What is the Scope of Blockchain Technology in India as a Blockchain developer?

blockchain technology

When it comes to technology, India has always managed to appear as one of the frontrunners no matter which domain it is. The IT experts from this country work across the globe and easily find their place due to their skills, diligence, and low-cost as well. The same thing is happening with blockchain technology as well and there is a huge number of developers and programmers emerging from this country who are well-versed with it. As we all know that India is one of the major hubs where IT and ITES services are outsources. Besides that, there is a huge number of professionals who find their places in top-notch companies in the world and it is now much easier to hire blockchain developer.

Rise of technology with many opportunities

Be it Satya Nadela, Sundar Pichai, Shantanu Narayan or thousands of immigrant workers who strive hard to get a working visa in countries like the USA, we produce the highest number of tech professionals in the country. Now when we talk about blockchain, it is emerging and making its place firm in every industry at a very quick pace. As a result, there are a large number of entrepreneurs who are trying to adopt this technology into their business. And when that happens, a lot of work gets outsourced in countries like India where you can find the reasonable quality of coding and cheap developers. Therefore, it won’t be wrong to say that the blockchain developers in India rather have a very bright future.

And it is not just some theory which is not yet materializing, the biggest leaders have also supported this technology and encouraged its usage in different industries. Recently, at the conference of the 4th industrial revolution, the Prime Minister of India, Mr. Narendra Modi clearly said that the impact of blockchain technology is going to be huge on the country’s economy. He also said that it is going to be a major source of employment in the country. The best thing about blockchain is its adaptability in every business since it can be customized, it can be implemented in a large ilk of ventures.

Watch the video of Prime Minister Narendra Modi talking about blockchain:-

Assuring a bright future for Indian Techies

That’s exactly what’s happening right now and India is probably the country that has received the highest number of blockchain-based development projects globally. With this technology, the techies of this country have got a chance to prove their worth and earn hefty once again. This technology is making India an all-new hub of programmers and developers who are in-demand across the globe. If you are an aspiring developer and learning blockchain, stay rest assured that you will be able to earn much more than you are expecting right now. Because the value of blockchain developers is increasing rapidly and so is their number.

Blockchain technology streamlines the working any enterprise, it makes transactions very effective and any business can afford it. That’s the reason a great number of startups have started to integrate this framework into their platform. No matter if it’s a website or a mobile app, it can be embedded into any piece of software with minimum or no flaws. The only condition is, you need to have a trained professional to develop this program. Therefore, the education of decentralized technology is also growing steadily. Several institutes and IT companies are now training their employees on the blockchain. If you are trained in this technology, then you surely have a bright future in India.

Make the most of this technology revolution

In the last few years, the number of blockchain projects coming to this country has significantly increased. As per the estimates, the total worth of these offshore projects is going to be $7.7 billion by 2022. It is a huge figure which is coming out of a single domain which is still considered fledgling. What matters is, it is flourishing everywhere and for the Indians, it is a way to become the most valuable professionals in the world. In the next few years, the value of blockchain education is also going to reach its peak. Therefore, it is best for aspiring developers to indulge in this technology right now. It is definitely taking the overall value of the developers of this country much higher than it already is.

The job opportunities are going to be massive as it has been indicated by the biggest leaders and most prominent technocrats. The government of India has taken a very stern stand against the usage of cryptocurrency, however, it has totally welcomed the implementation of blockchain in every sector. It was also indicated in the union budget speech delivered by the then Finance Minister Arun Jaitley in the year 2018. Thus choosing a career as a blockchain developer is probably the best decision an IT student can take right now. Still, the students need to be careful before choosing the institute or company for training purposes. They need to understand that not every institute is willing to deliver a true learning experience.

Upshot

There are many companies and institutes that want to profiteer from this heightened and hitherto dormant awareness about blockchain. As the students are becoming aware of this technology, they need to choose the place of learning very carefully. That’s because their future will depend on it and they could end up paying a hefty amount for a futile program which gives them no result. Therefore, choose wisely and broaden your chances of success with blockchain technology, it is going to become the biggest boost for Indian students’ career. And it is surely going to make them a precious asset for every industry.

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