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Tag: Blockchain

What Are The Best Sources To Educate Yourself About Cryptocurrencies?

Posted on by Imarticus Learning
Reading Time: 3 minutes

What Are The Best Sources To Educate Yourself About Cryptocurrencies?

Blockchains are today’s buzz word and synonymous with cryptos that have affected literally every industry from banking, insurance, the real-estate sector, fintech, and startup sectors. Training is crucial as it helps you to learn the latest skills in technologies that will dominate the future. So, we shall quickly look at the top ten blockchain courses in no particular order of preference.
A bit on the blockchains:
Here is a graphic to quickly help you to understand what blockchains are about and how they sustain the interlinkages of a cryptocurrency transaction.
The best cryptocurrency courses:
1. The Steemit 2.0 Cryptocurrency Course: 
This is where you will learn what steemit is, buy and sell steem, how to use steemit, all about the cryptocurrency markets, and more. You start with the activating your Steemit account and then get paid to blog, acquire followers and launch your professional blogging career. You also learn the rudiments of blockchain courses, cryptocurrencies like the Bitcoin, Steem and how they run on blockchains besides other topics.
2. A 30-minute answer to buying 200 cryptocurrencies: 
This course does offer a 30-minute session where aspirants learn how to trade, sell, and buy-in over 200 cryptocurrencies, Altcoins and Bitcoins. Presently these are traded only through exchanges and platforms used exclusively only for cryptos. Some of the topics you learn here are getting started with Bitcoins, how the blockchain technology works, getting your own crypto wallet, investing, withdrawal and cashing in of cryptos.
3. Introductory course on Bitcoins and Cryptocurrency Trading:
Here you learn all about trading and investing in the Bitcoin, ICOs, and altcoins. The cryptocurrency markets are filled with investors who are unaware of the underlying blockchain technology and its advantages. This course sets those gaps right and teaches you on how to start buying, selling and trading in the ever-risky cryptocurrencies through hands-on practice.
4. Crypto trading for profit 101: 
In this, you will learn to use candlesticks, volume activity, and technical analysis while trading. You will also gain expertise in reading charts, all about day and swing trading transactions, trading in cryptos like the ripple, ethereum, bitcoin, and litecoin, exit and entry strategies among many other relevant topics.
5. An eBook course on Trading and Investing in Cryptos:
CryptoMeister teaches you to use the exchanges to sell, buy and trade in Altcoins, Bitcoins etc, how to Crypto Mine, the analysis and market research involved, investing in ICOs and more through an 8-chaptered video course and its e-book when you enroll for this series of cryptos and blockchain courses.
6. ICO Investing Course 2018:
2018 is all set to transform the ICOs and crypto markets. 2017’s closing seven months saw explosive highs of crypto prices and 2018 promises many new ones. This course will teach you how to build retirement funds and invest in ICOS and quality cryptos since from the many only a few are actually successful and worth investing in.
7. The 2018 Trading Course: 
This one is also about retirement funds and cryptocurrencies with one basic difference. It was started by a trader who had no initial training and understands the value of knowing how to invest and saving yourself money spent in experimenting with disastrous results.
8. The course on Cryptocurrencies and Wallets: 
How do you keep and store your cryptos away from hackers? The course will teach you with examples of Desktop, Paper, Hardware, and Mobile wallets. Learn all about the various types of wallets, their advantages, how to create them and how to send or receive money into your secure wallet.
9. The Fundamentals course on cryptocurrencies:
This video guide and course is meant to help you quickly assimilate knowledge required for crypto markets and its trading activities. You will learn a lot about topics like types of cryptos, how they work, the differences between a coin and a token, Ethereum tokens, and all about the wallets, Monero, Bitcoin, Litecoin, Dash, Ethereum and such cryptos.
10. Australian investment cryptocurrency fundamentals:
This course is about the basics of cryptos and their storing, selling, investing, trading or buying in the Australian crypto exchanges and market. They have comprehensively covered modules on the foundational blockchain technology along with all topics pertaining to cryptos in Australia.
Conclusion:
To trade in cryptocurrencies it is essential to do blockchain courses and understand the underpinnings of the crypto world. While training is best acquired at classroom courses of reputed institutions like Imarticus Learning there are also several routes as mentioned above. The course at Imarticus scores not only because they comprehensively teach you all about the cryptocurrency markets, but because they offer you soft-skills training to make you career-ready. So, hurry and enroll at Imarticus today!

