Blockchain technology was created just 10 years ago. And yet within this short period of time, it has created ripples across the industries. Many people think that blockchain and bitcoins are synonymous. But they are not. Even if bitcoin has a bad reputation, the regulators and industry leaders cannot overlook the usefulness of blockchain. The adoption of blockchain in the organisations and across various sectors is not a matter of ‘if’- it is a matter of ‘when.’ Blockchain is still in its early phase. Hence, the competition is less as of now. The price of blockchain courses is also within reach. If a student opts for blockchain courses today, his future will be quite bright. The implementation of blockchain is at its nascent stage. There will be a shortage of skilled blockchain developers during the initial years of blockchain development. So, the blockchain development courses today will make a candidate stand on his firm foot tomorrow.
UG and PG.
Academic qualification, Entrance exams
Duration of The Course
UG - 4 Years
PG - 2 Years
Average Course Fee
Rs. 6 to 7 Lakh
Rs. 2 To 6 Lakh
Blockchain Architect, Cryptocurrency Developer, blockchain Business Analyst, blockchain Solutions Architect, Cryptocurrency Mining Engineer
There are mainly undergraduate courses available on Blockchain. Although there are few postgraduate blockchain engineering courses available too as PG courses are in its nascent stage.
Undergraduate blockchain Courses:
Blockchain UG courses are offered as B.Tech degree courses in India. It is a B. Tech in Computer Science degree course with specialisation in blockchain and blockchain development. B. Tech in blockchain is a four-year course with special focus on the basics of blockchain technology and cryptocurrencies.
As said, blockchain is a new technology, courses regarding it are yet to be standardized. The B.Tech blockchain course of one institute differs from that of the other. For example, Sharda University focuses on how to fill the gap between theory and practical use cases of blockchain technology. On the other hand, the B.Tech CS - Blockchain course of Srinivas University is a thorough course that includes the fundamentals of blockchain development.
Another important thing related to the B.Tech CS with specialisation in the blockchain is that most institutes in India focus on Eterium and not on bitcoin in their blockchain curriculum. If someone is interested in studying blockchain with special focus on bitcoin, he must ensure that his chosen institute offers the blockchain course with a focus on bitcoin.
Post Graduate Course In CS - Blockchain:
Since this is a quite new subject, there are extremely few universities that offer Masters Degree In blockchain development. Amity Online offers a post graduate diploma course in blockchain in collaboration with eCornell. IIM-Calcutta is about to start a PG level blockchain course too. It seems, as of now the universities are focusing on B.Tech CS - blockchain Course.
In India, most B.Tech courses have a duration of 4 years. The same is the case for B.Tech CS - Blockchain. Blockchain development course as B.Tech is a 4-year course with 8 semesters. In most of these courses, the first 4 semesters focus on general computer science topics like IT applications, object-oriented programming, python, database management, data security, analysis of algorithms etc. with introductory lessons on blockchain and cryptography. From the third or fourth semester onwards the courses delve deeper into the blockchain and cryptocurrency technology.
The universities offering UG courses on blockchain development offer them under B.Tech Computer Science degree. In India, if a candidate wants to apply for B.Tech CS, he needs to pass the 10+2 exam with PCM subjects. Some universities require 50% marks in the 10+2 exam and in PCM subjects and some require 60% to 70%marks. Details are given above.
B.Tech Blockchain Development: Admission Criteria
The eligibility criteria are also not standardised for blockchain courses in India. Universities like UPES require a minimum of 50% marks in class 10 as well as in the higher secondary exam. The candidate also needs to secure a minimum of 50% marks in the PCM subjects in higher secondary. On the other hand, there are universities like Sharda University with tougher eligibility criteria - 60% in secondary and 70% in Higher Secondary with 60% marks in the PCM subjects.
Some universities also need the candidates to either sit for the recognised entrance exams like JEE Main or UPSEE or their own entrance exams.
Entrance Examinations for Admission in Blockchain Development Courses
Most universities offering B.Tech CS with blockchain Specialisation have their own entrance exams. Sharda has the SUAT exam. UPES has the UPES Engineering Aptitude Test. Some universities do not require entrance exams at all. Most of the universities offering blockchain UG courses also take into account JEE Main scores. A decent JEE Main score will help an aspirant avoid entrance tests of these universities.
