that happened in the space in 2018:

  • The banning of Cryptocurrencies

The Reserve Bank of India shocked all of the cryptocurrency marketplaces in India with a sudden order banning all cryptocurrency transactions in India. This order banned all Indian banks from taking part in any transactions involving cryptocurrencies and dealing with firms who use them. This happened at a time when the value of cryptocurrencies was at a peak and disgruntled a lot of investors in India wishing to enter the space. However, this ban could not have come at a better time considering the fact that the cryptocurrency market decreased by half and lost almost $200 billion in value within the next two months.

  • The Growth in Mobile Wallets

In light of other direct payment options like UPI, the growth in transactions involving mobile wallets has gone down compared to last year. As such, these mobile wallet companies are adding new and more exciting features into their services and forging tie-ups with other service providers like e-commerce platforms and cab service providers to continue being relevant in the field. Many of them have also introduced UPI within their mobile wallets to make them more easy to use and convenient for customers. Paytm’s UPI payments alone saw a growth of 600% in the last six months of 2018 alone.

  • Increase in Online Lending Platforms

The number of online lending platforms has steadily risen in the country during the last few years. Between 2015 and 2018, the share of online lending platforms in NBFC’s (Non-Banking Financial Company) has increased to twice the previous share showing a 35% annual average, while the loan share of traditional banks in MSME’s (Micro, Small & Medium Enterprises) decreased from 95% to 90% within the same period. This growth in online lending platforms can largely be attributed to the vast improvements made in the fields of artificial intelligence and data analytics.

  • Collaborations between traditional banks and Fintech companies

Considering how the Fintech sector has managed to overtake the traditional banking system when it comes to offering new and improved services to the customers in the country, several banks have now joined hands with Fintech companies to offer their customers better services. Fintech courses have managed to make the processes of automating services, acquiring customers, credit profiling etc. much easier and more efficient for traditional banks.

How to Start a Career in the Blockchain?

Posted on by Imarticus Learning

Reading Time: 2 minutesIn the past three years, blockchain has presented itself as the next generation solution for many of the problems faced by the tech world. Recognising its potential, various governments and industry titans have provided powerful endorsement to this technology. Blockchain was developed as an underlying technology for cryptocurrencies, and right now it is being adapted to a large number of industries.
Health care, financial technology, real estate, supply chain, logistics and education are a few sectors who are adopting this technology to make an improvement. With demand for blockchain rising day by day, the career opportunities are also looking very bright. The TechCrunch report suggests that there are 14 job opening for each blockchain developer. So, how do we prepare for this huge opportunity lying ahead? We will discuss in this article.

Education in the Blockchain Technology

Since the blockchain is still in its early stage of development, the career path in this technology is going to be very different from others. With blockchain continuously evolving, you will have to improve your skills regularly. The following steps will help you start a good career in the blockchain.
Understanding The Basic Concepts

The understanding of its unique value proposition is the basic building block of blockchain education. Features such as decentralisation, smart contracts and Dapps are not just buzzwords. They are the elements of the blockchain. An intimate understanding of these features is necessary for a successful career in the blockchain. Technical skills such as JavaScript for website development and Solidity for the development of smart contract can be beneficial to excel in Fintech career.
Some Cryptography Lessons
Cryptography has been picking up popularity with more and more assets moving online. Blockchain’s ability to protect and secure online assets is primarily a function of cryptography. Organisations are seeking skilled cryptographers to upscale their cybersecurity. A high-level Cryptography course from any reputed online sources will equip you with the necessary skills for this.

Distributing Computing Theory And Its Applications

With reliability and security emerging as most pressing worries, distributed computing is the solution offered by blockchain. Even though the applications are limitless, the technology is not yet ready for commercial use. The deployment of this tech is delayed by the excessive energy consumption of these systems and so many other issues such as scalability. But, as a student of blockchain technology, you will have to understand this technology and develop solutions for its successful implementation.

Reach Out the Blockchain Community

There are hundreds of cryptocurrency projects happening around. You can use them as an on-job-training mechanism. Reach out to some reputable, verifiable start-ups and provide your service and intake the valuable lessons from these experiences. Starting this way will give you the leverage of both work experience and networking with the right people from the industry.

Make Your Own Path

The blockchain job market offers a huge amount of opportunities, with a proper skillset and attitude anyone can make use of it. Rather than investing years at an academic institute, the DIY steps above will help you find a prominent position in the ongoing blockchain revolution.

The Skills You Need To Excel In This Fintech Era!

Posted on by Imarticus Learning

Reading Time: 3 minutesNowadays, our financial sector has been witnessing the digital evolution, and as a result, the era of FinTech has begun. To reform the financial sector, the FinTech industry offers a variety of services such as SME finance, online Peer-to-Peer lending, crowdfunding platforms, trading management, cryptocurrencies etc. With a great potential to grow, the FinTech business is promising large profits and opportunities to the aspirants. Capitalizing this lucrative opportunity lying ahead requires certain skills.
This article sheds light to few of the skills you will need to shine in the FinTech era.
Finance Vs Technology
The FinTech industry needs people to use technology to resolve the biggest problems in financial services. So, if you have a keen interest in technology, a sound finance background isn’t really necessary. Especially when it comes to core development, an aptitude for technology is considered more significant.
However, for the roles that are more related to the business side, you might need some knowledge of financial concepts. But it is not something to be worried about since many FinTech courses are out there to help you.
The Technical Skills
To excel in the expanding FinTech industry, the following skills will help you.
Blockchain and Distributed Ledger – The explosion of cryptocurrency industry is offering more and more opportunities for experts in Blockchain and Distributed Ledger. As the underlying technology of cryptocurrency, it is already one of the most sought-after skills in the industry.
Programming Skills – The FinTech needs mobile applications, websites and full-stack platforms to realise the innovation powered FinTech Industry. Software engineers who can develop these will benefit from this need.
Machine Learning, Artificial Intelligence and Deep Learning – When the FinTech redefines the financial services, a huge number of people are going to be associated with it. The amount of useful data generated is also going to very high. To scrutinise and analyse the data, experts of technologies such as machine learning, Artificial Intelligence and Deep Learning are needed.
Cyber Security Expertise – The FinTech companies are well aware of the cybercriminals and importance of security measures against them. With the cyber attacks becoming more sophisticated and recurring, the need for cybersecurity experts is ever growing.
The Skills You Need Besides the Technical Skills
Yes, the technical skills are important. But in a diverse, complex and fast-changing industry like FinTech, the following skills are also required.
Problem-solving ability – When you work at the forefront of the financial sector, There would be a constant need for improvement in the system to efficiently handle the huge amount of data with reduced risk. The key thing to do in such situations is to understand the problem, break it down to basic elements and solve them with the technology.
Communication skills – As a FinTech personal you will have to communicate with brokers, traders, business analyst, fellow technologists so and so. Despite who is your client, you will have to explain the aspects of your project clearly and concisely. Engaging with these clients are necessary to understand their problems.
Teamwork skills – At different stages of a project, you will have to work with different people. Keeping a good relationship with the fellow workers is important to handle the pressure and tight deadlines of the project.
Now we know what it takes to have a successful career in the growing FinTech sector. Doing an internship with banks or other financial institutes will help you with the lack of financial soundness. To be up to date with the technical skills, a lot of FinTech courses are available today. With great opportunities and success waiting ahead, the effort is indeed worth it.