What are career opportunities in blockchain?

What are career opportunities in blockchain?

The demand for blockchain professionals is there in every sector, like the BFSI sector (Banking, financial services, and insurance), healthcare, supply chain, etc. One can find a job as a Blockchain developer, Blockchain quality engineer, Legal consultant, designer, project manager, and product manager, etc.

Is there scope for blockchain technology?

Blockchain is making its space in almost all sorts of industries and there will be a huge demand for blockchain engineers and developers across all these markets. By 2024, Blockchain is expected to become a $20 billion market. The current global situation has also created a space for remote blockchain jobs.

What is the scope of blockchain in future?

READ ALSO:   Can you get in trouble for picking up money?

For obvious reasons, Blockchain technology’s future scope majorly lies in the field of Cybersecurity. Although the Blockchain ledger is open and distributed, the data is secure and verified. The encryption is done through cryptography to eliminate vulnerabilities such as unauthorized data tampering.

Will blockchain be the future?

Blockchain technology will fundamentally change how we live and work in the future. The Global Blockchain Market is expected to reach USD 34 billion by 2026, with a growth rate of 45\%.

Is blockchain technology a new career path?

Another study from TechCrunch found that careers related to blockchain are increasing rapidly and they are the second fastest growing career option in the labor market. While there are increasing opportunities in the blockchain technology, it might be safe to say that it’s still a new career path.

What will be the most important job in the blockchain world?

Blockchain Development/Engineering – Blockchain development will be the most important job in the blockchain world. It is the engineers or the developers who help keep the wheel of IT systems running.

READ ALSO:   What Stocks Did Warren Buffett sell recently?

What is the future scope of blockchain in India?

With India’s enhancing focus on trends and digitization, Blockchain’s scope only seems to be developed. With the rising demonetization, the economy of India is observing a paradigm shift from cash to cashless. People are also opening up to trustworthy and efficient transaction mechanisms like Paytm, UPI, and Google Pay.

How much does a blockchain developer make?

Blockchain developer salary is the highest in the San Francisco Bay Area of the U.S. According to Hired, the job search marketplace, blockchain developers here were paid $133k annually in 2015. In 2016, this figure increased to $135k and later rose to $142k in 2017.