{"id":37399,"date":"2018-08-03T16:14:38","date_gmt":"2018-08-03T14:14:38","guid":{"rendered":"https:\/\/www.rudebaguette.com\/?p=37399"},"modified":"2018-08-03T16:14:38","modified_gmt":"2018-08-03T14:14:38","slug":"how-you-can-build-a-career-in-blockchain","status":"publish","type":"post","link":"https:\/\/www.rudebaguette.com\/en\/2018\/08\/how-you-can-build-a-career-in-blockchain\/","title":{"rendered":"How You Can Build A Career In Blockchain"},"content":{"rendered":"
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There is a change in trust in the financial world. The name of this change often starts with “crypto” or “blockchain”. Here’s how you can build a career in this profitable field.<\/strong><\/div>\n<\/div>\n
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A change of trust<\/h2>\n
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Banks today play the role of a trusted financial intermediary in transactions. <\/span>Importantly<\/span><\/span>, for any deal to take place, both sides have to trust a middleman \u2013 the bank, as they have done for hundreds of years<\/span><\/span>. Banks often take a cut of the transaction, somewhere along the line, for their trouble. <\/span>The sum of those \u2018clipped tickets\u2019 amounts to many billions of dollars of revenue for banks around the world<\/span><\/span>.<\/span><\/div>\n<\/div>\n
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Recently, two overlapping technologies have come together to threaten banks\u2019 grips on trust. <\/span>Cryptocurrencies like Bitcoin and Ethereum offer, some believe, an alternative to Sovereign currencies, and can also <\/span><\/span>be transacted<\/span><\/span> anonymously<\/span><\/span>. <\/span><\/div>\n<\/div>\n
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Records <\/span><\/span>as to<\/span><\/span> who owns what <\/span><\/span>cryptocurrency<\/span><\/a> are currently stored in one of <\/span><\/span>a number of<\/span><\/span> \u2018Blockchains\u2019 \u2013 distributed financial ledgers of creditors and debtors<\/span><\/span>. <\/span>Together, cryptocurrencies and Blockchains offer an alternative to banks \u2013 which might be much cheaper<\/span><\/span>. <\/span><\/div>\n<\/div>\n
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The result is an increase in demand from employers looking to hire Crypto and Blockchain skills<\/span><\/span>. <\/span>As you can see from the chart below, both areas, Blockchain and cryptocurrency, are seeing a great deal of interest at the moment<\/span><\/span>.<\/span><\/div>\n<\/div>\n
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An exponentially rising number of job opportunities for those with Blockchain and Cryptocurrency skills and a limit on the number of applicants is pushing wages up.\u00a0https:\/\/biglawbusiness.com\/blockchain-job-market-challenges-and-opportunities\/<\/figcaption><\/figure>\n<\/div>\n
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With such interest in the field and such a noticeable skills gap bidding up wages, I contacted Ben Green, Senior Blockchain Recruitment Specialist at <\/span><\/span>Blockchain People<\/span><\/a>, a recruitment firm focused on this fast-growing niche, who confirmed the opportunity,<\/span><\/span><\/div>\n<\/div>\n
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\u201cWages are very good for talented people, there is a lot of money <\/span>being invested<\/span><\/span> on a global scale.\u201d he said.<\/span><\/div>\n<\/div>\n
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There is now a Gold Rush for blockchain skills<\/span><\/h2>\n
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If you\u2019re in the mood for a career upgrade, it\u2019s a seller\u2019s market, according to Ben, who has identified two primary needs among his customer base<\/span><\/span>. He says,<\/span><\/div>\n<\/div>\n
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\u201cDemand is far outstripping supply at the moment. <\/span>There are not a lot of experienced people going around, those with experience are already employed and doing well<\/span><\/span>.\u201d<\/span><\/div>\n<\/div>\n
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There are two key motivators behind businesses\u2019 desire to hire. <\/span><\/h2>\n
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First, most established Financial Services businesses start with some internal research and testing, often employing a web development agency, or a local software consultancy house, to experiment or develop a proof of concept<\/span><\/span>. <\/span>If, in the course of that investigation, they determine there is a commercial opportunity that they can attack with a project, they go looking for individuals with Blockchain skills<\/span><\/span>. <\/span>At that point, they start hiring people with real-world experience in an advisory capacity<\/span><\/span>. <\/span><\/div>\n<\/div>\n
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The second most common source of jobs from hiring managers in the field comes from people in the technology and Financial Services Industry forming a start-up designed to disrupt their industry<\/span><\/span>. <\/span>In their rush to bring a new product to market, they also need skilled team members who can help them construct their dream<\/span><\/span>. <\/span><\/div>\n<\/div>\n
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So, if you want to take advantage of these opportunities, how can you do it?<\/span><\/h2>\n
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Where to get the skills you need to become a Blockchain expert<\/span><\/div>\n<\/div>\n
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For those who already have a natural curiosity or passion for Blockchain technology, there are <\/span><\/span>a number of<\/span><\/span> resources available to you which can assist in the upskilling process<\/span><\/span>.<\/span><\/div>\n<\/div>\n
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\u201cThere is a big wave of people coming who are currently skilling up. <\/span>There are more and more courses <\/span><\/span>being offered<\/span><\/span> including by Universities, private institutions etc.\u00a0\u201cSays Ben<\/span><\/span>.<\/span><\/div>\n<\/div>\n
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Specifically<\/span><\/span>, experts in the field suggest you:<\/span><\/div>\n<\/div>\n
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