The Indian Institute of Technology (IIT) has partnered with e-learning platform TimesPro to announce the creation of an educational initiative centered on Web 3 technologies.
The first collaboration will bring thousands of Indians to the basics of distributed ledger technology (DLT), non-fungible tokens, metaverse and digital assets. According to information gathered by local daily Hans India, the Indian Blockchain Alliance (IBA) and iHub Divyasampark are partners in these courses.
Anish Srikrishna, CEO of TimesPro, said: “TimesPro has been investing in emerging technologies and has launched several flagship projects in the fields of full stack, cybersecurity, artificial intelligence, big data, cloud computing, etc.” We work with the world and industry to deliver new age and upskilling programs, and the Web 3.0 program is a continuation of our efforts.”
At the end of the course, participants will receive a certificate demonstrating their expertise from different IITs, including Delhi, Ruki and Ropal. Course participants can choose to study at their own pace according to their time and ability.
Srikrishna said the courses will go the extra mile, providing learners with one-on-one mentoring with industry leaders and support staff, such as creating a resume and completing the interview process. Srikrishna added that a Web 3 Center of Excellence will be created as a networking and learning platform.
TimePro’s collaboration with industry players can bring a range of benefits to the Indian virtual currency ecosystem. The move could create a healthy talent pool for local and international digital asset firms to recruit without the need for expats. As far as participants are concerned, these courses can serve as a gateway to the emerging Web 3 industry, providing them with world-class training.
Changing the virtual asset landscape
Experts believe that a series of innovations are underway that could spark interest in digital assets in India. As the world moves relentlessly towards a digital future, these innovators are driven by the need to position India as a regional powerhouse.
The FICCI-EYs 2022 report states that Web 3 could add $1.1 trillion to India’s gross domestic product (GDP) by 2023. The report states that the metaverse in particular will trigger GDP growth and predicts that virtual worlds will have more than 50 million users by 2025.
To compete globally, the Indian Blockchain Alliance and Indian Blockchain Forum were created by enthusiasts to “represent enterprises and business professionals involved in the digital economy through blockchain technology”.
Watch: BSV Global Blockchain Conference Panel, Web3 and the BSV Blockchain
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