Blockchain became the talk of the town with the rise of cryptocurrency. Since then, this transformative technology has come a long way, citing its potential applications in fintech, logistics, healthcare, education, and even in legal tech.
According to a report published by the Bank for International Settlements (BIS) in January 2019, around 40 central banks worldwide might consider experimenting with Central Bank Digital Currency (CBDC). With the depth, extent, and progress of the same vary, it is safe to assume that we will see a surge in CBDCs over the next decade.
Blockchain has been gaining popularity all across the globe. In India, many industries have already started leveraging the benefits of this distributed ledger technology and many others are already developing path-breaking solutions based on blockchain. With every passing day, this technology has been making its presence felt in different ways.
Blockchain experts have something of value to contribute anywhere and everywhere. Surveys by the popular social media platform, LinkedIn, reveals that Blockchain is the most in-demand hard skill across the globe.
“The small supply of professionals who have this skill are in high demand. “
~ The Skills Companies Need Most in 2020, LinkedIn
Living in the rapidly evolving tech-driven economy, it has become imperative to understand the impact of transformative technologies that are disrupting the global business environment. And whenever we talk about such innovation, Blockchain is one subject that invariably finds its way into discussions and debates. The amount of information surrounding this emerging technology is endless and sure to cause information overload. While it continues to find a firm footing, the uncertainty surrounding its value addition has also raised a lot of misconceptions and speculations.
Blockchain is a new technology. Whoever has the first mover advantage will be ahead in their career.” says a Participant of IIIT-H | TalentSprint Blockchain Executive Program