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Is Blockchain Where The Big Gold Rush Is?
Cryptocurrencies and the blockchain industry are booming and fast catching up and are being touted as the next big thing globally. Despite holding complex underlying technology, the cryptocurrency market is a maturing industry with large investors parking their money. Realizing the multitude of blockchain applications, the Indian government recognized its potential and took steps to promote it. Participating at FICCI Leads 2022, Indian Finance Minister Nirmala Sitharaman projected that blockchain technology would rise by about 46% in the coming years.
According to a report by Galaxy Digital Research, a New York-based financial services company, venture capitalists have pumped in more than $10 billion in crypto startups in the first four months of 2022. It's likely to increase by 40-50 billion dollars annually. Don't be surprised if you witness crypto unicorns in cities like Bangalore, Delhi, Mumbai, and Hyderabad in the coming few months.
Opening its doors to cryptocurrency, the Indian government has already a good amount of confidence in companies, subsequently giving a push to more career opportunities for people who would like to make their career in blockchain. Leading training institutes like JanBask Training have been pioneers of sorts. It offers competitive and industry-tailored courses in Artificial Intelligence, Machine Learning, Blockchain, Cybersecurity and many more. And once India develops an enabling framework that recognizes the potential of blockchain and cryptocurrencies along with the pool of blockchain developers, we may witness an opportunity to lay the foundation of the new internet, Web 3.0.
Pitched as revolutionary, blockchain has the potential to change the way we handle data and conduct business. It has proven so versatile and secure that enterprises in various industries have warmed up to it and are already using it for their day-to-day interactions. It is the fastest way to store information and execute transactions. Global spending on blockchain solutions is predicted to increase from 1.5 billion in 2018 to 15.9 billion by 2023. According to Gartner, blockchain technology's value will exceed $3 trillion by 2030.
According to Reports and Data, the global blockchain market is expected to record revenue of CAGR (compounded annual growth rate) of 69.1% during the forecast period. On September 28th 2021, CBSE (Central Board of Secondary Education), a national-level education board in India, implemented blockchain to make results tamper-proof and go paperless.
One of the biggest challenges today is offering unmatched data security from cybercrime, and blockchain stands ready to meet those cybersecurity needs. With more of our daily activity migrating online, security has become a more pressing issue, which means more blockchain developers would be required.
Anticipating this professional requirement, JanBask Training has designed blockchain courses that enable you to gain basic to advanced blockchain developer skills to defend against rising and ubiquitous cyber threats. Cryptography and Web Security are in-demand skill sets that prepare you for a winning career. The projected and competitive landscape of the blockchain market worldwide is consolidating by the day, and online courses and job opportunities are skyrocketing.
Major companies like Amazon Web Services, Accenture, Oracle, Intel, and many more are adopting and engaging in product development and key strategic alliances to expand their platforms and service portfolios. Because of its highly technical nature, blockchain developer roles and responsibilities are immense, along with lucrative salaries and incentives. The initiatives taken by these giants are driving revenue growth and cementing the footwork of blockchain in the global market.
With such lucrative prospects, the most popular question doing the rounds online is the blockchain developer salary and blockchain engineer salary in India. Salary is the biggest reason that attracts and motivates blockchain developers to make it their career choice. In the past few years, as we have seen how Blockchain’s popularity has risen, the blockchain industry is likely to grow 3x more in the upcoming year. And to top it, with corporate leaders worldwide advocating it, blockchain developers' jobs and career opportunities are thriving around the market. Global giants and startups alike are hiring dynamic and brilliant blockchain developers. Apart from great opportunities for blockchain developers, there are excellent prospects, remuneration, perks, and benefits.
Blockchain is consistently one of the fastest growing skill-sets and highest-paying programming domains, where blockchain developers can earn 50-100% more than traditional developers. For instance, blockchain developer salary in India (average) is 460K and now that the Indian government is slowly warming up to cryptocurrency, it will definitely witness an upswing. With the surge in the popularity of blockchain, here's all you need to know about blockchain developer salaries worldwide. Let's also look at the scenario across the globe as per data by Glassdoor:
Blockchain is one of the highest-paid programming domains, and blockchain developers often out-earn their peers who know other programming languages. Even if you’re a beginner and have limited blockchain knowledge, with proper coaching in the form of a professional blockchain course and certification, you can significantly benefit and make a great career as a blockchain developer or associated roles. Beginning blockchain developers commonly earn 6-figure salaries.