Fees and Expenses of Blockchain Courses
Most reputed institutes charge around Rs. 6 to 7 lakhs for the B.Tech course with specialisation in blockchain. However, there are many universities and institutes that charge less - as low as Rs. 2 lakhs. Based on the research done, the minimum course fee for the blockchain UG course is Rs. 2.5 lakhs and the maximum course fee is Rs. 16 lakhs.
Top Institutes In India Offering B.Tech Blockchain
Here is a list of top-ranking institutes that offer B.Tech CS with a specialisation in blockchain. Bear in mind, this is not an exhaustive list. There are many other universities and institutes that offer blockchain development courses in the form of B.Tech.
Rs. 748870 for a total of 4 years, 8 semesters course.
Class 10 - 60% marks
Class 12 - 70% marks
PCB - 60%
Class 10 - 50%
Class 12 - 50%
PCB - 50%
A successful UPES Engineering Aptitude Test (UPESEAT)
Entrance exam not required if one gets qualified for JEE Main
or 80% marks in class 10th and 10+2 exams and 80% in PCB subjects in higher secondary
Ajeenkya DY Patil University
10+2 pass with 60% marks in PCB subjects.
45% marks in 10+2. Those who want to come through the JET route should have a minimum of 60% mark in the 10+2 exam.
60% marks in 10+2
Or minimum 1110 score in SAT or minimum 26 marks in IB exam along with JEE Main exam participation
Rs. 6,06,500 for Karnataka based students
Rs. 6,34,500 for students belonging to other states
45% in 10+2 exam with PCB subjects
This is where it gets interesting. Blockchain is an extremely promising subject. It has the potential to change the data management and data storage system from inside out. So much is the potential of blockchain that even the governments across the world are taking note of the usefulness of blockchain. Estonia, for example, has embraced blockchain at a national level with the judiciary, health and commerce departments using blockchain aggressively. Other countries where blockchain projects are moving into the next phase are the Netherlands, United States, Dubai and Malta, Israel, Sweden, Columbia, European Commission, and South Africa.
The top blockchain countries by project status, according to a survey done in 2018, are mapped in the following image:
This fairly gives an idea of the scope of blockchain development abroad. It is expanding and the growth will gain momentum in another next five years.
In India, however, blockchain technology is at a nascent stage; hence, the competition is low as of now. But it will become fierce very soon. People learning blockchain today will enjoy high demand in the coming years.
Following are the representative subjects of the courses offered by blockchain institutes in India:
blockchain - From Fundamentals to Application Development through Smart Contracts
Programming - Python, C++
Practical Aspects of blockchain
Security aspects of blockchain
In India, although the cryptocurrencies are looked at unfavourably by the regulators, the blockchain technology is favoured. Banks in India are trying to adopt blockchain to improve efficiency and reduce operational cost. Taking this trend into account, we can say job prospects in blockchain in India is reasonably high. Following are some of the areas where fresh pass-outs from blockchain institutes can expect to get a job:
Blockchain Development/Engineering- Blockchain development will be the most important job in the blockchain world. It is the engineers or the developers who help keep the wheel of IT systems running. Blockchain developers or engineers will be the one to make sure that the companies they will be working in can usher in the blockchain system without any hitch. The blockchain developers will design, develop, maintain and protect the distributed ledger system based on blockchain. They will be responsible for the smooth flow of transactions - be it financial transactions or other transactions.
Cryptocurrency Development - So a Cryptocurrency developer with storing knowledge in fiat currency is going to be a valuable asset for the government and other agencies of any country. Secondly, following the success of bitcoin, the market is flooded with other cryptocurrencies. Companies and individuals across the world are trying to replicate the success of bitcoin by coming up with new cryptocurrencies. A cryptocurrency developer with strong knowledge in blockchain can be useful to these agencies. He can come up with his own currency as well.
Blockchain Business Analysis - After completing a blockchain course, one can be a blockchain business analyst. His role would be to review the distributed ledger system of the organisations and suggest any areas of improvement and identify any security issues associated with cryptography, ledge system or the blockchain as a whole. This is an extremely important job that requires the same knowledge that a blockchain developer possesses.
Blockchain Solution Architecture - This is a job that requires both blockchain knowledge and people skills. The architect’s role would be to help companies visualise how they can implement blockchain to improve their efficiency and to improve security in work operations. This will not be a shallow consulting job. The blockchain solution architect has to identify exactly how a company can implement blockchain, what will be the operations cost, what will be the ROI and how much reskilling is needed.
