Blockchain and cryptocurrency is a space that is not fully explored in India due to government restrictions and a hefty tax regime on VDAs
Contrary to the popular belief, Indian youths are actively participating in building the foundational blocks of the blockchain industry
It is not only the center of technological innovation but also one of the biggest consumers of technological products. India is an aspirational market and still has space for more players to cater to the ever-growing needs.
Blockchain and cryptocurrency is a space that is not fully explored in India due to government restrictions and a hefty tax regime on VDAs. Despite this, Indians are at the forefront of blockchain innovation and India is home to one of the largest crypto trading communities.
This not only creates an opportunity for crypto businesses but also generates a dire need for blockchain professionals. From blockchain devs to operational managers, and from NFT artists to finance journalists, the industry has adequate space to accommodate a large number of crypto professionals.
Contrary to the popular belief, Indian youths are actively participating in building the foundational blocks of the blockchain industry. Some of the best projects in the Industry including Polygon MATIC and Zanmai Labs are based in India. India’s most popular cryptocurrency exchange, CoinDCX also one of the major blockchain talent seekers in the industry.
Apart from cryptocurrency, India has a vast scope for blockchain adoption in other sectors of the country. This includes:
Supply Chain Management
Media and Advertising
Travel and Transportation
And many more. Even though the rate of blockchain adoption can significantly differ for different sectors, it can change the way we interact with data altogether. With the right regulation from the government, the industry can move towards mass adoption and open the gates of new job opportunities.
In this series of Jobs and Crypto in India articles, we will be covering almost all aspects of blockchain adoption in India. Thus, to know if blockchain could be a lucrative career option for you, stay tuned with CoinGabbar.
Also, Read - Hong Kong to Introduce New Crypto Licensing Regime