Blockchain is a powerful technology with applications in fields such as cryptocurrency, healthcare, insurance, government, music, identification, supply chain, data management, and many more. By understanding the fundamental mechanisms that power blockchain, you can join the conversation and discover use cases for blockchain in your own life and work.Start learning with us ACTE Blockchain Classroom & Online Training Course.
Blockchain is a new kind of digital technology that supports data transparency and decentralization. Due to its extensive features, it is applicable in various industries like Banking, Healthcare, Finance, etc. According to Glassdoor, the pay scale of a Blockchain Developer is $76,526 Per Annum, and it may vary depending upon the experience.
In the current day and age, there are endless opportunities for blockchain developers as umpteen number of jobs with handsome salaries are available. The demand for blockchain developers is now at an all-time high. Being considered as the second most demanded skill in the market after robotics specialists, blockchain development/engineering will only grow higher in popularity. This is not just speculation. With blockchain technology becoming more and more in demand in industries such as business and finance, the companies in these sectors want to hire blockchain developers and architects to provide them with an edge over their competitors.
As per the industry stats, most hiring is happening for the below roles:
- Blockchain Developer
- Blockchain Quality engineer
- Blockchain legal consultants
- Blockchain designer
- Blockchain Project Manager.
YES,Top companies across the globe like Microsoft, IBM, Intel, JP Morgan, etc are applying blockchain and recruiting blockchain developers in large numbers.In India, Reliance, Yes Bank, Bajaj Electricals are also actively employing blockchain technology in many of their operations. The distributed ledger system helps to reduce costs.
We are happy and proud to say that we have strong relationship with over 700+ small, mid-sized and MNCs. Many of these companies have openings for Blockchain.Moreover, we have a very active placement cell that provides 100% placement assistance to our students. The cell also contributes by training students in mock interviews and discussions even after the course completion.
- Blockchain and Bitcoin cryptocurrency
- Concepts and relevance of Blockchain
- Blockchain network
- Introduction to Bitcoin mining
- Using Blockchain to perform transactions
- Introduction to smart contracts
- Languages used in Blockchain contracts
- Deploying transactions on the Blockchain node
- Working on real-world Blockchain projects
Anyone with a technical background and a fair understanding of programming concepts can be successful in this Blockchain technology course. Prior knowledge of the following technologies including Linux Fundamentals, Node.js Fundamentals, BlockchainScript is recommended.
yes,It doesn't require prior programming experience.Good knowledge of -Cryptography,Networking concepts,Distributed databases,Any programming language concept good if Blockchainscript,Basics of cloud computing since azure and amazon came in the game.,Basics of linux commands
Our courseware is designed to give a hands-on approach to the students in Blockchain . The course is made up of theoretical classes that teach the basics of each module followed by high-intensity practical sessions reflecting the current challenges and needs of the industry that will demand the student's time and commitment.
Yes,If you are someone who wants to go into sectors such as banking, real estate transactions or even in the field of recording trademarks and copyrights to prevent plagiarism in music, arts and more, you can totally take the advantage of blockchain technology.Blockchain technology is slightly lukewarm at the moment, in terms of returns. However, soon it would be a booming industry and thus the knowledge of which will open many doors and opportunities in the future.If you are someone who is super interested in technology and its various facets, you can become a core blockchain developer and be involved in the protocol design, architecture development, and other aspects.
Blockchain is a vital area of many IT job roles and gaining the applicable expertise and passing Blockchain exams in this area will greatly enhance your employability.
Its better to select ACTE which comprises these below factors.
- Appropriate training with well Equipped facilities.
- Technical Blockchain certifications
- Complete knowledge in the Blockchain
- Technical theory
- Mock Interviews
Blockchain allows you to build interactive websites.Blockchain has become an essential web technology along with HTML and CSS, as most browsers implement Blockchain . Thus, You must learn Blockchain if you want to get into web development, and you must learn it well if you're planning on being a front-end developer or on using Blockchain for backend development.Furthermore, Blockchain usage has now extended to mobile app development, desktop app development, and game development. All in all, it has exploded in popularity and is now a very useful skill to learn.
Here are a few reasons for you to pursue a career in Blockchain :
- Hands-on engagement with the best-Engineering platform in human history.
