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An Innovative New Era in FinTech

An Innovative New Era in FinTech

Picture of Prof. K S Suryanarayana

Prof. K S Suryanarayana

CHIEF ACADEMIC OFFICER

FinTech - Indian Academy Degree College- Autonomous

"Embracing the Future: The Crucial Role of Fintech Graduates in Blockchain Adoption"

By now, you should be well aware of the promising future that awaits blockchain technology, and it’s evident that the demand for FinTech experts will soar in the coming years.

As we stand at the crossroads of technological advancement, all Fintech graduates are not just vital but indispensable in realizing the full potential of blockchain technology. Their ability to bridge the gap between innovative blockchain solutions and the established financial and regulatory frameworks makes them key enablers of mass blockchain adoption.

India is amongst the fastest growing Fintech markets in the world. Indian FinTech industry’s market size is $ 50 Bn in 2021 and is estimated at ~$ 150 Bn by 2025. [1]

BBA Fintech Course

The integration of Blockchain and Financial technology in management education and preparing the future FinTech specialists, one who runs the operations into the blockchain ecosystem is not a choice but a necessity. Their expertise ensures the integrity, compliance, and seamless operation of blockchain networks, paving the way for widespread adoption across industries and verticals.

The time to recognize and embrace the indispensable role of FinTech specialists in the blockchain revolution is now…! As you prepare for your journey towards a successful career, it is very important for you to consider which professional qualification will give you the cutting edge in the job market. One such degree that stands out in the market is the BBA Fintech Programme.

Master Blockchain Technology systems will keep the functions of FinTech professionals on their toes by enhancing transparency and making it easier for the managers to streamline and speed up the processes while reducing costs and making sure that everything is in line on a real-time basis.

“Blockchain Applications serves as a visionary roadmap through the profound transformations currently reshaping the FinTech industry, changes that were once inconceivable. In addition to providing a comprehensive introduction to blockchain technology, participants in this course will delve into the detailed aspects of the importance of Financial Technology in the smooth conduct of business operations. Furthermore, they will explore the intricacies of tokenization and its far-reaching implications on the accounting landscape, including tax considerations, as well as gain insights into the exciting future developments that lie ahead.

To answer the most interesting question of whether there will be a high demand for FinTech & Blockchain experts…?

The promising India FinTech market is expected to reach $1 Tn in throughput and $200 Bn in revenue by 2030. [2] Forward-thinking organizations seeking to seamlessly incorporate blockchain into their operations are in need of proficient FinTech professionals capable of crafting customized blockchain solutions precisely aligned with their unique requirements. These seasoned experts must possess a deep comprehension of the foundational principles underpinning FinTech and blockchain, proficiency in various programming languages, adeptness in smart contract development, and an acute awareness of paramount security considerations.

Given the escalating interest spanning diverse industries, including finance, accounting, healthcare, and supply chain management, the demand for FinTech experts is poised for sustained expansion. Organizations that want to integrate FinTech into their operations require experts who can design and develop FinTech solutions tailored to their specific needs. Organizations are keenly aware of the transformative power inherent in technology and are actively pursuing individuals who can assist in unlocking its advantages, managing potential risks, and adeptly guiding them through the intricate realm of decentralized technologies. These experts need to understand the underlying principles of blockchain, programming languages, smart contract development, and security considerations.

To conclude, due to emerging technology, changing cultural trends, and a favourable regulatory landscape, FinTech has been growing beyond boundaries. FinTechs can expect future technology breakthroughs to propel the expansion of the market even further and revolutionize the manufacturing, delivery, and consumption of financial products and services in the coming years.

Sources:

[1] https: //www.ivestindia.gov.in/sector/bfsi-FinTech-financial-services

[2] https://www.ey.com/en_in/financial-services/how-is-the-fintech-sector-in-india-poised-for-exponential-growth

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