Why Bookkeeping Bots Are An Important Part Of The Fintech Business World?

Posted on by Imarticus Learning
Reading Time: 3 minutes

Why Bookkeeping Bots Are An Important Part Of The Fintech Business World?

Bots can keep your records in various areas of your business and the bookkeeper can integrate the books of the various departments to help you get a complete overview to base your crucial budgeting decisions. No wonder then that the fintech startups focus on bots in record keeping and accounting.

Bookkeeping may be the most boring part of running a business. However, it is the very lifeblood of the startup or business and financial record keeping should never be neglected. Not just from the point of view of compliance or regulations but because it is advantageous in many ways that we are shortly going to look into.

Accurate records of financial transactions are the very same data culled for your forecasts and analysis, budgeting and management. When this is error-free it saves you a lot of time, effort and money in the long run. And in modern times, Fintech courses and data analysis techniques have evolved to a point where bookkeeping can be your best aid in a financial crisis or upheaval. Bookkeeping is progressive, helpful and is a must-do for growth.

Bookkeeping for business analysis:

Let us see how your bookkeeping affects your sense of analysis and business growth. our daily bookkeeping is the essential data that is being generated 24/7for analysis. It is an effective tool in the hands of decision-makers and guides management decisions.

No matter if you are a startup or small business, remember that your financial statements and records are the basis of assessing your financial health and are the first record verified when seeking funds for growth. That can only happen when financial discipline allows you to check at any moment your outflows and inflows of cash, where the returns on your investment have not been productive, or when you need additional funds to spur growth.

The fintech industry has come up with very many Fintech courses and applications to integrate the accounting system into all parts of the business and modern times require even a Botkeeper to man these bots that automatically take care of your bookkeeping, accounting, expenses, loan repayments, schedules of payments and a lot more.

Hence employing bots is not just to technologically innovate your accounting procedures but to give you an integrated real-time view of all areas of your business. Without doubts, the bots who are here to stay can spur you to success and leapfrog your enterprise to the next level.

Bookkeeping and budgeting:

Budgeting in firms and enterprises is not just about reviewing the past and setting aside finances for the future. The integrated process of budgeting with bots allows the analysis of they’re working the data into forecasts, ROI, comparative studies of investment patterns, and even provide clues as to potential risks and areas for improvement.

Effective managements rely on taking timely decisions and ensuring that timely funding is available. This means monitoring your expenses, being able to foresee the risks involved, creating a roadmap for projects and leveraging bookkeeping for growth. Fintech courses also teach you about vital developments like blockchains. The immutable single ledger system maintained by bots gives you the upper hand when budgeting or reviewing managemental decisions.

Bookkeeping and tax preparation:

Keeping track of your taxes, compliance and ensuring adherence to all regulations is another repetitive task that can become very complex and have disastrous implications when neglected. Since bots excel at doing such repetitive tasks, many a fintech startup focuses on applications meant to ease the pain in the area of tax preparation, reporting, and compliance. They are also exploring areas like RegTech which again is dependent on the tasks of effective bookkeeping.

Tax preparation when done manually requires careful scrutiny because of the errors that may creep in when financial records are unavailable, or when the view is too myopic.

Fintech courses are essential for those who keep the books and records because they not only allow you to paint and record the right picture but because they interact technologically with the other parts of your business and affect parameters like productivity, management decisions, growth, and efficiency. Well, that’s why bots take over repetitive daily tasks in business and are so essential for all businesses.

