Cryptocurrency is doing quite well in India and there are major happenings taking place in the field of digital currency in India. If we analyse the skillset, then currently about 5000 software developers in India have the necessary skillset to work on crypto projects. There are about 10,000 developers who are all set to be trained to be a part of the crypto projects.
This study was recently conducted by an HR company known as Belong. The company emphasized that about 30,000 developers who have worked in the back-end roles will require extensive training to be a part of the crypto projects.
The developers who can work on the crypto projects need to have the necessary skill in cryptography, algorithms and data science. If the developers do have the necessary skill, then they can truly look forward to a bright future in the field of digital currency.
At the moment many companies are keen to enter the crypto space so it seems that the skills of these competent software developers can be well-utilized. The real challenge for most of the companies is to find these developers who have the necessary skillset and can utilize their skills in the best possible way.
The training is bound to make a lot of difference. If the developers are trained well, then this will help to establish the Crypto space in India and the crypto industry will prosper in India. There is no denying the fact that digital currency market is growing at a massive pace. This was recently endorsed by the freelancing website Upwork as well.
Upwork recently revealed that Blockchain industry contributes to the 20 fast growing jobs. The developers should make sure that they cash on this opportunity in the best possible way. They should dig down into the skills that are required to achieve success in this industry.
One more thing that the developers need to keep in mind is that the competition will also increase along with the opportunities so one thing is quite clear and that is there is no place for the second best in this situation.
If things go right, then India is bound to experience a boom in the digital currency industry and competent developers will benefit from this industry. However, things need to be planned well so that there are no hurdles for developers who want to be a part of the crypto projects.