Like any profession, blockchain developers' salary depends on factors like
Let’s now look at the significant factors determining a blockchain developer's salary in India.
Your job profile, your roles and responsibilities, and your title will almost always impact how much money you make. The table below gives you a rough idea of how much these profiles command based on their years of experience. One important thing to remember is that salary is one component that depends on not just your job profile and title but also your skill sets and the organization you’re working for. Figures would vary from organization to organization, location, the candidate, years of experience, and how well you’re able to negotiate when closing things with the company HR.
City and the country also play an essential role in salary. Some countries and cities have high demand and high supply ratios, while others may not. As mentioned above, it also depends on the types of organizations in each location. Cities like Bangalore, Hyderabad, Delhi, and Gurgaon, in particular, will offer better salaries than other cities. Therefore, look for jobs in cities with better economies where salaries are good and competitive. Such cities offer more options for rental accommodation, infrastructure is better than tier 2-3 cities, and the cost of living won’t hurry your pocket. Below is the average Blockchain Developer salary in India (in different cities) as per the statistics from Glassdoor:
Blockchain developer salary also depend on the organization's name, type, and size. Different companies have different sets of requirements, and so is their scope of investment. A smaller or mid-sized organization will pay a lesser salary package than a big organization. However, suppose you’re applying for the blockchain developer position, which is still budding in big-wigs like IBM. In that case, you may get a higher pay package than other smaller companies who may be recruiting for the same position.
Let's have a quick look at the blockchain developer salary in India by leading companies:
Skills sets are integral to a blockchain developer's salary. You may need a combination of skills to bag your dream jobs, starting with a good understanding of data structures and algorithms, blockchain architectures, cybersecurity, and a good hold on programming languages like Solidity, C++, Java, Clarity, Go, and Python. If you’re keen on becoming a blockchain developer, blockchain engineer, or blockchain architect, learning and mastering these languages will give you an advantage over others.
Apart from the essential factors mentioned above, a good resume can help you significantly. Make sure to highlight analytical and interpersonal facets in your CV, as it gives weightage and enables you to stand out. Good problem-solving, high-order-thinking and intrapersonal skills are a must. Recruiters consider all the aspects while hiring a candidate and also make sure you mention your qualifications, skill sets, courses, and certification clearly and concisely when designing your resume.
Having a degree in Computer Science will give you a great foundation; however, it is not mandatory to have any specific academic background to become a Blockchain Developer, but it will help you to understand the fundamentals and will lay your foundation to learn Blockchain Technology effectively. Apart from the degree programs, you can opt for several recommended training programs to get more exposure to the particular technology. These skills are essential and are sure to get you an attractive salary package.
Also, check our end-to-end Java training online and courses in Python with foundational to advanced Java and Python skills and real-world projects, and get ahead of your peers.
Interpersonal Skills that you must mention in your resume are:
Organizations are rapidly adopting Blockchain technology for its numerous benefits. The Finance Industry has seen the most growth, and other industries are following suit. If you’d like to explore, the options are endless. Industries that blockchain will disrupt in the future are:
Further, if you want to make a mark in the emerging tech space with 67.3% estimated market growth by 2025 and earn a 6 figure salary like your counterparts, sign up for the best-designed and formulated blockchain course at Janbask Training. This blockchain course provides a high-engagement learning experience with real-world blockchain applications. So, don’t wait and grow your career now!
Professionals adept in programming languages like C, C++, Java, and Python are in high demand since most Blockchain projects are written in these languages. And if you are an aspiring blockchain developer or if this digital breakthrough entices you, Janbask can help you further your professional goals. Our carefully designed and curated online training and certification courses in Python can help you get closer to landing that dream job.
Blockchain developers are in high demand, and blockchain developer jobs are hot now. However, there aren't enough people with professional expertise. After reading about the potential of a blockchain developer's career and the lucrative salaries, it wouldn't be a surprise if you're contemplating a career in blockchain. If that's where you find yourself, you'll be glad to know that Janbask Training can help you with a great start with an exclusive blockchain certification course.
