Over the past few years, you must have consistently heard the term ‘blockchain technology‘ during discussions about cryptocurrency. Do you know what this term means?
In the words of engineers, ‘Blockchain‘ is a silent revolution that can turn the internet from a network of information to a network of value. It has created a new level of trust and transparency, effectively addressing the longstanding issue of data manipulation.
Coming into existence due to cryptocurrencies, Blockchain has become a significant player in many other industries. Almost every sector today requires decentralised apps and blockchain networks, which are secure and unchangeable. This requirement has made B Tech in Blockchain a popular course among students.
Read this blog to find all about the advantages, applications, and career opportunities of blockchain technology — and see why a B Tech degree in this field is the perfect choice.
First, let’s find out how a blockchain works!
How does a Blockchain Work?
Blockchain is a decentralised ledger technology that records transactions over a network of computers. Every transaction is kept in a ‘block‘ validated by nodes, the network participants. A cryptographic hash is included in every block to guarantee data integrity. Each block is connected to the previous one to create a ‘chain‘.
The immutability and transparency of the data saved on a blockchain lowers the possibility of fraud and manipulation. This feature distinguishes blockchain technology from other forms of storage.
Blockchain came into the spotlight after Satoshi Nakamoto introduced Bitcoin in 2009. Though Bitcoin is just one application based on blockchain, many people confuse it with blockchain. However, this trending technology is used across different industries. From patients’ medical records and digital ID management to IP protection, real estate and insurance automation, blockchain can be relied upon.
Is a Career in Blockchain Worth It?
The rapid growth of blockchain technology and increasing demand for blockchain professionals are enough points to prove the worth of a blockchain career. A B Tech in Blockchain degree is all you need to enter this field. Here are the reasons why building a career in blockchain is a smart choice:
1. High Demand
With all kinds of businesses adopting blockchain technology, blockchain savvy is in high demand. Whether you are a blockchain architect, analyst, developer or consultant, your future is bright. From Digital India to e-governance, financial services and supply chain management, a B Tech in Blockchain grad has a promising career.
2. Diverse Industries
The term blockchain is no longer unfamiliar. It’s becoming more popular in all fields:
- Cutting expenses, improving security, and simplifying financial processes in the financial sector.
- Enhancing the traceability and transparency of goods from manufacturing to consumption through the supply chain.
- Enabling patient-centric systems, safely storing and exchanging patient data in the healthcare industry.
- Enabling digital identities, tamper-proof voting systems, and effective public services.
3. Competitive Salary
Blockchain experts are offered handsome salary packages in all sectors. Salaries are also the highest in the IT sector. If you want a financially rewarding career, learn blockchain development. In India, the average salary of blockchain developer is Rs 6,50,000 per year.
4. Evolving Tech
The blockchain is still an evolving technology. New consensus techniques, smart contracts, and decentralised finance (DeFi) always push the envelope. Being innovative is the need of the hour. The algorithms constantly evolve, making user experience and stored data more secure.
5. Entrepreneurial Opportunities
Blockchain is frequently related to start-ups. Business owners are investigating ways to develop novel solutions by deploying blockchain. With a B Tech in Blockchain, you can launch your own blockchain business and devise systems and applications for data security and transparency.
6. Global Career Opportunities
Businesses and organisations worldwide are adopting blockchain technology, making it a worldwide phenomenon. Blockchain graduates with a B Tech in Blockchain degree may find employment with multinational companies, cooperate with teams across borders, or even move to blockchain hotspots in the US, Singapore, or Switzerland.
Skills Required by a Blockchain Developer
A blockchain specialist should have strong abilities and complete understanding of the technology. However, it could be difficult for blockchain industry freshers to determine which skills are most important to learn.
Job descriptions and listings might help candidates learn what companies are looking for. These specifications and the required roles vary from company to company.
Here are the fundamental blockchain developer skills that every professional should have:
1. Blockchain Architecture
Blockchain engineers should thoroughly understand the network architecture and technology that support blockchain. Knowledge of blockchain functions and concepts like hash functions, cryptography, smart contracts, distributed ledgers, and decentralised applications is crucial.
2. Data Structuring
A blockchain network is entirely made up of data structures. Blockchain developers should be familiar with data structures and how a blockchain network operates. Information about the various kinds of data structures, including heaps, graphs, hash trees, linked lists, and Merkle trees, are add-ons.
3. Web Development
Web development and blockchain complement each other, focusing more on decentralised applications. This means that a blockchain expert ought to know all the facets of web development. A B Tech in Blockchain will teach you practical and user-friendly applications of blockchain web.
4. Interoperability Solutions
As you know, blockchain is an inter-connected network; a blockchain engineer must be able to work with cross-chain technologies. This interoperability nature supports communication between blockchains; hence, a tech expert should be able to listen to what they say.
5. Soft Skills
A B Tech in Blockchain grad should have effective communication and collaboration skills as they work in cross-functional teams. Skills like adaptability, self-development, critical thinking and analysis are also essential.
B Tech in Blockchain Course Details
The next question might be about the course details, such as fees, eligibility, course duration, and where to study. The course fees vary from private to public institutions. On an average, the course fees for a B Tech in Blockchain at a private university in India is ₹4.2–12.7 lakhs. And a government university offers the same course in ₹1.8–2.4 lakhs.
The eligibility criteria include 50-60% aggregate marks in 12th with Physics, Chemistry and Mathematics. Students must qualify for entrance exams like JEE, CUET, state-level exams, or university entrance exams. B Tech in Blockchain course duration is four years.
When it comes to a place where you can study B Tech in Blockchain, Shoolini University can be your top choice. Ranked among the top universities in the country by the QS and Times Higher Education World University Rankings, Shoolini is the best university for B Tech in India. The clean and green campus in the Himalayas offers a growth-oriented and research-focused environment.
Career Options After Blockchain Course
The undergraduate program in blockchain provides exciting career options for students. The wide acceptance of blockchain professionals in different sectors makes blockchain a worthy learning course. For a promising blockchain future, an aspiring student like you can work as:
Let’s go through some blockchain-related careers:
- Blockchain Developer: This role involves creating and executing decentralised apps (dApps), smart contracts, and blockchain protocols.
- Blockchain Architect: You will create a general design and structure of blockchain networks and systems.
- Blockchain Consultant: A blockchain consultant advises businesses on blockchain development, integration, and implementation tactics.
- Blockchain Project Manager: As a manager, you will oversee blockchain initiatives to make sure they stick to the budgets, schedules, and objectives of the organisation.
- Cryptocurrency Analyst: A cryptocurrency analyst tracks and analyses market patterns, pricing, distribution, and trends.
- Blockchain Legal Consultant: As a legal consultant, you will advise your clients about smart contracts, blockchain laws, and compliance-related matters.
- dApp Developer: The job role of a dApp developer is to design blockchain-based decentralised applications that are safe and secure.
- Blockchain Quality Engineer: You will ensure safe and error-free working blockchain apps and systems by testing and debugging.
- Blockchain Security Specialist: A security specialist mainly protects blockchain systems from fraud, hacking, and other online dangers.
Conclusion
A career in blockchain technology is a promising choice. Blockchain technology offers security to businesses. It can completely transform industries, including healthcare, finance, and more. Pursuing a career in blockchain means influencing the future rather than merely staying ahead of the curve. And opting for B Tech in Blockchain is the first step to a brighter future.
If you want to revolutionise technology and improve businesses and society, learn blockchain technology. Develop the essential blockchain competencies for a promising career today!
Admissions for the February 2025 session at Shoolini University are now open. Apply today!
