The Impact of Blockchain on IT Careers

The Impact of Blockchain on IT Careers

Distributed ledger technology – better known as blockchain – continues to garner a lot of buzz within the IT world. Typically associated with concepts like NFTs and cryptocurrency, blockchain actually stands poised to impact the entire global business community. Experience with this emerging innovation provides tech professionals with the opportunity for interesting jobs in a variety of industries.

Let’s examine how blockchain expertise helps IT professionals increase their marketability in the current technology job market. Use this information to inspire you to get relevant training and experience to attract interested hiring managers. Expect the impact of distributed ledger technology (DLT) to reach far beyond the world of crypto!

How is Blockchain Impacting IT Careers?

Understanding Distributed Ledger Technology

Blockchain effectively operates as an open, decentralized, and distributed database hosted across multiple peer-to-peer computers. It functions as a ledger containing a variety of transactions or other public records unable to be altered. This approach makes it especially useful for cryptocurrencies or other financial use cases. However, the secure nature of its distributed ledger design also opens up a variety of intriguing possibilities for applications.

The other advantages of blockchain also highlight its suitability for other use-cases beyond cryptocurrencies and NFTs. These include the high-level of security due to its distributed architecture, with no central server attracting cyber criminals. Transparency combines with anonymous transaction access to enhance data security. Finally, companies adopting DLT enjoy lower transaction fees resulting in significant cost savings.

These benefits of blockchain remain a leading reason for its growing popularity throughout business. Expect healthcare, legal, electoral, and real estate applications leveraging DLT to become commonplace throughout the rest of the decade. As a result, businesses in various industries need technology talent with relevant blockchain experience.

Interesting Blockchain Job Opportunities Grow in Number

Recent studies and analysis from tech industry pundits reveal an increase in demand for IT pros with blockchain skills. DLT development experience regularly ranks among the top skills tech hiring managers look for in candidates. Additionally, a significant number of larger enterprises have blockchain applications currently in development.

Programming languages used in blockchain applications include Java, C++, and Python. Some AI experience, especially in machine learning, also helps attract interested hiring managers. Beyond software engineers and developers, businesses also look for data scientists, business analysts, and DBAs with distributed ledger experience. Having blockchain experience on your résumé ultimately keeps your IT career on the right track.

Ready to Find a New Career in IT?

If you want to find a new IT position, connect with the experienced recruiters at Technology Partners. As one of the top technical staffing agencies in the Midwest, we know the companies looking for exceptional candidates. Contact us as soon as possible!