Global Demand for Blockchain Developers

Are you looking to explore the Blockchain sector? If you are thinking of making a career in Blockchain specializations, then this article is for you. There is no doubt that demand for blockchain professionals is increasing day by day. According to Hired report, the skills of blockchain development categorized in the top three openings for jobs. A report from Hired also shows that engineers with blockchain experts are in high demand.

According to some other job-research firms, the job opening for blockchain experts had also increased 316% in the past year. LinkedIn has disclosed it’s top emerging career paths in December. According to LinkedIn, the blockchain sector was number one.

Let’s discuss Global demand for blockchain experts in detail.

What is Blockchain technology?

Blockchain is a technology of recording information and data in such a way that makes it impossible or hard to hack or transform the system. It is also known as Distributed Ledger Technology i.e. DLT. The three crucial concepts of blockchain are nodes, miners and blocks. The digital assets in blockchain are distributed. It is a digital ledger technology of transactions that is distributed and duplicated across the network of blockchain systems. Blockchain technology is based on peer-to-peer topology. Blockchain has the ability to develop real-time secure communication networks around the globe. In simple words, blockchain is a distributed ledger and decentralized technology that records digital assets. A Certified Blockchain Developer has become very valuable in the job sector.

Importance of Blockchain technology

Blockchain is revolutionary and promising technology as it helps to reduce risks and bring transparency. The blockchain technology in the IT sector is expanding very fast.

Let’s discuss the significance of blockchain technology.

• The distribution of data in blockchain raises its safety and quality as it permits the database fully decentralized
• Blockchain technology increased efficiency in the finance sector
• Blockchain offers secure online transactions
• There is no middleman in the process of transactions
• In blockchain, everything is transparent to all the participants
• Blockchain is one of the reasonable models in terms of finance
• There is a huge scope in the blockchain sector as its features are programmable and open

What is the salary of Blockchain Developers globally?

According to u.today, the following numbers are the income for blockchain developers.

• The average annual salary for blockchain developer in Europe is $73,300
• The average annual salary for blockchain engineer in Asia is $87,500
• The average annual salary for blockchain expert in U.S.A is $136,000

Which Blockchain job roles are in high demand?

The rise in blockchain jobs has continued. Many organizations are looking to upgrade their blockchain projects. Today most demanding blockchain jobs are engineering and technical roles. The CEO of Hired stated that “the demand for blockchain development skills through the roof”. There is a high rise in demand for who can develop blockchain ledger technology.

The following job roles are some of the high demand for job positions in the sector of Blockchain.

• Blockchain Developer
• Blockchain Designer
• Software Blockchain Engineer
• Blockchain Security Engineer
• Blockchain Quality Engineer
• Blockchain Engineering Manager
• Blockchain Project Manager
• Blockchain quality engineer
• Blockchain Legal consultant
• Blockchain Engineer

Summary

We hope that this article helps you to get started in the blockchain sector. Blockchain technology has totally transformed the face of industries. Hyperledger Fabric, Ethereum and Corda are some of the well-known Blockchain platforms to generate enterprise solutions.

Blockchain council is one of the best platforms to learn online. To get instant updates about Blockchain technology to explore more about Blockchain professional certifications you can check out the website of Blockchain Council.