The subdued rise of blockchain in India
December 31, 2020
Lack of knowledge, unavailability of regulatory body among reasons for curtailed growth of blockchain technology
Blockchain technology is still in its nascent form in India. For a lot of industries in the country, it is still a concept that is yet to be understood.
As per a report released by Nasscom last year, titled ‘NASSCOM Avasant India Blockchain Report 2019’, majority of the mid- and large-service providers have less than 5 per cent of blockchain projects in India, which is low when compared to their projects in other geographies such as North America and Europe. Even among blockchain start-ups, while venture capital investments worldwide were as high as $5.6 billion, India was able to attract only 0.2 per cent of them. Furthermore, India accounted only for about 2 per cent of all the blockchain start-ups, globally.
It s raining jobs in crypto industry after bitcoin rally
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Synopsis
CoinSwitch, Bitex, ZebPay, Unocoin and CoinDCX are among those hiring for roles across technology, product, finance, compliance and design. They are scaling up team sizes by 40-200%.
Reuters
Kolkata | Bengaluru: The cryptocurrency craze and Bitcoin’s more-than-200% surge to trade at record $23,000 levels this year - is fuelling a hiring spree in India s cryptocurrency exchanges and startups. CoinSwitch, Bitex, ZebPay, Unocoin and CoinDCX are among those hiring for roles across technology, product, finance, compliance and design. They are scaling up team sizes by 40-200%.
According to companies, 2020 has been a good year for the crypto industry, not only in India where the Supreme court, in March, reversed an RBI ban prohibiting banks and entities regulated by it from providing services in relation to virtual currencies, but also globally, with a rising interest both at the retail and institution
Bitcoin surge fuels hiring spree in crypto industry
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Synopsis
CoinSwitch, Bitex, ZebPay, Unocoin and CoinDCX are among those hiring for roles across technology, product, finance, compliance and design. They are scaling up team sizes by 40-200%.
Reuters
Kolkata | Bengaluru: The cryptocurrency craze and Bitcoin’s more-than-200% surge to trade at record $23,000 levels this year - is fuelling a hiring spree in India s cryptocurrency exchanges and startups. CoinSwitch, Bitex, ZebPay, Unocoin and CoinDCX are among those hiring for roles across technology, product, finance, compliance and design. They are scaling up team sizes by 40-200%.
According to companies, 2020 has been a good year for the crypto industry, not only in India where the Supreme court, in March, reversed an RBI ban prohibiting banks and entities regulated by it from providing services in relation to virtual currencies, but also globally, with a rising interest both at the retail and institutional le