Blockchain Jobs

Think about the inventions that changed the world:

There was the wheel… Boom!

Later came the printing press and the steam engine. Those were some game-changers!

(Can you even imagine a world without electricity or, God forbid, without the internet?)

Let’s flash forward to the Present and we get to:

Monetary transactions, digital wallets, and cryptocurrency. 

There is a reason why blockchain jobs are on the rise!

These blockchain stats will give you an idea:

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Blockchain Stats (Editor’s Choice):

However, in order to get a better grasp of what blockchain technology and jobs related to it can do for us, we need to start at the beginning.

Blockchain Explained

From barter to gold, from gold to coins, from coins to paper money and all the way to cryptocurrency. It makes sense that with the advancements made in technology and the world around us our money would change as well. 

Some people are still not used to the idea of cryptocurrencies and are viewing them as the devil’s work. However, there is no denying the fact that they’re here to stay.

Thanks to Bitcoin reaching its all-time high of around $20,000 in 2017 crypto jobs have expanded. 

However, none of it would be possible without blockchain technology.

So how important exactly are blockchain-related jobs in contemporary times?

The best way to describe blockchain is that it is a chain of blocks that are connected sequentially using complex cryptographic logic.

This definition may sound frightening to novice readers. So an easier way to understand it would be that it includes storing digital information, or blocks, in public databases, chains.

The technology was introduced by a person, or a group of people, under the pseudonym Satoshi Nakamoto and was initially used to implement Bitcoin cryptocurrency.

However, due to its high-security levels, this technology is being used more and more in business transactions.

Now that we’ve covered that, it’s time to talk about blockchain developer jobs in detail.

Who is a Blockchain Developer?

With so many developers out there, one can easily get confused by what all of them are actually doing. But a blockchain developer does have a clear role.

A Blockchain developer is mainly responsible for optimizing and developing blockchain protocols. They have to construct the architecture of a blockchain system and develop smart contracts and apps using blockchain technology.

But generally speaking, any person who is involved in the development of blockchain technology can be referred to as a blockchain developer.

Blockchain statistics also reveal that there are two main types of developers:

  • Core Blockchain Developers: They design protocols and the architecture of a blockchain system. Additionally, they create consensus protocols and make high-level development decisions.
  • Blockchain Software Developers: Their job is to use the architecture and protocols designed by the core blockchain developers and build decentralized applications.

However, as with each type of position, one does need to acquire certain skills before starting.

Let’s find out more about the necessary skills:

Blockchain jobs Leftronic

What skills do Blockchain developers need?

Any blockchain position is going to come with a set of necessary skills for the job. However, when it comes to this type of technology, the skills needed are more technical in nature.

Now let’s see what some of the most important skills to have in order to become a blockchain developer are:

Blockchain Architectures

One of the most important pieces of becoming a blockchain developer is having vast knowledge about the functions of blockchain and its architecture.

Even doing certain blockchain freelance projects will require you to know what concepts like consensus, cryptographic hash functions, and disturbed ledger technology really mean.

The best way to understand these concepts better is to go through the bitcoin blockchain whitepaper.

Cryptography

Blockchain is a combination of data structures and cryptography. So, it is more than obvious that a solid understanding of cryptography is needed to become a blockchain developer.

You will also need to know about asynchronous cryptography in order to generate digital signatures. Without possessing any knowledge of cryptography, it is impossible to become a blockchain developer.

Data Structures

All blockchain jobs are going to require a thorough knowledge of data structures and how to apply them. Blockchain developers are tweaking existing data structures all the time. Blockchain uses a vast number of data structures in tandem with advanced cryptography in order to build a secure and impenetrable system.

Web-Development

Web development is an important aspect of blockchain. Most of the time, when starting a career in this field, one will be employed to do the basic designing of decentralized applications.

Understanding of front-end and back-end development is necessary even for home-based blockchain jobs and may include things like creating interactive graphical user interfaces for Dapps, request handling, API handling, and more.

Smart Contract Development

Since the release of Ethereum, smart contracts have become a very important part of blockchain. Every blockchain today is striving to incorporate smart contract function within their systems as it offers better long-term investment potential than pure cryptocurrencies.

Some network-specific languages that one needs to learn include Viper, Solidity, and Chaincode. Knowledge about these programs will ensure favorable results. Thus, developers that want to get into the blockchain field absolutely have to know about smart contracts.

This concludes the part about the technical skills needed to become a blockchain developer.

Next, we can discuss certain responsibilities that come with the job.