Q1. What are the requirements to become a blockchain developer?
Ans: A good understanding of Mathematics, Algorithms, and computer science provides a solid foundation to become a blockchain developer. Technical skills in blockchain architecture, cryptography, hash functions, and Apps development are necessary.
Q2. What are the popular/top skills required to become a blockchain developer?
Ans: These are the top skills of a Blockchain Developer based on jobs posted by employers.
Q3. How long does it take to learn blockchain?
Ans: Learning is a continuous process and something that never stops. We can hone our skills throughout our lifetime but taking that first step is imperative and often life-altering. And Janbask provides the perfect platform to take your career to greater heights. The duration of our courses is 6 weeks, with instructor-led live online classes, real-life case studies and assignments and industry experts. The icing on the cake is we also provide our students with career counseling, resume feedback and interview preparation.
Q4. Is blockchain challenging and complicated to learn?
Ans: Blockchain is revolutionary and complex, making it slightly challenging to grasp. However, that shouldn't deter you from learning the basics and essentials of blockchain. Decentralization, mining, and a consensus mechanism are the core concepts of blockchain and are relatively difficult to grasp. But with good training, you can learn it well.
Q5. Which companies are hiring blockchain developers?
Ans: Global giants such as IBM, Microsoft, PWC, Goldman Sachs, and others already use blockchain technology and actively recruit blockchain developers. Besides, many startups have adopted the technology, further opening up job opportunities for blockchain developers.
Q6. What is the blockchain developer's salary in India (per month)?
Ans: The average salary for a blockchain developer in India is around 6.7 Lakh (55-60K per month)
Q7. What is the salary of a blockchain developer in the US?
Ans: The average salary for a Blockchain Developer is $1,08,136 in the United States.
Q8. What are the top-paying companies that employ blockchain developers and what is the blockchain salary in USA?
Ans: According to Glassdoor, the blockchain salary in USA and the top-paying companies that employ blockchain developers are:
Q9. Why do blockchain developers command high salaries as compared to traditional developers?
Ans: Non-availability of skilled talent in emerging technologies like blockchain is the real reason for the skyrocketing salaries.
Q10. Does Blockchain developer salary India differ from city to city?
Ans: Blockchain Developer salary in different cities in India range between ₹ 3.1 Lakhs to ₹ 18.1 Lakhs with an average annual salary of ₹ 7.0 Lakhs.
Q11. Why is blockchain jobs salary the most searched question on the internet?
Ans: It is because blockchain jobs are the most high paying jobs today and the graph is only going to get higher.
With his detailed research and unique insights into IT and Technological trends, Shubham has been producing high-quality and engaging content that meets the standards of its end-users.
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Nov 08, 2022 
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Daxton Mitchell
What is the total course and certification fee for blockchain developers? Also, if these training providers help with career counseling and resume building?
JanbaskTraining
You can check out the details at :https://www.janbasktraining.com/blockchain-certification-training. Yes, they provide great career counseling and also help with resume building.
Cash Perez
What is the salary package if I get a job as a blockchain developer?
JanbaskTraining
The national average salary for a Blockchain Developer is ₹7,00,234 in India.
Martin Roberts
I am confused and in two minds if this will be a good career move for me? Can someone guide me?
JanbaskTraining
If you are still unsure, get in touch with career counsellors at https://www.janbasktraining.com// They’ll guide and clear any doubts you may have. If you would like to make a career in blockchain , AI or want to become a developer, you can enroll yourself for a free demo class at: https://www.janbasktraining.com/blockchain-certification-training and talk to our experts for more information.
JanbaskTraining
Definitely. Get in touch with resume experts at https://www.janbasktraining.com// and make your dreams true now.
Damien Turner
Can you help me with some tips to prepare a strong resume for getting a good salary as a blockchain developer?
JanbaskTraining
Hey, Thanks for sharing your experience. For further insight, you can connect to us at https://www.janbasktraining.com/contact-us
Dallas Phillips
Looking for a head start to becoming a blockchain developer. Can you help with some links where I can explore more about courses, certifications and study material.
JanbaskTraining
Sure! https://www.janbasktraining.com/blockchain-certification-training is a great place and provides a great foundation.
