Blockchain Developer Job Description, Skills and Salary
Get to know about the duties, responsibilities, qualifications, and skills requirements of a blockchain developer. Feel free to use our job description template to produce your own. We also provide you with information about the salary you can earn as a blockchain developer.
Who is a Blockchain Developer?
In today’s IT industry, blockchain is one of the top rising technological domains. According to statistics, the global market for blockchain technology is expected to rise to roughly $20 billion by 2025. Meanwhile, Blockchain is much more than Bitcoin, as the technology is altering the way the digital world works more safely and efficiently. A blockchain is a database that stores and organizes data. Traditional databases organize data into tables with rows and columns. This makes it simple for computers to recognize the information. Information is digitally formatted and grouped into clusters or blocks with blockchains, on the other hand. Each block has a finite amount of storage. Because blockchain is such groundbreaking technology, it has spawned a new branch of development known as blockchain development. As a result, developers and IT aficionados have a plethora of work prospects. Despite the abundance of excellent work prospects, many people appear to be unsure about which path to take to become a blockchain engineer.
Building, maintaining, and designing blockchain applications and systems are referred to as blockchain development. Overall, it aims to solve issues and generate opportunities by utilizing the unique qualities of blockchain technology. The smart contract is an example of cutting-edge blockchain development. Smart contracts, like ordinary contracts, are written agreements between two parties. Smart contracts, like regular contracts, are computer programs that are stored on a blockchain. These programs are only activated when both parties agree to the terms and conditions. This automated compliance ensures that a contract is correctly executed in real-time. When it comes to smart contracts, comparing them to parking meters is an excellent approach to visualize their utility. You make the proper payment and receive the parking validation that corresponds to it. Because the agreement is established, no third-party intervention, such as a cashier, is required. Although blockchain development is a specialty, it covers a wide range of topics. Consider picking a few of the topics from the list of relevant abilities above that grabbed your interest. Staying current on industry developments and in-demand abilities can be as simple as reading blogs or viewing YouTube videos on that specialization. You can also use social media to follow industry leaders in your chosen area.
Blockchain Developers are IT professionals who work with Blockchain technology and are in charge of activities like inventing Blockchain protocols, creating smart contracts, and so on. In the meantime, Blockchain technology is concerned with a distributed database that keeps track of every transaction that has occurred over a global network of computer systems. A blockchain developer is a programmer who specializes in blockchain technology. They create systems that record and store blockchain data in a way that precludes alterations or hackers, allowing for secure digital transactions. Developers create, test, and program software and systems. There are two categories of blockchain developers: those who work on the technology and those who work on the business side of things. They respectively include:
- Core blockchain developer: These programmers concentrate on the construction of a blockchain system’s architecture. They create their consensus protocol and make the majority of the crucial blockchain choices. They are in charge of the network’s architecture and supervision. The security of their blockchain network is also the responsibility of the core blockchain engineers. The architecture of blockchain systems is developed and maintained by core blockchain developers. They create protocols, create security patterns, and oversee the entire network.
- Blockchain software developer: Developers of blockchain software create applications that run on existing blockchain systems. They are in charge of front-end and back-end development, design, and upkeep. Developers of blockchain software create apps based on the blockchain architecture and protocol. Their apps are also built on the blockchain. You can relate them to web developers, who create web applications using the products of a web architect (protocol and design). Dapps, or decentralized applications, are created by blockchain software developers. They’re in charge of both the front-end and back-end development of Dapps. They’re also in charge of the stack that powers the Dapps.
Blockchain Developer Job Description
Below are the blockchain developer job description examples you can use to develop your resume or write a blockchain developer job description for your employee. Employers can also use it to sieve out job seekers when choosing candidates for interviews.
- Create ground-breaking software while keeping compliance in mind.
- Collaborate with partner development managers, cultivate C-level relationships with our top partners, and drive interest in new Dev Ops/Tools programs.
- Represent our Blockchain partner strategy to internal and external stakeholders, including sales teams, media coverage, and industry events focusing on the Blockchain area.
- Directly communicate with managers to identify and prioritize the company’s Blockchain technology needs.
- Participate in regular meetings with stakeholders to ensure that the digital product design and the blockchain application are in sync.
- Work closely with the Board of Directors and the Chief Technology Officer to improve the Blockchain technology’s design.
- Create and build Blockchain-compatible application interfaces and capabilities using the appropriate programming languages.
- Make use of the most up-to-date cryptography approaches to improve the security of Blockchain systems.
- Ensure quality assurance on team members’ data structure preparation by using Blockchain protocols.
- Contribute to the advancement of Blockchain software by recommending and implementing new software tools and technology.
- Troubleshoot Blockchain software issues and come up with workable solutions.
- Write multithreaded Blockchain code of the highest quality.
- Work directly with open source technology to make Blockchain program development easier.
- Strategize, plan and distribute workflow for project development and dissemination.
- Keep up with the newest Blockchain market trends and tendencies.
- Oversee the coding, development, and other tasks completed by the team’s junior developers.
- Document the development of blockchain software and guarantee that it is secure.
