India is the IT outsourcing hub of the world, there are tens of thousands of tech engineers graduating every year. The IT sector tops the share market..Bangalore,chennai, Hyderabad and whats not..
But even with all of these what is the role of our country in cryptocurrency ecosystem?
There are hundreds of alt coins and not a single one is from India.
only one or two exchanges are there in India..
There are projects like Etherium, Blockchain 2.0 applications etc..Does anyone from India play any role in it?
I feel something is really holding this nation back inspite of its abundant IT human resource.
Whats your opinion ..
I work in this "IT outsourcing industry", let me tell you the truth about the industry as a whole --- it relies on and merits mediocrity -- most so called IT people cant code to save their life.
Companies like Infy/Wipro work on numbers - their attitude is if 1 brilliant person can do it -- fill it with 10 mediocre people with low salary and they can achieve it. I can even give you a practical example -- there has been a recent surge on big data -- many of the so called "java experts" (cause hadoop implementation is written in java) jumped in. The most they can deliver is a working code, right from the book. Companies dont want to hire a Yahoo employee cause with his salary they can hire 10 freshers -- shove java and hadoop down their throats, make them work 12 hrs to get something working.
That said, there are intelligent programmers too but many of them wont work until they have a real monetary advantage being presented to them. They will put in hours and hours into some new technology from Oracle just so that they can learn and demand more money in IT using the niche skills.
Alternatively, bitcoin doesnt really interest them ..cause there is no company which considers it a niche skill and will pay 10s of lakhs to hire them.
