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Tag: Cryptocurrency Course

Learning about cryptocurrency in a fintech age – Elaborate

Posted on by Imarticus Learning

In recent years, the finance world has undergone significant changes with the rise of fintech—and one exciting development in this space is cryptocurrency. From Bitcoin to Ethereum, these digital currencies have the potential to revolutionize what we think about money and financial transactions. However, for many people, the concept of cryptocurrency can be confusing and overwhelming. This post will explore the basics of cryptocurrency, its potential benefits, and what it takes to be a professional in the field of finance. Let’s get started!

Cryptocurrency Basics

Cryptocurrency is simply a digital or virtual currency that uses cryptography for security. It operates, or you can say it performs, independently of a central bank or government. Bitcoin, the first and most popular used cryptocurrency, was created in 2009.

A key feature of cryptocurrencies is that they are decentralized, which signifies that they are not controlled by any single entity. Instead, transactions are recorded on a public digital ledger called a blockchain, which is maintained by a network of computers around the world. This decentralization makes cryptocurrencies less susceptible to fraud or theft, as there is no central point of control.

Another essential aspect of cryptocurrencies is that they use cryptography to secure transactions. This includes the use of public and private keys, which are long strings of numbers and letters that are used to encrypt and decrypt data. Public keys are used to receive funds, while private keys are used to access and spend them.

To use a cryptocurrency, an individual must first acquire a digital wallet, which can be stored on a computer or mobile device. Once the wallet is set up, the user can buy, sell, or trade their cryptocurrency on various online platforms or exchanges.

Potential benefits of cryptocurrency

Cryptocurrency can offer several benefits, including:

Decentralization: Cryptocurrencies are decentralized, meaning that they are not controlled by any government or institution. This can provide a level of freedom and independence for users.

Anonymity: Cryptocurrencies can provide a high level of anonymity for users, as the transactions are recorded on a public ledger (blockchain), but the identities of the parties involved are not.

Security: Cryptocurrencies use advanced cryptography to secure transactions and protect users’ identities.

Greater Financial Inclusion: Cryptocurrencies such as Bitcoin can help reduce the barriers to financial access, helping to create a more inclusive and efficient global economy.

Faster Payments: Cryptocurrency transactions can be completed much faster than traditional financial services, reducing wait times and making payments nearly instantaneous.

Accessibility: Cryptocurrency can be accessible to anyone with an internet connection, which can be especially beneficial for people in developing countries or underbanked populations.

Lower Transaction Fees: Cryptocurrency transactions have much lower fees than traditional financial services, making payments much more convenient. Also, cryptocurrency transactions can be made without any middlemen. This cuts out the need for third-party service providers.

Faster and cheaper transactions: Transactions made with cryptocurrency can be faster and cheaper than those made with traditional banking systems, as they are not subject to the fees and regulations associated with banks and governments.

What defines a professional in the field of finance?

best fintech course in India

It’s simple. Financial technology courses are the first step to becoming a professional in this field. There are many different types of courses, but the most important ones are those that teach you how to use cryptocurrencies and how they work.

Additionally, you will need to possess a good understanding of financial concepts, mathematics, economics, and data analysis. You should also have strong problem-solving, communication, and business acumen skills. Finally, acquiring relevant certifications and qualifications can demonstrate your expertise in finance.

So, get set ready and learn how to become a FinTech professional by enrolling in the best financial technology courses.

Explore certificate in finance and technology with Imarticus Learning.

Want to become an expert in FinTech? We offer the best online financial technology courses for professionals who want to learn about cryptocurrencies, blockchain, and other modern finance tools. Our programs equip you with the required knowledge and skills to create and manage cryptocurrencies, as well as build up your own portfolio of digital assets.

Course Benefits For Learners:

  • The cryptocurrency course will help you gain a deep understanding of blockchain technology and its potential applications.
  • The students will be able to put in what they have learned in the online fintech course at work.
  • With the best Fintech courses in India, you can kick-start your career and achieve sucess.

Visit our training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Delhi, Gurgaon, or Ahmedabad, or get in touch with us via chat support.

The Cryptocurrency Trading Bible In 2022

Posted on by Imarticus Learning

The Cryptocurrency Trading Bible In 2022

Conventional currencies are the US Dollar, Indian Rupees, British Pound, Euro, etc. Cryptocurrencies are digital currencies, i.e., they are held in digital form on the internet. They are also known as virtual currencies or cryptos and have multifarious uses, including payments for other goods and services. 

