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Jobs in the blockchain sector are in high demand in India and Bengaluru leads in terms of opportunities in this sector, says a report. According to data from leading global job site Indeed, Bengaluru is the leading city for those seeking job opportunities in the blockchain sector, with over 36 per cent of all the blockchain job postings in India. It is followed by Mumbai, Hyderabad, Pune and Chennai, making up the top five destinations for blockchain careers in the country. The report further noted that New Delhi and surrounding regions such as Gurugram, Noida, and Mohali also see a share of job postings in the sector. However, the volume does not compare to their southern counterparts, it noted. “Technology hubs like Bengaluru and Hyderabad continue to lead, while the national capital region is also seeing a fair share of interest in the sector. With the global market for blockchain-related products and services is expected to reach USD 7.7 billion in 2022, there are sure...

Cryptocurrency exchanges in India are thinking about challenging the RBI’s order which bans entities under its regulation from providing services related to cryptocurrencies. Startups including Unocoin, Coinsecure and Zebpay have expressed their reservations with the order and are considering to mount a legal challenge in the Supreme Court. Coinsecure said that they were talking about the issue with industry stakeholders like Blockchain and Cryptocurrency Committee of India and the Internet and Mobile Association of India. Jincy Samuel, Chief Operating Officer of Coinsecure said, "We, along with the other industry players are in talks with IAMAI and BACC to see if they could help us in getting a hearing at the Supreme Court to see if stay orders are possible on the current decision of the RBI." However, Samuel accepted that the central bank’s order will affect their services and investors will be left with alternatives to move to an alt-to-alt trading or...

India’s first blockchain network has gone live. After years of announcements and pilot projects, the country has finally implemented a solution for blockchain operations.  The blockchain-based network is developed by three platforms that offer trade Trade Receivables Discounting Systems (TReDS) - Receivables Exchange of India, A.TReDS, and M1xchange. These platforms are using blockchain in enterprise financial segment. Receivable financing is considered as the most efficient trade finance mechanisms for small businesses. Blockchain can help in this sector to provide a common platform that is not controlled by any financial institution. The security and confidentiality promise to reduce frauds around receivable financing. The blockchain network is built on Hyperledger Fabric that does not rely on cryptocurrency to operate. Kalyan Basu, CEO of TReDS said, “Our clients are particularly sensitive about their sourcing inputs, and we absolutely could not broadcast any o...

Here is the son of an ex government employee from Shalimar Bagh of Delhi, who currently owns a house in Dubai’s Burj Khalifa, one of the tallest building in the world. However, this is not one of the magnificent stories of a middle-class man becoming very successful. It’s quite something else on the whole. Amit Bhardwaj, a former software developer with Infosys and stock broker, is suspected to have fled to Dubai after conning an estimated amount of Rs 2,000 crore through a Ponzi scheme based on bitcoins, the mostly unregulated digital ‘cryptocurrency’ that has been became popular with its sharp spike in value. Bhardwaj, whose businesses are reported to have a turnover of millions, now faces fraud cases in a number of states, with investigative agencies struggling to get him back to the country. The ‘scam’ As of April 1’s evening, one bitcoin was valued at just over Rs 4.26 lakh. But in 2017, the value exceeded Rs 10 lakh. Under Bhardwaj’s scheme, an investor purchasing o...

r Recently, the thought of the H1B visa is being extremely scrutinized in the public square of the world's most sparkling IT hub. Anti-H1B posters have been put in famous Bay Area Rapid Transport (BART) train stations, which travel through the centre of San Francisco Bay Area. The posters will remain there for no less than an entire month in the midst of the new H1B filing season which opens 2 April through an advertisement campaign worth of $80,000. BART is one of the busiest rapid transport systems in the US with an average of around 425,000 everyday passengers and approximately 124 million yearly passengers in the 2017 financial year. As per Bay Area newspapers, at least three stations — Civic Centre, Oakland's 12th Street and 19th Street are marquee locations. Sponsored by Progressives for Immigration Reform, this anti H1B advertisement campaign is setting off the fumes among the sentiments of anti-immigrants that put Trump into the White House. Twit...

There are plenty of concerns about the impact of AI and automation on the IT industry. The Indian companies are worried about losing quality revenue due to emerging automation technologies. Indian IT industry heavily relies on Business Process Management (BPM) services that require low skilled professionals. However changing nature of BPM and IT industry, evolving skill profiles and cyber security have created new opportunities for the IT firms. Keshav Murugesh, CEO of Mumbai-based WNS Group believes that companies need to adopt disruptive delivery models to retain the customers. People think that all traditional IT businesses will fall off the cliff and BPM companies will go down. But by adopting disruptive delivery models, BPM companies can still impress and interest new clients. WNS Group operates from 13 countries and employee 35,000 employees. The company is trying to get clients outsource work that is strategically done. New-age competition According to Muru...

Speaking at the two-day-long Uttar Pradesh Investors' Summit 2018 in Lucknow, Reliance Jio chairman, Mukesh Ambani, on Wednesday (February 21) expressed his support for Prime Minister Narendra Modi's "dream" of transforming the state. During his speech at the summit, which aimed at showcasing investment opportunities and potential across various sectors in Uttar Pradesh, Ambani said that ensuring Uttar Pradesh's development is his "patriotic duty", and promised increased investment in the state.  Here are the key takeaways from his speech: Jio to invest Rs 10,000 crore in infrastructure: Reliance Jio became one of the biggest telecom operators in the country overnight after Mukesh Ambani owned Reliance Jio invested Rs 2.5 lakh crores in setting up a state-of-the- art 4G network. However, a major chunk of this investment was used by the company to make inroads into the most populous state of the country - Uttar Pradesh. However, despit...

Staying on top is one of the key factors for business and technological innovation. And with over 600 unique programming languages, deciding on the best programming language for your project may be difficult, and can be the hardest part in the initial development phase. And to help, here’s our list of the top 10 potential programming languages to learn in 2018, to help decide the best programming language to use for your project is to evaluate your project needs. 1. Swift: More popular than Objective-C, this is the language for developing native iOS or Mac OS apps, and is the programming language with the most potential for reshaping the future. Native apps have been found to outperform cross-platform hybrid apps, and SpriteKit makes it even easier to build 2D games. Indeed, it builds itself on the successes of C and Objective-C without the constraints of compatibility. It was heavily influenced by Ruby and Python, and is considered user friendly and fun to use. Opera...

Demand is off the charts for blockchain talent, and the capital is waiting to back it up. More than $3.7 billion has been raised through ICOs in the United States alone. Blockchain-related jobs are the second-fastest growing in today’s labor market; there are now 14 job openings for every one blockchain developer. And as Nick Szabo, the developer who coined “smart contracts,” pointed out, there is an extreme “ $/knowledge ” ratio in the blockchain space, where capital by far outpaces talent. Today,  Toptal , a marketplace for on-demand tech talent, is publicly launching their  blockchain engineering talent vertical  out of private beta. In today’s software development landscape, Toptal represents about 50 percent of on-demand engineering labor by revenue. Requests for on-demand blockchain talent are skyrocketing. Last year, freelance talent marketplace  Upwork  saw blockchain rise to the fastest-growing skill out of more than 5,000 skills in terms of free...