5 In-Demand Career Options in Blockchain Technology

Blockchain Technology is gathering momentum. The question in the industry is no longer “Is blockchain useful?” but is “How can we leverage blockchain technology?” As per a report submitted by Deloitte, the global blockchain market will swell to over 23.3 billion U.S. dollars by 2023. This means career options for blockchain techies will also see an enormous rise.

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DEMAND FOR BLOCKCHAIN PROFESSIONALS

You might be astonished to see how fast this new technology has been taking over the industry. Listings for blockchain jobs on Indeed between 2015 and 2018 had shot up by 63%. LinkedIn has reported of 2,527 search results for blockchain developer jobs in the USA alone.

The highest demand for blockchain techies is at the Fintech sector—banks, in-house centers, non-banking financial companies (NBFCs), and so on. Apart from these, blockchain has found its use in management, healthcare, media, telecommunications and several other sectors.

“Salary offered to a blockchain techie with just 5 years of experience is almost at par with that of a general manager in a bank with three decades of experience” – Lohit Bhatia, CEO, IKYA Human Capital Solutions.

WHY IS BLOCKCHAIN IN SUCH HIGH DEMAND?

Several inventions are made every year, but not all of them click. For any technology to be successful and liked by the masses, it has to be super-efficient and people-friendly. Here are the reasons why blockchain has gained such massive attention.

5 In-Demand Career Options for Blockchain

Even though blockchain has successfully made its niche in the industry, the career paths in this field have not been entirely explored. Initiating a career in blockchain technology is as contemporary as the technology itself. There are no definite sets of rules to be successful in this path. You just have to be creative, experimental, hard-working and ready to upskill yourself frequently. Following are the five hot career options you can pursue once you have a B.Tech in Blockchain degree:

1. Blockchain Developer

The highest paid and the most popular of all, a blockchain developer’s primary responsibility is to design and develop blockchain-related solutions and Apps.

What skills do you require?

If you have great analytical and server-end programming skills, you can go for this career path.

2. Blockchain Quality Engineer

As a blockchain quality engineer, you will be dealing with quality analysis, planning and delivery of blockchain projects. You need to ensure that a new blockchain meets the established QA standards. Also, you will write and implement test automation strategies to enhance load performance tests.

What skills do you require?

For this profession, you need to be well-acquainted with the fundamentals of a blockchain environment and testing standards, apart from having an engineering degree.

3. Blockchain Web Designer

Blockchain is everywhere. Both startups and tech giants require understandable and customer-centric UI interfaces to create awareness about their blockchain products. Therefore, a blockchain web designer is in huge demand. If you choose this career path, you will be expected to design frictionless user interfaces, besides websites and portals, for blockchain solutions.

What skills do you require?

You should have an in-depth knowledge of HTML, CSS, JavaScript and designing tools such as Illustrator and Sketch for this position.

4. Blockchain Legal Consultants

Although the technology has made its headway far into the industry, many firms still find it difficult to integrate blockchain into their existing systems—especially when the legal front is concerned. This makes way for blockchain legal consultants. As a blockchain legal consultant, you will guide an enterprise on transaction management in a blockchain-based program, smart contracts, initial coin offering development, and so on.

What skills do you require?

You should be well-versed in blockchain technology, besides having a law degree for this position.

5. Blockchain Project Manager

A blockchain project manager is an intermediary between clientele and blockchain app developers. If you choose this career, you will be helping both the parties understand each other’s requirements. You will be responsible for a streamlined blockchain development process within a stipulated budget and time frame.

What skills do you require?

Strong managerial and communication skills are what you need for this role. Moreover, you should have adequate knowledge of blockchain technology.

Top Blockchain Companies in India

According to a report by GoodFirms, these are the top blockchain-related companies in India:

– SoluLab – blockchain applications and cryptocurrency platform development

Hourly rate: $25 – $49/hour

Employees: 50 – 249

Where in India: Ahmedabad, India

– Inn4Science – a trusted blockchain development company

Hourly rate: $25 – $49/hour

Employees: 50 – 249

Where in India: Mumbai, India

– Bitdeal – acryptocurrency exchange and blockchain development company

Hourly rate: $25 – $49/hour

Employees: 50 – 249

Where in India: Madurai, India

– Sofocle – one of the leading blockchain companies in the world

Hourly rate: $25 – $49/hour

Employees: 50 – 249

Where in India: Noida, India

– Tokyo Techie – a blockchain and cryptocurrency development company

Hourly rate: $25 – $49/hour

Employees: 50 – 249

Where in India: Bengaluru, India

– Prolitus Technologies – Blockchain, cryptocurrency, ERP and digital transformation

Hourly rate: $25 – $49/hour

Employees: 250 – 999

Where in India: Noida, India

Conclusion

To fast forward your pace towards the new age, you should prepare yourself for emerging technologies like blockchain. You will get not only a platform to showcase your innovation but also a sure way of minting money.   But before that, you should be well-versed with the technology. Holistic knowledge of blockchain technology will add enormous value to a contemporary career. Ajeenkya D Y Patil University’s B.Tech degree in Blockchain is one such program that will add the push that you require to move towards a blockchain career.