Dear Readers, We are pleased to post another article in the series of Career Options. Blockchain Development is career path in field of Computer Programming. Blockchain Developers are amongst top salaried personnel in the world. The lack of good computer programmer is one of the reason behind this. Most of our readers are not aware about Blockchain Technology. So we will start this topic with basic knowledge of Blockchain, Blockchain Industries and Blockchain Development.
Image by Pete Linforth from Pixabay
What is Blockchain and Blockchain Technology?
A block Chain is growing list of records which called blocks, that are linked by cryptography. Each Block contains a hash of previous block. In simple terms, It is, based on Peer 2 Peer topology, distributed ledger technology that allows data to be stored on thousands of computers globally. So that anyone can see anyone else entry. Hence the idea of decentralization is the core feature of blockchains. As no one can control the entire blockchain.
The first work of cryptographically secured chain of blocks was described by Stuart Haber and W.S. Stornetta in 1991. The first block chain was developed by Satoshi Nakamato (Person or Group of Person that built Bitcoin) in 2008. This block chain is developed to facilitate the transfers of Bitcoin, as it serves as public ledger for all transactions on Network. But this blockchain got attraction in 2014. Blockchain industry is developing very fast, as more Cryptographic Assets like Bitcoin, Etherium, Ripple, USDT are getting popular. Banks, IT Organizations, Security Exchanges, Governments adopted the Blockchain Technology.
What is Blockchain Industry?
The group of Persons and Organizations, which are linked to Blockchain Technology, are known Blockchain Industry. It includes Developers, Banks, Cryptocurrency Experts and many others.
What is Blockchain Development?
Block chain Development is development of a block chain for recording transactions, making contracts and agreements more securely between two parties. The transaction records on the blockchain can not be modified by anyone makes the blockchain more secure and reliable. It is Decentralised and any one can verify the transaction.
What is the scope for Blockchain Developer?
As this is emerging technology, which have been gaining attraction since 2016, The Blockchain Talent is very challenging to find as there are only few blockchain developer in the world. The cryptocurrency industry is paying high remuneration to blockchain developer. There are currently 6000 active cryptocurrency projects and around 3000 new projects are in que of launching of ICO. Each projects needs at least 100 blockchain developers, while on Etherium Blockchain there are more than 5,00,000 Blockchain developers, Bitcoin, XRP and Tron has more than 1 Lakhs Blockchain Developers in their blockchain. Besides of Cryptocurrency, Banks, IT Industry Firms like Microsoft/Oracle, Money Transfer firms like MoneyGram/Western Union, Big Organizations around the world, Governments, Private Companies are showing interests in adoption of Blockchains. The 11 banks in India like Yes Bank, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Standard Chartered Bank, South Indian Bank, RBL bank have already adopts the blockchain technology. State Bank of India is taking blockchain services from IBM. Reserve Bank of India is also doing the feasibility analysis for Indian Rupees blockchain. The demand for blockchain developer is growing very fast. The average salary of Blockchain developer is $175,000 p.a. which is much higher from a software engineer's salary which is around $120,000. in India, Blockchain developers are getting Rs. 5,00,000 to 30,00,000 according to their job roles. The reason for higher salary is lack of skilled programmers in the world.
Career Opportunities in Blockchain Development
There are majorly two types of Blockchain developers, which are
- Core Blockchain Developers
- Blockchain Software Designers and Developers
Core Blockchain developers are responsible for development of architecture and protocols of blockchain system. While Blockchain software developers use the architecture and protocols developed by core developers to build decentralized applications on which blockchain technology run.
These are career options and career paths for Blockchain Developers
- Blockchain Developers
- Blockchain Solution Architect
- Blockchain Project Manager
- Blockchain UX Designers
- Blockchain Quality Engineer
- Other Programming Expert
Preliminary requirement to become Blockchain Developer
You should opt a course to learn Programming and Application Development
- Bachelor of Computer Application
- Bachelor of Science in Computer Programming
- Bachelor of Technology
- Certificate course in Python
- Certificate in Programming & Operation
- Diploma in Java & Html
- Diploma in Programming
- M.Sc IT
- PG Diploma in Programming
- M. Tech
These courses are designed specifically for those who are interested in becoming Blockchain Developer. The basic requirement for these courses and training is to have good knowledge of Programming Languages. So it is important to learn Programming Language. You can Learn Programming from Colleges as well as from private training centres and off course from internet.
These are some professional courses exclusively designed for the blockchain developers.
- Post Graduate Diploma in Software & Blockchain Development by IIIT Bangalore, India
- Blockchain Architecture Design and Use Case- Course by IIT Kharagpur and IBM (Course is online and Free by Government of India)
- Diploma in Bitcoin and Cryptocurrency Technology, Princeton University, Coursera, USA
- Certified Ethereum Developer Course, B9Labs (Online Course)
- Blockchain Certification Course by Simplilearn India
- PG Diploma in Blockchain by Amity University
There are lots of other paid and free courses available. You can make your own research.Image by Pete Linforth from Pixabay