Blockchain Developers


Overview

Blockchain Developers

Introduction

Blockchain is a shared, distributed ledger database that maintains a continuously-growing list of records that cannot be changed without the agreement of all parties who have access to the database (i.e., no central authority or third-party mediator, such as a bank, is involved in verifying the transaction). Each digital transaction is called a block in the chain of records, hence the blockchain moniker. Each chain is encrypted, in part, with data from the previous block to create the encryption. Both private (permissioned) and public (permi...

Quick Facts


More

Median Salary

$125,000

More

Employment Prospects

Excellent

More

Minimum Education Level

Bachelor's Degree


More

Experience

Several years of software development experience, plus a college


More

Skills

Computer


More

Personality Traits

Problem-Solving

Earnings

Full-time blockchain developers earn salaries that range from $150,000 to $175,000, according to the online job site Hired. The median advertised salary for software development positions that required blockchain skills was $125,000 in 2019, according to the analytics software company Burning Glass Technologies.

Software developers earned salaries that ranged from $61,660 to $166,960 in ...

Work Environment

Blockchain developers work in comfortable business environments that feature cutting-edge information technology. They spend much of their day working at a computer, but they also meet with colleagues, managers, and clients to discuss the status of existing projects or to plan new blockchain development assignments. Developers typically work a standard 9-to-5, Monday through Friday workweek, al...

Outlook

Demand is extremely strong for those who have expertise in blockchain technology. “By 2025, the business value added by blockchain will grow to slightly more than $176 billion, then surge to exceed $3.1 trillion by 2030,” according to Gartner, a global research and advisory firm. The recruiting firm Robert Half Technology listed the career of blockchain developer as in-demand occupation in both...

Related Professions