Parting notes:

It is clear that bookkeeping is a must for efficient tax preparation, budgeting, and business analysis. This is what the Imarticus Learning Academy excels in teaching its aspirants making a career in the financial markets. Fintech courses can get you career-ready and set for a unique assured placement. Join the Imarticus course today if you want to gain skills in these crucial areas. 

Why Bookkeeping Bots Are An Important Part Of Fintech Business World?

Posted on by Imarticus Learning
Reading Time: 3 minutes

Bots can keep your records in various areas of your business and the bookkeeper can integrate the books of the various departments to help you get a complete overview to base your crucial budgeting decisions. No wonder then that the fintech startups focus on bots in record keeping and accounting.

Bookkeeping may be the most boring part of running a business. However, it is the very lifeblood of the startup or business and financial record keeping should never be neglected. Not just from the point of view of compliance or regulations but because it is advantageous in many ways that we are shortly going to look into.

Accurate records of financial transactions are the very same data culled for your forecasts and analysis, budgeting and management. When this is error-free it saves you a lot of time, effort and money in the long run. And in modern times, Fintech courses and data analysis techniques have evolved to a point where bookkeeping can be your best aid in a financial crisis or upheaval. Bookkeeping is progressive, helpful and is a must-do for growth.

Bookkeeping for business analysis:

Let us see how your bookkeeping affects your sense of analysis and business growth. Your daily bookkeeping is the essential data that is being generated 24/7for analysis. It is an effective tool in the hands of decision-makers and guides management decisions.

No matter if you are a startup or small business, remember that your financial statements and records are the basis of assessing your financial health and are the first record verified when seeking funds for growth. That can only happen when financial discipline allows you to check at any moment your outflows and inflows of cash, where the returns on your investment have not been productive, or when you need additional funds to spur growth.

The fintech industry has come up with very many Fintech courses and applications to integrate the accounting system into all parts of the business and modern times require even a Botkeeper to man these bots that automatically take care of your bookkeeping, accounting, expenses, loan repayments, schedules of payments and a lot more.

Hence employing bots is not just to technologically innovate your accounting procedures but to give you an integrated real-time view of all areas of your business. Without doubts, the bots who are here to stay can spur you to success and leapfrog your enterprise to the next level.

Bookkeeping and budgeting:

Budgeting in firms and enterprises is not just about reviewing the past and setting aside finances for the future. The integrated process of budgeting with bots allows the analysis of they’re working the data into forecasts, ROI, comparative studies of investment patterns, and even provide clues as to potential risks and areas for improvement.

Effective managements rely on taking timely decisions and ensuring that timely funding is available. This means monitoring your expenses, being able to foresee the risks involved, creating a road-map for projects and leveraging bookkeeping for growth. Fintech courses also teach you about vital developments like blockchains. The immutable single ledger system maintained by bots gives you the upper hand when budgeting or reviewing managemental decisions.

Bookkeeping and tax preparation:

Keeping track of your taxes, compliance and ensuring adherence to all regulations is another repetitive task that can become very complex and have disastrous implications when neglected. Since bots excel at doing such repetitive tasks, many a fintech startup focuses on applications meant to ease the pain in the area of tax preparation, reporting, and compliance. They are also exploring areas like RegTech which again is dependant on the tasks of effective bookkeeping.

Tax preparation when done manually requires careful scrutiny because of the errors that may creep in when financial records are unavailable, or when the view is too myopic. Fintech courses are essential for those who keep the books and records because they not only allow you to paint and record the right picture but because they interact technologically with the other parts of your business and affect parameters like productivity, management decisions, growth, and efficiency. Well, that’s why bots take over repetitive daily tasks in business and are so essential for all businesses.

Parting notes:

It is clear that bookkeeping is a must for efficient tax preparation, budgeting, and business analysis. This is what the Imarticus Learning Academy excels in teaching its aspirants making a career in the financial markets. Fintech courses can get you career-ready and set for a unique assured placement. Join the Imarticus course today if you want to gain skills in these crucial areas. 