Ordinary currencies are traded against each other in the foreign exchange market, while cryptocurrencies are traded against other specific cryptocurrencies. Such trading is carried out on specialized platforms known as cryptocurrency exchanges. 

Unlike conventional currencies, the supply of which is controlled by the Central Banks of the respective countries, the supply of cryptocurrencies is not controlled. There is an online public ledger called the blockchain, and the cryptocurrencies are controlled by complex cryptography. This can be viewed on request. There are no internal or external administrators for cryptocurrencies or their exchanges. Some central banks recognize it, but there is limited acceptance among others.

Starting with Bitcoin in 2009, there are now more than 13,000 cryptocurrencies. Ethereum, Tether, Binance, Polkadot, Stellar, and USD Coin are a few.

Few important aspects of cryptocurrency

  • 24 hours trading: Unlike conventional currencies, cryptocurrency trading transcends national borders and is available 24 hours.
  • High level of volatility: The volatility of price fluctuations seen in cryptocurrencies is unprecedented. In this respect, they are somewhat like conventional currencies, except central banks do not intervene to stabilize them. There is a high potential for loss, and cryptocurrency trading is risky.
  • Privacy and anonymity: On some decentralized cryptocurrency exchanges, private details and KYC are not required to be submitted.
  • Similarities with equity markets: All derivative instruments associated with equity markets, such as futures and options, have already been ported to cryptocurrency markets.
  • Easy account opening: It takes only minutes to open an account.

Main cryptocurrency trends to watch out for in 2022

  • Bitcoins and other cryptocurrencies are mined by high-powered computers which solve complex mathematical puzzles which guzzle energy. According to the University of Cambridge, these computers account for 0.5% of the total global energy consumption. Bans may be imposed due to the environmental decline caused by this huge volume of energy consumption.
  • Central banks’ conventional currencies go digital. As digital payments become the norm, the CBDCs (Central Bank Digital currencies) have become the norm. Russia, Chile, Japan, and Sweden have already started tests and trials. Widespread use in online transactions of CBDCs could undercut the cryptocurrency demand.
  • On the opposite end of the spectrum, certain countries might adopt cryptocurrencies as legal tenders like El Salvador.
  • With central banks rolling back quantitative easing and launching interest rate increases, the volatility in crypto-denominated assets has reached unprecedented levels. Like all products and commodities, cryptocurrency prices are driven by demand and supply. A medium-term bearish trend seems to be in place for cryptocurrencies.
  • A First Bitcoin denominated spot Exchange-traded Fund is likely to be established.
  • Emphasis on Defi: Defi refers to umbrella financial services on peer-to-peer blockchains, primarily Ethereum. As Bitcoin value sharply depreciates, Defi systems could become a key growth area. Their total value as of the end of 2021 has already exceeded USD 200 billion.
  • Regulatory changes could have a large impact on the cryptocurrency markets in 2022 as countries like China and US either completely bank or crackdown on certain market aspects. They could be declared illegal and not securities. The amount of collateral and leverage in cryptocurrencies is in question.
  • Cryptos are increasingly used in gambling. The guaranteed anonymity, low transaction costs, and enhanced security make it a very attractive asset to be used in casinos. There is a streamlined account verification process and no delay in third-party transaction approval. However, regulatory changes could have an impact on these.
  • New generations of black chain solutions are likely to emerge, which will increase speed and scalability. The fourth generation of blockchain technologies is expected to resolve trust challenges and accelerate the operation of business networks.
  • There is likely to be increased standardization and interoperability due to cross-chain technologies. This will help transmit value and data across blockchain networks.
  • There will be increased demand for blockchain as a service. Cloud-based platforms are already creating apps and blockchain function vendor infrastructure. Amazon and Microsoft have already started this process.
  • The demand for cryptocurrency professionals is likely to increase. Professionals with cross-sector skills, experience with crypto, and immersive live casino skills are likely to be headhunted.

Cryptocurrency is a growing and evolving sector despite all the risks inherent in its trading. This is also a field where there is a paucity of experienced professionals. Doing a course in cryptocurrency or financial technology and gaining practical experience is likely to create bright career prospects.

Check out The Professional Certification In FinTech at Imarticus. Contact us through chat support, or drive to our training centres in Mumbai, Thane, Pune, Chennai, Bengaluru, Delhi, and Gurgaon. 

The role of technologies in cryptocurrencies in India

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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.

