Kerala to produce 20K blockchain experts in next 2 years

KOCHI, Dec 13: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 withAllianz 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.

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. (PTI)