Is There A Future For Cryptocurrency Courses In India?

Is There A Future For Cryptocurrency Courses In India?

Will today’s generation witness the end of traditional money in the future? This may not be a fact, but it is a strong possibility for this to happen in the coming future. While we are moving towards cashless transactions, a new era of cryptocurrency can be introduced to the world by people from diverse fields, including investors and entrepreneurs. 

The potential for growth in the cryptocurrency market has opened up hundreds of new investment opportunities on behalf of both private and professional investors. This blog post will explain the future of cryptocurrency courses in India

India is a big country. This country has already experienced the future of cryptocurrency. Students can quickly learn the best currency course in Indian colleges and universities and make their careers bright in the future world.

Why is cryptocurrency gaining market traction in India?

The cryptocurrency market has recently been gaining traction in India. There are several reasons, including a lack of regulation, and you can use cryptocurrency to buy goods and services. Any government does not regulate cryptocurrency as it is decentralized, meaning it operates independently from a central authority such as a government institution.

How much growth can we expect in the Indian cryptocurrency market?

The current market size of cryptocurrency in India is $1.2 billion, with Bitcoin being the most popular cryptocurrency in India, followed by Ethereum and Ripple (XRP). The estimated growth by 2023 is $5 to $10 billion.

A cryptocurrency uses cryptography to secure transactions and control the creation of additional currency units. Cryptocurrency has been a hot topic of discussion in the last few years. It is a new form of currency that a central bank or government does not control. The first cryptocurrency: Bitcoin, was invented by Satoshi Nakamoto in 2009.

Bitcoin has gone from being worth just $0.06 per coin in 2013 to over $20,000 per coin at its peak in December 2017, making some people very rich!

The boom in cryptocurrency prices has also driven interest in blockchain technology, which underpins many cryptocurrencies, including bitcoin and ethereum (the second most popular).

Blockchain and cryptocurrency have been dubbed the most significant technical development since the internet.

Imagine if you had invested in cryptocurrency before it became mainstream? You could have made thousands of dollars! We are sure you can imagine how many people would like to know about this now. Therefore, it’s no surprise that Cryptocurrency Courses and Online Cryptocurrency Classes have sparked an interest.

Discover financial technology courses with Imarticus Learning

The Professional Fintech Certification is India’s first online FinTech course, offering a comprehensive overview of FinTech and strategic and hands-on training in technologies like APIs, Blockchain, Cloud Computing, AI, Machine Learning, IoT, and RPA.

Course Benefits For Learners:

  • Learners will discover how to use machine learning and blockchain technology concepts in their daily operations.
  • Fintech has a promising future, and learners will stay up to date by attending networking events, job adverts, or webinars.
  • Fintech certification programs will provide students with essential tools to help them find their desired careers after graduation!

Contact us through chat support, or drive to one of our training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Delhi, and Gurgaon. 

The role of technologies in cryptocurrencies in India

The role of technologies in cryptocurrencies in India

Introduction

In the last few years, finance has been one of the top choices of subjects for a Bachelor’s Degree as it gives students both ample graduate job prospects along with high earning potential. Moreover, with the most modern and advanced Financial Technology Courses and those especially related to Cryptocurrency courses, one can now plan at taking their career a notch higher!

The increasing enthusiasm around adopting cryptocurrencies has made the Indian crypto-tech market a hot spot. To back all of these, a report from ‘Crypto Industry in India’ says that India can create 800,000 jobs and add $184 billion of economic value by 2030, only by savings and investments in cryptocurrencies! We are sure that these numbers are enough to lure you in getting enrolled in one of the Fintech Courses in India.

If you have been thinking about choosing one of these Cryptocurrency Courses, let us give you an insight into the role of technologies in cryptocurrencies in India.

To start with, cryptocurrencies are based on computer programs and these coins are not money-like coins but clippings of computer code that can be transferred from one user to another. To participate in the process, you will have to create your digital wallet.

Blockchains

The main technology behind the functioning of cryptocurrencies is distributed ledgers called blockchains. In 2008, an entity or a person named Satoshi Nakamoto developed a procedure for a peer-to-peer electronic cash system, which became the foundation for blockchains. Similar to a global spreadsheet, blockchains run on computers of lakhs of volunteers around the world, and therefore, it does not have a central database. Therefore, a blockchain remains public and anyone can view it at any time. To maintain virtual security, the blockchain is encrypted and can be accessed by using private and public keys. Blockchain enables a person to send money safely to another person without going through any financial service provider or bank.

