Blockchain is applicable far beyond its reputation with cryptocurrency. It o, it has changed many things. It has streamlined transactions and made everything highly secure, traceable, and reliable. 

So even if you aren't aspiring to be a blockchain engineer, you can still use your expert knowledge to advance your career.

Why blockchain is relevant to you and understands how you can use the technology to get better career opportunities.

Top 5 reasons to learn Blockchain

Everyone must learn blockchain as it makes transactional operations in your business very easy. But why else would you need blockchain?

Here is why you need to know about blockchain:

1. Get insights into cyber security

Blockchain is a decentralized system that maintains the transparency of transactions. Studying for the Blockchain certification, you learn so much about the security measures taken.

The open security system of blockchain makes it hard for hackers to change blocks without anyone knowing. So learning about blockchain will teach you about cyber security. You will also learn methods such as hashing and encrypting in training.

2. Incredibly traceable 

Tracking products and goods on the blockchain is extremely easy. The blockchain, also known as an open digital ledger, maintains all transaction records making it easy for you to trace and move goods at any time. So you no longer have to worry about loss of goods or theft.

Without blockchain misplacing and losing goods was extremely common, but now with this technology, you can track the entire transaction back to its source.

3. