cryptocurrency - Finance, Tech & Analytics Career Resources

What is The Difference Between Bitcoin and Blockchain?

Posted on July 5, 2021 by Imarticus Learning

Out of the latest trends in the market, the most popular one is people earning from crypto mining. However, there is an extensive debate regarding the benefits of using cryptocurrencies to make money.

That debate is based on two important terms, ‘bitcoin’ & ‘blockchain.’ This blog differentiates between the two terminologies and explains its use in the world of fintech and cryptocurrencies.

What Is Blockchain?

Blockchain is a digital payment gateway that provides record transactions between two parties constantly and correctly. In other words, blockchain is a distributed ledger that confines bitcoin or any digital asset. It allows multiple parties to transact, share data, and pool resources securely.

Many professionals and individuals from the industry assume that blockchain is the latest technology. However, that isn’t the case. Blockchain is traced back to 1991, but it gained popularity only after the advent of cryptocurrencies.

Blockchain is decentralized and made of three vital elements:

Blocks: They contain all relevant information about a transaction. Each block has a unique nonce and hash, which is stored at the end of the blockchain.

Miners: Miners are those creating multiple blocks, which is an incredibly complex task.

Nodes: Through nodes, no one organization can own a blockchain. This maintains integrity & prevents a breach of privacy through an exchange of information.

What Is Bitcoin?

Bitcoin is one of the first cryptocurrencies to use blockchain technology in facilitating digital payments. Through a decentralized network, bitcoin offers a low transaction fee compared to other payment gateways.

The first thing is to get a bitcoin wallet, software to send, receive, and securely store funds. It is downloadable on a phone, PC, or any digital device. Bitcoin isn’t a currency governed by a central banking system.

It isn’t stored physically on any platform and deploys mathematical algorithms to protect a number stored in public and private keys. As complex as it may sound, bitcoin is not a hard currency. It’s a convenient mode to pay or get paid.

Blockchain vs. Bitcoins

Blockchain is a technology. Cryptocurrencies like bitcoin use this for secure and anonymous transactions.
Blockchain supports transparency, whereas bitcoin operates anonymously.
Blockchain is extensive in use, whereas bitcoin is restricted to digital exchange currencies.
Bitcoin is used to transfer digital currencies, while blockchain allocates digital assets, proprietary information, rights, etc.

Explore Blockchain with Imarticus Learning:

Cryptocurrency is the future of the Finance sector. Fresher graduates, professionals, and executives must know the importance of investing in the best fintech courses in India. Imarticus Learning offers fintech certification programs that are a structured framework covering finance, technology, analytics, cloud computing, etc.

The programs help gain insights into the digital world of cryptocurrency. The online MBA program offered by Imarticus Learning delivers career-defining professional education while partnering with global leaders. The unique Ed-Tech expertise, industry insights, market understanding, operational excellence, and sprawling network impact learners.

MBA Fintech programs combine collaborative e-Learning, interactive coursework, and active networking opportunities. As a result, the students are empowered through the skills, knowledge, and experience needed for global competency.

The programs broaden career opportunities for learners in trade finance and gain a competitive edge over other professionals. With the modern industry turning highly competitive and dynamic, these world-class courses are designed with expert pedagogy for training and learning.

Send an inquiry for details on fintech courses in India through 24×7 Live Chat Support System.

You can also visit one of our training centers based in – Mumbai, Thane, Pune, Chennai, Banglore, Hyderabad, Delhi, Gurgaon, and Ahmedabad.

How To Empower Your Applied FinTech Knowledge Like Never Before?

Posted on June 28, 2021March 22, 2024 by Imarticus Learning

Introduction

Building a career in Fintech can be done if the efforts are integrated towards one direction. The Fintech industry uses finance and technology to bring about a financial revolution in the traditional ways. Financial Technology that is popularly known as Fintech has taken off pretty well in recent years.

Three core trends that have led to this disruption

Several factors have led to the emergence of Fintech globally. If you want to build a career in Fintech, you need to understand how these factors have contributed to the growth of Fintech. Some Fintech courses in India will give you an in-depth understanding of these three essential factors:

Equity in Investment Banking Technology: If you are opt-in for Fintech courses online, you will know that the driving force of the concept is technology. With the help of technology, Fintech companies run several complex operations on different platforms.

