Blockchain Technology: Job roles, types and skills
Read the article below to know about job roles, skills required, salary packages, and top recruiters of Blockchain Technology professionals.
Blockchain is a technology that gained popularity because after many cryptocurrencies adopted it, especially bitcoin. Nowadays, industries other than banking & finance are also adopting it to secure their data transaction details, records, and day-to-day processes. Blockchain, being the revolutionary technology, has opened up a new field called blockchain development. This, in turn, has created numerous job opportunities for developers and tech enthusiasts.
However, with such fantastic job opportunities around, people seem confused about the role and packages they may get just by pursuing a certification programme in the technology. The article will discuss the different job roles, salaries and top recruiters of Blockchain professionals.
Blockchain is not only spread across the world of cryptocurrencies and platforms but also is playing a significant role in industries like healthcare, infrastructure security, digital advertising, education, cloud computing, forecasting, entertainment, and many others. In its new report, the job search website Hired revealed that there's been a 517% increase in demand for software engineers with blockchain development skills in the past year.
In its analysis, Hired found that the blockchain development skills are among the top three job openings in the jobs posted by the recruiters of software engineers. Moreover, Blockchain technology has gone far beyond its beginnings in banking and cryptocurrency. In 2019, businesses are expected to spend $2.9 billion on it, up almost 90% from 2018, says IDC.
With such a huge scope in the future, it is also important for all the job seekers to understand the roles and responsibilities of being a Blockchain developer/professional.
Education Required to be a Blockchain Professional
A career as a Blockchain Professional requires a bachelor's degree in Computer Science Engineering (CSE) of Information Technology (IT) or a related discipline. Usually, education depends on the job role. Some positions only require relevant experience and programming skills, and other positions require a degree and experience. As a blockchain developer, everyone has a huge scope to enhance their skills and knowledge. There are various online platforms on connecting which, professionals will get valuable networking and training opportunities.
Skills Required for Blockchain Developers/Professional
It is essential to have excellent programming skills for a person interested in working as a blockchain professional. Experience with cryptography and specific blockchain protocols, such as Bitcoin and Ethereum, will be very helpful. As a blockchain developer, one should also have strong analytical abilities. It is needed to evaluate a company's needs and resources and implement appropriate solutions. Effective communication skills will also help the Blockchain professionals to work with engineers and other technical personnel in developing streamlined solutions.
Job Roles of Blockchain Developers/Professional
Blockchain developers/professionals are responsible for the full life cycles of blockchain applications i.e. from research and analysis to design and execution. The professionals create interfaces, develop specific features, and an architecture for different purposes using various programming languages. By building a robust infrastructure, Blockchain professionals set up security measures to protect against cyber-attacks. The Blockchain professionals usually work in technology services firms or the IT wing of an organisation.
Salaries
Salary packages of Blockchain Professionals depend on the qualification, job roles, job profiles, and years of experience. Usually the annual package of fresher lies between 5 lakh to 5.5 lakh per annum. Candidates can refer to the table below to get an idea about the salary packages offered to a Blockchain Professional.
| Job Profile |
Annual Package (In Rupees) |
|---|---|
| Systems Analyst |
4,15,000 |
| Software Engineer/Programmer |
4,32,000 |
| Associate Software Engineer |
5,07,000 |
| Software Developer |
6,00,000 |
| Software Designer |
6,67,000 |
| Technology Analyst |
7,50,000 |
| Senior Software Engineer |
8,71,000 |
| Senior Software Engineer/Developer/Programmer |
10,00,000 |
| Senior Technical Consultant |
10,00,000 |
| Technical Architect |
20,00,000 |
| Technical Consultant |
20,00,000 |
| Solutions Architect |
30,00,000 |
| Associate Partner, Consulting Services |
40,00,000 |
Top Recruiters
Below is the list of some renowned companies that recruit Blockchain professionals
- PricewaterhouseCoopers (PwC)
- Ernst & Young
- Deloitte
- KPMG
- IBM
- Accenture
- Peernova
- Capgemini
- Appliedblockchain
- BTL
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