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Blockchain Developer Job Description: Skills, Salary

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07th Sep, 2023
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    Blockchain Developer Job Description: Skills, Salary

    A blockchain could simply be a distributed database of records called blocks. These blocks are linked through cryptography, each containing a cryptographic hash of the previous block, a timestamp, and transaction data. A blockchain is a distributed and public digital ledger that records transactions across many computers so that the record cannot be altered retroactively without altering all subsequent blocks and links of the network.

    Blockchain developers are responsible for creating the architecture of blockchain systems, creating smart contracts and web apps that use blockchain technology, and building and optimizing blockchain protocols. Blockchain technology has revolutionized how the digital world manages data and conducts business. With the rising trend, there is potential growth in blockchain development in the coming years. To gain more knowledge of blockchain, it is recommended that you go for Blockchain development courses

    Importance of Blockchain Developer

    A blockchain developer is important because, firstly, a blockchain developer understands the structure and protocols of the technology. Secondly, it creates decentralized applications (dApps) and smart contracts based on blockchain technology. Apart from this, a blockchain developer is important because: 

    • Help in Creating a Safe Database for an Organization: Blockchain is a distributed, immutable database, and it can help cut down on fraudulent actions inside of an organization. 
    • Improved Data Security: Blockchain developer encrypts data with cryptography. Therefore, this makes it challenging for hackers to obtain sensitive data and break into the system. 
    • Efficient: Improves business efficiency by using the latest technologies to create a safe database. 
    • Cost Savings: A blockchain developer is comparatively more economical than hiring a third party for blockchain development. 

    Blockchain Developer Job Description

    Blockchain developer job description

    Following is a typical blockchain developer job description every employer looks for before hiring. The below-mentioned blockchain developer description will help you know about the position better:  

    Programming Skills 

    The first requirement of blockchain engineer job description is having a good command of the fundamentals of the subject. Additionally, they should know how to create and develop blockchain code. 

    Keeping Up with the Latest Changes  

    Blockchain platforms like Ethereum and Bitcoin are constantly evolving, so it's important for blockchain developers to stay up to date.  

    Encryption and Security Knowledge 

    Cryptography knowledge is mostly a required field in the job description of a blockchain developer. To construct safe applications and systems, a blockchain developer must have a solid grasp of cryptography. 

    Must Know Data Structures  

    Blockchain algorithms require a lot of data. Therefore, a blockchain engineer must be well versed in data structures like trees, graphs, hash tables, etc. 

    1. Duties of Blockchain Developer

    A blockchain developer is expected to fulfill the following duties: 

    • Utilize various programming languages to provide application functionality. 
    • Protect users from a variety of cybercrimes. 
    • Make a distributed blockchain-based network and keep it up to date. 
    • Research, analyze, create, test, build, and maintain various Blockchain applications. 
    • To work with management and other functional teams to determine the needs for blockchain technology and its development. 

    2. Blockchain Developer Qualifications

    Following are the set of qualifications and degrees that are required to become a blockchain developer

    • Must have a bachelor's degree in computer science, information security, or any related field.
    • with a minimum of two years of experience developing blockchains. 
    • Advanced knowledge of programming languages like Python, Java, and C++. 

    3. Blockchain Developer Requirements

    Blockchain developer job requirements are in various fields nowadays. Here are some sectors that are actively hiring for this profile:  

    Financial Industries 

    The financial industry has widely embraced blockchain. The general adoption of blockchain by the financial industry is only two to five years away. Various banks have already begun integrating blockchain into common operations. 

    Startups 

    A large number of startups are developing blockchain technology. For instance, Coinbase is a cryptocurrency exchange that facilitates trading cryptocurrencies like ether, bitcoin cash, and others. 

    Tech Companies 

    Many tech companies have already begun to adopt blockchain technology, including IBM, Walmart, and others.  

    4. Blockchain Developer Skills

    Blockchain Architecture: every blockchain engineer must have a thorough understanding of the architecture behind blockchain. They must know how blockchain functions, such as distributed ledgers, smart contracts, consensus, cryptography, and hash functions.  

    Cryptography 

    Every developer must have a strong foundation of cryptography as it is important for delivering a safe blockchain ecosystem. Blockchain developers must know cryptographic principles and techniques, including wallets, keys, and digital signatures.  

    Digital Contracts 

    Smart contracts let two parties transact goods and services directly. Developers should thoroughly understand what smart contracts are and how they enforce business logic because they have become a standard component of blockchain implementations.  

    Developing A Website 

    Blockchain engineers must have extensive web development knowledge. They must know how to create, develop, secure and optimize a website.  

    Programming Languages 

    Depending on the implementation platforms for the blockchain settings, blockchain technologies frequently use a variety of programming languages, such as Java and C++. 

    5. Blockchain Developer Salary

    Blockchain engineers' pay varies depending on factors like experience and talent, but the national average salary is $1,06,973 based on numerous parameters like qualification, skills, etc.

    Blockchain Developer Roles and Responsibilities

    Blockchain developer roles and responsibilities include the following: 

    • Designing protocol for blockchain and establishing a network security pattern and consensus procedures. 
    • Designing the network topology as well as directing. 
    • Blockchain system development, testing, and designing and constructing application features using a variety of code languages. 
    • Establishing security measures to prevent cybercrimes and using encryption to defend against hackers and other online threats. 
    • Introducing new technology for blockchain network security and educating the other members of the team about blockchain technology. 
    • Blockchain developer responsibilities also include observing the backend development for blockchain and designing interactive front ends for Dapps. 

