Why Is There A Huge Demand For Blockchain Developers In India?

Investors, who are professionally interested in the highly volatile cryptocurrency market, know about blockchain technology. Implementing blockchain technology to exchange cryptocurrencies, loans, assets, and many more has been a great hit in recent years. Meanwhile, not only the fintech industry has incorporated blockchain in its financial services, but also other industries such as EdTech, Agtech, healthcare, and many more have started the trend of transforming business processes with smart functionalities. Though India is not in a stable and legal position to deal with cryptocurrency, there are other industries that have started working on blockchain technology.

Since India is now instigated to reap the benefits of blockchain technology to enhance customer engagement and productivity, there is a huge demand for blockchain developers. There are five traditional engineering courses in Indian educational institutes for a long period of time. But recently, some of these educational institutes have started offering a specialization in blockchain technology. Aspiring blockchain developers can work for reputed companies and earn lucrative salary packages throughout the years.

Indian blockchain developers are needed in domestic companies to create a digital ledger of transactions that is impossible to hack or modify. Companies are embracing this cutting-edge technology to provide the utmost security to the stored confidential and sensitive data from cybercriminals. There is a huge spike in cyberattacks in computer systems, especially post-pandemic period. Indian companies have identified blockchain to be the next great generation of cutting-edge technology. It will revolutionize the entire process of conducting a business.

Thus, there is a huge demand for blockchain developers in India because there is an incredible career prospect in the tech-driven future. Indian blockchain developers should work on creating and improving blockchain technology protocols, designing a network with blockchain architecture for decentralized systems, and building blockchain-based online applications or DApps. There are two types of developers— core blockchain developers and blockchain software developers. Blockchain developers in India should have hands-on experience in programming languages such as Python, Javascript, and technologies like smart contracts, hyper ledger fabric, Ethereum, Bitcoin, Mist, Solium, and many more.