edulearning pvt ltd
Anvi Staff answered 3 years ago
Blockchain technology was first outlined in 1991 by Stuart Haber and W. Scott Stornetta, two researchers who wanted to implement a system where document timestamps could not be tampered with.
The goal of blockchain is to allow digital information to be recorded and distributed, but not edited.
Blockchain is a system of recording information in a way that makes it difficult or impossible to change, hack, or cheat the system. Each block in the chain contains a number of transactions, and every time a new transaction occurs on the blockchain, a record of that transaction is added to every participant’s ledger.
You can also think of it as a chain or records stored in the forms of blocks which are controlled by no single authority.
In short, blockchain is an encrypted digital database shared by several parties in a distributed network. Any transaction that occurs in the network is recorded, verified, and stored in a database. Transactions are broadcast to all network participants—creating an unalterable transaction log.
For Example, A Bitcoin Block contains information about the Sender, Receiver, number of bitcoins to be transferred.
The practical applications of blockchain in the financial services industry could include on-boarding, record keeping, client screening, data management, security, privacy and transaction and trade processing. The insurance industry is also subject to costly mistakes, scams, and in-genuine claims.
With the number of job openings exceeding qualified developers, blockchain development is one of the fastest rising fields in the labor market. A successful career in blockchain engineering offers multiple job paths and an opportunity to work on innovative projects using cutting-edge technology.
Given below is the list of Top Blockchain Training Institutes in India
Blockchain Council
Details: Blockchain Council offers comprehensive training and certification programs in blockchain technology. Their courses cover various aspects of blockchain, including development, implementation, and use cases.
Website: https://www.blockchain-council.org/
Edureka
Details: Edureka provides online training courses in blockchain technology, covering topics such as Ethereum, Hyperledger, and cryptocurrency. Their courses are designed for beginners as well as experienced professionals.
Website: https://www.edureka.co/blockchain-certification-courses
Blockchain Training Alliance
Details: Blockchain Training Alliance offers instructor-led training programs and certifications in blockchain technology. They cover a wide range of topics, including blockchain basics, smart contracts, and blockchain security.
Website: https://blockchaintrainingalliance.com/
Simplilearn
Details: Simplilearn offers online training courses in blockchain technology, with a focus on practical skills and hands-on experience. Their courses cover blockchain development, cryptocurrency, and blockchain applications.
Website: https://www.simplilearn.com/blockchain-certification-training
IIIT Bangalore
Details: IIIT Bangalore offers specialized courses and workshops in blockchain technology, covering both technical and business aspects. Their programs are designed for professionals looking to enhance their skills in blockchain.
Website: https://www.iiitb.ac.in/
Koenig Solutions
Details: Koenig Solutions provides instructor-led training programs in blockchain technology, covering topics such as Ethereum, Hyperledger Fabric, and blockchain security. They offer both classroom and online training options.
Website: https://www.koenig-solutions.com/
Indian School of Business (ISB)
Details: ISB offers executive education programs and workshops in blockchain technology, covering topics such as blockchain fundamentals, cryptocurrency, and blockchain for business.
Website: https://www.isb.edu/
Tech Mahindra
Details: Tech Mahindra offers training and certification programs in blockchain technology, with a focus on emerging trends and industry applications. They provide customized training solutions for organizations.
Website: https://www.techmahindra.com/