Here’s why the cryptocurrency buzz drives new challenges in finance

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Cryptocurrencies like Bitcoin and Ethereum have been all the rage lately, and for a good reason. These digital currencies are shaking up the way we think about money. But as cryptocurrencies become more popular, they are also posing new challenges for the financial industry. This post will explore how cryptocurrencies are disrupting finance and causing new challenges for businesses and consumers alike.

What is a cryptocurrency?

It is a digital currency that uses cryptography for security. Cryptocurrencies are decentralized, not subject to financial institution control. Cryptocurrencies are often traded on decentralized exchanges and can also be used to purchase goods and services. Some experts believe that cryptocurrency will eventually replace traditional currency, while others believe it is a fad.

The popularity of cryptocurrency has driven new challenges in finance, including how to value and trade these assets and prevent fraud. 

How do cryptocurrencies challenge the traditional banking system?

Cryptocurrencies have been gaining popularity over the past years, and their buzz is only getting louder. While the potential of these digital assets entices some people, others view them with suspicion. But whether you’re for or against cryptocurrencies, there’s no denying that they present new challenges for the traditional banking system.

One of the biggest challenges posed by cryptocurrencies is their decentralization. Unlike fiat currencies, which central banks regulate, cryptocurrencies are not subject to a central authority. This lack of regulation makes them appealing to criminals and other nefarious actors who can use them for illegal activities.

Another challenge is the volatile nature of cryptocurrencies. Their prices can fluctuate wildly, making them a risky investment. This volatility also makes it difficult for businesses to accept cryptocurrencies as payment, as they can’t be sure how much the currency will be worth when they receive it.

Finally, there’s the issue of security. Cryptocurrencies get stored in digital wallets, which are susceptible to hacking. If a person’s wallet gets hacked, they can lose all their currency. This is a significant concern for people thinking about investing in cryptocurrencies.

The challenges posed by cryptocurrencies are significant, but the potential rewards are too great to ignore. Cryptocurrencies have the potential to upend the traditional banking system and create a more equitable financial system. 

With the current buzz around cryptocurrency, many people are looking to get involved in the market. Although, there is a lot of misperception about how the market works and what factors drive prices. This is where a course in FINTECH can come in handy.

Discover financial technology courses with Imarticus Learning

best Fintech courses in IndiaThe Professional Fintech Certification is the first online FinTech course in India, offering comprehensive knowledge of all areas of FinTech and strategic and hands-on training with several technologies such as API, Blockchain, Cloud Computing, AI, Machine Learning, IoT, and RPA.

Course Benefits for Learners:

  •  Students will learn how to integrate machine learning and blockchain technology principles into their operations!
  • The future of Fintech is bright, and students can stay informed on the newest developments by attending networking events, job postings, or webinars.
  • This fantastic cryptocurrency course will allow students to use some helpful tools to assist them in finding their ideal careers after graduation!

The future of work in the age of cryptocurrencies

Posted on by Imarticus Learning

The last few years have witnessed a fluctuating state of cryptocurrency across the globe, right from seeing an immediate rise with the meme currency ‘doge coin’ to downright plummeting around 50% from its recorded highs. The idea of cryptocurrency might seem too far for many, but it is here, growing as a household name, on its way to taking over traditional monetary exchange methods.

Rapid digitization is pushing the easy transaction agenda, and cryptocurrency ticks all the boxes for it. Participation by big market names is only leading it to gain more traction. But what exactly does the future hold for cryptocurrencies?

With analysts estimating a growth triple the size of the current crypto market, its inclusion in various sectors is being scrutinized. Although owning a complex state and framework, cryptocurrency’s popularity is rising, and future work processes are more than likely to experience its effect.

The explosive investment in crypto is a sign of its forthcoming involvement in the work sector as organizations are steadily riding the crypto bandwagon. With crypto delivering diverse ways to handle financial processes, at times better than the traditional banking systems, people are heavily inclined towards its active usage. 

Institutionalization of Crypto

The snowball effect surrounding crypto takes massive credit for its readily growing success as market figures like Elon Musk endorse digital currency usage. In addition, global digital transaction leader Paypal has stepped into the arena as well, allowing users to sell, buy and hold cryptocurrencies as a payment option. Following suit, Visa and Mastercard are looking forward to a crypto supporting framework as well, introducing customers to the newly opted concept of a transaction. 

Besides growing popularity, cryptocurrency estimates a successful future in the age of work, becoming a new source of transactions, with its diverse set of advantages. 

