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Calcutta-Based Institute To Educate Blockchain Specialists

12:04 28/02/2019
Indian Institute To Train Blockchain And Fintech Specialists

The Indian Institute of Management from Calcutta, together with an educational site TalentSpirit, developed an enhanced program for studying blockchain and innovative financial technologies, The Asian reports.

 

The course is designed for specialists from the sphere of management and banking who want to learn more about the impact of blockchain and other technologies on the financial ecosystem. The start of training is planned for May 2019 and will be held both at the university, for residents of Calcutta, and on the TalentSpirit online platform for students from other countries.

 

Professor Indranil Bose, the head of the program, emphasized that most of companies from banking sector believe that lack of such specialists poses a serious threat to their future. He added that the initiative is going to prepare 2000 professionals over the next several years.

 

It is noted that more than 1000 companies around the world have recently invested over $100 billion in DLT-based and fintech projects. In turn, India is striving to become the fintech hub of the world — as estimated by the local ministry of information technology, only in August 2018, residents of the country made almost 2.5 billion digital transactions.

 

Earlier, India introduced a plan to integrate blockchain into the work of banks. Since the state has not yet developed the regulation of the DLT sphere at the legislative level, banks will be guided by a set of protocols for cooperating with each other. Their activity will be overseen by regulators.

 

Within a month, Indian authorities must approve crypto regulation.

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