Blockchain Developer Roles and Responsibilities

Working as a blockchain developer comes with a slew of important responsibilities. Given that this is an important role in today’s world, so one needs to have a great understanding of the job.

Here are some main responsibilities that a blockchain developer has:

  • Research, test, develop and design blockchain technologies.

  • Maintain and extend applications responsible for integration and business logic.

  • Brainstorm and evaluate applications for new tools and technologies as they evolve.

  • Be involved in the global blockchain community.

  • Document new solutions and maintain existing ones.

Many people still wonder if they need any formal education to work as blockchain developers.

What Education Do I Need to Become a Blockchain Developer?

If you have your eye on some of the jobs in blockchain industry and think that you don’t your education is relevant enough, think again.

Actually, most of blockchain developers working today don’t really have any formal education to begin with. What they do have are amazing coding skills and an understanding of the right programming languages.

However, most employers request applicants to at least have a Bachelor’s degree in either computer science, information security, or other related fields. Nevertheless, you can get by on programming skills and experience because that is what many employers are looking for.

Blockchain Degree

Quite surprisingly, in recent times, many universities began offering blockchain courses. Thus, today you can find such courses in universities like MIT, Georgetown, Cornell, Duke, and many others.

In the past, universities have been notoriously slow when it comes to adopting new fields, especially technical ones. It takes a lot of time for a committee to be formed, to devise courses, and to implement it all correctly. Luckily, some of the more modern universities have seen potential in this field and had a more serious approach to it.

Blockchain Certificates

Many people are actually opting for acquiring some kind of blockchain developer certification, as it holds many advantages opposed to a traditional degree.

What are the advantages of blockchain certification?

  • An average course lasts anywhere between 4 weeks to 2 years.
  • Certifications are much more readily available.
  • It is a lot cheaper than getting a degree.
  • Certifications are more subject centric.
  • Degrees are usually the logical choice for those fresh out of school, while older folks have less time and gravitate towards certifications and courses. 
  • Certifications are more universally recognized than degrees.
  • Employers prefer skill over theory.
  • A certificate curriculum is more up-to-date than degrees.

At this point, you’re probably considering getting a certificate in a blockchain-related field. But which one?

Here are some blockchain certificates that one can acquire:

  • Ethereum Accelerated Developer Program
  • Smart Contract Security Accelerated Program
  • Blockchain for Business Accelerated Program
  • Blockchain Regulations Accelerated Program
  • Hyperledger Accelerated Developer Program

However, there is something much better than all of this…

Best Blockchain Programming Languages

Since most employers prefer having a worker with experience, programming skills are what will get you places. So having basic or, even better, advanced knowledge of a specific programming language is what will give you an edge.

Here are some of the most important ones that you can learn:

C++

C++ is a major language supporting almost every important technology in the industry. Its superiority has become largely apparent in the blockchain field. The best example of that is that Bitcoin was written in C++. You can see why it’s necessary for any cryptocurrency jobs.

Java

Java is probably the second most important programming language in the industry. It is similar to C++ as it has an object-orientated approach and an enormous community of third-party applications and platforms. The main benefit of using Java is its highly capable portability.

Python

Python is perfect for novice developers! However, blockchains built on Python tend to underperform when it comes to complex cryptographic operations. It does give the ability to a developer to prototype their ideas though. It has an object-orientated approach that helps to cope with certain performance-orientated issues.

Solidity

Being familiar with Solidity could be important for future crypto careers. In fact, it is the fastest-growing blockchain programming language. It was created by the Etehereum core team with smart contracts in mind as a way of solving many unique kinds of problems.

C#

C# was originally popular with Microsoft-related fields, but it quickly gains recognition as an important programming language for blockchain. It allows open-source developers the ability to create highly portable code that can run on all devices.

Ruby

Ruby may be old in the eyes of the industry but it recently started gaining momentum as a blockchain programming language. It is more than important for all developers and even crypto remote jobs. It is an interpreted high-level language with object-orientated features. It’s very similar to Python in that sense. It offers the ability to rapidly prototype by using open source third-party APIs and plugins.    

These are the main languages you should study if you want a career in blockchain.

On another note, some people are still confused about the technology behind blockchain. 

We cover this next!

Which Technology Should Blockchain Developers Use?