Customers: Customers have become a driving force in the Fintech Industry. The expectations of a typical consumer have increased for banking services. With Fintech, consumers feel a lot more empowered and are harness.

Regulation: After the 2008 crisis, banks have become stricter on compliances. Therefore, several apps have into the picture that has made regulation easy and have given rise to several Fintech companies.

You can take up several Fintech courses online to understand how the Fintech industry has pivoted recently.

Application of Fintech

FinTech is known to have several applications. You can use your knowledge to improve several aspects of the economy. Some of these application areas are:

Providing better services: FinTech has brought about the necessary automation in banking services. Consumers now find it extremely easy to avail all kinds of monetary and banking services.

Better Branding: The integration of Fintech with other divisions of a brand has brought in a refreshing appeal to several brands. Large companies are now bringing Fintech to active use and are progressing at an exponential speed.

Cost-saving: With the integration of technology, the costs will eventually come down for companies. The activity which involved several men earlier can now be taken care of by a few people handling the technology.

You can take up several courses online to understand the applicability of the Fintech knowledge.

Future of Fintech

Fintech online courses in India The Fintech industry has been one of the most disruptive and transformative industries that the 21^st century has seen. However, this is just the start. The industry has a long way to go. Fintech will find use in industries that are currently untouched.

More start-ups will evolve in the country to make several financial transactions easier. The application of Fintech can only bring about this change.

Conclusion

With the growing popularity of the industry, now is the best time to upskill yourself. You can take up any course on Fintech under ‘Fintech courses India’ on the Imarticus website. The company offers courses on providing Fintech solutions and every other aspect of the fintech industry. The company allows you to pick a course where you can learn at your own pace.

Blockchain: The Numerous Career Prospects It Offers, And Skills Required To Build A Successful Career

Posted on June 14, 2021March 21, 2024 by Imarticus Learning

The market for blockchain experts is booming. Since the arrival of Bitcoin, blockchain has been an attractive technology for companies all over the globe.

From healthcare to finance, companies in nearly every industry are looking to apply blockchain and get ahead of their peers.

The following article will shed light on various issues related to this technology such as what is blockchain technology, how does blockchain works, how to become a blockchain developer, and much more.

What is blockchain? How does blockchain work?

Blockchain is a particular kind of database. It stores information in blocks and whenever new information is added to the blockchain, it is entered into a new block. While a traditional database has one owner of the information, a blockchain stores information with multiple users, which makes a huge difference.

Whenever a new block is added to a blockchain, it is given the exact timestamp. One of the biggest highlights of blockchain is it offers decentralization. This means a central authority doesn’t have control or ownership over a blockchain network. Instead, all the users share authority and ownership.

Every node in such a network has a complete record of the data. This allows the system to function smoothly even if one node gets disrupted. That’s because if a node will get corrupt or disrupted, other nodes will have the necessary data to continue the process.

One of the most popular applications of blockchain is Ethereum.

What is Ethereum blockchain?

Ethereum is a popular cryptocurrency that uses smart contracts for completing transactions. To understand what is Ethereum blockchain, you should be well-acquainted with Hyperledger and smart contracts. You can learn about them while preparing to become a blockchain developer

How to become a blockchain developer?

Now that you know what is blockchain technology, we can discuss the process of becoming a blockchain developer.

Blockchain developers are responsible for building blockchain-based solutions for their organizations. They are familiar with the fundamentals of blockchain, cryptocurrencies, and their applications. The demand for blockchain developers is on the rise because this technology is relatively new but has many applications in various industries. Companies want experts who can help them build and maintain blockchain-based solutions.

To kickstart your career in this field, you should get a blockchain course. A course in this subject will help you study its various concepts and test your knowledge through projects and assignments.

A Blockchain online training would also let you study directly from industry experts so you can resolve doubts quickly and avoid getting stuck on complex topics. Another advantage is that completing a blockchain course would certify you as an expert in this subject.

