Even as crypto jobs are growing in India, Bengaluru has taken the lead when it comes to percentage of Indian cryptocurrency job postings.
Even as crypto jobs are growing in India, Bengaluru has taken the lead when it comes to percentage of Indian cryptocurrency job postings. According to data from jobs site Indeed, Bengaluru maintained the lead with 34 per cent of the Indian cryptocurrency job postings, followed by Pune, with eight per cent.
Kartik Mandaville, founder and CEO of SpringRole, the first professional reputation network powered by artificial intelligence and blockchain to eliminate fraud from user profiles based out at Bengaluru and Los Angeles, told Bangalore Mirror Bengaluru has the maximum number of practical application of blockchain. Traditionally, it has always been finances in Mumbai and technology in Bengaluru. (Mumbai because of the presence of stock markets, trading, loans).
Kartik, who is also the technical advisor to Science Blockchain, said that from the jobs perspective across India, 34 per cent for Bengaluru is a decent number mainly because of the demand and supply ratio. There are very few engineers who understand blockchain very well, thus the demand is very high, hence the salaries are higher. “Blockchain has always been legal and various governments are pursuing it actively with multiple projects across land registration and university degrees. The only issue is that the government is hesitant to have people transact in cryptocurrencies, because the government feels that they should be aware of the risks attached with cryptocurrencies,” said Kartik.