What is Blockchain used for?” is one of the questions most often heard. Let’s look at some technologies that rely on blockchain:

  • Bitcoin: Bitcoin is not only the largest cryptocurrency, but it is also written using C++. Cryptocurrencies are not only applicable to blockchain technologies as Bitcoin development opportunities are now widely diversified.
  • R3: When it comes to developer jobs in R3, they are best suited for those with a background in capital market systems. Succeeding in this field would be really hard for someone without any business sense as it is fully focused on the financial market.
  • Ethereum: Ethereum not only provides opportunities for cryptocurrency but also for smart contracts and the distribution of development of applications. Cryptocurrency statistics will only confirm the importance of Ethereum.
  • Hyper Ledger: Hyper Ledger is a kind of hub for open industrial blockchain development. It does not support Bitcoin nor any other cryptocurrency, but is supported by blockchain technology. 

Now let’s look at some job types that you might be applying for.

Blockchain Developer Resumes

In order to help you better understand the blockchain developer jobs types, we need to look at what employers are looking for in a CV.

C++/Go Developers

Skills required – Web application development; Object orientated programming; Android/iOS development; Understanding of Bitcoin and blockchain; Expertise in C++, Go, Java, and C#.

Average salary – $100,000

Freelance hourly rates – $35

Ethereum Developers

Skills required – Dapp making abilities; Solidity proficiency; Experience with web programming like JavaScript and Python; Proficiency with blockchain, Bitcoin and Ethereum; Experience with ICOs and wallets.

Average salary – $110,000

Freelance hourly rates – $50   

Ripple Developers

Skills required – Technical knowledge of ICOs; Creating tests for Ethereum; Expertise in Python, PHP/Laravel, C/C++, Go, Java, OOP; Experience with smart contracts.

Average salary – $150,000

Freelance hourly rates – $50  

Next, section of our article will the potential earnings for this position!

Blockchain Developer Jobs Salary

IDC estimated that in 2018 the global expenditure on blockchain solutions would rise to $11.7 million by the year 2022. That means that there is a lot of money to get in this field.
But if we look at some other countries we get different figures. For instance:
  • Companies’ in the UK do not pay more than $140,000, while a startup earns about $60,000.
  • The base salary in Canada for a blockchain developer is $131,000 a year. The average salary of blockchain jobs for freshers is $85,500 while professionals can earn up to $175,750.
Additionally, if we take a look at some major cities in the US we get these numbers:

Now when you know how much you might be getting, the next question is where to look for a job.

You might find the answer in the upcoming section.

Blockchain Related Jobs Around the World

Last year, Indeed established a 90% increase in jobs related to crypto, Bitcoin and blockchain.

Advanced research even goes on to say that crypto jobs and other blockchain-related positions have seen a staggering leap of 4,086% over the last three years.

This number really sounds amazing!

Don’t get us wrong, much of it is due to the increased needs in the IT industry. Somehow it all relates and gets back to cryptocurrency or blockchain, which is the hot field everybody is trying to get into.

But where should you search for a position related to blockchain?

Blockchain Related Jobs in the USA

If you are living in the US and you type in “blockchain jobs near me” in your browser, you will get some interesting results.

As IBM is one of the companies that offers employment opportunities in this field, it is no surprise that the US is a hot spot when it comes to blockchain type of work. High-tech areas located on both coasts of the US are a hotbed for blockchain developers.

LinkedIn, for instance, has seen a 33% increase in blockchain-related jobs within the past year in the US. And as you can probably guess, you can find those blockchain developer jobs in NYC.

Some major metropolitan areas that offer the most blockchain-related job opportunities in the US include:

  • San Jose – Sunnyvale – Santa Clara, CA
  • New York-Newark-Jersey City, NY-NJ-PA
  • San Francisco-Oakland-Hayward, CA
  • Austin-Round Rock, TX
  • Chicago-Naperville-Elgin, IL-IN-WI
  • Seattle-Tacoma-Bellevue, WA
  • Denver-Aurora-Lakewood, CO
  • Boston-Cambridge-Newton, MA-NH
  • Washington-Arlington-Alexandria, DC-VA-MD-WV
  • Los Angeles-Long Beach-Anaheim, CA

But the US is not the only place to find a job in the blockchain industry. Other areas are developing and slowly catching up.

One of them is China.

Blockchain Jobs in China

In the first half of 2019 alone, blockchain investment projects pushed in China have reached $367.7 million. The growing interest of the Chinese market in blockchain and the rising talent pool of workers there has drawn attention from companies like Blockchain Global.

Additionally, Chinese president Xi Jinping has backed the development of blockchain technology in China. That has created a lot of excitement there related to crypto freelance jobs and full-time opportunities as well. It also sparked and renewed the familiar talks of China finally launching their own digital currency.  