What Is The Growth And Future Of Fintech From Wire Transfer To Blockchain?

Posted on by Imarticus Learning
Reading Time: 3 minutes

Fintech is a great combinational technology combining the benefits of finance and technology and is omnipresent in nearly all fields and daily applications.

From literally every activity like banking online, paying your bills or more developed blockchain training based applications like transferring funds to a remote unbanked location are fintech applications of interest that we have become so familiar with, that we take them for granted.

A bit of history: 

Way back in 1918the first Fed wire Funds Service introduced by the US Federal Reserve Banks achieved the first fund transfer electronically based on the then-novel Morse and telegraphic cabled lines. In 1950 the first credit card or Diners Club card was introduced by Frank McNamara. Seventeen years later the London branch of Barclay’s unveiled the first ATM machine.

The progress of technology was very slow and these events were forerunners of today’s rapidly transforming fintech technology based on Blockchain training of the systems involved to harvest the many benefits of modern times.

The advent of the internet sent technologies like AI, Ml and Deep Learning spiraling to the forefront. Many revolutionary concepts like mobile phone banking, bank accounts online, etc saw success and adoption post the internet introduction. This was truly the baby-steps for a revolution presently termed ‘Fintech’.

Fintech stepped into the limelight with the introduction of 2009 founded Bitcoin cryptocurrency which was possible because of the innovative blockchain technology it was built on. Eight short years later the mania for cryptocurrencies saw the Coinbase crypto exchange exceed the value of 1.5 billion USD in transactions.

From there on till date blockchain training and fintech have become essential in the technology programs of almost all industries. Today, it has become adopt or be obsolete. The banking sector was turned disruptive at 72 percent. In a short time, the 84 percent insurance giants will also turn disruptive and their collaborations with fintech enterprises will see them transform through technological innovations and use of blockchains. The pace has been set by some insurance firms accepting term insurance premiums online and even earning rewards like discounts for doing so.

The future is encouraging:

Fintech has seen much development with advancements and disruptions sourced from the fields of AI, cloud storage, blockchain training technology, and crowdfunding. A whopping 46 percent of large applications of fintech companies are AI-based. Some of the very good applications in improving back-end processes and customers lines are already functional and estimates say 95 percent of the customer interactions by 2025 will be taken care of by chatbots like Sofia.

Financial improvements are visible with data analysis and compliance applications being developed by the moment. Cloud storage is using blockchains for cybersecurity and record storage. Regtech is the newly-introduced technology to ensure regulations in banks and financial institutions are met.

Banks and fintech:

Traditionally banks had a stranglehold on financial transactions and charged a fee for every transaction. The number of branches was also limited geographically and the numbers of the unbanked got swollen just before the introduction to cryptos. Blockchains made zero-fee financial transactions transparent, immutable, secure and near-instantaneous immaterial of geographical locations.

Big banks adopted fintech to cut costs and retain the competitive edge. They were quick to realize that they could achieve a 30 percent infrastructure reduction and save up to 12.3 billion USD per annum using blockchain technology. Santander, Bank of China, and UBS are leading the way in introducing Ripple a bank compatible crypto in 15 of the 50 big banks. It is anticipated that by 2020 more than 77 percent of the banks would have on-boarded the blockchain technology.

The future for fintech and its enterprises is definitely bright as it has just exposed the tip of the iceberg of potential. Cybersecurity and cloud storage will see a lot of innovation and applications. Authentication modes are set to change with fingerprint scanners, iris scans and such technologies being exploited. Micro-embedded wearables, voice recognition technology all seek to implement the concepts of simplification, ease of operation and personalization which will see improvements in leaps and bounds.

