Gartner predicts the business “value-add” of blockchain will exceed $3.1 trillion in the next twelve years.
IBM has been on the cutting edge of blockchain development initiatives, operating various pilot projects. In early 2017, the company conducted a poll of 200 government leadersacross 16 countries and found that 9 out of 10 of those leaders said they planned to invest in some aspect of blockchain use across government functions.
According to Coindesk, the surge in interest in blockchain is directly resulting in a steady growth of new jobs.
This means that pay rates for this skill are enormous. Glassdoor reports that the average salary for a principle blockchain engineer is between $138,000 to $152,000 as of May 2017.
Blockchain Programming Skills
If you’re hoping to break into this booming field, the next obvious question is what skills you need to land one of these lucrative jobs?
Your next steps depend on where you already are with your skillset. Blockchain programming isn’t a place where you can start learning. You’ll need to know a number of core computer science fundamentals—and know it well—to achieve success as a blockchain developer.
If you think about it, Bitcoin itself was programmed with C++. Ethereum uses C++ and Python. Other popular blockchain applications support Java, Python, NodeJS, and C#. All of these are core programming languages that will make you a much-desired developer throughout every tech industry, not only blockchain.
What this means is that if you’re only in high school and you have a strong interest in technology and programming for a future career, then aiming for a Computer Science degree in college is a great first step. Start learning programming skills immediately.
The progression of skill development looks something like this.
- Learn core computer science and programming competencies
- Focus on understanding networking and security skills
- Start diving into learning how the blockchain works (see resources below)
- Start developing your own blockchain programming skills through online or college based courses (see resources below).
Conceptually, it can be difficult to understand how a technology doesn’t have a specific set of programming languages you need to learn to utilize it.
But the beauty of the blockchain is that it’s more of a framework than it is an actual technology. It’s how transactions are communicated over a distributed, decentralized network rather than over a centralized one.