Kerala to produce 20,000 blockchain experts in next 2 years

Share on facebook
Share on google
Share on twitter
Share on linkedin
Time to Read: 2 minutes

Kerala will produce 20,000 blockchain professionals in the next two years, in what could be a major revolution in this emerging technology in India

Organised by the Kerala Blockchain Academy (KBA) in association with Allianz Technology, India, the event saw industry leaders making a strong case for leveraging potential of blockchain technology for public through capacity building and promoting research, development and entrepreneurship.

Keralawill produce 20,000 blockchain professionals in the next two years, in what could be a major revolution in this emerging technology in India, according to a top official. “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,” State IT secretary M Sivasankar said here. He said this while inaugurating the second edition of the two-day conclave-‘BlockHashLive 2019’ which began here on Thursday.

Organised by the Kerala Blockchain Academy (KBA) in association with Allianz Technology, India, the event saw industry leaders making a strong case for leveraging potential of blockchain technology for public through capacity building and promoting research, development and entrepreneurship. “Blockhash Live has been a great learning platform for us. We use this platform to check what we have achieved, our learning and future footprint,” Sivasankar said.

Described as the most promising cutting edge technological innovation after the advent of Internet, Blockchain technology provides a tamper-proof and immutable data storage system and transparency in digital applications. It has the potential to disrupt business domains such as cyber security, banking services, insurance, trade finance and retail by performing quicker, secure and transparent transactions, he said.

Related Article  Walmart Files Patent for Blockchain-Backed Drone Communication

Saji Gopinath, Director, Indian Institute of Information Technology and Management – Kerala (IIITM-K), emphasized on the importance of bringing together blockchain experts across the world to discuss the business potential of this new age technology.

Dignitaries at the inauguration spoke about the significance of blockchain system in various industries with collaborative opportunities in leveraging the technology for public good, and positioning Kerala as the countrys blockchain hub.

(Disclaimer: The opinions expressed in this column are that of the writer. The facts and opinions expressed here do not reflect the views of www.xtechalpha.com.)

Leave a Reply

SUBSCRIBE FOR XTECHALPHA NEWS AND RECEIVE WEEKLY UPDATES

Xtechalpha Xclusive

RSS Latest Technology News

  • YouTube says exclusivity deal with Activision "further demonstrates its dedication" to livestreaming January 26, 2020
    Activision Blizzard has finalised a deal that makes YouTube its "exclusive worldwide third-party provider" for livestreaming. The "multi-year strategic relationship to power new player experiences" sees Google Cloud serve as the "preferred provider for ...
    Vikki Blake
  • Review: Houdini Sportswear's Power Air Houdi January 26, 2020
    At WIRED, we often have microplastics on our minds. But in between debating whether to carry bamboo or stainless steel utensils to reduce waste or comparing the merits of different travel mugs, we often overlook an important source of microplastic waste: ...
    Adrienne So
  • LPL suspends League of Legends matches due to Coronavirus outbreak January 26, 2020
    China's League of Legends Pro League has called off their upcoming week 2 matches and expressed safety risks following the spread of the ongoing Coronavirus outbreak. The recent outbreak of the Coronavirus, which is believed to have originated in ...
    Daniel Cleary

Follow Us

Kerala to produce 20,000 blockchain experts in next 2 years

by Puneet Time to Read: 1 min
0
AI Tool to Reshape Treatment by Predicting Cell Behaviors
Get to know the latest updates on exponential technologies, new age industry segments with our weekly XTechalpha Xclusive newsletter straight in your mailbox.