Recruiters are always on the lookout for certified professionals in this sector because certification shows the person is highly skilled and well-acquainted with the subject.

Conclusion

Blockchain is certainly a revolutionary technology. It has made a huge impact on the finance and tech industries and companies are actively working towards utilizing it further.

There’s a bright scope for blockchain developers in India. If you’re interested in becoming a blockchain developer and want to learn what is blockchain, check out this blockchain course offered by Imarticus.

https://imarticus.org/how-imarticuss-future-learning-program-carved-a-career-in-fintech-industry-an-interview-with-abhilash-chatterjee/

The 5 Most In-Demand Skills In The FinTech Industry!

Posted on May 31, 2021March 21, 2024 by Imarticus Learning

If there is one field that is growing at a rapid pace and which also has a lot of scope for students in India, it is fintech. Short for financial technology, it has revolutionized the way we manage our finances in a short span. Whether it is small-scale investments or corporate finance, fintech has managed to provide better solutions like mobile banking, wallets, UPI, and other IT-driven financial services.

This is the same reason why a fintech career is one of the most sought-after paths for aspiring students today. But with that aspiration comes the question of specialization. What skills to master? And what fintech courses to take?

Here’s help in the form of a starter guide about the 5 most in-demand skills in the industry.

1. Strong Understanding of Programming Languages

Knowing the basics of coding and having a working knowledge of at least one major programming language is essential to even enter the world of fintech.

And when you do enter, just knowing a language is not enough. A fintech career requires you to innovate in that language and come up with solutions to modern problems. This is only possible if you know the language (or languages) inside out.

Some of the most common languages used in fintech are JavaScript, Python, and SQL. You can learn more about them through easily available fintech courses online.

2. Mathematical and Analytical Skills

You have to be very sharp with numbers.

Some people have a natural way with numbers and that is expected in any student who wants to make it big in the fintech industry. In addition to accountancy and bookkeeping skills, you also need to be strong with charts and graphs and mathematical analysis. Tech tools involved in fintech are extremely useful and knowing how to use them even more critical.

3. Blockchain Skills

An intermediate-level expert in blockchain has a better chance of nailing a fintech job interview than a financial expert. Why?

Because fintech companies are looking for talent who have a bend with technology. Since blockchain is considered the next big thing in online security and privacy, experts in the subject are in demand.

This makes blockchain a hot skill and something that you should study on the side as you prepare for your fintech career.

4. Cybersecurity Skills

Another in-demand skill for your fintech career is related to cybersecurity. This is obvious because security is one of the most crucial aspects of fintech. A company creates a mobile wallet app, and one of the most important things it needs to ensure is the safety of its users’ private information.

With the constant threat from hackers looming, companies need to make sure that their products are secured with top-notch technology. This is where your cybersecurity skills come into play.

Knowing existing security standards such as the FIDO alliance, two-step verification, strong authentication, and other related concepts then becomes paramount.

5. Machine Learning and Deep Learning

Last on the list is machine learning, which is one of the most in-demand tech skills in general. The world is still trying to make communication between computers and humans free-flowing, and having one more expert getting involved in it is a welcome move.

If you are a finance student, it would be good to expose yourself to such tech concepts as you try to build a fintech career in India.

The recent change in the high school education framework of India further makes fintech an appealing path. This is because students can now take two more years to decide on their interests and start focusing on specific employable skills from early on. Start now and enroll in a fintech course today.

The Vast Scope of Cryptocurrencies Beyond Bitcoin

Posted on May 20, 2021March 26, 2024 by Imarticus Learning

Cryptocurrency is becoming a global phenomenon, although there is vast unexplored potential. There are thousands of cryptocurrencies that exist, but most of us only know about Bitcoin.

While Bitcoin has out-performed many other cryptos, but others are safer to invest and learn from. This post gives you an idea of how cryptocurrency is more than Bitcoin and changing the landscape of Fintech and other industries.

Crypto and Bitcoin:

Cryptocurrencies have existed since the 1980s, but most people learned about them after the advent of Bitcoin. Founded in 2008, Bitcoin has taken us on a roller coaster ride of epic proportions and created many “new rich” since its inception.

