According to LinkedIn’s 2020 emerging jobs report, there is an increasing demand for blockchain developers in the country. Over the last few years, blockchain technology is being used in many fields all over the world, including shipping, health care, and cross border settlements
Blockchain developers are in demand.
To be a blockchain developer, one needs skills like hyperledger, node.js, and smart contract. Most of the blockchain jobs in India are in cities such as Bengaluru, Hyderabad, and New Delhi. According to data from the World Intellectual Property Organisation, India was among the top filers of blockchain patents in 2018. AI specialist is the second emerging job in India, according to LinkedIn data.
India continues to oppose cryptocurrencies
India recently became the first country to launch a blockchain-enabled solar power trading. The country is adopting blockchain technology while it continues to oppose decentralized cryptocurrencies. Recently, the governor of Reserve Bank of India, Shaktikanta Das, denied any possibility of allowing private digital currency. The RBI had previously prohibited all banks in the country from providing any services to crypto exchanges. The ban is being challenged by the crypto community of India in the Supreme court. But India is looking into central bank-backed digital currency.