What is Blockchain : know Before employment
Blockchain is a digital ledger in which transactions made in bitcoin or another cryptocurrency are recorded publicly. It is the world’s leading software platform for digital assets. Offering the largest production block chain platform in the world, we are using new technology to build a better financial system. With the help of blockchain technology and we can host the transactional data by millions of computers at a time.
If you send Bitcoin to a friend, or sell it, that information is publicly available on the blockchain. Other people may not know your identity, but they know exactly how much value has been transferred from one person to another.
Many people see blockchain as an alternative to traditional banking. Instead of needing a bank or some other institution to verify the transfer of money, you can use blockchain and eliminate the middle man.
The blockchain fee, also called ‘miners’ fee is a bitcoin transaction fee that is charged to users when performing bitcoin transactions. The fee is collected to reward miners for maintaining the Bitcoin network.The lower the blockchain fee, the lower your transaction’s priority in the Bitcoin network.
Sometimes a blockchain fee is too high this is because Blockchain fees depend on several factors including , transaction confirmation times, and blockchain size etc. The bigger the transaction size, the higher the blockchain fee. But if you are used to exchanging small amounts regularly you can reduce the blockchain fee.
Why should you take Blockchain course ?
- According to the World Economic Forum, 1o% of the world’s GDP will be on Blockchain related technologies by 2025
- Bill & Melinda Gates Foundation aims to use Blockchain technology to help the two billion people worldwide who lack bank accounts
- Average yearly salary for “Blockchain Developer” ranges from $85k for Application Developer to $115k for Senior Software Engineer as per indeed.com
Cities offerings Blockchain Courses in India
The blockchain is a distributed ledger technology that got popularized by Bitcoin cryptocurrency platform. There are many onlione courses of blockchain in India and more than 10 emerging courses.
Mainly blockchain courses are available in these cities ; Bangalore, Chennai, New Delhi, Gurgaon, Hyderabad, Kolkata, Mumbai, Noida, Pune.
Apart these world class cities like San Jose, Sydney, Toronto, Dubai, Chicago,Charlotte,Jersey, Los Angeles, San Francisco, Singapore etc. also offers blockchain courses.We can learn about these courses online at our home also.
Career and jobs in Blockchain :-
A blockchain developer needs is a background in computer science or engineering.
Experience in a back-end developer role is more important and in addition to strong back-end skills, blockchain developers need to have at least the fundamentals of cryptography. Many companies would be planning to adopt Blockchain technology with time.New York ranks first, with 1,316 blockchain job openings. San Francisco has the second most blockchain job openings, with 651.
They would need people who understand it’s use-case and how it’s going to pan out in the future. People with a good business sense would be ideal for this kind of role. Those who have a good knowledge about blockchain can get easily good jobs with their satisfied salary.
Package In Blockchain Industry:-
Salaries for Blockchain developer vary by company. Salary estimates are based on salaries submitted to Glassdoor by Blockchain developer employees.
On the starting of 2018 the blockchain engineering was second among the most demanded skills in labor market.
The popularity of blockchain technology gains steam in the field of business and finance, and the number of such companies grows as well. In US software developer earn 105k$ per year and at same time blockchain developer are earns 130k $ per year. An experienced blockchain developer can command $220,000 a year.
For Example A Developer in the Kolkata Area reported making ₹23,000 per month and 201 to 500 peoples are working on this job in this city. In bengaluru 501 to 1000 peoples are working this job and each person earning 28000 rs per month.
There is a big scope in blockchain. This is a wonderful opportunity to all of us to make our future bright in this stream.
Certified blockchain expert salary in 2018
The average salary for “blockchain expert” ranges from approximately $83,872 per year for Project Lead to $125,743 per year for Senior Product Manager.
An experienced blockchain developer can command $220,000 a year”,Jered Kenna, an entrepreneur.
Globally, 7,000 to 8,000 people can develop for the blockchain with various levels of proficiency.
“Their ranks could grow to 100,000 in 18 to 24 months if more industries move from testing to deployment”,, an investor
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