Crypto Study release recently done by UK based blockchain consulting Firm name Dappros result is 1.USA & 2. India as the highest number of blockchain developers, Keep going India😇
Nothing much to rejoice upon. India already had one of the largest Software developer base in the world. With the advent of Blockchain, a few of them learned how to code Smart contracts and have become blockchain developers. There are mere devs on the existing Blockchain networks. Very few of the existing bunch are engaged in cutting edge innovation such as improvement of Blockchain, research, developing newer methods and all.
India always remains as a top talent house for technologies. But the issue is that, majority of these talents work for offshore companies remotely from India.
I would agree with top but not with talent house analogy. Most of the "devs" in the country are bheedchal and lack the ability to create anything new.
So neither Indians are not able to explore the possibilities of blockchain, nor reap the benefits. We have very few home grown companies that works in this domain because of the orthodox mentality of our government. So it's an encouraging news for the talents of India but not for the benefits of India.
What benefits are we not able to exploit? You can use Blockchain as you want. If you are talking about being able to trade cryptocurrencies as being a roadblock in blockchain development, then I don't understand the correlation. There has been no such steps taken which inhibits the growth of Blockchain. You are free to work on Blockchain (as a matter of fact 100's of companies operate in India in the field of Blockchain), it is just that you cannot use Indian banking system to trade in Cryptocurrency. Don't mix up trading and Blockchain development.