While only a few know where Bitcoin in the future, some experts believe that Bitcoin may acquire value in the coming years, but it’s doomed to fail. This prediction calls for learning related to Bitcoin, the other types of cryptocurrency, and how they revolutionize various industries.

Some Ways Blockchain is Revolutionizing FinTech

Blockchain technology is best known as technology fortifying cryptocurrency. Bitcoin, Ethereum, and other 4000 cryptocurrencies operate via blockchain, making it one of the most vital innovations in finance. Here are four ways blockchain is revolutionizing fintech.

Creation of digital ledger

Through time-stamping every transaction and chronological recording, blockchain digitally logs the life cycle of money as it flows. This is important to the banking and accounting industries, as it improves the efficiency of record-keeping, reduces the amount of time and costs involved in manual ledger-keeping.

Protection against fraud

Being decentralized, no one has control of blockchain and can’t be altered. This means a blockchain can log a complete, unchangeable financial record of every transaction, offering huge protection from fraud. Blockchain provides more accountability and eliminates chances of scams.

Removal of third parties

Due to heightened security errors, third parties are impossible in a blockchain because of a decentralized network. Transactions on a blockchain are automatically validated, and you get rid of every layer and pay for what matters.

Democratize money management

The most strategic use of blockchain in fintech has been cryptocurrencies, which allow holding money without a bank. The digital wallets have a private key needed to send and spend crypto and a public address to receive payments. No bank is holding the money!

Blockchain, Cryptocurrencies, and MBA programs

The cryptocurrency craze has brought around many Fintech courses, ranging from blockchain and crowdfunding to peer-to-peer lending and Robo-wealth-managers. Among the popular demand is, of course, blockchain at the top of must-learn lists.

If you’re a FinTech enthusiast, you don’t want to be caught napping while competitors gain an edge through up-skilling. To be a professional, well-versed in fintech, you need to look for banking and finance courses after graduation, courses related to Trade finance or Financial Accounting that enhance your knowledge of Blockchain.

MBA online education and online courses in blockchain tech and cryptocurrencies can boost your knowledge on the subject.

Imarticus offers MBA online education with course frameworks with in-depth learning on subjects like Financial Accounting, Trade finance, Blockchain, and cryptocurrency. Industry experts design the programs to gain better business insights, communication skills, domain expertise, and management skills.

If you’re looking for a banking and finance course after graduation, with an aim to land in the Fintech industry, Imarticus has excellent offers. To learn more about Financial Accounting, Trade finance, and Blockchain courses, go through their course catalog today!

Related Aticle:

https://imarticus.org/want-to-start-a-fintech-career-heres-your-ultimate-guide/

Where to Find Your Next Affordable Fintech Course?

Posted on April 9, 2021March 22, 2024 by Imarticus Learning

Fintech (Financial Technologies) is rapidly transforming a plethora of industries today. From wealth management to mobile banking, investment apps, blockchain & cryptocurrency, Fintech innovations are improving various spheres of the financial sector by introducing new methods and automating the traditional ones.

By integrating artificial intelligence and data science, fintech companies make financial services fast, secure, and efficient. The innovations are expanding to numerous territories of businesses, resulting in a wide expansion of this industry.

Careers in Fintech

As the industry is swiftly evolving, so are its career opportunities. Fintech offers a range of exciting job roles to people with a knack for finance and technologies. People with creative abilities and planning and research skills are a great fit for a valuable career in the fintech industry.

Some of these careers include:

Product Manager
UI/UX and Graphic Designer
Data Scientist
Cloud Management
Product Engineer
Business Analyst
Blockchain Developer
Compliance Expert
Cybersecurity Analyst, etc.

Courses in Fintech

To pursue a career in Fintech, one needs to have in-depth knowledge about this industry. For this, you can do a Fintech course.

There are many Fintech courses in India offered by different institutes. These courses will teach you the basics of Fintech and the current trends and practices in the financial service industry which will increase your chances of getting a job in this industry.

Though these courses are important, a lot of them can fall too heavy on your pocket, creating hurdles in your path to becoming a Fintech professional.

If you are looking for an affordable Fintech course that offers you comprehensive guidance on all the concepts and practices of Fintech, then Imarticus is the right choice for you.

