September 05 th , 2024 | 
Credo Systemz | 
Career InsightsIntroduction
To begin,Blockchain is an advanced database technology that allows information sharing within a business network. It uses distributed ledger to store data in blocks in a chain.The rapid progress of Blockchain technology leads to more than 40 million jobs globally by 2030.This technology is the combination of information blocks, algorithms and cryptography.
The market volume of Blockchain technology will increase from $12 billion to $23.3 billion by 2023.Blockchain technology was created for Bitcoin and it is used for all cryptocurrencies, peer-to-peer transactions with protection against hacking. Read more to know about the blockchain developer career.
Blockchain Technology
The goal of blockchain is to record and distribute digital information. Blockchain is a decentralized, immutable, public digital ledger which is used to record transactions across many computers. Blockchain technology has the potential to reshape the business as it is versatile with multiple benefits.With increased operational efficiency,decreased costs blockchain technology is used in many industries globally.
Demand of Blockchain Technology
Blockchain is a new technology which dates back to 2008. The demand increases due to the adoption of blockchain technology for their usage.The market of blockchain technology is huge and has a lot of growth potential.The Global Blockchain solutions market is growing at the rate of 45% annually. It leads to rising demand for specialists in this technology.
Many organizations including startups, top businesses, and government agencies seek blockchain developers.It supports many business applications. The blockchain innovations are reaching great heights such as blockchain wallets and smart contracts.
Blockchain is the secure technologies which use encryptions for data safety.It reduces the cost and offers better data transfer.Blockchain developers are now the most popular profession in the technology world. Blockchain technology is suitable for professionals who are already developers and Non-IT professionals to choose their career in the tech world.
Job Roles
- Blockchain developer
- Blockchain architect
- Blockchain consultant
- Blockchain administrator
- Blockchain project manager
- Senior Blockchain developer
Salary deatils
The jobs in this domain are increasing at the rate of 2000-6000%. The blockchain developers’ salary in India is seen to be 50-100% higher than other developer jobs.
Blockchain Developer salary in India with less than 1 year of experience to 7 years ranges from ₹ 2 Lakhs to ₹ 19.3 Lakhs with an average annual salary of ₹ 6 Lakhs based on 863 latest salaries.
Blockchain Development Technologies
Skills to become a blockchain developer: Cryptography: hashing algorithms, wallets, keys, digital signatures Programming Languages: C, C++,Go, Javascript Web Development: Javascript, HTML, CSS, Web Frameworks, and Libraries – React, Angular. IDEs,Source Code Tracking,Testing Tools Data Structures: graphs, hash trees, heaps, stacks, Patricia and Merkle trees
Blockchain training in Chennai
If you want to become a blockchain professional, I recommend you to attend blockchain classes at Credo Systemz. With industrial trainers, start learning from the basic concepts of cryptography.
- Latest course syllabus
- Industrial expert trainers
- Live practical training
- Real world projects
- Placement assistance
This standard course starts with basics – data structures and algorithms to advanced level. Then the program moves towards the programming language. After that, the advanced topics are covered as smart contracts design/development. The course focuses on placement that leads to career growth.
Conclusion
Finally,There is significant growth and advancement in blockchain technology. Blockchain developers are in high demand and lead to best earnings.These developers salary in India is higher than other developer jobs.This is the right time to become Blockchain professional, Enroll now.