Parting notes:

No matter what the future of fintech is the brilliant blockchain technology is all set to improve our lives with fintech applications. Now that you know the history, progress and have had a glimpse of the future, it is time to contribute to being ahead of the curve of fintech development by doing a blockchain training course at the reputed Imarticus Learning. They are the pioneers of training in emergent technologies to help you emerge career-ready.

For more details in brief and for further career counseling, you can also visit – Imarticus Learning and can drop your query by filling up a simple form 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, Hyderabad, Delhi, Gurgaon, and Ahmedabad.

How Is Blockchain Technology Helpful In A Banking Career?

Posted on by Imarticus Learning
Reading Time: 3 minutes

How Is Blockchain Technology Helpful In A Banking Career?

The Blockchain ecosystem has the potential to transform disruptively and every industry. The Blockchain career and a banking career with blockchains is the place to be because of the immense scope and demand for trained personnel.

What benefits does blockchain technology bring?

Let us look into the many advantages and terminology of blockchains. A Blockchain career is 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 using 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.

How do the banks benefit?

According to the experts, bankers, analysts, consultants, etc that spoke to The Financial Times, the top 5 areas that have the potential to be successfully transformed by blockchains are

Settlement and Clearing:

The bank network is a tangled network of securities, investments, and loans that need to be recorded, settled and cleared on a daily basis. And, this costs billions of dollars annually to run. Accenture says that this area of settlement and clearing could save investment banks up to USD 10bn who use blockchain technology for efficient settlement and clearing operations.

Payments:

Payments systems from the central banks globally are moving to explore blockchain technology and shifting payments system processes to blockchains and issue digital tokens that can be used on the stock markets and cashed in at the central banks. Commercial banks to have pushed forward with their own projects instead. Ex: Switzerland’s UBS’ ‘utility-settlement-coin’ akin to the crypto coin issued by the bank. Swift payments, the cross-border payments solution of the banks is fighting off Ripple a San Francisco fintech startup in cross-border payments solutions.

Trade finance:

LCs, trade finance, bills of lading, etc are still paper-transactions sent through post or fax globally. According to the R3 MD, Charley Cooper, this is an obvious area where banks can benefit from blockchains. HSBC’s Head of innovation in commercial banking, Vivek Ramachandran agrees that doing away with physical stamping through use of blockchain transactions could deal effectively with problems like his example of a ship delivery to Malaysia from Singapore taking a day versus the paperwork taking a week!

Customer Identity Verification:

Lenders are in reality trusted custodians of investor’s money and regulators will hold the banking agents responsible for authentication of records and checking the customer’s identity. This area is a vital banking-risk that blockchain-processing can easily overcome. It is an era of start-ups in the KYC blockchain-enabled systems. Some of them are Blockstack, Cambridge Blockchain, Credits, and Tradle.

Syndicated loans:

It takes a long 19 days for US companies to raise syndicated funds from banks. Early repayments and foreclosures are still done on paper. To address the efficiency of this area Credit Suisse and 19 similar-minded financial institutions formed a work-consortium with the blockchain enablers to put the syndicated loans Synaps on a blockchain framework.

Conclusions:

Looking at the benefits of blockchains, one wonders why banks are lethargic in the adoption of the superbly beneficial blockchain technology in banking and its related processes. However, it is also to be noted that the number of fintech startups has gone up in leaps and bounds making a Blockchain career highly lucrative and getting in ahead of the curve.

Make your Blockchain career at Imarticus Learning which is the literal one-stop solution for Blockchain training. For more detailed information regarding this and for 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, Bangalore, Hyderabad, Delhi, Gurgaon, and Ahmedabad.

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

Posted on by Imarticus Learning
Reading Time: 3 minutes

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 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. 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?

Posted on by Imarticus Learning
Reading Time: 3 minutes

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.

New Basic Training Course On Fintech Launched!

Posted on by Imarticus Learning
Reading Time: 3 minutes

Both the technological apps for financial applications and the very process of financial transactions have undergone a sea-change from manual to cutting-edge since the Fintech revolution took off globally. Closer to home, India has been promoting the fintech industry in several ways and has openly declared that it proposes to encourage the sector to develop to its full potential.