- Investigate the best techniques for Blockchain development.
- Bachelor’s degree in computer science, information security, or a related field.
- At least two years of blockchain development experience is required.
- Advanced knowledge of programming languages such as C++, Java, and Python.
- Strong STL and C++11 skills When it comes to a C++-based blockchain,
- Proficiency in the Qt Widgets module is required for projects that require a GUI wallet application.
- Experience in back-end development, algorithms, and data structures.
- Understanding cryptography and blockchain protocols are required.
- Knowledge of peer-to-peer (P2P) networks.
- In-depth understanding of blockchain administration and data security best practices.
- Advanced problem-solving and analytical abilities.
- Agile methodology certification
- Strong concurrency skills and the ability to write efficient and secure multithreaded code
- Excellent organizational abilities and a great eye for detail.
- Excellent teamwork and communication skills.
There are over eleven essential blockchain development skills that every professional should possess. They include the following:
- Programming Languages: Depending on the platforms used to create the blockchain environments, multiple programming languages are frequently employed. To become a Blockchain Developer, you must first grasp programming fundamentals (particularly OOPs ideas). A solid understanding of programming languages will make it easier for you to design blockchain applications and do other duties. Languages such as Java, C++, Python, and others are available. Developers should also have a solid understanding of object-oriented programming and be conversant with a variety of development frameworks and libraries.
- Databases & Networking: Daily, blockchain engineers interact with a variety of data formats as they construct and execute networks. Data structures are the building blocks of a blockchain network and serve as its foundation. This is a crucial skill to learn if you want to work as a blockchain engineer. This is one of the fundamentals on which you should concentrate if you want to get to more complex blockchain concepts. You must also be familiar with Data Structure ideas in addition to programming languages. Blockchain developers employ data structures to create an immutable and efficient system. You must have a solid understanding of a variety of data structures, including linked lists, binary trees, heaps, hashes, graphs, and others. To begin your Blockchain Developer path, you must also have a basic understanding of database and networking fundamentals. It will assist you in comprehending the process of distributed networks as well as other key topics in Blockchain development. Daily, blockchain engineers interact with a variety of data formats as they construct and execute networks. Data structures are the building blocks of a blockchain network and serve as its foundation. This is a crucial skill to learn if you want to work as a blockchain engineer. This is one of the fundamentals on which you should concentrate if you want to get to more complex blockchain concepts.
- Blockchain architecture: Blockchain engineers should have a thorough understanding of how blockchain works and the architecture that supports it. Cryptography, consensus, hash functions, distributed ledgers, smart contracts, and any other concepts essential to understanding blockchain’s inner workings should all be familiar to them. The four forms of blockchain architecture should also be familiar to developers: consortium, private, public, and hybrid.
- Cryptography: One of the technical skills required to become a Blockchain Developer is cryptography. To establish the groundwork for Blockchain development, you’ll need to learn about cryptographic concepts like digital signatures, hash functions, and the RSA algorithm, among others. Cryptography is the study of techniques that aid in the prevention of unauthorized access to your data. It is essentially what defines a big portion of a blockchain’s functionality and how appealing it is to businesses looking to utilize it. As a result, when studying cryptography and its coding application, you must know how to customize the code to create the most secure working system feasible.
- Smart contracts: Smart contracts are self-executing contracts that allow two parties to exchange goods and services without the need for a third party to act as an intermediary. Smart contracts have become a common feature of blockchain implementations, and developers should be familiar with them and how they enforce business logic. Smart contract programming languages, such as Vyper, Solidity, and Chaincode, should also be known to blockchain engineers.
- Web development: With blockchain’s emphasis on decentralized applications, blockchain and web development go hand in hand. All areas of web development should be covered by blockchain developers. That requires not only knowing how to design and construct online apps but also knowing how to optimize and protect them using the technology that underpins them.
- Interoperability Skills: It’s realistic to foresee a spike in communication complexity as a result of the proliferation of cryptocurrency alternatives and distributed applications. As a result, businesses will place a high priority on interoperability between different Blockchains. As a result, interoperability is one of the most important aspects of the Blockchain ecosystem and one of the most basic top Blockchain skills. Business leaders anticipate the growth of systems based on open-source models, and interoperability skills can assist you in achieving these goals. The nicest part about studying interoperability is that it increases your skill versatility. Most importantly, beginners can specialize in the integration of existing systems with Blockchain applications with the assistance of skills and hands-on experience. As a result, interoperability skills can help you get a leg up on the competition for Blockchain-based careers at large corporations.
- Cross-Disciplinary Expertise: The T-shaped technique is the most effective way for newcomers to get promising Blockchain skills. To gain traction in the Blockchain sector, beginners must grasp the best Blockchain skills both laterally and vertically. Distributed apps that use Blockchain must have cross-disciplinary expertise to solve a variety of challenges. For example, you can come into use cases that necessitate combining AI or IoT with Blockchain to design a solution. However, you may encounter use cases that need the creation of Blockchain-based manufacturing apps. As a result, to be successful, Blockchain professionals must have a wide range of skills and knowledge. Most importantly, from the conception of an application to its deployment, every Blockchain skill required must be developed. The ubiquitous character of Blockchain is a key factor to consider in this scenario. Blockchain is insignificant on its own. However, by combining it with other technology and addressing business objectives, you can accomplish incredible results.
