How to Become a Blockchain Developer? – Types, Roles and Skills
This confirms that cost reduction continues to be the main driver for European companies to outsource IT, like blockchain services. Some key areas of expertise for blockchain developers include:. Like all major technological developments and innovations, blockchain needs a firm base besides early adopters.
Most of them either failed or were just experiments. This regulation is designed to protect European citizens from privacy and data breaches. This is a key issue that has yet to be resolved. The global market of blockchain services is booming. Western Europe is the second largest region in terms of blockchain spending worldwide , after the United States of America.
Driven by the fast adoption in the banking industry, the financial sector is the leading sector for blockchain in Western Europe. However, the fastest growth is expected in professional services, discrete manufacturing and resource industries.
Blockchain technology is approaching a turning point , as the momentum shifts from exploration of technology towards building practical business applications. The financial sector is a frontrunner in its attempts to apply blockchain into business processes. This is because cryptocurrency traders were among the early adopters of this new technology. Other sectors remain slightly more reserved as they still work on developing appropriate use cases. The main difficulty is that there are currently very few active use cases.
However, the number of blockchain initiatives challenging traditional business models is increasing across sectors. Global multinationals are increasingly exploring the blockchain technology and its wide range of business opportunities. Also, hundreds of blockchain-based start-ups emerge in fast pace. The largest consulting firms have been focusing extensively on blockchain for some years already.
In , postings on job openings related to blockchain have more than tripled on LinkedIn. However, there is a considerable lack of IT training, certification and experience in the European workforce. This means, there may be a shortage of , data professionals in Europe by As awareness increases, more than one-third of financial services organisations plan to significantly invest in the blockchain technology in the coming three years.
Most of them have not yet developed the necessary blockchain skills. Even fewer currently have teams in place with a sufficient expertise level. This leads them to outsource blockchain development activities to specialised agencies and freelancers, offering you interesting opportunities.
Blockchain technology has mainly been focused on cryptocurrencies and financial transactions. However, industry experts around the world acknowledge the endless opportunities for the use of blockchain in other areas.
Some main areas with potential include:. There is a large need for traceability and accountability, for example in the food sector. Because of increasing global trade, the issue becomes more important every single day. Manufacturing takes place across the globe and there is a general lack or nonexistence of transparency between suppliers. Blockchain technology is perfectly suited to offer a solution for supply chain issues and facilitate traceability.
An interesting example is Walmart, who has recently put a blockchain solution into practice. The multinational retailer has partnered with IBM to develop a tracking system of food products from farmer to the shelves. This is one of the first concrete cases where blockchain technology is used to support supply chain issues, especially traceability. This could also be useful in, for example, the pharmaceutical industry, legally required to maintain the chain of custody over all products.
Businesses are increasingly processing massive amounts of data big data to make accurate predictions. With blockchain, more accurate forecasts become more easily available for smaller enterprises and even consumers. Similarly, blockchain has interesting potential for Internet of Things IoT solutions. IoT is by definition a network of distributed devices, making it a good match with the distributed ledger technology of blockchain.
The main advantage of using blockchain technology for IoT is the trust it adds. Because of the expansion of the internet and new technological developments, identity theft and fraud have become increasingly common issues. Identity verification is challenged by, for example, mass data breaches. Security improvements have not yet been sufficient to counter these threats.
Using blockchain technology could prevent identity theft by giving people more control of their own data. Under the GDPR, any company or individual that processes data is also responsible for its protection. This means it also applies to you directly! The personal data this regulation protects can range from a name or email address, to bank details, social media content, a photo or an IP address.
Some key consumer rights you must comply with include consent, right to access, data portability and the right to be forgotten. You also need to practice privacy by design, meaning data protection should be included from the onset of designing systems. With the rise of blockchain technology development and initiatives, there is an increasing interest in blockchain certifications. Obtaining one or more of these certifications shows potential European buyers that you are a reliable outsourcing partner.
The Blockchain Council offers numerous courses and certification programmes, including their notable Certified Blockchain Expert training. It prepares professionals with a profound understanding of blockchain technology. In addition, it develops your skills and knowledge in blockchain-based applications for businesses. The Central Blockchain Council of America covers three certification programmes for different roles in blockchain development.
These include business blockchain professional, certified blockchain engineer and cryptocurrency investment professional. The Coursera: Blockchain Specialization course dives into four blockchain technology areas: basics, smart contracts, decentralised applications and platforms. It gives you a broad understanding of the entire blockchain technology system.
The full programme requires hours of time investment per week, for a period of 16 weeks. See our study about buyer requirements on the European outsourcing market for more information.
Competition on the European blockchain market does not differ significantly from the outsourcing market in general. Refer to our top 10 tips for doing business with European buyers.
European companies prefer to outsource services to providers within the same country onshoring. When outsourcing abroad they prefer nearshore locations because of proximity, language, cultural similarities and the little or no time difference. These are usually Eastern European countries, due to their relatively low wages. For example Poland, Bulgaria and Romania. However, prices in nearshore countries are rising. This development makes service providers in these countries less competitive for offshore service providers.
It makes European companies more open towards outsourcing to destinations further away. You can choose to form subcontracting partnerships with these nearshoring providers, or compete with them. Offshoring destinations with the strongest potential are:. Subcontracting by European service providers is your most realistic market entry channel. It means that European service providers subcontract blockchain development assignments to you, which end user companies have contracted to them.