    Blockchain Developer Resume Template

    The first step to securing a job is to apply for an emerging profession to have an impressive resume. As a blockchain developer, you must ensure that your resume differentiates you from the rest. You can add your additional skills, strengths, and most importantly why your hiring will be valuable in the organization. Building a perfect resume could be a tedious task therefore you can do so by using resume templates. Resume templates can help you by writing your skills, experience, and value in a better way. 

    A company hires a blockchain developer to incorporate blockchain technology in their organizations. It helps them to store data, build contacts, and process money transfers. Also, a blockchain developer can upgrade the existing blockchain technology in an organization. 

    View the blockchain developer resume template example given below to better understand the format.

    The skeletal structure of a blockchain developer's resume is the same as general resumes. You can start out with a concise introduction of yourself. Go ahead and list the skills you have mastered overtime. Proceed to add your work experience before you insert your education qualifications. Then comes the moment where you can add your certifications to outshine your blockchain developer resume. 

    How to Get Blockchain Developer Job?

    Here are a few things that can help you land a high-paying blockchain developer job: 

    1. Good Academics

    Before becoming a blockchain developer, subject knowledge of the computer science and math field is important. Mostly the eligibility to secure the job in this position is a Bachelor's or Master's degree with a focus on a pertinent subject. 

    2. Developing Skills

    A blockchain is a continuously innovative skill. Therefore, getting knowledge of various technical skills can add to your resume.  

    3. Understanding Blockchain Fundamentals

    One of the most crucial aspects is having adequate domain knowledge. Learning about real-time blockchain applications and how different consensus protocols operate can be helpful.  

    4. Learn About DApps and Ethereum

    Ethereum is a decentralized blockchain network system. It is based on the fundamental ideas of blockchain technology. It is an open-source technology developed for safe and encrypted transactions between organizations. It enables the development of Decentralized Applications (DApps), similar to standard mobile-based applications. 

    5. Training and Experiences

    Various platforms offer online training, and educational institutions offer blockchain development courses offline and online. Besides, the most important thing along with practical learning is to have some practical experience by learning through freelancing or training or internship.

    Blockchain Developer Career Growth

    The jobs in the field of blockchain development are growing between 2000 and 6000% per year. In India, the pay for blockchain developers is approximately 50–100% greater than for other developer positions. Following are the career options in this field:  

    1. Blockchain Developer

    Blockchain developers create blockchain applications. Though, before becoming Blockchain engineers, they must have extensive expertise working with C++, Python, and JavaScript.

    2. Architect of Blockchain Solutions

    All the planning, allocating, and connecting of the various parts of the blockchain solution is done by the blockchain architect. Moreover, it is a highly payable job as Blockchain Solutions Architect salary can vary from USD 120,000 to 153,000 per year. 

    3. Manager of a Blockchain Project

    Blockchain project managers work in similar lines as conventional (cloud) project managers. They must have the technical knowledge to fully comprehend this role. 

    4. UX Designer for Blockchain

    UX blockchain designing is a technical as well as a creative part of the blockchain job. They create and develop designs that will appeal to users and feel interface friendly.  

    5. Engineer for Blockchain Quality

    Blockchain engineers test and automate Blockchain frameworks. Blockchain engineers are specially qualified to observe even the minute possible bug in the blockchain & its formation. 

    6. Blockchain Legal Advisor

    Blockchain legal advising concerns are rising as firms strive to understand how to integrate Blockchain technology into their processes. Different laws are being formed, so big multinational corporations need legal advice from different countries.

    Conclusion

    With the rising technology and growth of the technology sector, it is visible that the growth prospects of a blockchain developer seem to rise in the upcoming year. Some top companies are looking out to hire talent from this segment to create safe databases for them. Additionally, there are so many different areas one can practice by entering into this field such as becoming a UX designer or an advisor, etc.  

    Moreover, this is especially a good time to enter the field as it will help you gain a fresh market advantage. For ensuring a good career in any field it is first important to enroll in a course that gives you proper learning and knowledge. So if you also want to pursue your career as a blockchain developer, then enroll yourself for Knowledgehut Blockchain development courses.

    Frequently Asked Questions (FAQs)

    1Which programming language is used in blockchain?

    The most frequently used programming language in blockchain are Solidity, java, python, C++, Ruby, Go, C#, simplicity, and PHP 


    2Is blockchain the future?

    Blockchain in the future will produce a reliable, uncensorable, and accessible global data and information repository. It is safe to say that the blockchain is essential to the internet's future.

    3What are the top 5 Blockchains?

    The top five blockchains are Ethereum (ETH), Binance Smart Chain (BNB), Avalanche (AVAX), Polygon (MATIC), and Algorand (ALGO).

    4Which are the top companies hiring blockchain developers?

    Top companies hiring blockchain developers are KPMG, EY, Accenture, Cisco, JP Morgan Chase, KPMG, EY, Accenture, Cisco, and JP Morgan Chase. 

    5Can I learn blockchain without coding?

    You can learn blockchain without coding only if you are looking forward to getting hired for non-technical roles. 

    Profile

    Dr. Manish Kumar Jain

    International Corporate Trainer

    Dr. Manish Kumar Jain is an accomplished author, international corporate trainer, and technical consultant with 20+ years of industry experience. He specializes in cutting-edge technologies such as ChatGPT, OpenAI, generative AI, prompt engineering, Industry 4.0, web 3.0, blockchain, RPA, IoT, ML, data science, big data, AI, cloud computing, Hadoop, and deep learning. With expertise in fintech, IIoT, and blockchain, he possesses in-depth knowledge of diverse sectors including finance, aerospace, retail, logistics, energy, banking, telecom, healthcare, manufacturing, education, and oil and gas. Holding a PhD in deep learning and image processing, Dr. Jain's extensive certifications and professional achievements demonstrate his commitment to delivering exceptional training and consultancy services globally while staying at the forefront of technology.

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