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Tag: fintech courses

What is Blockchain Training?

Posted on by Imarticus Learning

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

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

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

What is blockchain technology? 

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

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

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

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

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

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

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

Features of Blockchains:

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

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

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

Skills that can be acquired:

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

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

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

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

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

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

What Do Start-Up Investors Like or Dislike About Start-Ups?

Posted on by Imarticus Learning

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

A range of investments and funding given at the right time helps start-ups push their business forward. Since digital is becoming the core of every business, start-ups especially in fintech have great products or services and are looking for investors. Business plans, goals, and an ability to take risks will influence an investment through VC or angel funding. With the rise of blockchain, AI, data analytics the startups will also see growth.

Here are a few things about startups that investors look for when they are looking at investments.

Strong Team and Good Product
With technology comes an abundance of ideas. However, all ideas are not feasible. When investors are looking for the right start-up to invest in, they look for an experienced team and a demand for the product. If there is a growing demand for a good product to hit the market and it looks stable for the next coming years, investors are likely to put their money behind it provided all other criteria are met.

They will evaluate how big a market share your business will get in the next decade or so.  The credibility of the team that has worked on the product or service also becomes an important evaluation criterion.

Credible Business Plan
Investors need to know everything that there is when it comes to a start-ups workings. Whether it is the marketing budget, working capital, production of services and products. In other words, investors need to understand where their money is going or how is it going to be spent.

Many start-ups are now deploying a small amount of investment towards fintech training so that the workforce is ready for scalability and deployment. It is not just good enough to have a product or a service, but there must be enough people who can know and sell it. Thus, fintech training comes a long way in such a scenario.

Passion and Hard Work
Needless to say, passion and commitment towards the business go a long way to get investors to put their money behind the business. A clear vision and a drive to accomplish that vision go a long way in getting the investors confidence in the business.

A team that is passionate and driven to accomplish the goals of the company tirelessly will impress any investor. Apart from this a knowledgeable team who have the required skill-set also add value. Undertaking training and programs especially certifications such as fintech prodegree will also help.

Conclusion
Data management, Artificial Intelligence and cloud, have seen massive adoptions in major industries across the world, leading to growth in start-ups. Innovative start-ups who receive funding at the right time are able to scale the business to successful heights.  Due to this, there will be the creation of new jobs and roles within organizations thereby leading to economic growth.

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

Posted on by Imarticus Learning

 

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

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

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

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

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

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

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

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

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

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

Wrapping up:

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

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

Posted on by Imarticus Learning

 

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

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

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

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

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

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

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

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

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

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

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

How did Fintech do in 2018 in India?

Posted on by Imarticus Learning

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

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

  • The banning of Cryptocurrencies

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

  • The Growth in Mobile Wallets

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

  • Increase in Online Lending Platforms

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

  • Collaborations between traditional banks and Fintech companies

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

Are Fintechs Really An Enabler For The Traditional Banks

Posted on by Imarticus Learning

Fintech or Financial Technologies is the new branch of technology that aims to improve and automate the delivery of financial services. In the beginning, Fintech was employed for the back-end applications of the financial institutes.

But, since then, the technology has taken a diversion towards the consumer-oriented services. Fintech is expected to change the face of the banking sector in the next two decades. Whenever a new technology is introduced, a battle for the market domain is typical between the old guards and new entrants. The story is not different for Fintech.

So many organisations are out there with an opinion that Fintech is going to make a negative impact on the traditional banking services. This article discusses how the Fintech is going to act as an enabler to the traditional banks rather than being a challenge.

The Technological Challenges: Past and Present

In the past, the financial institution has proven to be slow towards the innovation. Yet, showing great resilience towards the challenges in the past. More than 450 attackers such as digital currencies, networks, wallets etc. attempted to challenge the traditional institutes in earlier days. Fewer than 5 of them have survived to the date. Other than PayPal no one has really disrupted the banks.

But the time has changed. The modern markets and new generation banking customers are promoting the new age financial services. Various reports are suggesting that millennials are more faithful towards the Fintech companies than the traditional banks. The expectations of customers are on the rise, and it is favouring the Fintech companies. With the evolution of the digital economy, the rise is expected to continue.

In short, the transformative forces are seemingly unstoppable with the current social environments. The traditional banks need to elevate their digital experience to survive. However, a complete one-on-one competition between traditional banks and Fintech companies is not going to take place.

The Collaboration

The progress brought by the Fintech companies presents large opportunities for the traditional banking institutes. Rather than disrupting each other, a collaborative movement can benefit both banks and Fintech companies. Following are the few important ways how Fintech can be used to improve the banking services.

Reduced operational costs – The efficiency of staff and other elements can be increased through Fintech thereby reducing the operating cost.

Expansion – The limitations of the legacy systems can be overcome through the Fintech. This competitive advantage can be used to expand the organisation into foreign markets and new customer segments.

Revenue Growth – The Fintech can be used to scale the less capital-intensive business such as insurance and wealth management.

The Fintech also needs these collaborations to succeed. The regulatory challenges and difficulties with scaling the customer base are a great barrier for Fintech companies to overcome. Many researchers believe a “better together” policy is going to profit both players rather than a stealing business strategy.

Clearly, the young generation of banking customers is in need of a better digital experience. It has led the traditional banks to collaborate with these Fintech companies. With banking giants recognizing the potential of this new branch of technology, the demand for well-equipped experts is expected to reach new heights. You can prepare for this lucrative opportunity ahead through various Fintech courses available.

