Whether this article is at the beginning of your professional journey or not, it is imperative that you understand that blockchain technology is relatively new. Getting started will be the hardest part. Like most jobs nowadays, experience within your field is either required or extremely important to the employer. The age-old dilemma of getting experience without having it has prevented many people from getting more involved in the blockchain space. It’s true- getting into a career with blockchain is not quick or easy, but it’s doable. Due to the high demand for jobs but relatively low competition, getting into the crypto space may even only require a willingness to learn and experience in other areas. Being well-versed in blockchain is NOT a must for landing a career in the space, but it doesn’t hurt to educate yourself. A great way to educate yourself is by subscribing to to jumpstart your knowledge of blockchain.
While Bitcoin is one of many mainstream cryptocurrencies, people often confuse and associate blockchain entirely with cryptocurrency. Cryptocurrencies are a large part of blockchain’s rise to prominence, but blockchain is much more than a secure digital currency. In its simplest form, blockchain is a distributed ledger that is maintained by users in a network to create a secure list of transactions and accounts. Cryptocurrencies are prominent users of blockchain technology. Firms are looking to implement blockchain in various ways, not just through cryptocurrencies. Not only fintech companies, but also supply chain management, data management and even real estate companies are looking into the power of blockchain and what it can do for these emerging markets. Although understanding blockchain may seem a bit complicated, an interest in the field and a bit of interactive learning can make becoming an expert in blockchain an attainable goal that can be transformed into a career in the blockchain space.
The hype surrounding Bitcoin and other cryptocurrencies is… polarizing, to say the least. While some revel in the idea of this digital currency taking over the world, others believe there is a bubble, which once popped will demolish the very idea of digital cryptocurrencies. However, blockchain is less volatile and polarizing since it is merely a form of technology. The confusion and misunderstanding that occurs based on the connection with crypto is a large reason for why the technology is yet to become mainstream and has not been implemented on a larger scale.
In spite of all of this, most large tech and finance companies are well aware of the power and importance of blockchain technologies in the future. In an article about the future of blockchain, Deloitte (one of the largest professional services networks in the world) speaks about the impact blockchain will have on an increasingly digital global economy and how
“[Blockchain technology] will present a seismic shift to how business is conducted in the future”.
There is no doubt about the validity of the blockchain sector. The question isn’t whether or not blockchain will become the new normal. It is simply a matter of when.
Click to get ahead of the game and get into the blockchain space with BlockDriven Academy, an online subscription that will give you access to countless articles, guides, and seminars with professionals in the crypto space.