Singapore’s Latest Course on Fintech:
The latest fintech training course in Singapore started with 20 students to offer affordable quality Fintech training to bankers, executives and career-oriented individuals. The course is proposed to run monthly with a batch size of 30 participants. NTUC and SFA saw more than 100 participants and job hopefuls take part in the fintech career fair organized by the Institute for Employability and Employment at Singapore’s M-Hotel.

The course has developed with the help of multiple partners like Ngee Polytechnic, NTUC, BFS Union and the Singapore Association for Fintech-SFA. Since most quality Fintech courses are paid courses and need to provide the latest technical and industry-relevant training, the proposed fee is between 71 SGD to 321 SGD after subsidies. They are sponsored by the government for individuals below 40 yrs of age which brings the cost down significantly against the total 1070 SGD (Singaporean Dollars).

The Fintech Course benefits:
·The foundation level program will train new workers and young-career participants to be able to function in the fintech environment and will also help acclimatize them to the fintech environment.

  • The fee is affordable, and participants could take loans from the credit agency SkillsFuture to finance the course.
  • Singapore is expected to see a plethora of jobs and an anticipated sizeable demand-supply gap for personnel.
  • Artificial Intelligence, blockchain, and Big-Data courses can be specialized in after doing the foundational level course on Fintech concepts and fundamentals.

The Indian Scenario:
The governmental curbs to end black-money, the demonetization, the introduction of cheap 4G services by Jio, the mushrooming of Fintech courses, the simplified GST norms, and the government setting aside budgeted funds to develop this sector have been a boost in the arm. QR scanning and app-based banking solutions are currently the norms. The Digital India movement just three years ago in 2016 saw a majority switch to the ease of the UPI platform payments.
India is today the startup leader with Mumbai, Delhi, and Bangalore being the mainstay fintech hubs. There are about 2700 startups and a72 percent adoption rate for solutions for payments with many fintech startups being incubated at Bangalore, the Vizag Valley for Fintech, the T-hub of YES bank and Star Tank by Paypal.
The measures put in place:
Some of the time-boxed initiatives on setting up the Mumbai Fintech hub recently are:

  • Setting up a base for startups and a nation-wide live fintech registry to provide able mentors, best practices and a collaborative environment
  • Setting up accelerators and incubators similar to the corporate accelerators with multi-partner collaborations from reputed agencies NPCI, PayU, Fino Payments Bank, Zone Startups, Kotak, ICICI and Barclay Bank
  • On-boarding of global investors will be showcased at road-shows where small players can interact, tie-up and collaborate in a safe and moderated environment
  • The proposed platform for investors will see buy-side investors and sell-side startups
  • A 3-year scheme of grants has been proposed for fund-creation for such startups, and the fintech industry, where the fund created will be agile and jointly self-managed
  • To ease rental burdens, rental reimbursements to the tune of 4 lac Rs for three years have been offered to 50 such firms already.
  • Fintech education, polishing innovative ideas and talent, and developing excellent coding skills are being focused upon as the verticals of thrust and promotion in a bid to suit the demand for personnel.
  • Innovative Fintech courses are the need of the hour.

Conclusion:
In parting, the fintech industry is rightly at an inflection point. If you wish to have a career in the fintech industry, check out the excellent course on Fintech at Imarticus Learning. It is on-par and way ahead in terms of benefits offered. Certification, assured placements, soft-skill training, and skill-oriented practical syllabi are just some of the key takeaways. Act today!

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, Banglore, Hyderabad, Delhi, Gurgaon, and Ahmedabad.

How To Learn Blockchain Programming In Tandem With Game Development?

Posted on by Imarticus Learning
Reading Time: 3 minutes

 

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?

Posted on by Imarticus Learning
Reading Time: 3 minutes

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.