- A sense of mission and higher purpose
- The emergence of agile Blockchain Developers
- Enterprise applications are multiplatform/consultants
- community support and training.
- Build a lucrative career.
The Future Scope of Blockchain Technology in Expert Eyes
Blockchain technology has a lot more up its sleeve. It’s more than just a medium of digital assets. Often hailed as the disruptive technology, its use encompasses more than just Bitcoin. Blockchain in agriculture is being used by big companies.
The endpoint isn’t to create a product, but to remodel a business framework. Blockchain offers data transparency, something that agriculture badly needs. Considering pricing issues, inventory, and health concerns are always on the line, blockchain can bring more convenient and more efficient solutions than industry has now. Walmart’s Food VP of Food Safety Frank Yiannas describes the current traceability system as costly and impractical. A decentralised public ledger can empower all stakeholders with accountability and avoid risks in the end.
Blockchain in retail is expected to raise the highest revenue. Blockchain as the leading tech towards innovation, blockchain can make transactions and payments faster and more convenient. MarketsandMarkets research stated that blockchain in retail could grow up to $2.339 billion by 2023.
Estimated Blockchain Value in Big Industries
- ReportLinker stated that blockchain in manufacturing “is expected to be worth USD 30.0 million by 2020 and USD 566.2 million by 2025, growing at a CAGR of 80.0% from 2020 and 2025.”
- ReportLinker also stated that blockchain in agriculture “is estimated to be valued at USD 60.8 million in 2018 and is projected to reach USD 429.7 million by 2023…”
- PRNewsire published a research by MarketsandMarkets saying blockchain in the retail market “is expected to grow from USD 80.0 million in 2018 to USD 2,339.5 million by 2023…”
- Nick Tomaino from Coinbase stated that “crypto gets from $200 billion to several trillion on just that [speculation].”
Other Countries Are Taking Blockchain As Disruptive Technology
- China, Japan, and South Korean have been keen on the future scope of blockchain technology. South Korea called it one of the technologies to lead another industrial revolution, along with big data and artificial intelligence.
- Jack Ma from Alibaba emphasized that China is the world’s leading country in manufacturing. And he notes the importance of blockchain in manufacturing industry. China is shifting towards automation and smart manufacturing industries to optimize their production and distribution of products.
- He stated at the World AI Conference in 2018 that “AI, Blockchain and IoT will be meaningless tech unless they can promote the transformation of the manufacturing industry, and the evolution of society towards a greener and more inclusive direction.”
What’s Stopping Blockchain Adoption?
Although Blockchain is sweeping industry investments, blockchain can’t fully integrate into the mainstream market. PricewaterhouseCoopers (PwC), a big time international network of companies of professional consulting and auditing, stated that blockchain’s biggest hindrance is proper regulation.“Businesses tell us that they don’t want to be left behind by blockchain, even if at this early stage of its development, concerns on trust and regulation remain. Blockchain by its very definition should engender trust. But in reality, companies confront trust issues at nearly every turn.”The regulating entities for blockchain are so tight with the technology, that the laws are inhibiting the early capabilities of blockchain adoption. Considering it is still in nascent, controversies, experimentation failures, and skepticism reduce it to what it is today.”
Blockchain Adoption: The Next Thing After the Internet
- Blockchain adoption controversies are often compared to the dot com bubble. Internet in its early stages faced the same amount of criticism. When it began, convenience and ease of use was greatly compromised. Back then, the world wasn’t as digitally literature as we are now. And the same thing is being seen in blockchain.
- Tokenization and crypto assets are being considered the next thing after the internet. With the Internet of Things coming into play, everything is being turned into data. And blockchain is the best framework for it. Anything that involves data needs a trustworthy technology to back it up.
The Value of Blockchain Among Big Industries
- With all things considered, blockchain in retail is seen with the highest value at $2.3billion by 2023. Blockchain in agriculture expects $429.7 million by then. Manufacturing predicts a $566 million investment in blockchain. With the other industries like finance, energy, education, etc. expecting the same increase in numbers.
- The increased interest among big companies in these industries is helping pioneer mainstream blockchain adoptions. Its capabilities border in speculation, but these companies are investing and speculating enough to risk millions.