Getting Started in Blockchain? Complete Guide for 2020

This guide is a comprehensive overview of any and all information you need for a career in blockchain. It includes information on how to get involved with the decade’s most exciting technology, which companies are entering the space, and what skills you need to make the leap. This guide will also dive into the future of blockchain and what the current blockchain industry is likely to look like in the coming years. We also dive deep into the specifics of the industry, and present many different possible job paths on blockchain, and the end of the article contains a detailed FAQ section that answers some of the most common questions we at BlockDriven Academy receive about jobs and careers in blockchain, both specific and general.

What is Blockchain?

Blockchain is a shared database that runs on a network of distributed servers. It contains a database, a sender, a receiver and a network of validators. One sends a transaction as a sender to somebody as a receiver, and then the transaction is validated by miners or nodes. Every transaction that enters the database is confirmed by the entire network. 

Pre 2012 to 2016

From 2012-2016, the blockchain industry did not receive much attention and most initial careers were only for developers. According to Burning Glass Technologies, “Five years ago, in 2012, we could find only a few vacancies demanding blockchain skills. By 2016 this number grew up to 1,838 messages, and 3,958 messages were made in the middle of 2017. It is 115% more than in 2016.” Most companies were startups around this time. For example, Axion in 2016 used Ethereum, smart contracts, and actual transactional legal agreements on blockchain. 

Another company named Toptal was founded in 2010, beginning as a virtual property with no physical offices. The firm matches business engagements with developers from its network and brokers. In 2015, the company expanded to include freelance design. In 2016, it acquired the freelancer platform Skillbridge, which offered freelance accountants, statisticians, and consultants in market research, financial modeling, and due diligence.

2017

Toptal saw a rise in recognition in 2017 because of the public’s interest in blockchain related currency and technology. The demand for blockchain engineering talent on Toptal grew 700 percent, and 40 percent of the fully managed software development projects requested in the last month require blockchain skills. During that time, Toptal developed personality, language, and skills testing to remotely screen engineering candidates, and accepted the top 3% of several thousand monthly applicants. In 2017, the company launched a vertical specializing in software engineers and designers for the automotive industry

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Drew Moffitt

Contributor

A successful entrepreneur with an extensive background growth hacking, startup marketing and monetization of platform business models. Currently, does platform business model consulting at Applico. Prior to that Drew took his startup, TailBus, from concept to acquisition in just over 6 months. He is a mentor & investment advisor to 25k Startups, a business model incubator in Long Island. Drew has appeared on Good Day America, Arise, SiriusXM, and has been featured in numerous media outlets.