According to an analysis by PWC, blockchain technology has the potential to boost global gross domestic product (GDP) by $1.76 trillion over the next decade. As per another estimates, the crypto economy is projected to be worth over $100B by 2030. With every single company looking to adopt blockchain technology for future growth, it’s the right time to get into this space if you are not.
If you’re a recent graduate or an established professional, you’ve definitely heard of blockchain technology, which is poised to revolutionize every industry.
Blockchain, also known as distributed ledger technology, is a category of technology that is revolutionizing how we conduct business. Blockchain is incredibly safe, traceable, and dependable thanks to its decentralised network and simplified operations.
And specializing in blockchain is the way to go if you’re thinking about your next career move, want to rise to a senior position, or are looking at ways to stay ahead of industry trends.
1: Job opportunities in blockchain are expanding rapidly
The question of “What is blockchain?” is less important for organizations at the nexus of business and technology than “How fast can we use blockchain technologies?”
1280 senior executives and professionals from around the world participated in a Deloitte study, and 73% of them agreed with the statement “My organization will lose an opportunity for competitive advantage if we don’t adopt blockchain and digital assets.”
From banking and finance to agriculture and supply chains to government, healthcare, and education, blockchain is already transforming how organizations run. Blockchain technology is gradually becoming a transferable skill as more businesses utilize it.
Forbes notes, “As more and more blockchain projects begin to demonstrate usefulness […] the number of projects under development will rapidly increase, putting those who have been savvy enough to upskill themselves in control of a sellers’ market.”
A growing number of organizations are now willing to explore decentralized finance and blockchain technology. As big organizations start embracing decentralized finance; crypto and blockchain jobs are on the rise.
2: A Career in Blockchain Space places you at the forefront of change
You’ll be able to operationalize blockchain technology, disrupt stale industries, and drive superior business models if you have expertise in blockchain-enabled business.
Your ability to develop into senior positions will be facilitated by this skill set, which will also put you in the front of change. You could have a say in how businesses collaborate, how technology is used, and how supply chains are changed thanks to blockchain. You might also have a significant impact on moving your company into the new era of sustainability, governance, and cybersecurity.
3: Blockchain and crypto to revolutionize many industries
From government, healthcare, and education to banking and finance, agriculture, and supply chains, blockchain is already enhancing corporate operations in a number of industries. Blockchain technology is gradually becoming a transferable skill as more businesses utilize it.
The Deloitte survey of 1,280 global respondents revealed that 81% of senior executives and practitioners believed that “Blockchain technology is broadly scalable and has achieved mainstream adoption.”
4: Blockchain technology is global
Blockchain is a universal system that may be applied anywhere. Additionally, it seamlessly interacts with current systems and procedures, making the technology viable for widespread adoption and increasing the chances for worldwide career advancement.
5: Blockchain can advance your existing job prospect
The future of business is decentralised. The shift from centralized to decentralised internet services is probably the most significant movement in technology. Blockchain adoption will accelerate in the coming years and so the demand for blockchain professionals.
But, you don’t have to give up your current career to explore the possibilities of blockchain technology. In fact, applying your existing skill set and with a specialist blockchain lens is what could see you advance into a higher-paying role.
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