Startups are offering top compensation packages, in particular for blockchain developers , as they compete for talent in an industry where supply is limited. The demand for blockchain talent has also grown as established companies, such as Amazon , Facebook and IBM , launch new teams to work on blockchain technology, and explore blockchain use cases. We looked at all the blockchain jobs that have been listed on Cryptocurrency Jobs to estimate the average base salary for technical and non-technical roles in the blockchain industry across Asia , Canada , Europe , and the U.
We created a separate category for remote blockchain jobs. We excluded salary data points that were either a lot lower or higher than expected. All average base salaries are listed in U.
These estimates do not factor in variable compensation, such as equity, signing bonus or any perks a company may offer. The data also showed that the highest paid salaries are found in New York and San Francisco. This is also where the majority of blockchain jobs are found. You can explore salary ranges for all job titles listed in this article by clicking here. We have provided these salary estimates to help you know your worth so you can make more informed career decisions. But this is also an initiative to bring transparency into the blockchain industry and help create pay equity in the workplace.
The dataset used to estimate average base salaries is limited, but this starts the conversation. If you would like to contribute, you can share your salary anonymously by filling out this form.
Blockchain Job Category
This will Quazard Financial Gaming. Are you a Software Developer who breathes Blockchain with experience in trading and a passion for gaming?
Quazard Financial Gaming are democratising the financial markets for the next generation of online traders. Through gamification we teach players how to trade and South East London. By tokenizing assets on a unique blockchain-based platform, They democratize investing and streamline the entire process, offering both investors Talent Finder.
Team, Sales and Operations. Your insightful contribution will help develop, expand, and maintain our marketing channels. Please Note I need several experts blockchain development exchanges and wallet for long-term project Frontend: React.
Hertford, Hertfordshire. Neon Music. We are looking for an experienced blockchain wallet developer to create an open-source client-side Ethereum wallet that uses a username and password. We require wallet holders to have control of the keys generated. Ultimately it needs to be dummy proof for non crypto enthusiasts Senior Brokers wanted - Blockchain and Cryptocurrency based in Mayfair My Client is an international exchange-traded fund and we are looking for Senior Brokers to join their team.
You will act on behalf of private investors and organisations advising and assisting Mayfair, Greater London. The full-time Master of Science in Business Analytics MSBA program trains future business leaders on state-of-the-art business analytics tools and techniques. Learn to think and act entrepreneurially, synthesize and draw insights from complex data, and use analytics to tell effective stories that impact business strategy in a number of industries including healthcare, IT, finance, management, human resources and more.
Add to that uncertainty over legal and regulatory hurdles to blockchain adoption, and you could be forgiven for thinking was a bad year for the technology. If it was supposed to be a bad year, someone forgot to tell blockchain hiring managers and recruiters, as hiring sites saw huge surges in openings for blockchain- and crypto-related jobs.
Glassdoor saw a percent jump between August and August According to a PwC Global survey , the top concerns are:. Despite a bumpy , looks to be a banner year for jobs in blockchain, and here are nine of the best jobs to consider, which companies and industries are hiring and what salary levels you could expect to see when you hit the job market. Any company investing in blockchain needs software engineers, making this job by far the most in-demand among all companies hiring.
Most companies are seeking individuals with at least undergraduate degrees in computer science, computer engineering or other engineering degrees, especially for high-paying senior roles.
Popular industries include currencies, of course, but also smart contracts, regulatory technology, banking and others. A role that requires technical expertise but also a strong dose of the human touch, blockchain technology architects are responsible for end-to-end implementation of blockchain solutions.
Knowledge of and experience in the programming languages needed to produce blockchain applications are needed, and computer science degrees are generally required for senior roles. These individuals lead all aspects of design and development of blockchain applications across multiple teams, ensuring products are delivered on time and in budget. Hands-on programming experience is generally not required, but knowledge of languages and programs used is helpful. Experience with project timelines and budgets isrequired.
The required education will depend entirely on the specifics of the job, but risk analysts interested in careers in blockchain should have a strong grasp on the technology and specific programming languages used to build blockchain applications. Successful candidates will have experience and education in media, communications, PR or journalism as well as a deep understanding of blockchain, related technologies and issues within the industry.
In an industry filled with legal and regulatory confusion, privacy issues and consumer protection statutes, as well as potential conflicts over intellectual property used to develop code and algorithms, lawyers are in huge demand in the blockchain industry. Experience in mergers and finance law is helpful, too, as blockchain businesses are often targets for purchases by larger companies.
Blockchain developer jobs
Average blockchain salaries for 15 different blockchain job titles by region continued Job title U. In the example below, John wants to send money to David using blockchain technology. Security improvements have not yet been sufficient europe counter these threats. European companies often jobs proof of your technical skills. Developer an architect and lead developer, europe will take initiative in designing and building at the bleeding Jobs main advantage of using blockchain technology blockchain IoT is developer trust it adds.
Blockchain in Europe
Provide excellent communication, availability in the required time europe and good security and privacy measures. Through what jobs can you get your blockchain services developer the European market? Last updated: Oct How much does an engineer blockchain in the blockchain industry make? Despite blockchain rocky in cryptocurrencies, the europe is alive and well, judging by investment developer human capital. Lead the development jobs. Using blockchain technology could prevent identity theft by giving people more control of their own data. However, prices in nearshore countries are rising.
Disclosure: We strive to provide information on this website developer is accurate, complete and timely, but we make no guarantees about the information, the selection of schools, blockchain accreditation status, europe availability jobs or eligibility for financial aid, employment opportunities or education or salary jobs. A local contact person is an advantage, especially if you are located in a lesser-known developer destination. In the example below, John wants to europe money to David using blockchain technology. Average base salaries blockchain 15 different blockchain job titles by region Job title Asia Canada Europe U. Be transparent in your pricing: avoid hidden costs.