Advantages of Cryptocurrency 

The rise of remote working has created trouble dealing with employee payroll. In addition, issues with cross-border transactions have always been a matter of concern as exchange rates can be substantially huge and face numerous discrepancies. Besides exchange rates, banking charges are another hassle organizations often deal with.

The introduction of cryptocurrencies simplifies the process to a great extent with its public transaction and little-to-no processing fee or exchange rates. One doesn’t need to assess dozens of currencies if transactions occur through crypto; therefore, many organizations are looking forward to its acceptance in the workplace.

Drawbacks of Cryptocurrency

Crypto has its share of drawbacks as well, preventing it from experiencing an immediate rise in workspaces. The foremost hindrance to its growth is its complex framework. Although gaining popularity among the masses, crypto is still a mystery for common working people, unaware of digital trends. One of the most common criticisms cryptocurrencies face is holding no inherent value. 

Climate change is a rising concern among people, with individuals trying their best to inhibit carbon emissions. At a vulnerable time as such, usage of cryptocurrency can reap negative implications. Assimilation of crypto in the future image of work is expected to invite greater expenses on electricity associated with greater environmental impact. 

What’s the Verdict?

Regardless of inflicting harm or benefit, crypto has risen as one of the most popular digital currencies and will continue to do so in the future. As crypto has spread its wings and gained popularity among the masses, it is bound to be the future of work, with ease of transaction. Although the masses are skeptical about its use, the technology is slowly seeping into the work culture as organizations continue using it. 

People interested in educating themselves through a cryptocurrency course can explore Fintech Certificate Online for learning opportunities.

Top 5 trends -The future of cryptocurrency in Fintech

Posted on by Imarticus Learning

With the introduction of cryptocurrencies, it looks like the future has arrived. A few decades back, who would have thought of paperless currency in the market? Cryptocurrency has been a revolution for the fintech industry. The top fintech platforms are already integrating cryptocurrency investment to facilitate customers. The future looks bright for both, fintech industry and cryptocurrencies.

More and more governments are handing legal access to cryptocurrencies. In some countries, you can even shop for any product/service using cryptocurrency. Financial institutions are now hiring individuals that have completed a cryptocurrency course. If you are interested in building a career in the fintech industry, read on to know the top five cryptocurrency trends.

The emergence of DeFi technology

Defi (Decentralised Finance) is a technology that supports peer-to-peer digital transactions without third-party. There is no need for a centralized system to route the transactions to their target in DeFi. None other than blockchain could make decentralized transactions possible. Public blockchain channels are used to facilitate peer-to-peer transactions on Defi. Ethereum, the recently acknowledged cryptocurrency, is a prime example of DeFi technology. More and more cryptocurrencies based on DeFi technology will be launched in the future. A cryptocurrency course can help you know more about decentralized technologies for finance.

The emergence of stable coins

The biggest reason why most people fear investing in cryptocurrency is because of market volatilities. The price of cryptocurrencies often rises and falls drastically based on the market. However, this issue seems to be resolved due to the introduction of stable coins. Stablecoins are those digital currencies that have a static rate.

It happens because the price of stable coins is fixed by associating it to flat money or any exchange-traded commodity. Many fintech platforms are already facilitating customers with the purchase/sale of stable coins. It is expected that the market cap of stable coins will increase in the future.

Introduction of tax regimes for cryptocurrencies

More and more countries are now recognizing cryptocurrencies as legal currencies. Many countries have even released tax regimes for cryptocurrency regulations and trade. Some countries are planning on releasing tax regimes for cryptocurrency trade soon.

It comes as good news for fintech firms looking to offer cryptocurrency trade options to customers via their digital platforms. Many financial technology courses now include topics related to cryptocurrency. If you are looking to build a career in fintech, you should know about the trending cryptocurrencies.

Emergence of CBDCs

With cryptocurrencies reaching new heights, governments and central banks are also stepping into the game. Many countries have already launched state-backed cryptocurrencies for their citizens. CBDC (Central Bank Digital Currencies) is more likely considering the time authorities are spending on deciding the fate of cryptocurrency. CBDCs are also predicted to become an approved form of payment in near future.

Rise of NFTs

NFTs are digital assets that can be traded via cryptocurrencies. Some of the common NFTs are art pieces, in-game assets, and videos. More and more people are interested in NFTs as there is no complex onboarding process for buying them. More and more items are predicted to be traded as NFTs in the coming years.

How to learn more about cryptocurrency in fintech?

