Blockchain is one of the best inventions of the 21st century. The distributed and decentralized ledger stores data that can be publicly shared across all nodes of its network as Amit Shekhar defines blockchain as the fastest-growing job sector in the world today.
The blockchain industry is expected to grow at a compound annual growth rate (CAGR) of 85.9% from 2022 to 2030. A growing number of venture capital funds are investing in blockchain technology companies, which is contributing to market growth.
Additionally, the legalization of cryptocurrency in many countries also encourages blockchain technology development.
A Blockchain Developer is responsible for developing blockchain solutions. The role revolves around the research, design, development, and testing of blockchain technologies, both on the current server and client-side applications.
Touted as a technological alternative for enterprises, blockchain development jobs have grown by 300% in the past three years. In addition, cryptocurrencies have led to a surge in career opportunities in blockchain development, specifically.
According to Stack Overflow’s Pulse survey, a majority of developers (61.44%) believe that Blockchain is a game-changer. It is also likely to become a mainstream career by 2024.
The intense job role is rapidly becoming a favorite of many governments for maximizing security and enhancing the transparency of their systems, among many global corporations
As per Glassdoor estimates, the national average for a Blockchain Developer’s salary in the USA is $1,09,766 per year.
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