Cody Campbell
Hi! It's a very informative blog about adding the use of blockchain. Can we also have an insight on other technologies like AI?
JanbaskTraining
Sure! https://www.janbasktraining.com/blockchain-certification-training is a great place and provides a great foundation.
Chance Parker
After reading the blog on blockchain career opportunities and salary packages, I am really keen to learn blockchain, AI and Machine Learning. Can you plz suggest a good certification or course?
JanbaskTraining
Hey, Thanks for sharing your experience. For further insight, you can connect to us at https://www.janbasktraining.com/contact-us
Jensen Evans
Hie, it's a very informative blog on blockchain salary and packages. I have been thinking of enrolling myself because I want to make a career in blockchain and get a great package. Can you throw some light on that?
JanbaskTraining
Hey, Thanks for sharing your experience. For further insight, you can connect to us at https://www.janbasktraining.com/contact-us
Finley Edwards
How do I prepare for a blockchain interview?
JanbaskTraining
Well! For that you’ll need to get in touch with industry experts and a great place is https://www.janbasktraining.com/contact-us
Corbin Stewart
Can non-technical people learn blockchain, AI and ML?
JanbaskTraining
Blockchain, AI and ML are surely the future of technology and offer attractive salary packages. Thank you for your comments and interest. For information about blockchain, AI and ML courses and certification , you can connect with us at: https://www.janbasktraining.com/contact-us
Bradley Thompso
What is the total course and certification fee for blockchain developers? Also, if these training providers help with career counseling and resume building?
JanbaskTraining
You can check out the details at :https://www.janbasktraining.com/blockchain-certification-training. Yes, they provide great career counseling and also help with resume building.
Bryan Garcia
What is the salary package if I get a job as a blockchain developer?
JanbaskTraining
The national average salary for a Blockchain Developer is ₹7,00,234 in India.
Simon Martinez
I am confused and in two minds if this will be a good career move for me? Can someone guide me?
JanbaskTraining
If you are still unsure, get in touch with career counsellors at https://www.janbasktraining.com// They’ll guide and clear any doubts you may have. If you would like to make a career in blockchain , AI or want to become a developer, you can enroll yourself for a free demo class at: https://www.janbasktraining.com/blockchain-certification-training and talk to our experts for more information.
Phoenix Robinson
Can you help me with some tips to prepare a strong resume for getting a good salary as a blockchain developer?
JanbaskTraining
Definitely. Get in touch with resume experts at https://www.janbasktraining.com// and make your dreams true now.
Lane Clark
Looking for a head start to becoming a blockchain developer. Can you help with some links where I can explore more about courses, certifications and study material.
JanbaskTraining
Sure! https://www.janbasktraining.com/blockchain-certification-training is a great place and provides a great foundation.
Josue Rodriguez
Hi! It's a very informative blog about adding the use of blockchain. Can we also have an insight on other technologies like AI?
JanbaskTraining
Hey, Thanks for sharing your experience. For further insight, you can connect to us at https://www.janbasktraining.com/contact-us
Colin Rodriguez
After reading the blog on blockchain career opportunities and salary packages, I am really keen to learn blockchain, AI and Machine Learning. Can you plz suggest a good certification or course?
JanbaskTraining
Blockchain, AI and ML are surely the future of technology and offer attractive salary packages. Thank you for your comments and interest. For information about blockchain, AI and ML courses and certification , you can connect with us at: https://www.janbasktraining.com/contact-us
Rafael Lewis
Hie, it's a very informative blog on blockchain salary and packages. I have been thinking of enrolling myself because I want to make a career in blockchain and get a great package. Can you throw some light on that?
JanbaskTraining
Hey, Thanks for sharing your interest & query. We would be happy to help make a desirable decision. For further assistance, you can connect to us at https://www.janbasktraining.com/contact-us
Emerson King
How do I prepare for a blockchain interview?
JanbaskTraining
Well! For that you’ll need to get in touch with industry experts and a great place is https://www.janbasktraining.com/contact-us
Ronan Wright
Can non-technical people learn blockchain, AI and ML?
JanbaskTraining
Yes definitely. Non-IT people can learn blockchain without an IT background. Enrol in a good course and get yourself certified. Check out well-devised courses at: https://www.janbasktraining.com/blockchain-certification-training.