How cryptocurrency market will help in creating job opportunities in India

livemint.com:

As the Indian economy continues its recovery, there has been a rapid rise in the demand for workers in various segments. India's employment took a heavy blow during the Coronavirus pandemic which led to a series of nationwide lockdowns and restrictions. While the economy picks up bits and pieces shattered by the pandemic, the government and companies have stepped up in ending one of the biggest problems in India, and that is unemployment. Various measures have been announced by the Centre, among the latest would be their aim for creating 1 million jobs before the 2024 general elections. Not just that, major companies have also announced their own commitments to hiring both new and experienced talents. But has anyone wondered, how the cryptocurrency market can help in contributing to job opportunities in India?

Currently, the cryptocurrencies and blockchain industry are at the booming stage on the back of vast adoption globally. Despite being controversial and holding complex underlying technology, the cryptocurrency market is seen as a maturing industry with large investors parking their money in them. This market is evolving constantly!

Rajagopal Menon, Vice President, WazirX cited the latest study conducted by LinkedIn revealed that job postings containing "Cryptocurrency," "Bitcoin," or "Blockchain" increased 394% year over year from 2020 to 2021.

Menon said, "all these spikes in job opportunities happened even when there were no proper regulations or policies provided by the government. Once India has an enabling regulatory framework that recognises the true potential of Blockchain and cryptos along with the pool of developers and talent available in the country we have an opportunity to lay the foundation of the new