Blockchain is a new trend that is sweeping the globe. Cryptocurrencies may be the most famous result of blockchain, but blockchain is the foundation of many technologies that are in development. Silicon Valley is being flooded with blockchain companies and blockchain developers.
Blockchain is already making an impact on the programming industry. Over $1.4 billion was invested in blockchain by various companies in 2016, including a $200 million investment by IBM towards the blockchain-powered Internet of Things. The average blockchain project can currently expect a seed investment of about $1 million.
Companies such as Microsoft, Oracle, and IBM have invested millions in research into blockchain technology to determine how it can be incorporated with their businesses. Almost 90% of banks and financial institutions are now seeking blockchain incorporation as well. The evolution of blockchain is undeniably changing the world. Even as we reap the benefits, this technology introduces new challenges as companies seek blockchain developers to run, design, and maintain their systems.
The core mechanism behind blockchain technology is in the distributed storage of information. For example, the blockchain can store data about financial transactions, including the parties involved in the transaction and the amount of money transferred. Modern technologies are in a constant state of change, and blockchain is an example of change that is sweeping the whole world.
What does it take to be a blockchain developer? A computer science or engineering background is a good start that will come in handy to help you understand the principles behind blockchain technologies. You will also need a basic knowledge of security and networking.
Whether you want to start from scratch or shift your career to blockchain development, you will need to develop the following skills to be competitive in your job search:
Many blockchain developers claim that it is possible to build a chain of blocks using any programming language, but most blockchain projects are written in C/C++ with a lesser number of them written in Java. Python is gaining popularity in the field due to its simplicity and ease of use.
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Source: simpleprogrammer
