The true potential of blockchain is yet to be tapped!
Are you in love with computers? Do you want to be a blockchain developer?
Are you ready for bigger challenges and taller obstacles towards machines & automation? Have you already passed your “Hello World” phase into next-level coding?
Just figure out how to integrate it with the existing code sets/architecture of your company/business. Now, that takes time Jack!
What will you do as a Blockchain Developer?
Blockchain has applications across various other industrial sectors too as for examples, manufacturing (AI/ML), automotive, financial services, law, healthcare, real estate, banking, transportation etc.
You will specifically need a Computer Science or an engineering degree or originally be comfortable with some technologies like:
Blockchain companies love people who have open-source contributions/projects.
You must love Microsoft’s GitHub or its rival Gitlab to be loved in the blockchain community.
Just joking. Not essential, though.
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Blockchain is implemented through DAPPs (a kind of software). DAPPs are full stacks of code sets developed / borrowed by any company (operating in any industry such as healthcare, manufacturing, automotive, finance, law etc.) which intends to implement blockchain related decentralized ledger technology to be used in their own business to cater to business needs.
Say for an example,
A startup wants to store health data of every subscriber on a blockchain to be used by hospitals / healthcare centers etc. This will be done via a DAPP.
Every company has to code its own DAPP / borrow DAPP templates from repositories available across the world and start creating a chain to store data to satisfy respective business needs depending on what type of data & how much they want to store.
Powerful computers are required which will only be used for creating blocks & store data and no other task. These blocks will store a typical type of data in a specific file format.
Like, blockchain may be used to train a computer or robot in learning from experience such as identifying an image or speaking / understanding a human language etc.
Other examples include:
Aka DeFi (decentralized finance)
..where companies can load & share wealth of donors/investors among each other without the interference/ help of a bank. Decentralized lending is just like putting your hand in your pocket to lend money to someone. Smart contracts govern the whole process. A smart contract automates both the lending and borrowing agreements. A DApp grants a smart contract and borrowers to a lender. Top examples are Aave, Uniswap, Maker etc.
Likewise, blockchain technology can be used in the healthcare industry to store a patient’s disease histories or clinical profiles or drug research information including various disease areas or other type of data accessible to required hospitals, healthcare centres, medical facilities . A patient / physician / researcher / coder can access the data stored in the blockchain, as defined by the company.
Law is another thrust area where blockchain is being implemented. This will do away with lawyers, you’re right! Any legislative document or legal contracts (a type of “smart contracts”) can be registered onto a blockchain network and the possible outcomes can be triggered automatically when say suppose a date expires or a clause is not met etc.
Blockchain is already active for transportation enablers such as Uber or Ola. Uber now runs on blockchain by connecting drivers and passengers directly via the advanced Chandra–Toueg consensus algorithm of blockchain! Haha, don’t worry about that name. You will get a job without that too!
Blockchain Developer Job Roles
- Blockchain Developer
- Blockchain Solutions Architect
- Cloud Computing Architect
- Blockchain Engineer
- Software Engineer- Blockchain
- Privacy Analyst
- Research Scientist, Cryptography
- Product Analyst
- Distributed Systems Engineer
- Developer Consultant
- Intern Conversion Research Scientist
- Blockchain Product Management Intern
- Intern – Blockchain Solutions
- Research Intern – Cryptography and Privacy Research
Blockchain Developer Salary
After your Bachelor’s degree, at entry level jobs as a Trainee or Intern, you may expect to make about Rs. 25,000 – 50,000 or even more a month. Higher salaries are paid to graduates from premier institutions.
- At the junior level jobs, you may expect to get about Rs. 50,000 – 2, 00, 000 or even more per month.
- In mid-level jobs in India, (with 5-12 years of experience) may vary from Rs. 90, 000 – 1,50, 000 per month or even more.
At senior level (with 12-20 years of experience), you may earn about Rs. 1,50,000 – 3,00,000 or even more a month. Chief Technical Officers may earn about Rs. 50,00,000 to 3,00,00,000 or much more per year.
Blockchain Developer Companies
- Several popular enterprises such as IBM India Pvt. Ltd., Hitachi Analytics, Intel, Facebook (Calibra), Cisco, Capgemini Technology Services India Ltd., Amazon Web Services, Inc., Accenture, Bosch, Oracle, HP, Microsoft, VMware, JP Morgan Chase (JPMC Cybersecurity & Technology Controls Group), Binance, Sony, Deloitte (Innovation group), Lenovo, Uber, Ola etc.
- Some of these companies can also act as consultancies, for an example, IBM may design blockchain based solutions for say suppose, Signature Bank which does not have in-house IT / development capacity. Such is the case with many other IT giants.
- Numerous companies out of which some are IT-facing or some have anything to do with cloud computing and are innovating in emerging technologies such as
- Internet of Things
- Even healthcare management systems / laboratory information systems
- You may join innovation driven startups established in the fields of cryptocurrency exchanges (like Binance, BitForex, Huobi etc.).
Being a blockchain developer is only for the lion-hearted. Long tedious work-hours & tremendous pressure in a fast-paced environment is usually the case with most companies in this space today. However, if you have confused lazy fingers but still want to join the blockchain community, feel free to drop us a message or connect with our senior mobility experts to help you transition across your career journey.
Pages you’d like:
- 10 steps to become a blockchain developer – Justin Reynolds
- Career as a Blockchain Solutions Architect
- Blockchain Basics
- How to Become a Software Engineer After 12th?
- BSc Computer Science
- MBA in Canada: Know Why It’s The Best Choice For You
- All You Need to Know About Best Countries to Study in Europe
- MBA in Ireland: A Complete Guide for Indian Students
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- An Illustrated Guide to Top MBA Colleges in Germany
- Know Everything About Professional Courses After 12th Commerce
After acquiring a Master’s in Biophysics-Biostatistics and having subsequent experience in computational proteomics of animal proteins. Sreenanda has been working in this career counselling industry for 4+ years. She holds expertise in research and analysis of careers, jobs, and industries.