It is unavoidable to ponder the potential applications of blockchain technology’s certification procedures in light of its ever-increasing popularity. Is it possible for a blockchain professional to get an edge in their job by obtaining blockchain certification?
The attractiveness of Blockchain lies in its ability to alter the ways in which people communicate, do business, and exchange information. Blockchain technology is now regarded as one of the most innovative types of technology. There are a great number of technocrats and Blockchain experts who are of the opinion that this will be the most revolutionary technology within the next ten years. The decentralized nature of blockchain technology has enabled many different industries, including banking, supply chain, healthcare, and logistics, to get closer to their goals of greater transparency, independence from intermediaries, and increased efficiency. Blockchain is currently being used by businesses of all sizes, as well as federal agencies and even startup companies.
Previously, this technology was mostly utilized solely by large IT companies. In addition, the demand for blockchain expertise is growing beyond the limits of traditional positions like developer, architect, and security professional. At this point, the industry’s primary focus is on maximizing profitability while simultaneously bringing new items to market. As a direct consequence of this shift in focus, the majority of the professions that need blockchain expertise have shifted toward being focused on design, sales, and marketing. In point of fact, they are looking for Qualified Blockchain Professionals, and they are providing certified experts with a greater priority than their colleagues who do not have qualifications.
It is quickly becoming one of the most popular technological solutions for companies of all sizes.
Blockchain is, without a doubt, quickly becoming one of the most popular technologies for organizations of all shapes and sizes today. Before COVID-19, there was already a significant amount of interest among many enterprises in digital transitions. The global pandemic scenario has hastened the pace at which digital capabilities are being deployed around the globe, while in some places, it has become a question of survival to install digital capabilities for the first time.
Large, well-established businesses, as well as cryptocurrency startups, are opting to use Blockchain because it is a network that is both safe and transparent, making it ideal for efficient business operations. Based on the current acceptance rate, it appears that the employment market for those interested in Blockchain technology will continue to grow in the years to come. Aspirants are able to get a more in-depth grasp of technology, including its functional and technical components, thanks to certifications like these, which also assist professionals to boost their portfolios.
The increasing number of employment openings available
The market size for blockchain technology is projected to increase from USD 3.0 billion in 2020 to USD 39.7 billion in 2025, as stated in an exclusive study on the subject that was released by Markets and Markets in May of 2020. This indicates that there will be a quick increase in the employment market on a global scale and that Blockchain developers and other experts working in similar fields will be in high demand.
Experts in Blockchain technology, Architects, Ethereum Developers, Smart Contract Developers, and many other related positions are in high demand in this industry. Individuals can demonstrate their understanding of Blockchain technology and skills by earning one of these certifications. They can also gain an in-depth understanding of the technology and how it is implemented, apply their knowledge to any application, and build their own Blockchain enterprise using the knowledge they have acquired.
Certifications can assist individuals in improving their trading and investment strategies in cryptocurrencies.
The Cambridge Center for Alternative Finance estimates that the number of individuals using cryptocurrencies has increased thrice, from 35 million in 2018 to 101 million in the third quarter of 2020.
In addition, a study that was carried out by specialists from the Financial Conduct Authority in the United Kingdom found that there has been a 78 percent rise since 2019. In addition, when PayPal announced in October 2020 that it would begin supporting cryptocurrency transactions, it was stated at the time that this marked the highest quarterly return in the company’s whole history. Interest in digital assets is rising.
Therefore, gaining a thorough grasp of Blockchain through various certifications might assist you in making more informed decisions regarding bitcoin trading and investing.
The completion of a cryptocurrency certification program will not only boost an individual’s self-assurance but also equip them with the knowledge and abilities essential to improve their employment prospects.
Exceptionally high pay for those who hold a certificate
The wages of Blockchain industry specialists are on an upward trajectory. In point of fact, it is the most difficult talent to acquire at the moment. Glassdoor reports that the national average compensation for a Blockchain Developer in the United States is $1,01,689, while the national average salary for a developer in India is 5,07,137.
According to another survey from Glassdoor, the typical income of a Developer in the city of London, United Kingdom, is £50,137. However, having the appropriate abilities in this field is essential if one wishes to make a big income through it. You may adapt flawlessly to the growing trend of work chances in this field if you have the correct set of abilities, which you can get with the aid of certifications. A study conducted by Blockchain Council, an online platform that is well-known for providing world-class training and conducting its own market research, discovered that individuals who possess the appropriate skills and certification earn, on average, 30 percent more salary compared to individuals who have job profiles that are equivalent.
It is a technology that will be used in the future.
Numerous technocrats and blockchain experts are of the opinion that it is a technology that will emerge in the foreseeable future. It is quite evident that decentralized technologies are likely to bring about major change and development as a result of the incorporation of these technologies into the business models of huge corporations such as IBM, Microsoft, Apple, Google, and a great many more companies. This is just another compelling argument in favor of earning a certification in Blockchain technology.