Blockchain is one of the hottest technologies of this century. From revolutionary uses in the healthcare and finance sectors to niche applications in legal tech, retail and real estate, India is now on its way to becoming one of the biggest blockchain markets in the world. The upward trajectory of this sector can be demonstrated with numbers — Blockchain spend in India has increased at 103.4% during 2018 to reach $154.8 million. Over the forecast period (2019-2025), spend on blockchain is expected to record a CAGR of 47.3%, increasing from $289 million in 2019 to reach $4,348.3 million by 2025. Many companies like Facebook are already implementing blockchain to safeguard the way their users exchange money.
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Recently, Sanjay Dhotre, Minister of State for Electronics and IT had said earlier this year, “Blockchain technology in India is one of the important research areas having application potential in different domains such as governance, banking and finance, cybersecurity and so on.”
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Blockchain Sector Has A Very Prominent Talent Gap In India
From private multinational companies to Central as well as State governments in India, the adoption and implementation of blockchain technology is gaining pace in the country. Earlier this month, Union Minister Ravi Shankar Prasad inaugurated a new Centre of Excellence in Blockchain Technology in Bengaluru. It will facilitate various government departments in their blockchain work, leading to large scale deployment of blockchain applications.
But the key question is — with the public and private sector jumping on the blockchain train, is there enough talent to fill this gap? Industry insiders suggest that it is slightly easier to get developers to build applications, but getting persons who have token programming, cryptography and full-stack development knowledge to build applications from scratch is a challenge. In fact, one of the band-aid methods of approaching this problem in India is working with freelancers from Russia and China.
No More Quick-Fix Solutions
Blockchain is now being adopted exponentially across Indian enterprises, irrespective of the size or scale of operation. The demand for blockchain developers was initially hindered by a lack of understanding about the technology and minimal available resources for professionals — particularly developers — to learn more about it. However, this scenario is now changing in India with the help of programs and courses which are helping professionals upskill themselves.
One of the critically-acclaimed programs in India is by IIIT Hyderabad Blockchain Center of Excellence and TalentSprint which offer the Advanced Certificate Program in Blockchain and Distributed Ledger Technologies. This 18-week program brings participants a hands-on learning experience through IIIT Hyderabad campus visits, weekly live online interactive sessions, hackathons, capstone projects, mentors and an exceptional peer group. With a spotlight on a practitioner-focused syllabus, this program makes sure that the participant masters blockchain beyond cryptocurrency.
The Program
The 18-week course called Advanced Certificate Program in Blockchain, and Distributed Ledger Technologies ensures that the student becomes industry-ready, as the curriculum focusses on escalating a participant from a professional with just a programming background, to a blockchain practitioner. The year 2020 will see the sixth cohort of the program designed by IIIT Hyderabad and TalentSprint.
Confidence To Bet On The Knowledge: One of the key strengths of the program is the fact that the students not only become practitioners of blockchain, but they also gain such in-depth knowledge that they can start their ventures. For example, some of the noted names in the startup space like ZeroBlocks, AsliMedicine and PharmBlock have been founded by the program alumni. Sundeep Reddy, Cloud Ops Engineering Specialist and an alumnus says, “By the end of the program, we were confident to build our applications.”
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Peer-To-Peer Networking: It is a truth universally acknowledged that knowledge could not be limited to textbooks and scripted syllabus. While books and curriculum have a place of great importance in any education, nothing can beat the hands-on experience a student gets from discussing problems and trying to find innovative solutions with peer-to-peer networking. This programme by IIIT-H and TalentSprint has seen classroom peers turned into friends, who then evolved into partners for various ambitious and brilliant projects.
Hybrid Format: TalentSprint’s hybrid platform delivers unique onsite and online experiences that help build cutting-edge expertise for the students while ensuring that they are engaged as well as untroubled enough to study. This hybrid format consists of three visits to the IIIT Hyderabad campus, along with living online classes.
Career outcomes
With an eminent institute like IIIT Hyderabad creating the course structure, this program is bound to be a great solution for any candidate who wants to make a career in blockchain and its allied sectors.
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This 18-week hands-on program has live online sessions and includes three visits to IIIT Hyderabad, with a focus on crucial topics like:
- Creating tokens
- Building smart contracts
- Implementing digital wallets
- Being able to launch decentralised apps
- Related hackathons and capstone projects
The program outcome for the participants will include:
- Expertise in blockchain and distributed ledger technology
- Hands-on PoC experience across major blockchain platforms
- Exposure to blockchain use cases across domains
- Advanced certification from IIIT-Hyderabad Executive Education
Program at a glance
Duration: 18 weeks
Course Type: Hybrid format with live online sessions and 3 IIIT-H campus visits
Total Fees: ₹2,00,000 + GST
Financial Aid: Flexible EMI options available
Certification: IIIT Hyderabad
Eligibility: Tech Professionals with at least one year of work experience and coding background
