5 Reasons Why You Should Become a Blockchain App Developer
The blockchain is the latest cutting-edge technology which has brought innovativeness in different industries.Owing to the increasing use-cases of this state-of-the-art distributed ledger technology, Blockchain Application Developers are in huge demand these days.
Technology changes swiftly. If still you are content with using java codes to develop apps, then you are missing out. According to a new study done by Upwork, "Blockchain appears to be the next uncharted, highly talked about technology similar to what the 'cloud' was back in the mid-2000's, … Its growth exceeded 2,000% for three quarters in a row on Upwork.com, and in Q1 it experienced more than 6,000% year-over-year growth, making it the fastest-growing skill out of more than 5,000 skills on the site."
Are you looking for reasons as to why you should learn blockchain and become an app developer? Well, here are the top 5 reasons.
1. Companies Using Blockchain
In the market today, blockchain technology is dominating. Several big companies such as banks, healthcare providers, supermarkets, voting among many others are using blockchain technology. Most of these companies are looking for blockchain experts to help them.
According to Stephane Kasriel, CEO of Upwork, “As skills become more specialized, companies either need to invest in re-training to prepare their workers for the jobs of tomorrow or leverage freelance professionals who are nearly twice as likely as traditional employees to proactively take new skills upon themselves. … Many of today’s Fortune 500 companies are already doing this, and adoption of flexible workers will increase as hiring gets harder.”
With this, if you learn blockchain technology you can land a job to help create a blockchain decentralized system for them. This way you will earn a lot of money.
2. High Chances of Employment
From the cryptocurrency, to initial coin offerings (ICOs) to the big companies requiring blockchain experts, the job market for blockchain looks promising. In fact, the need for blockchain experts is expected to increase as time passes by.
According to reports, the following are the top searches that are made with various established companies:
(i) Software engineer – cryptocurrency,
(ii) Cryptocurrency mining technician,
(iii) Sales representative – cryptocurrency,
(iv) Cloud engineer with blockchain protocol to mention just but a few.
3. High Demand
The blockchain technology is in high demand nowadays. There are several job opportunities waiting for you in the blockchain industry. If you possess the right qualifications that are needed in the blockchain sector, you can be easily adopted into the wave.
According to Matt Sigelman, CEO of Burning Glass Technologies, "Most of the demand for blockchain developers is still concentrated [in high-tech regions],"
You can also be paid for contributing to various open source projects. You can help someone solve a blockchain puzzle and when it's approved you will be paid through the smart contract. By learning blockchain technology, you will enjoy the rewards of this revolutionizing technology.
4. Technology Integration
Since the inception of this technology, several new concepts are coming up. The most recent is the merging of blockchain with other technologies. For instance, blockchain can be integrated with the IoT (Internet of Things) which is a technique where things like cars, voting systems, real estate, and trading commodities can be made to be controlled from the same network like your computer or phone.
Burning Glass Technologies published in its blog, “Because of its connection with 'cryptocurrencies,' blockchain is associated with finance and major banks like Liberty Mutual, Capital One and Bank of America have posted openings. There are also companies devoted to building blockchain applications, like ConsenSys Corporation. But the demand for blockchain is much broader, including major consulting firms like Accenture and Deloitte and technology companies like IBM and SAP.”
The integration of different technologies with blockchain has helped bring about security hence making it easy to control data without worrying. If you have the blockchain technology, you can be hired by a company to integrate their technology for security purposes.
5. ICO Investment
The blockchain is the backbone of cryptocurrency trading. Therefore, if you understand how blockchain works then you can invest in ICOs and any other crypto trading. Also, with this knowledge, you will be able to know which ICO is profitable based on their construction concept.
Without blockchain knowledge, it is very easy to be cheated. Hence before you invest in ICO or any cryptocurrency it is paramount to know the technology behind it.
Apart from that, if you are not interested in ICO investment; you can be hired by either an individual or a company to develop an app for them. There are several organizations and companies that want to use ICO to raise capital and they are looking for developers. Most of the ICOs raise millions and to be hired as a developer, you will be paid highly.
In conclusion, therefore, there are many other reasons as to why you should become a blockchain app developer. In an interview with Computerworld, Zulfikar Ramzan, CTO of RSA Security said, "It's a very hot topic right now; we are definitely getting a lot of inbound inquiries around blockchain and its implication within enterprise environments. I think it's driven largely by the fact that when there’s a new technology out there, to some degree people wants to be buzzword compliant with the latest and greatest."
Blockchain is the fastest growing industry and as time passes by, more and more job opportunities will open. While in the past blockchain was needed more in the automation and AI sectors, it is now spreading into other sectors as well.
"What's interesting here is what we refer to as the hybrid-job economy; that's the notion that increasingly jobs are combining skill sets. If you look at some of the jobs growing the fastest and are highest value to companies are those with a sort of mixed-skill genome. And, blockchain is having a lot of the same characteristics for some reasons that aren't all that surprising because it's a foundational technology and fundamental re-think of the underpinnings of how we transact and connect," Sigeman said.