Cryptocurrency Mining Engineering - The role of cryptocurrency mining engineers would be to identify how efficiently can transactions in the blockchain be recorded and verified. This is not the only responsibility of a cryptocurrency engineer. Today one of the challenges of implementing blockchain is the need of too much electricity and financial resources. A cryptocurrency engineer will try and find ways to maintain blockchain without much electricity and without many financial resources. So, he needs to be knowledgeable in quantum computing as well.
There are other variations of the jobs mentioned above. One can be a cloud engineer with blockchain protocol, a blockchain consultant or a blockchain research analyst after completing one of the blockchain courses from a recognised institute.
The job profiles that are currently in demand in the blockchain space are as follows:
Blockchain Architect/Developer: The role of the blockchain developers is to build, develop, maintain and secure the distributed ledger system based on blockchain. They make sure that flow of transactions - be it financial transactions or other transactions are kept smooth, secure and efficient.
Cryptocurrency Developer - There are two aspects to the cryptocurrency developer job:
bitcoin, although the most popular cryptocurrency, is shrouded in mystery. We do not know who Satoshi Nakamoto is. We do not know what will happen if he decides to bring into circulation the lakhs and lakhs of bitcoins that he has hoarded. We do not know if bitcoin will remain popular if the demand for bitcoin does not increase even after the halving. All these factors can affect the bitcoin world. bitcoin has the potential to shake the financial world - positively and negatively. So a cryptocurrency developer with strong knowledge in fiat currency is going to be a valuable asset for the government and other agencies of any country.
There are many companies who are trying to replicate the model of bitcoin … and its success. There are many companies who are interested to come up with a new cryptocurrency.
Digital Transformation Product manager: The blockchain-focused Digital Transformation Product Manager helps the companies visualise the positive things that they can achieve if they upgrade their traditional transaction storage system to a blockchain-based one. For example, he can pitch a blockchain-based ledger system to a bank by showing them the security and operations benefit.
blockchain Subject matter Expert: People have realised the exciting possibilities that come with blockchain. However, there is a lack of teachers who can teach the hows and whys of blockchain to the students. Without great teachers, there will be a shortage of employees skilled in blockchain development in the future. So the demand for blockchain subject matter experts is high.
Blockchain is a promising technology that is going to disrupt the record-keeping process. Record keeping is an intrinsic process in every industry - be it banking, schools, government offices, healthcare, judiciary. Knowledge of blockchain will open doors to many industries at once. Blockchain development can be the master key to unlock huge career opportunities.
Software Development Engineer
This is just another name for blockchain developers. As a blockchain-focused software development engineer, a person will design, build, deploy and maintain blockchain-based data storage or ledger systems. He is expected to know everything about smart contracts.
Top Recruiters in Blockchain Domain in India
We have already discussed the available jobs. Let us now see which big players are interested today to recruit blockchain experts.
Blockchain architect, software development manager (blockchain focused), software development engineer (blockchain focused) curriculum developer
Digital transformation (blockchain focused) product manager, blockchain engineer
Sr. Blockchain developer, blockchain engineer
Blockchain development, cryptocurrency development, blockchain consulting
Blockchain architect, blockchain specialist, blockchain subject matter expert
There are many other top companies and promising startups that are interested in hiring employees trained in blockchain engineering. The demand will increase more in the forthcoming days.
Programming Skills: Blockchain development requires knowledge of C++ or JAVA. It is, therefore, necessary that a person has prior programming knowledge. Most of the blockchain development UG courses include programming in the curriculum. Yet one needs to have a working knowledge of programming to get a good grasp on the blockchain development lessons.
Patience: Blockchain is a new subject. There will be a steep learning curve. But if a person has a good grasp on logical deductions, he will find it easy. Patience is the keyword here.
Inquisitiveness to Learn: Blockchain is a continuously evolving technology. There is a lot of room for improvement. One must be willing to be in the learning mode always.
Cryptography Skills: Cryptography is one of the building blocks of blockchain. Although blockchain is a public ledger, the transactions are cryptographically encrypted to make it secure. One must have a strong knowledge of cryptography.
Blockchain falls under the purview of computer science. So, the curriculum of computer science courses is similar to the curriculum of this course. A model curriculum of BD or BE course is as follows:
CS focused Physics
CS focused Chemistry
CS focused Maths
Focus on the specialisation - in this case, blockchain
Software Development with a focus on blockchain
Industry and Manufacturing focused skills
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