Indian website Hirred.com is scheduled to launch next month. The website will offer job-seekers a platform to apply for their dream jobs. The blockchain sector is growing at an unprecedented rate as governments all over the world are looking to utilize this technology for various purposes.
India is ranked sixth in blockchain patents.
Initially, the blockchain sector was growing only in developed countries like the USA and China, but over the last few years, the demand for blockchain developers also increased in countries like India, mainly because of regulatory push. Currently, India is ranked sixth in the world when it comes to blockchain patents. IT and Services, Computer Software, Financial Services, Hospital, and Healthcare are top industries using this technology.
Note: The remuneration for blockchain developers is double as compared to the average software engineer.
Blockchain Developer is the top emerging job in India.
According to a Nasscom Blockchain report, startups in India are involved in over 50% of the blockchain projects across different industries. A recent LinkedIn report revealed that blockchain developer was the top emerging jobs in India. The other emerging jobs in India include:
- Artificial Intelligence Specialists.
- Robotics Engineer (software)
- Cybersecurity Specialist
- Python Developer
Kerala to produce the most number of blockchain developers in India
The Southern state of India, Kerala, has announced to establish Kerala Blockchain Academy which will provide the students with the necessary knowledge and training in blockchain operations. The academy aims to produce more than 20,000 blockchain developers in the next two years. Major companies like Alliance Global and Tata Consultancy Services have already established development centers in the capital city of Kerala.
India’s biggest company enters the blockchain sector.
Earlier, the CEO of Reliance, Mukesh Ambani, announced that they will install “one of the largest blockchain networks in the world in India. Reliance is India’s largest company in terms of revenues. The entry of Reliance into the blockchain sector would result in thousands of new jobs in the sector. Currently, most of the jobs regarding this technology are in New Delhi, Hyderabad, and Bengaluru.
Major Indian banks collaborate to launch blockchain-linked funding for SMEs.
Eleven of the major banks in India have collaborated to launch India’s first blockchain-linked funding for small and medium enterprises (SMEs). Some of the banks that are participating in this initiative are ICICI, Axis, HDFC, Kotak Mahindra, YES Bank, Standard Chartered, and State Bank of India.
Several blockchain initiatives are being executed by the public sector.
According to the Nasscom report, currently, more than 40 blockchain initiatives are being executed by the public sector in the country. Out of those, about 92% are in pilot/proof of concept phase, and about 8% of projects are in the production phase.
Note: Telangana and Andhra Pradesh are leading in terms of blockchain adoption in India.
The jobs in the blockchain sector are constantly growing, and the numbers in the coming years are only expected to grow. Hiredd.com that is scheduled to launch next month, will offer job-seeker and employers a platform to connect. The platform will offer free job alerts in india. According to several reports, the demand for blockchain developers is higher than there are actual candidates that have the necessary skills to perform the job, and that might be a problem that needs to be addressed by the government and education sectors.