Imarticus Learning – Fintech Courses

Imarticus Learning is a leading technology-led educational institution offering pro degrees and certificate courses in a variety of industries. For Fintech, Imarticus offers two programs namely-

Fintech pro degree in collaboration with Rise Mumbai
Fintech certificate course in association with SP Jain School

The programs dive deep into the concepts of Fintech and provide students clarity on several areas such as analytics and machine learning, robotic process automation, blockchain, design thinking and experiential learning, etc.

Fintech Pro Degree Program

The Fintech pro degree program is a 125-hour online program that follows an industry-centric curriculum thoroughly. Some of the modules of the Fintech pro degree are:

Batch Launch
Introduction to Fintech
Fintech for Managing Capital: Allocation of Capital and Insurance
Fintech for Managing Capital: Access to Capital
Fintech for Managing Capital: Management of Capital

Fintech Certificate Course

The Fintech courses Online is available in two modes- Core and Pro. The core program will be of 100 hours duration and the pro program will be of 140 hours.

The core program will cover a broad spectrum of Fintech concepts with group mentorship. Some of the modules of this program include:

Introduction to BSFI & Fintech
Digital Transformation & PRA
Cloud Computing & API Economy
Blockchain & Beyond

The pro program is focused on providing extensive knowledge with individual mentorship. Some modules of the pro program are as follows:

Payments – Consumer & Wholesale
Use of Technologies in Payments & New Business Model
Lending – Consumer & Wholesale
Use of Technologies in Lending & New Business Model

The fee for the Fintech certificate course is:

Core: INR 2,00,000

Pro: INR 3,00,000

For better affordability, Imarticus Learning offers students three different options to pay the fee which includes;

Full payment with a 10% discount, that is,

Core: INR 180,000

Pro: INR 270,000

Interest-free education loan with EMI starting from as low as INR 16,667 per month.
Payment of fee in two installments.

Perks of Pursuing Fintech Programs with Imarticus Learning

Imarticus Learning offers students unique Fintech pedagogy, industry partnerships, access to their Fintech community along with the certificate/degree of the course on completion. Join today to secure your successful Fintech career!

How The Fintech is Transforming Everyday Life?

Posted on April 3, 2021April 1, 2024 by Imarticus Learning

What is Fintech?

The Finance industry has undergone some massive transformations to improve the delivery of financial products and services to customers. The evolution within the financial services industry has been nothing less than phenomenal. One of the most impactful developments in this segment is the Fintech sector that has totally revolutionized the banking and finance industry.

Fintech is the amalgamation of finance and technology that helps to overcome all the challenges of the traditional banking sector. Fintech is among the most rapidly growing industry and the Best Fintech Course in India is in huge demand in the contemporary.

The Fintech industry is all about leveraging cutting-edge technology to solve traditional banking problems and help with financial inclusion. It is generally used by businesses to manage their day-to-day financial operations and processes.

It initially denoted the use of technology on the backend of financial institutions but slowly developed into a new segment altogether that is more effective in providing financial solutions to businesses and individuals. From retail banking to fundraising and investment management it includes all major aspects of banking and financial services.

Impact of Fintech on everyday life

Now that we have a fair idea as to what the Fintech segment is all about, let’s delve deeper into how Fintech is transforming everyday life.

Easy banking solutions

Gone are the days where people used to take a day off to conduct their banking-related activities. Long queues are a thing of the past and now one can easily avail all the banking features from the comfort of their home using their smartphones. Fintech has simplified banking and changes the way we operate altogether.

From making online payments for e-commerce purchases to availing loans with just a few clicks, Fintech has simplified our lives by transforming the banking segment. Personal banking-related services have been much more efficient and convenient to avail. You can even check your financial data at any time of the day.

Blockchain & Cryptocurrency

Cryptocurrency will shape the future of the finance and banking industry. The core technology at the heart of cryptocurrency is blockchain. Blockchain first became evident to the world when Bitcoin was introduced. Blockchain has other significant uses in the finance industry related to security and other purposes.