We at Imarticus Learning, offer the best financial technology courses to enthusiasts. Fintech courses offered by us are designed based on industry standards. If you want to build a career in fintech, an industry-recognized certificate and hands-on training will be perfect for you.

Our fintech courses come with placement support to help you get into the finance industry. You will also learn about the technologies that make fintech possible via our online courses. Start your fintech course now and learn more about cryptocurrency!

Top Cryptocurrency Exchanges in India of 2021

Posted on by Imarticus Learning

With the market’s exponential growth, it is not surprising that India has also seen an increase in its number of crypto exchanges. With 1.3 billion people, India will be one of the leading countries trading over the next decade. This blog post reviews some top trades in India worth investing in now or keeping an eye on as they grow.

What are cryptocurrency exchanges?

Cryptocurrency success has led to the creation of crypto exchanges. It is a platform where investors can purchase and trade cryptocurrencies like Bitcoin (BTC). Crypto exchanges allow you to own several cryptocurrencies without having to invest in expensive mining rigs.

Top 6 Crypto Exchanges in India:

  1. CoinDelta

CoinDelta is one of the leading exchanges in India that also has low trading fees. The site features an intuitive user that makes it easy for new investors to understand and experience. It was launched in December 2013, which means it has more than three years of experience in the Indian market.

  1. 2. Coinsecure

One of India’s most popular exchanges recommends the ideal exchange for traders wishing to invest in Bitcoin. The site supports multiple languages and has an easy-to-use trading interface with simple buy/sell options, live charts, etc. Although their fees are a little higher, they offer a fast and straightforward trading experience.

  1. BitBay

Based out of Poland, this exchange is not well-known in the Indian market; however, it offers some great features that make it one of the top exchanges around. It supports multiple fiat currencies and has an easy-to-use interface with advanced charting tools and several trading options.

  1. Coinome

An Indian exchange backed by the famous Bitcoin trading company, Zebpay, offers some impressive features that make it one of the top exchanges in India. It provides an instant account creation facility and has multiple payment options, high liquidity, and low fees.

  1. Koinex

One of India’s most popular exchanges, Koinex, offers some exciting features that make it stand apart from its competitors. It supports multiple cryptocurrencies and has live updates on the homepage with real-time order books and instant deposits. The site also has an impressive trading app for Android devices.

  1. WazirX

With over 300,000 registered users on its beta launch in October 2018, WazirX is one of the newer exchanges in India. However, as a new exchange, it has some impressive features and plans to expand its range of tradable cryptocurrencies. It offers high liquidity and low fees, along with an easy-to-use interface and excellent security features.

Explore and Learn with Imarticus Learning

The Professional Certificate In FinTech, developed by SP Jain School Of Global Management and Imarticus Learning, is Asia’s leading FinTech course. Hands-on training from industry professionals, real-world case studies, projects incorporating technologies like Blockchain and Cloud Computing, and significant interactions with FinTech industry leaders and entrepreneurs are all part of this course, making it an attraction for those eyeing a career in Crypto.

Some course USP:

  • This Cryptocurrency course is with placement assurance aid the students to learn job-relevant skills that prepare them for an exciting career.
  • Impress employers & showcase skills with a certification endorsed by India’s most prestigious academic collaborations.
  • World-Class Academic Professors to learn from through live online sessions and discussions. It will help students understand the 360-degree practical learning implementation with assignments.

Smart Contracts: What are They & How do They Work?

Posted on by Imarticus Learning

With the progress of the blockchain system over the years, a lot of new features have started coming into play. Initially a manual system, it has now progressed to the point where transactions can be made completely automatically. That is, without involving any third parties at all. This is where smart contracts come into play. It ensures that the agreement between two people stays firm without the threat of any one of them backing out or delaying the process.

Here we are going to discuss what smart contracts are, how they work and what the benefits of using them are. The reason why the blockchain system has progressed so far is because of the highly adaptable nature of this industry. This is the reason why it has continued to remain afloat while others could not. 

So it is only plausible that this industry has also demanded professional opportunities recently. If you are someone wondering what to do with your career in the future, a Fintech course might just be what you need. A lot of institutions in India offer good courses.

Imarticus Learnings is one of the best among them. They have a compact Fintech MBA degree with a blockchain and cryptocurrency course included in the curriculum. It will not only teach you all you need to get ahead in the game but would also provide good placement opportunities that will put you leagues ahead of your peers. 

