Blockchain is the technology behind cryptocurrencies like Bitcoin. While it has not been embraced by mainstream finance or business, it has become an industry in its own right and offers some interesting career opportunities for those interested in it.
The most well-known blockchain applications involve storing transaction data on public ledgers that are cryptographically secure. This allows for the transfer of digital assets without relying on trusted third parties to verify and validate those transactions. For this reason, many businesses and institutions are exploring the potential for blockchain technologies to replace traditional methods. This new trend is creating a host of blockchain careers that did not exist a decade ago.
In addition to storing transaction data, blockchains can also act as distributed databases that allow multiple parties to view and edit the same information simultaneously. This capability offers an opportunity for companies to make use of blockchain technologies as a means to cut costs by eliminating intermediaries. As a result, there is a growing need for software engineers who can create blockchain-based business platforms.
Other blockchain-related jobs include a growing number of user experience design positions. While UX designers are responsible for every digital product, blockchain products tend to be different from other digital products because they are built on a decentralized network where no one owns or controls the data. This creates unique challenges that can be overcome with the help of specialists in blockchain-related fields. Blockchain Careers