Blockchain developers are in short supply and hot demand. The task of developing blockchain distributed ledgers for businesses was recently ranked second amongst the top 20 fastest-growing job skills, and postings for workers with those skills grew a lot more than 200% last year.
Salaries for blockchain developer or “engineer” positions are accordingly high, with median salaries within the U.S. hovering around $130,000 per year; that compares to general software developers, whose annual median pay is $105,000, in accordance with Matt Sigelman, CEO of job data analytics firm Burning Glass Technologies. In high-tech regions of the U.S. like Silicon Valley, New York or Boston, Blockchain Developer features a median annual salary of $158,000 – an $18,000 premium over salaries for general software developers.
Individuals with knowledge about specific blockchain iterations, such as Solidity and Hyperledger Composer, have been in even higher demand – and this demand is increasing steadily, said Eric Piscini, a principal in the technology and banking practices at Deloitte Consulting LLP. “This is the number one thing We have under consideration when I wake up in the morning: ‘Where can i find more engineers to sign up for the team,'” Piscini said via email.
Just beneath blockchain engineers on the list of the quickest-growing jobs is a related skill: bitcoin cryptocurrency developers. (Blockchain is definitely the technology that underpins bitcoin.) Taking second fiddle simply to robotics specialists, blockchain and bitcoin developers are advertising their services for as much as $200 per hour, in accordance with Upwork, an employment site that specializes in freelance workers.
Where you can learn blockchain
Most who choose to add blockchain with their skillset or seek a profession as blockchain developers are usually versed in programming languages including Java or Python, Piscini said. But that’s by no means a prerequisite. “More universities are beginning curricula and the natural cycle to graduate enough students will produce good volumes within the ckcxnz few years,” Piscini said. “We collaborate with universities all over the world to develop content and hire the best talent.”
Several accredited U.S. universities now offer courses on blockchain, like MIT, which has offered two courses on cryptocurrency engineering and design, and Stanford University, that has a course called Bitcoin Engineering that teaches developers how to create bitcoin-enabled applications. Additionally, there are specialty schools, like Mountain View, Calif.-based Blockchain University and London-based education startup B9lab, which launched an online Certified Ethereum Developer Training curriculum in 2016.
“We’ve been running this as well as other classes for over two years now and possess trained 1,000 people from over 75 countries,” said Elias Haase, founder of B9lab.
“Our youngest student was 14, the oldest 76. So we’ve seen a pretty broad number of developers,” he explained.
Currently, the simplest and fastest method to become proficient would be to learn all on your own or attend programs organized by blockchain vendors and industry groups, including Consensys, Blockapps, the Ethereum Foundation and Hyperledger.
Under the auspices of the Linux Foundation, Hyperledger is actually a collaborative cross-industry effort designed to advance blockchain technology. Its Hyperledger Fabric and Sawtooth modular frameworks can be foundations for developing distributed ledgers for businesses.
While software developers are generally those who subscribe to blockchain courses, you don’t have to be a coder to glean business-oriented knowledge of the distributed ledger technology as well as learn how to create blockchain networks for the company, in accordance with Hyperledger Community Architect Tracy Kuhrt.
Blockchain hyperledger KuhrtHyperledgerHyperledger Community Architect Tracy Kuhrt
For instance, Hyperledger has an introductory course for business people who only desire to understand just how the technology can be applied to their environment. The course includes a primer for techies looking to figure out how to start building blockchain applications with Hyperledger frameworks.
Developers who want to learn coding can take more specific courses on blockchain modular platforms, including Hyperledger Fabric or Sawtooth. Those seeking a certificate in Hyperledger blockchain technology can make to start online course provider edX; upon completion, they can pay $99 for a certificate inside the technology.
“The courses might be taken by somebody who is not really developer,” Kuhrt said. “It will offer a working example for that two projects we now have – Hyperledger Fabric and Sawtooth. You will find step-by-step instructions…to operate through that. As far as whether it would be difficult for somebody who doesn’t have programming experience, I don’t think that’s where challenge could be. I think somebody who doesn’t spend lots of time staring at command lines in a computer could have some challenges, however it is designed to help anybody to have operational and also see what’s possible with blockchain technologies.”
How one developer changed careers
Until a year ago, Kuhrt had spent a decade as being a software engineer at PayPal, working her way approximately its strategic architecture team where she was tasked to consider blockchain being a potential business platform. Kuhrt went on to create and implement a evidence of concept for a PayPal rewards point program using Hyperledger Fabric, an open-source modular blockchain architecture.
“That’s how I got considering Hyperledger. It’s a fantastic place to get in on the ground floor,” said Kuhrt, who last year took the task at Hyperledger, the Linux Foundation project began in 2015. “I do believe this technology is going to make some big changes in how business is done.” Kuhrt is now in command of connecting outside technologists to the Hyperledger’s various blockchain initiatives, including its free courses.
Considering that the courses went online a year ago, 72,925 individuals have enrolled and 2,252 have finished the course work, based on Kuhrt. Not surprisingly, enrollments still explode as the adoption of blockchain in a multitude of industries is growing Blockchain applications are now being placed on healthcare record management, renewable energy certificate trading and offer chain management, and others.