Cryptocurrency and blockchain technologies continue to grow and influence the world. There are numerous career opportunities in this field. Blockchain technology has hit mainstream industries such as finance, healthcare, real estate and banking.
Industries such as Information Technology (IT), consulting, legal, and accounting have been quick to adapt to the new changes that emerge from cryptocurrency and its underlying technology.
Here are some of the career opportunities offered by the Blockchain industry:
(a) Blockchain Developer
Job Description: A software engineer who can develop secure decentralized applications on top of a Bitcoin network has a better chance of getting hired for jobs like these. They design automated systems that make use of smart contracts and ensure security while dealing with transactions based on cryptocurrencies like Bitcoin or Ether using cryptography.
(b) Blockchain Quality Assurance Analyst
Job Description: QA is responsible for testing when new changes or updates are released into the system that needs to be tested for its security and performance. They need to make sure that there is no error in the code and databases used in these applications.
Key skills required: Knowledge of how cryptocurrencies like Bitcoin work is a plus; Ability to test blockchain data; Understanding of cryptographic concepts including public key infrastructure (PKI), digital signatures and encryption; Ability to debug application code; Writing unit tests and test-driven development (TDD); Proficiency in security testing and Quality Assurance (QA).
(c) Blockchain Legal Consultant
Job Description: A legal consultant in this field advises on the legality of a business or proposed transactions, what regulations may apply to certain blockchain implementations and whether a cryptocurrency is a security. They also advise on issues such as taxation, intellectual property rights, regulatory compliance, and general commercial law.
Key skills required: Strong knowledge of cryptocurrencies like Bitcoin; Experience in advising companies on the legal requirements for cryptocurrency/blockchain technologies within their specific jurisdiction; Knowledge about securities law would be an advantage.
(d) Blockchain Researcher
Job Description: Research teams work on developing new products for businesses that use blockchains. They perform research in mathematics, cryptography, security protocols, network architecture, distributed consensus algorithms and more. They usually have a Ph.D. in computer science or mathematics.
Key skills required: Strong knowledge of cryptography; A Ph.D. in Mathematics or Computer Science with publications on related topics; Experience working with cryptography packages.
(e) Blockchain Engineer
Job Description: Blockchain engineers are responsible for designing cryptocurrency wallets that allow users to make online transactions securely without worrying about their identity being revealed. Engineers also develop blockchain applications that support decentralized operations with cryptocurrencies or other digital currencies.
(f) Blockchain Project Manager
Job Description: A person who wants to work as a blockchain project manager needs to handle the planning and execution of all phases of an application’s life cycle. They are responsible for identifying, evaluating, and managing risks involved in projects with specific attention paid towards budgeting, time, scope, quality, and client expectations.
Key skills required: 5+ years of experience in the software industry; Knowledge about proven project management methodologies such as Agile (Scrum or Kanban), Waterfall or PRINCE2; Ability to lead large development teams; Experience with blockchain technologies is an added advantage.
(g) Blockchain Software Developer
Job Description: A blockchain software developer has to develop cryptocurrency services like wallets, payment processing libraries, and other solutions. They also need to debug applications, integrate new features into the system, and fix bugs in existing code.
(h) Blockchain Quality Engineer
Job Description: An engineer who wants to work as a specialist quality assurance professional needs to ensure that the codes developed by developers are free of bugs and defects before they go live on production systems. The person will review testing cases, manage bug life cycles and coordinate developer activities in projects involving blockchain technologies.
Key skills required: Experience testing applications or products; Knowledge about software testing methodologies like Agile (Scrum or Kanban), Waterfall or PRINCE2; Familiarity with test automation tools like Selenium, Cucumber, SonarQube; Good understanding of concepts like automated testing would be an advantage.
(i) Blockchain Product Manager
Job Description: Blockchain product managers oversee the entire product development cycle to maintain quality standards. They are responsible for identifying business opportunities for using blockchain technologies within an organization’s environment, balancing resources against potential returns on investment and managing customer expectations during product delivery phases.
As you would have seen, if you are looking for a career related to blockchain technology, there are numerous job opportunities available in the market. It is also evolving at a rapid speed and hence it is important that you stay updated with the recent technological happenings. A good understanding of how cryptocurrencies work will help you earn better salaries when compared with your peers who don’t possess any knowledge on the subject.
It would be prudent to try out learning languages like Python or R which can be used for programming purposes while handling blockchains. Hence, it has become important for people interested in working in this space to keep themselves updated about the latest technologies so as to grab good-paying jobs easily.