Network Consensus

Blockchain technology is unique and possesses features that normal or general computer files lack. As mentioned earlier, a blockchain file is deposited on several computers across a network, which can be accessed by everyone within the network. This makes the blockchain secure from hacks, difficult to alter, more transparent, and free from human or software error.

Cryptography

Cryptography keeps the blocks linked together by computer science and complex mathematics. If anyone attempts to change the data or disturb the cryptographic links, it won’t take more than a few seconds to identify it as fraudulent activity by other computers in the network.

Cryptocurrency mining

Crypto mining checks the addition of recent cryptocurrency transactions and adds new blocks to the blockchain.

Cryptocurrency trading

Cryptocurrency trading is the act of speculating the price movements of cryptocurrencies through a CFD (contract for differences) trading account or indulging in buying and selling underlying coins through an exchange system.

Factors that move cryptocurrency markets

Cryptocurrency markets are decentralized; they function according to supply and demand. While the cryptocurrency market is surrounded by much uncertainty, the factors mentioned below can affect their prices:

  • Supply: The available coins and the rate at which they are destroyed, lost, or released.
  • Market capitalization: The overall value of the existing coins and the rate at which it is developing.
  • Integration: The ability to integrate (or incorporate) the cryptocurrency into the given infrastructure, for instance: e-commerce payment systems.
  • Press: The portrayal and coverage of cryptocurrencies in the media.

If you are looking forward to the best Fintech Courses in India, your search stops here! From Cryptocurrency courses to Financial Technology Courses, choose the best professional fintech courses with Imarticus Learning.

Cryptocurrency Careers that Will See High Demand in the Future

 

Over the last year or two, cryptocurrency has spread like wildfire through the interwebs, evolving from a once unknown form of payment to one that’s preferred and advocated for by thousands across the globe.

Bitcoin and other forms of cryptocurrency are more than just a buzz today, they’re facilitators of job creation in a newly burgeoning payments industry. Blockchain fanatics, rejoice, the job market is opening up– Indeed reported that job postings with keywords including ‘bitcoin’ and ‘cryptocurrency’ have shot up by a whopping 621% since 2015. A cryptocurrency career is one of the most sought out types today, with Indeed seeing a 1,065% growth in searches for these jobs.

Cryptocurrency-related jobs range from miners and data scientists to developers and blockchain experts. But these are the careers and jobs that are likely to see very high demand in the future:

Blockchain Engineer

Since blockchain is the system that enables the existence of cryptocurrency, blockchain engineers will be in high demand in those sectors and industries looking to hire for cryptocurrency systems. Blockchain engineers have the power to build new applications, even new currency modes for use in the crypto-world. They can either choose to focus on developing the technology itself or concentrate on the elements that interact with the system on varied scales, including currency or protocols.

ICO Developer

ICO means Initial Coin Offerings and is a fund-raising technique that enables startups to sell their crypto-tokens in exchange for other cryptocurrency or fiat currencies. It’s considered a boon for many startups looking to immediately raise capital but not wanting to deal with the taxes and charges that come of raising and transferring funds in regular currency. An ICO developer helps to form the new currency and form a platform for distribution and trading.

Security Architect

Cryptocurrency systems, in general, are much harder to hack into when compared to traditional financial transaction systems. That said, cyberattacks are increasingly growing sophisticated, which means no system is 100% safe. A security architect is usually tasked with protecting the company and its blockchain or other technology from external threats and exploitation of vulnerabilities. They also help to prevent and offset financial transactions and fraud. Knowledge of information technology and web development is crucial to land such a job, as is attention to detail and solution-building skills.

Technical Writer

Cryptocurrency is not for the techies alone, contrary to popular belief. Companies looking to create newer types of cryptocurrency are often looking for technical writers to write creative content that will attract investors and customers. These types of content could range from blog articles to whitepapers and pitch decks. Technical writers may also need to liaise with marketing and branding departments over the digital and offline promotions in the pipeline.

Conclusion

Despite a rocky first few steps, blockchain and cryptocurrency are alive and well in today’s world and fast gaining exposure. A cryptocurrency course will enable fresh graduates and current employees to upskill and delve into the industry while it’s still in its nascent stages. A deep intellectual curiosity and the ability to deal with changing times are perks, too!