India becoming Talent Pool for Blockchain
According to the Times of India report, Udemy e-learning marketplace has witnessed a 97% jump in enrollment for Blockchain courses. Enrollment for bitcoin have also doubled this year.
Elias Haase, founder of London-based blockchain startup B9lab stated, “ We launched our online learning platform in May 2016 and we’ve seen Indian developers sign up very early on. We count [IT] majors like Tata and Infosys among our customers.”
One of the examples of the big uptake in registration is when PrimeChain an Indian Blockchain startup was forced to restrict a free online course on Blockchain Basics Bootcamp after overwhelming response. “The response was tremendous and we couldn’t manage it. Hence we had to restrict this course only to personnel of BankChain members,” stated Shinam Arora, cofounder of Primechain.
The Times of India report also noted that LinkedIn data showed a 30% year-on-year increase in blockchain-related job postings. With a significant margin of 40%, India leads Australia as the largest pool of blockchain talent in the Asia-Pacific region. China, Singapore, and Japan all follow after, making the five countries home to 80% of the region’s blockchain engineers.
Earlier this year, the state of Kerala - the south of India – established the country’s second blockchain academy. Visa, the world’s largest payments network, expanded its blockchain technology development center in India last year, going from 400 engineers at launch in August 2015 to over 1,000 presently.