A cryptocurrency is a form of digital money that uses cryptography to secure transactions. Digital currency makes the transfer of wealth far easier between two parties. The highly decentralized nature of blockchain makes it almost impossible for users to cheat the system and carry out any fraudulent transactions.

Affordable investment advisors

The Fintech industry uses cutting-edge technology to overcome traditional financial challenges. Traditionally the investment advisory services were limited to high net worth individuals and businesses. A major reason for this was the high-fee structure of investment advisors.

The growth in the Fintech sector has made Robo-advisors more accessible and affordable to provide advisory related services by using sophisticated algorithms. Robo-advisors have shown significant improvement and perform equally well. In the coming future, more companies will deploy Robo-advisors to provide investment guidance to customers on a large scale.

Fintech is among the most rapidly growing industries as the demand for Fintech products and services is on the rise. Fintech provides a better way to do financial transactions and also does it economically saving time and money both for the customers.

Fintech careers are among the most sought-after career options in the contemporary and the demand for Fintech professionals will continue to grow in the near future.

One can opt for a Fintech course from reputed institutions like Imarticus Learning and gain practical knowledge and skills to excel at the job.

Imarticus Learning also provides a job assurance to the candidates with the top players in the industry.

What Are The Best Sources To Educate Yourself About Cryptocurrencies?

Posted on September 5, 2019June 17, 2022 by Imarticus Learning

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 September 4, 2019June 17, 2022 by Imarticus Learning

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.

Fully Utilize Fintech to Enhance Your Business

Posted on April 14, 2019December 9, 2022 by Imarticus Learning

Fintech is the word evolved through the merging of “Finance” and “Technology”. As the word suggests, the term implies the development of the financial department in any business through technology. Though the word is a new addition to the Oxford dictionary, it is a dynamic and evolving part of business procedures.

It is an undeniable fact that like any other field, the world of business cannot go ahead without the tools of technology. Fintech courses have made the world of business and money transactions a more cohesive and transparent space against the traditional methods of banking, accessible to a maximum number of people because of greater internet expansion.

So how does one utilize this technology to enhance one’s business? Awareness is the first need. One must be increasingly conscious of the different developments made in the world of financial technology while data is a democratized commodity. While keeping a tab on other financial entrepreneurs, one must notice the critical technology involved in a specific process.

Keep your eyes open to the world of app development used for economic interactions and also to the growing platform of social media to expand your business. Not only is it an essential approach for the large growing industries but also a boosting option for smaller start-ups. Thus, whatever be the level of your business- keep a note of the following Fintech-utilization tips to boost it forward.

Artificial Intelligence has expanded the horizons of Fintech. The right investment in the right technology can open doors to your business for various customers. Techniques are developed every day, and web developers keep working on algorithms and apps which can be beneficial for your business if you utilize them with the right innovation.

New products come to birth through such creative ventures, which can create the required hype for your business. Crypto-currency, for example, is an area of growing interest in financial investment, and its growth depends on its transparency with data available to any investor. The most important feature to determine the success of your product will be the accuracy on a real-time basis.

Financial inclusion is another critical aspect of utilising Fintech. Your product will be appreciated well if it reaches the economically weaker sections of the society who are otherwise deprived of greater luxuries of finances. Make your product reach these nooks and gaps of the broader economy. For example- mobile payment apps have significantly become popular because of their use among household transactions at the minimum of the local level. In turn, these apps have also developed links with banks which has benefitted not only the app’s business but also the convenience of its customers.

At this point, one must note that your innovative Fintech product should not aim at going against the traditional banking finance, but instead merge with them to enhance each other’s capacities. Try to develop associations with the existing trustworthy banks to increase your credibility points in the market. Safety and security are often significant concerns in the online exchange of financial data.

The privacy of an individual customer should be held with the utmost regard. Third party frisking of data may lead to hackers exploiting data, and this may cause a massive rupture in the development of one’s business. Therefore, one cannot take any risk with data security measures and must always keep a tab on them.

Finally, utilise the pre-established platforms of social media to expand your business or your product. Not only will you reach a guaranteed set of followers but also a realistic chance to be popularized through them. Let the world spread the excellent work that you do!

Tag: cryptocurrency