- Communication: Communication is the ability to present information to others in a way that they comprehend is known as communication. You may collaborate with other blockchain developers, company owners, and other stakeholders to produce a blockchain solution as a blockchain developer. To ensure that everyone understands the project and its objectives, effective communication is essential.
- Data analysis: The practice of evaluating data to uncover patterns and develop conclusions is known as data analysis. Data analysis is used by blockchain engineers to discover the best way to utilize blockchain technology. They also employ data analysis to figure out how blockchain technology might boost a system’s security and how to connect it with existing systems.
- Problem-solving: Because blockchain technology is still in its infancy, blockchain engineers must frequently rely on their problem-solving abilities to discover answers to common challenges. They may, for example, need to improve transaction speed or make the technology more secure.
How to Become a Blockchain Developer
Step 1. Go for Academics
To begin, you should have an academic background in the subject of Computer Science or Information Technology. You can pursue a Bachelor’s or Master’s degree in a certain field. However, while having a specific academic background is not required to become a Blockchain Developer, it will assist you in understanding the foundations and laying the groundwork for efficiently learning Blockchain Technology. Apart from degree programs, you can in a variety of recommended training programs, for example, to gain additional experience with the technology. Furthermore, practically every IT behemoth requires these school credentials as a precondition, so you’ll be able to gain some fantastic job prospects as a result.
Step 2. Master the rudiments of Blockchain
To become a blockchain developer you must be familiar with the foundations of Blockchain Technology. You’ll need to learn everything there is to know about blockchain technology, including how it works and what applications it can be used for. You must have a thorough understanding of Blockchain architecture and concepts such as consensus, hash functions, distributed ledger technology, and so on. You’ll also need to understand Bitcoin as well as other important ideas like public and private approaches, decentralization, and so on. To gain a thorough grasp of Blockchain technology, you can use a variety of online and offline resources such as tutorials, journals, training & seminars, and so on.
Step 3. Understand Cryptonomics
Cryptonomicon is another important part of Blockchain Development. The term “Cryptonomics” was coined by merging the concepts “cryptography” and “economics.” It is focused on the process of comprehending cryptocurrencies’ economic concepts and procedures. To complete the Cryptonomics curriculum, you must learn about a variety of important concepts such as transaction fees, mining, the transaction lifecycle utilizing Bitcoin, and many more. However, while cryptocurrency is only a small component of the overall blockchain technology, you must comprehend its process to grasp the basics of blockchain.
Step 4. Acquire Knowledge of Ethereum and DApps
Ethereum is one of the most well-known aspects of Blockchain Development. Ethereum is an open-source decentralized Blockchain network for running smart protocols and allowing the development of Smart Contracts and Distributed Applications (DApps) without the normal difficulties of downtime, fraud, third-party interference, and so on. Decentralized Applications, on the other hand, are software systems built on blockchain platforms such as Ethereum and others. There are several other well-known platforms, such as EOS, Hyperledger, and others, that may be used for Blockchain, but Ethereum is the best place to start because of its diverse capabilities.
Step 5. Learn about Smart Contracts & Solidity
Step 6. Obtain some Hands-On Experience
Now you must obtain some practical experience in the Blockchain Development field. It will assist you in putting all of your theoretical knowledge into practice so that you can acquire more exposure and become more skilled with the technology and its associated tools and platforms. You have the option of writing smart contracts, developing your Dapps, and so on. You can also apply for numerous internship or training programs, where you will be provided with all of the necessary materials and an atmosphere. Additionally, you can engage with Blockchain specialists and gain important insights and knowledge by joining numerous recommended discussion groups such as Reddit Forums, Stack Exchange, and others.
Where to Work as a Blockchain Developer
Various IT behemoths such as Samsung, Accenture, IBM, Capgemini, and others provide enticing career prospects for Blockchain Professionals, and you should consider becoming a Blockchain Developer to develop a rewarding and successful career. Blockchain developers use several technologies to construct new blockchain-based systems or improve existing ones, including cryptography, software development, networking protocols, and so on. They work in a wide range of environments, including major organizations, small businesses, and everything in between. They could work in an office, from home, or a combination of the two. Many blockchain developers work standard 9-to-5 hours, while some may work beyond hours to meet deadlines or complete projects. Some blockchain developers travel to meet with clients or attend conferences.
Blockchain Developer Salary Scale
A core blockchain developer earns roughly $100,000 per year, whereas blockchain software developers earn around $70,000. A Blockchain Developer in Nigeria earns roughly 284,000 NGN per month on average. Salaries range from 151,000 NGN to 432,000 NGN, with the lowest being 151,000 NGN and the highest being 432,000 NGN. This is the monthly average pay, which includes housing, transportation, and other amenities. Salary for Blockchain Developers varies greatly depending on experience, abilities, gender, and geography.