A blockchain is an open-source, decentralized, digital ledger created to record transactions across the network in such a way that any transaction recorded will be unalterable (retroactively). Every transaction recorded in this network of the open ledger is called ‘Block,’ and hence a chain of such records/block is ‘Blockchain.’ It is a chain of recorded data that is managed by a cluster of computers.
Being a decentralized network, it does not have a central authority. The inventor has tried to create a sort of democratic technology here; hence, the information in it is open for everyone to see.
They say, “need is the mother of invention’. So, what was the need for this invention?
The answer is simple - A huge gap between the transactions and the way every business and non-business organization operates. From retail to travel, finance, healthcare, production, supply chain to education, blockchain technology is disrupting and redefining the traditional working style in every industry. And this disruption is silently creating a new career option on the horizon. This new-age career is dedicated to cryptocurrency and blockchain professionals.
Yes, for those who are looking for HOT careers, here are a few options you could consider:
Blockchain technology is not just a shot-time craze, it is capturing the whole world, and every industry. Government bodies of many countries are trying to find a way to use this technology to make operations transparent and better. This new demand for better and more advanced blockchain technology is creating a sky-high demand for Blockchain app developers. Blockchain developers are those who build tailor-made blockchain solutions.
Apart from this, Blockchain app developers have the scope of working as a freelance developer too.
So, in case you have a technical background, and you have a sound knowledge and expertise into programming languages and computing, such as C, C++, HTML, Query, and similar technologies, do think of becoming Blockchain App Developer.
The name says it all. The blockchain project manager will take care of everything related to Blockchain development and make sure the development is in line with the organization’s needs and expectations. He is a mediator between the business and the blockchain app developers. Understanding the needs of the organization and conveying it in the right way to the developers and getting work done from them is the core task.
However, it is not as simple as it looks. The blockchain project manager must know the business management and app development equally. The manager has to communicate effectively to streamline the blockchain development process, solve the development issues within provided sources and budget.
The manager will be answerable to both the business owners and the application development company. He has to keep track of progress and success.
Similar to other quality check engineers, a Blockchain Quality Engineer has to make sure that the developed product is well designed and sustainable. The quality engineer has to maintain the quality of the Blockchain networks. The person working at his profile is well versed with the tools used in the quality check of blockchain products, development process, testing of the network, etc. The product developed has to be user-friendly and interactive.
The engineer has to define, write, and implement new test automation strategies depending upon the product and client’s specifications. The product must be able to work efficiently under the heavy traffic too.
If you are a technical geek and perfection is your philosophy, you can do wonders in this field.
We saw the work profile of blockchain app developers, now is the time to see how website designers can take their game a notch up and become blockchain web designers. The job name must be looking attractive, but the position requires a lot of knowledge, patience, and creativity. Blockchain is a relatively new concept, and hence, the designer has to know about the blockchain technology in detail, apart from the basic web designing knowledge.
Many start-ups and established brands blending cryptocurrency and Blockchain technology into their traditional operating processes, and hence the demand for blockchain web designers are increasing. Companies want to let customers and clients know what they are offering.
While the 0career mentioned above options were a bit technical, here is another opportunity from the legal field. As the blockchain technology is new to the world and its core of the operation is different than what the world is accustomed to, there has to be a different set of rules and regulations to monitor this new-age addition to the technology. Worldwide, legal, public, and private organizations are helping governments to for blockchain and crypto laws. However, many companies are oblivious of the laws and do not know how to operate at the legal front. This is where the need for a Blockchain legal consultant comes into the picture.
A Blockchain legal consultant would advise business owners on how to incorporate Blockchain into their existing business model by complying with laws -
Investments in ICOs
Building legal partnerships
Smart Contracts
Merger-and-acquisition activities
How to launch a blockchain solution, etc.
So, as now you know the kind of opportunities available in the Blockchain market, it is the time to prepare yourself according to your interest and abilities. There are a few universities offering Blockchain-related courses like IIM, IIT, Amity, etc. along with online education ventures like upGrad.
Verifying, please be patient.