Should You Do Masters in Fintech or Digital Marketing? Why?

Posted on by Imarticus Learning

Fintech and Digital Marketing are the latest buzzwords in new professions. These are coming-of-age roles ushered by the advent of the internet. Since the internet is the go-to medium for every geography and demography, creating the medium first and then the content has become a large and significant part of this eco-system.

Fintech

The study of technology that is related to finance is known as Fintech. Fintech comes as there placement from the traditional financial services. This technology is dedicated to improving the finance sector. Now it has to be noted Fintech is being used in established organizations and startups to have a growth in their financial sector. 

Thus a person with knowledge of Fintech courses is likely to get a job over a person who only knows the basics of traditional marketing. Some of the subjects that are involved in Fintech courses are:

Robotics
Machine Learning
Artificial Intelligence
Cryptocurrency
Advanced Analytics
Digital cash and open banking
Hadoop

Further, if you don’t have time to learn in all these subjects by attending an institution,then you can always opt for Fintech online courses. Some universities like the offer these courses online which comes with a 15-week time frame. 

Fintech online courses offered by this university focus on important areas like implications,valuations, risks, and startups.

Digital Marketing

The use of electronics and the internet to promote a business can be termed as digital Marketing.  In this type of marketing channels like email, social media, the search engine is used to attract traffic. Start-ups who need potential leads need digital marketing at all cost since they have limited resources and are fixed with a tight budget.Some of the courses that are available in digital marketing are:

Website planning
Search engine optimization
Lead generation
Social media  and email marketing
Knowledge of Blog through Ad Sense

Choosing the Right Program for Yourself

Digital marketing and Fintech both have their USPs but if a choice has to be made, then going with Fintech would be a better choice. The things that you will get to know by studying Fintech are all related to future employment. Nowadays companies are in dire need of hiring professionals who know robotics or data analysis. 

There are so many digital marketers but a very few people who have the knowledge of Fintech. Over the next few years,Fintech will have some massive growth and salaries for this job will reach sky high. 

Some of the companies now regret the fact they have invested too much in digital marketing rather than paying attention to Fintech.  Big data management is very important since the internet is growing at a nonstop rate, for this knowledge of Hadoop is important which is again offered by Fintech courses.  Furthermore, digital marketing is not as difficult as learning Fintech. So concentrating on a tougher course is a good option for being successful later.

Conclusion

From the above points, the reader gets a clear idea about both the courses and which one is better. While one is ruling the present market (digital marketing) the other is likely to rule the future market (Fintech).

Are Fintechs Really An Enabler For The Traditional Banks

Posted on by Imarticus Learning

Fintech or Financial Technology is the new branch of technology that aims to improve and automate the delivery of financial services. In the beginning, Fintech was employed for the back-end applications of the financial institutes. But, since then, the technology has taken a diversion towards the consumer-oriented services. Fintech is expected to change the face of the banking sector in the next two decades.
Whenever a new technology is introduced, a battle for the market domain is typical between the old guards and new entrants. The story is not different for Fintech. So many organisations are out there with an opinion that Fintech is going to make a negative impact on the traditional banking services. This article discusses how the Fintech is going to act as an enabler to the traditional banks rather than being a challenge.
The Technological Challenges: Past and Present
In the past, the financial institution has proven to be slow towards the innovation. Yet, showing great resilience towards the challenges in the past. More than 450 attackers such as digital currencies, networks, wallets etc. attempted to challenge the traditional institutes in earlier days. Fewer than 5 of them have survived to the date. Other than PayPal no one has really disrupted the banks.
But the time has changed. The modern markets and new generation banking customers are promoting the new age financial services. Various reports are suggesting that millennials are more faithful towards the Fintech companies than the traditional banks. The expectations of customers are on the rise, and it is favouring the Fintech companies. With the evolution of the digital economy, the rise is expected to continue.
In short, the transformative forces are seemingly unstoppable with the current social environments. The traditional banks need to elevate their digital experience to survive. However, a complete one-on-one competition between traditional banks and Fintech companies is not going to take place.
The Collaboration
The progress brought by the Fintech courses presents large opportunities for the traditional banking institutes. Rather than disrupting each other, a collaborative movement can benefit both banks and Fintech companies. Following are the few important ways how Fintech can be used to improve the banking services.

  • Reduced operational costs – The efficiency of staff and other elements can be increased through Fintech thereby reducing the operating cost.
  • Expansion – The limitations of the legacy systems can be overcome through the Fintech. This competitive advantage can be used to expand the organisation into foreign markets and new customer segments.
  • Revenue Growth – The Fintech can be used to scale the less capital-intensive business such as insurance and wealth management.

The Fintech also needs these collaborations to succeed. The regulatory challenges and difficulties with scaling the customer base are a great barrier for Fintech companies to overcome. Many researchers believe a “better together” policy is going to profit both players rather than a stealing business strategy.
Clearly, the young generation of banking customers is in need of a better digital experience. It has led the traditional banks to collaborate with these Fintech companies. With banking giants recognizing the potential of this new branch of technology, the demand for well-equipped experts is expected to reach new heights. You can prepare for this lucrative opportunity ahead through various Fintech courses available.

How to Start a Career in the Blockchain?

Posted on by Imarticus Learning

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

Education in the Blockchain Technology

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

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

Distributing Computing Theory And Its Applications

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

Reach Out the Blockchain Community

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

Make Your Own Path

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

The Skills You Need To Excel In This Fintech Era!

Posted on by Imarticus Learning

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