Indian Institutes of Technology offering programs on NFT, Web3 technologies
Indian Institutes of Technology (IITs) in collaboration with e-learning platform TimesPro have announced the creation of educational programs focused on Web3 technologies.
Through a first-of-its-kind collaboration, thousands of Indians will learn the basics of distributed ledger technology (DLT), non-fungible tokens, the metaverse and digital assets. According to information gathered by local daily Hans India, India Blockchain Alliance (IBA) and iHub Divyasampark are the course partners.
“TimesPro invests in emerging technologies and has introduced several flagship programs in Full Stack, Cybersecurity, AI, Big Data, Cloud Computing etc.,” said Anish Srikrishna, CEO, TimesPro. “We have partnered with leading IITs, academia and industry to offer new-age and upskilling programs, and the Web 3.0 initiative is a continuation of our efforts.”
At the end of the course, participants will be issued certificates evidencing their expertise from various IITs, including Delhi, Rookee and Ropar. Course participants have the opportunity to learn at their own pace, according to their possibilities and abilities.
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Srikrishna said the classes will go the extra mile by offering students one-on-one mentorship with industry leaders and affiliates, such as creating a resume and going through an interview. Srikrishna added that a Web 3 Center of Excellence will be created to serve as a networking and learning platform.
TimePro’s collaboration with industry players could offer a number of benefits for India’s virtual currency ecosystem. The move could create a healthy pool of talent for local and international digital asset companies to hire without the need for expatriates. On the part of the participants, the courses could serve as a gateway to the nascent Web 3 industry, arming them with world-class training.
Changing the environment of virtual assets
Experts believe that a number of innovations are in the pipeline that could spark a wave of interest in digital assets in India. These innovators are driven by the need to position India as a regional power as the world moves inexorably towards a digital future.
FICCI-EYs 2022 report noted that Web 3 could add up to $1.1 trillion to India’s gross domestic product (GDP) by 2023. The report pointed out that the meta version in particular would trigger a surge in GDP and predicted that virtual worlds would have more than 50 million users by 2025.
To compete globally, enthusiasts have formed the India Blockchain Alliance and the India Blockchain Forum to “represent businesses and business professionals participating in the digital economy through blockchain technology.”
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