Since the uproar of Bitcoin as a digital currency, 'What is Blockchain?' hardly became a question that needs to be answered. Blockchain is uncontrolled by any single entity. It is a decentralized digital ledger that proves to be tamper-proof. Based on this Blockchain concept, we are closer to building smart cities.
The transparency of Blockchain makes it useful for various industries, such as finance, supply chain management, and voting systems, where secure and transparent record-keeping is essential. As a promising technology for almost all industries, the potential use of blockchain technology is unlimited.
Scope
Why Learn Blockchain Technology?
Career Opportunities: The demand for blockchain professionals is rapidly increasing. Since new uses of Blockchain opened up opportunities in fields like finance, supply chain management, and software development.
Decentralized Technology Understanding: Make use of the potential of decentralized technology and its applications in various industries.
Improved Security: This technology provides a secure way of storing and exchanging data. It helps individuals and organizations improve their data security practices.
Increased Transparency: In fields like finance, this technology can help individuals and organizations increase transparency in their operations.
Investment Opportunities: Cryptocurrency opened new aspects of investments that mark this field's growth.
Interoperability: Blockchain can facilitate cross-border transactions and data exchange, making it useful for global industries.
Diverse Applications: Blockchain has the potential to impact various industries, from finance to healthcare to supply chain management, providing opportunities for professionals to work on impactful projects.
Industry Growth
Increased Investment: Venture capital firms and large corporations investing in blockchain startups and projects.
Widespread Adoption: From finance and healthcare to supply chain management are making space to adapt this technology.
Government Support: Many countries are investing in research, development, and implementing blockchain-based solutions.
Industry Trends
Decentralized Finance (DeFi): Used in decentralized financial applications like lending, borrowing, and trading platforms.
Non-Fungible Tokens (NFTs): NFTs are unique digital assets stored on the Blockchain. They are used in digital art, collectibles, and gaming.
Enterprise Blockchain Adoption: Experimentation of this technology for various applications, such as supply chain management, digital identity, and cross-border payments.
Artificial Intelligence (AI) and Blockchain: The integration of AI and blockchain technology is a growing trend, with the potential to revolutionize various industries, from finance to healthcare.
Technology:
Ethereum & solidity
Hyperledger
Cryptocurrency
Networking API
Smart contract
To make you understand different concepts of Blockchain and digital currency.
Develop smart contracts utilizing different blockchain platforms.
To make you understand how cryptocurrency works and Blockchain powers cryptocurrency.
Create your own Crypto Currency/Token in Ethereum and Binance Smart Chain.
Implementation on blockchain platforms like Ethereum.
Interest in learning Blockchain
Basic understanding of the internet.
Computer with Mac, Windows, or Linux OS