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John Kiguru
Dec 16, 2019

Indian State Announces Plans To Train 20,000 Blockchain Experts

Indian
In recent years, the blockchain industry has been buzzing. Likewise, blockchain-related jobs have been growing every year with demand at a peak. In fact, one of the highest paying careers right now is that of a blockchain engineer. Given this state, an Indian state has chosen to delve into this new industry in a big way. Kerala state officials announced over the weekend that they plan to train 20,000 blockchain experts by 2022.

M Sivasankar, the Information Technology Secretary, made this announcement explaining that the state needed to get ahead by ensuring they had the right manpower. Sivasankar noted:

“The coming two years are crucial for us as we plan to produce 20,000 blockchain experts. The emphasis is on enhancing the quality of manpower steered by young startup companies. This is a great opportunity for us to build expertise in next-generation technology and knowledge sharing.”

This initiative is likely to put the state and the country as a whole ahead of many other countries across the world. While the technology has been around for over ten years, it remains largely vague to many. Furthermore, its application has not reached its peak with its potential growth unhindered.

India joins the likes of leaders like China and the U.S who have fully embraced the technology. And looking to further its development. But unlike the U.S, India, and China seem to take the same approach to cryptocurrencies. Despite the fact that cryptocurrencies were the first application that shed a light to blockchain technology, India seems totally against them.

India's Stand On Cryptocurrencies

Everyone who has heard about blockchain technology has heard about Bitcoin or one of the thousands of cryptocurrencies. Cryptocurrencies were the first successful application of the technology and have since created a buzz. One would then be excused for thinking that a country that embraces blockchain technology embraces cryptocurrencies.

This is not the case in India. In fact, as we have reported, the country has on several occasions threatened to ban cryptocurrencies. There is yet to be a final word on this but it has been all too clear that the government is not a fan of Bitcoin or any other cryptocurrency.

Despite its stance on cryptocurrencies, its embrace of the underlying technology is a welcome one. It will further the growth of the entire industry and see new innovative projects come up in the years to come.

Indian State Announces Plans To Train 20,000 Blockchain Experts
John is an exceptional writer with a liking on technology, finance and the intersection of the two. A firm believer in the transformative potential of cryptocurrencies and the blockchain. When he is not writing, he likes to listen to Nas, Eminem and The Beatles.