Blockchain Developer: Salary & Job Description

May 31, 2020

Career Definition of Blockchain Developers

A blockchain developer is a type of software developer who works with blockchain technology. Blockchain is a decentralized data storage solution that can be used by the public; what makes it so unique is that any data sent over blockchain is not stored in a central location or by a third party. The technology was originally utilized for the creation of Bitcoin, the digital currency, but is now applied in a variety of industries. Smart contracts are another example of a blockchain innovation.

Blockchain developers are responsible for the full life cycles of blockchain applications, from research and analysis to design and execution. They utilize various programming languages to create interfaces, features, and architecture for different purposes, such as payment processing. Job duties may include building infrastructure, setting up security measures to protect against cyber attacks, educating sales personnel on company technology, and establishing best work practices. They may collaborate with engineers or other information technology personnel in other offices during the design process. These professionals commonly work for technology services firms.

Educational Requirements Bachelor's Degree
Job Skills Excellent programming skills, knowledge of blockchain protocols, strong analytical abilities, and effective communication skills
Median Salary (2019)* $105,590 (software developers)
Job Outlook (2018-2028)* 21% (software developers)

Source: *U.S. Bureau of Labor Statistics (BLS)

Required Education

A career as a blockchain developer typically requires a bachelor's degree in information security, computer science, or a related discipline. Some positions only require relevant experience and programming skills, and other positions require a degree and experience. As a blockchain developer, you can further your skills and knowledge by joining an organization like the IEEE Blockchain Community. This online community provides valuable networking and training opportunities for members, as well as numerous conferences within the industry.

Required Skills

It is essential to have excellent programming skills if you are interested in working as a blockchain developer. Knowledge of various programming languages, such as C++, Java, and Python will be fundamental. Experience with cryptography and specific blockchain protocols, such as Bitcoin and Ethereum, will be very helpful. As a blockchain developer, you should also have strong analytical abilities. You will need to evaluate a company's needs and resources and implement appropriate solutions. You should also have effective communication skills in order to work with engineers and other technical personnel to create streamlined solutions.

Career Outlook and Salary

The U.S. Bureau of Labor Statistics (BLS) does not collect information on blockchain developers; however, the position would fall under software developers. The BLS lists a projected 21% job growth for software developers during 2018-2028, which is much faster than the average. The BLS reported the median salary for software developers as $105,590 in 2019. However, due to the in-demand nature of the specific skill set, blockchain developers may earn more than other types of software developers.

Related Careers

Companies need many professionals to manage their technical infrastructure. Other careers that utilize computer science skills include:

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