Introduction
The blockchain sector is rapidly growing due to the emergence of various technologies and protocols, notable amongst them being Bitcoin. The advent of cryptocurrencies with their distributed ledger technology has made it possible to carry out transactions without the need for trust or central intermediaries, which makes blockchain particularly well-suited for a wide range of industries and applications.
There are a wide variety of careers that one can pursue in the blockchain industry. If you’re a developer, you can create new blockchain applications or build platforms for running them. If you’re an engineer, you can design and develop the hardware and software that make up blockchain ecosystems. And if you’re a project manager, you can oversee the blockchain. If you’re a data analyst, you can use your skills to analyze the constantly-growing and constantly-changing datasets that comprise blockchains.
There are jobs in finance, such as traders who help set the price of various cryptocurrencies on exchanges. There are also jobs for executives and other professionals who can work with companies to help implement and utilize their blockchain solutions. There are even jobs for lawyers and accountants who can advise companies on the legal and tax implications that relate to various use cases of distributed ledger technology.
But let’s slow down and look into the way various professionals can fulfill their career objectives in the blockchain industry in more detail.
Understanding Blockchain Career Pathways
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When it comes to a career in blockchain companies, there is a multitude of things one can do within that industry. There is no use case for a blockchain that does not have a need for workers in the field. Blockchain is a constantly evolving technological world, and even though its use cases could be seen to be somewhat limited, there are still many different jobs that one could get within the sector of blockchain technology.
To begin with, if you are willing to get into the field in order to make money, then it is important to understand that the salaries for people working in this industry are still somewhat lower when compared to other more traditional industries. However, given the fact that blockchain technology is still in its early stages, it is likely that the salaries in this sector will continue to grow as the technology matures. As for now, most people who work within this industry have a higher interest in the blockchain area itself rather than in the paychecks they receive from contributing to an exciting new technological world.
What can one do with a career in blockchain companies? The possibilities are endless. For example, there are many different types of jobs within this industry such as marketing, finance, programming, and design. Those who want to get into the field should be prepared for any type of job that they could potentially take on. Marketing is a great place to start if you want to get into the world of blockchain as a marketing executive. You will be able to use your marketing skills and experiment with new digital tools to help promote the product or service your company offers.
As far as the programming side of the industry evolves, those who are interested in being developers or programmers should be prepared to work with new programming languages that are constantly being developed by the blockchain companies. For example, Ethereum has its own programming language called Solidity which is fairly new and few developers have experience working with it. Professionals who want to get into this field need to understand that companies are always looking for new developers who can work with the latest programming languages in order to create new applications and products for their clients.
Another great place to get a job within the blockchain is the financial sector. Those who are experienced in finance and have a good understanding of how the cryptocurrency markets work could get a job as a financial analyst or advisor for a blockchain company. As the cryptocurrency market continues to grow, more and more companies within the industry are looking for financial advisors who can help them understand how to invest their money in this new and exciting market.
A Brief Review Of The High Demand Occupations
What follows is a list of potential roles that one can take within the blockchain industry:
- Developer/Engineer
Blockchain technology is complex and requires an entirely new suite of knowledge to understand how to develop and engineer decentralized applications. As a developer, you will be responsible for developing the code that makes these applications work.
- Consultant
Consultants are in high demand within the blockchain industry as they are able to bridge the gap between the business and technical communities. They are able to provide insights and recommendations on how businesses can best utilize blockchain technology to achieve their desired outcomes.
- Investor
Investors are essential to the growth and development of the blockchain industry. They provide the much-needed financial backing to help startups and businesses succeed within this space.
- Journalist/Writer
The blockchain industry is growing at a rapid pace, and with it comes an influx of new information and news. As a journalist or writer, you would be responsible for reporting on the latest developments within this space as well as educating the general public about blockchain technology.
- Project Manager
Project managers are essential to the success of any project and this is especially true in the blockchain industry. They are responsible for ensuring that all aspects of the task are completed on time and within budget.
- Business Analyst
Business analysts are needed to help businesses understand the feasibility of implementing blockchain technology into their operations. They also help to identify the potential benefits and risks associated with this technology.
How To Start A Career In Blockchain Technology?
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So, you are interested in starting a career in blockchain technology but don’t know where to start? Here are the essential steps that you need to take:
Step 1: Learn about blockchain technology
This is the most important step. You need to have a good understanding of what blockchain technology is and how it works before you can start pursuing a career in this field. There are several resources available online where you can learn more about this technology. Some include the following:
Step 2: Download an introductory book on blockchain technology
There are several books available that will provide you with a solid foundation in blockchain technology. One of the best books to start with is Blockchain Revolution, written by Don and Alex Tapscott.
Step 3: Subscribe to online learning websites
There are several free online courses that one can take in order to learn about blockchain technology. You can turn to such reputable online learning platforms as Coursera, EdX, Udemy, or Khan Academy.
Step 4: Start looking for job opportunities within the blockchain industry
Now that you have a good understanding of what blockchain tech is and how it works, it’s time to start looking for job opportunities. There are several websites that list job openings within the blockchain industry. You can check out some popular job boards or go directly to blockchain companies’ websites.
Step 5: Have a portfolio of projects
If you are an experienced developer, it is a good idea to have a portfolio of projects that you can showcase to potential employers. This will show that you are both passionate and experienced within this space.
Step 6: Build up your professional network
As with any job search, it is essential that you build up your professional network as this will give potential employers a better understanding of who you are as an employee. You can do this by attending blockchain meetups in your city or starting a discussion on LinkedIn.
Step 7: Apply for jobs online
Once you have built up your professional network, start applying for jobs online. Another great way to grow your portfolio is by attending blockchain conferences.
Conclusion
The bottom line is that there are many different types of jobs within the blockchain technology industry that one can get into and each one of them are fun and exciting in their own way. If you are looking to get into the field then it is important that you understand that there are still many places within this industry where workers do not necessarily need to have a degree in computer science, but may only need experience with the latest programming languages or can offer up their financial skills to help a company make money within the cryptocurrency markets. So, if you are looking for a job in the blockchain industry, be prepared to show off your skills and let your passion for this new technology shine through.
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