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Courses on NFTs and Web3 technologies are set to be made available at IITs in India

It has been reported that the Indian Institutes of Technology (IITs) and the e-learning platform TimesPro would work together to develop courses focused on Web 3 technology. Due to this historic partnership, thousands of Indians will be exposed to groundbreaking education in Non-Fungible Tokens (NFTs), distributed ledger technology (DLT), the metaverse, and digital assets.

Certificates from participating IITs (Delhi, Roorkee, and Ropar) will be awarded to successful course completers. Participants in the course may go at their speed, based on their schedules and knowledge.

The engagement of TimesPro with industry participants might provide several advantages to the Indian digital currency ecosystem. The move may result in a robust talent pool from which domestic and foreign digital asset enterprises may employ without the requirement for expatriates. On the participant side, the courses might act as a springboard into the emerging Web 3 business, providing students with world-class training.

Changing Landscape of the Virtual Asset

According to experts, a succession of developments is in the works that might spark a surge in interest in digital assets in India. These entrepreneurs are motivated by the desire to position India as a regional superpower as the world marches inexorably toward a digital future.

According to the FICCI-EYs 2022 research, Web 3 might contribute $1.1 trillion to India’s GDP by 2023. The analysis predicted that the metaverse, in particular, will boost GDP development, with virtual worlds having over 50 million users by 2025.

To compete worldwide, enthusiasts established the India Blockchain Forum and the India Blockchain Alliance to represent enterprises and business professionals engaged in the digital economy using blockchain technology.