Careers in Blockchain Technology and Cryptocurrency: What's the Scope?
Technology evolvement comes with its values. It has been slightly over a decade since cryptocurrency and blockchain emerged in the industry. Initially, cryptocurrency was supposed to make payments easier and faster across borders, where financial transactions were not easy or permissible. Bitcoin, the first digital currency, also made the transactions transparent while keeping user information private. The blockchain network facilitates the transfer and recording of the data involving any digital financial transactions.
With its development, the blockchain network has evolved, and more currencies have come to exist. Currently, there are over 5000 cryptocurrencies on the market. While most of them have a distinct goal, some do copy others. Each cryptocurrency has a distinct value against the fiat (e.g. USD, NZD, etc.) currency.
Apart from transactions, blockchain technology facilitates the creation of digital goods and investments. It is not uncommon to find people from various industries interested in the development of blockchain and the essence of cryptocurrency in their businesses and ventures.
So, what do crypto and blockchain have for the future career-wise? With the industries growth, many fascinating opportunities in cryptocurrency or blockchain exist.
Here are some of the jobs to watch out for in blockchain and cryptocurrency.
1. Blockchain Development
Blockchain technology is in high demand, and many companies want to use it to transform their businesses and systems. Accordingly, there is a need for blockchain developers to help in changing the companies' ambitions into a real value with the technology. As demand grows, and with successful results from many firms, the need for developers in blockchain and crypto-systems is necessary.
Beginning from the foundation, you will realise that it is essential to know how the technology works, where it runs, and its abilities. Before implementing blockchain into any business, you need the development skills, and a cryptocurrency course will be a good start before you delve into the full blockchain system. You also need to have some development skills in C++, Java, Python, or other developer languages.
2. Project Management
The development and implementation of blockchain entail processes and stages. One or more developers can work on a project, including some other workers doing the testing and flow. The tasks may be too overwhelming, and they need structured and planned approaches.
A project manager in the blockchain development allocates the projects to the blockchain developers. Apart from the ordinary project management and communication skills, the project manager's in blockchain and cryptocurrency fields need a deep understanding of the area. It is only through their blockchain skills that they can assign the projects to the experts with appropriate qualifications and ensure the delivery follows the expectations or rules.
3. Blockchain Solutions Architect
After developing a blockchain program, it needs to connect to the services the company offers to provide a seamless process and robust security according to the company goals. Blockchain solutions architects know technology's concept and application inside and out.
The solutions architects are responsible for designing blockchain projects, and, when complete, assigning them to the relevant field where they are required. Such areas may include network administration, UX, or IT solutions. The blockchain solutions architect needs to work with the people responsible in these areas to ensure that the developments meet the company's needs in blockchain implementation.
4. Quality Assurance Engineer
In a blockchain development environment, there is a need to ensure that the investment brings the desired returns. But that starts by ensuring that the projects are working as expected. And that is the duty of blockchain quality assurance engineers. As a quality assurance engineer, you will work alongside the team of developers to ensure that each project meets the best standards in the blockchain environment.
The whole blockchain system depends on quality assurance engineers to make sure there is no mistake in the systems. You will be the third eye the company relies on for the effectiveness of the projects. Your attention to detail is critical, and you point out any mistakes you identify immediately. Communication skills are essential for quality assurance engineers.
5. UX developers
The introduction of new architecture in company applications and solutions means a unique experience for end-users. And, as you already know, you cannot present raw data as the service or information to users. People who access your blockchain service need a front-page or user interface that allows them to call upon the data they need. Since it is the age of eCommerce, blockchain technology and AI together could be used to enhance customer purchasing pattern reorganisation through eCommerce mobile apps.
User experience developers have to work hard, transforming the blockchain project into usable interfaces people can use to access the scheme. They need to put in a lot of effort and time in creating seamless and user-friendly interfaces that comply with the new technology integration.
6. Legal Consultants
In every production environment, there are some legal issues that you need to address before implementing new technology. For instance, privacy policies, customer information, and the anonymity of information may invite the interest of both the application users as well as the legal agencies, including the government.
Here comes the trick. Blockchain legal consultants are not your ordinary attorneys. Firstly, blockchain is a crossborder technology accessible worldwide, and people from all parts of the planet need to understand your applications, usage, and legal terms. An ideal blockchain legal consultant should speak various languages, at least to cover a significant part of the world.
But knowledge of the language is not sufficient to serve as a legal consultant in the blockchain industry. International law comes into play when handling matters that affect people and organisations abroad. You would also need to have an understanding of the blockchain workflow and cryptography processes.
Blockchain and cryptocurrency are here to transform the way we work. They improve a company's business while creating new job opportunities - and we've only touched on six careers in blockchain! You can follow this link to start browsing the available blockchain jobs in the market and build your career.
About the author:
Jenny is a passionate writer & guest blogger. Writing helps her to improve her knowledge, skills & understanding about her industry. She loves to educate her audience about business strategies and bloggers outreach techniques via her writing skills. Apart from writing, she loves travelling & photography.
The above references an opinion and is for informational purposes only. Do not take this as personalised financial advice or investment advice. The views expressed by the author do not necessarily represent the opinion of BitPrime.
Last updated: 03/04/2020