The market for blockchain experts is booming. Since the arrival of Bitcoin, blockchain has been an attractive technology for companies all over the globe.
From healthcare to finance, companies in nearly every industry are looking to apply blockchain and get ahead of their peers.
The following article will shed light on various issues related to this technology such as what is blockchain technology, how does blockchain works, how to become a blockchain developer, and much more.
What is blockchain? How does blockchain work?
Blockchain is a particular kind of database. It stores information in blocks and whenever new information is added to the blockchain, it is entered into a new block. While a traditional database has one owner of the information, a blockchain stores information with multiple users, which makes a huge difference.
Whenever a new block is added to a blockchain, it is given the exact timestamp. One of the biggest highlights of blockchain is it offers decentralization. This means a central authority doesn’t have control or ownership over a blockchain network. Instead, all the users share authority and ownership.
Every node in such a network has a complete record of the data. This allows the system to function smoothly even if one node gets disrupted. That’s because if a node will get corrupt or disrupted, other nodes will have the necessary data to continue the process.
One of the most popular applications of blockchain is Ethereum.
What is Ethereum blockchain?
Ethereum is a popular cryptocurrency that uses smart contracts for completing transactions. To understand what is Ethereum blockchain, you should be well-acquainted with Hyperledger and smart contracts. You can learn about them while preparing to become a blockchain developer
How to become a blockchain developer?
Now that you know what is blockchain technology, we can discuss the process of becoming a blockchain developer.
Blockchain developers are responsible for building blockchain-based solutions for their organizations. They are familiar with the fundamentals of blockchain, cryptocurrencies, and their applications. The demand for blockchain developers is on the rise because this technology is relatively new but has many applications in various industries. Companies want experts who can help them build and maintain blockchain-based solutions.
To kickstart your career in this field, you should get a blockchain course. A course in this subject will help you study its various concepts and test your knowledge through projects and assignments.
A Blockchain online training would also let you study directly from industry experts so you can resolve doubts quickly and avoid getting stuck on complex topics. Another advantage is that completing a blockchain course would certify you as an expert in this subject.
Recruiters are always on the lookout for certified professionals in this sector because certification shows the person is highly skilled and well-acquainted with the subject.
Blockchain is certainly a revolutionary technology. It has made a huge impact on the finance and tech industries and companies are actively working towards utilizing it further.
There’s a bright scope for blockchain developers in India. If you’re interested in becoming a blockchain developer and want to learn what is blockchain, check out this blockchain course offered by Imarticus.