There were 71 confirmed investment deals in the first half of 2019 in China and they mostly occurred in Beijing, Shanghai, and the Guangdong province.

Why Opt for a Career in the Blockchain Industry?

If you are still not convinced about starting your career in the blockchain industry, we have some more convincing to do. The demand for blockchain developers is at its all-time high currently and the numbers seem that they are not going down any time soon. However, it is still better to get in earlier as it will have more benefits in the long run.

If you are still contemplating the idea of part-time crypto jobs or full-time employment, please consider these reasons…

Better Pay 

Cryptocurrency and blockchain are still considered a young industry. Being at its infancy, and in some cases its developmental stage, it mainly attracts young talent. 

However, this also means that the pay in any blockchain-related job is 10% to 20% higher than in other positions. This also includes remote blockchain jobs as they too allow you to earn big bucks.

Note that the profit-sharing models in crypto are way better than anywhere else. The incentives are much higher as well.

Remote Flexibility

Working from home is a benefit that most employees look for these days. The concept of going to the office every day has become outdated. The blockchain and crypto market is a field that allows you that sort of flexibility.

Thus blockchain engineer remote jobs are available almost everywhere you apply. It is easier and sometimes more relaxing than trudging your way to an office each day. Crypto companies are much likelier to give you this kind of arrangement.

Employee Liquidity

This is something that mainly relates to token companies. Startup companies would often give equity to their employees who in turn have to wait for a liquidity event in order to sell shares. Some companies even block secondary transactions.

Blockchain companies usually give tokens to employees that act as equity compensation. You can’t really get it for remote blockchain internship, but those who get one should know that these tokens are inherently liquid. Being offered these tokens is something that can give an edge when choosing your future employer.

This concludes everything that one should know about blockchain jobs. Hopefully you found in both informative and inspiring. 

To Conclude

The future is now and it comes with blockchain technology.

Cryptocurrency is a potential step in evolution in terms of money transactions for the future. Blockchain tech is what will stir it in the right direction.

But as you can see, blockchain is also more than necessary for other fields. Security is one of them, especially in a technological world that is almost deprived of privacy.

Blockchain jobs will continue to rise, evolve and prosper and might someday bring revolution to our world… hopefully for the better!

We might yet get to see a Brave New World ahead of us.

FAQ

Q: What Does a Blockchain Developer Do?

A: A Blockchain developer’s duty is to develop and optimize blockchain protocols, to develop smart contracts and web apps, and create the architecture of blockchain systems. If a person has any ties with blockchain technology or blockchain jobs, he or she may be called a blockchain developer.

Q: Which Programming Language is Best for Blockchain?

A: In terms of which programming languages to use for Blockchain, there is no definitive answer. Programming languages are very important for the crypto world and blockchain technology. Anyone would tell you that it is best to learn as many as possible.

C++, Java, and Python are probably the best ones to start with as even crypto marketing jobs require basic knowledge of them. Other programming languages to consider include Solidity, Go, C#, JavaScript, and Simplicity.

Q: How do I Start a Career in Blockchain?

A: Starting a career in this field is not easy and requires you to possess specific knowledge about blockchain. Tech-savvy people are often perfect candidates for this role. You don’t really need a diploma but it would be good to have a Bachelor’s degree in computer technology or any other related field.

It would also be a good idea to attend some courses or get a certificate. But the best way to jumpstart your career in blockchain is by learning a programming language. From there you can choose any position related to blockchain and even opt for real estate blockchain jobs if you wish.

Q: Are Blockchain Developers in Demand?

A: As our research shows, blockchain developers are the new craze. Certain sources indicate that there are more than 12,000 full-time openings listed currently. In addition, reports say that the need for these types of jobs has risen by 400% in recent times.

Answering the question “How many Blockchain developers are there?” is really hard right now, but the closest we can get is “A lot!” The demand will only keep growing and it is advisable to get the necessary skills you need as fast as possible and jump on the bandwagon early on.

Q: How Much do Blockchain Developers Make?

A: Being a blockchain developer will earn you a pretty penny. Since this is a very responsible job position it also comes with high salaries. However, it still depends on what your exact position might be and the place where you are working at. Crypto consulting jobs, for example, might pay differently than some other blockchain jobs.

Depending on the opportunity, you can go as low as $50,000 all the way to $200,000 a year for senior positions.

Seems pretty neat to us!