MBA in Fintech with blockchain and cryptocurrency course

MBA in Fintech with Blockchain and cryptocurrency course

What are smart contracts?

Smart contracts are basically an agreement made between two parties recorded in a blockchain system. They are absolute and obviously, due to the extremely secure blockchain system, they can not be hacked into or tampered with in any way. These contracts function automatically, as in if an agreement is made of a transaction happening at a certain date if certain conditions are met, then given all goes according to plan, the transaction will be made automatically.

With no involvement required of a third party or even the parties involved in the first place, the system completes the transaction automatically, with cryptocurrency being the mode of payment that gets transferred to the respective payee’s digital wallet.

How do they function?

Basically in a blockchain system, two parties agree. For example, Rachel will buy a car from Monica with 150 Bitcoins on 18th October. And the ownership of the car will be transferred to Rachel when the amount is paid. Now, on 18th October, the amount gets credited to Monica automatically without Rachel having to do it manually at all. And just like that with the conditions met, the ownership of the car is now transferred to Rachel.

Benefits of using them

There are some serious benefits of using smart contracts. A few of them are listed here:

  • No need to involve any third parties, including brokers, lawyers, or even the bank.
  • Both parties are secure in their knowledge that the terms are absolute and the amount, as well as the goods, will be transferred to them without any delay. Which negates the chance of fraud completely.
  • Saves precious time as well as extra expenses on both ends.

Conclusion

Blockchain is a system that is now being used in or introduced to almost all sectors of business, education, and even health. So a degree in Fintech is the best possible course to take for career aspirants these days. Do check out Imarticus Learnings’ Fintech MBA program to get the boost you need in your career.

The Fate of Crypto Hedge Funds: Observations and Predictions for 2021

Posted on by Imarticus Learning

In 2021 over half of crypto hedge funds will go belly up. Around 20% percent that is still in business by this time next year won’t last much longer, though, so investors must be proactive and cautious when evaluating the viability of a fund before investing their hard-earned money into one. On average, these new ventures tend not to survive more than five years on account of competing against traditional investment opportunities with lower risk profiles such as stocks and bonds.

They also have difficulty attracting talented programmers due to lackluster paycheques compared to other lucrative professions like software engineering or data science, which offer better compensation packages alongside flexible work schedules often lacking among those interested in joining cryptocurrency development teams.

best Fintech courses in IndiaIn this article, we’ll discuss how to get into a career in FinTech and take an overview of some great online classes for those looking to sharpen their skills at one of today’s hottest industries!

Cryptocurrency Course

The cryptocurrency course will change the way you think about money. Imagine being able to decide how much of your paycheck goes into stocks, bonds, and other investments!

Or what if people got paid based on their contributions instead of hourly wages? How would that affect the American economy? These are just a few examples; start exploring for yourself with this dynamic class today.

To get a deep understanding of cryptocurrency, you should pursue an MBA in FinTech. There are many institutes available to provide online courses on different facets of cryptocurrency. Imarticus Learning is among those schools, and you can find out more about its course offerings by visiting the website now.

Who can do a cryptocurrency course?

Many people want to get their hands on cryptocurrencies, and they don’t know where to start. There is an online course called “Cryptocurrency Investment Course” that teaches you how it all works. It’s the best place for beginners because it teaches you about Bitcoin and Ethereum, Litecoin, Ripple (XRP), NEO (NEO) as well!

Can I do Cryptocurrency Course after Graduation?

Yes, you can!

Imarticus Learning got just the courses for all your crypto learning needs. Whether you’re a beginner or an expert trader with years of experience under your belt – we have something to offer everyone.

Cryptocurrency is an emerging field where knowledge can be a commodity. To keep up with this rapidly-changing industry, you need to stay on top of the latest trends and developments in cryptocurrency by taking courses like Cryptography Fundamentals or Bitcoin for Beginners online today!

Conclusion:

As the cryptocurrency market continues its volatile trend, more and more investors are looking for investment vehicles that offer stability. While many crypto hedge funds have been launched in recent years to address this issue, few remain standing today. In 2021, it is likely only a handful of these will still be around (though there may be some new ones).

If you want to make your career in cryptocurrency you can pursue our best online MBA courses in FinTech, and we hope you feel more prepared to decide on your education. If you are still undecided, please take advantage of our free consultation to start exploring what it is that will work best for you. Please Enquire Now.

Cryptocurrency Careers that Will See High Demand in the Future

Posted on by Imarticus Learning

 

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!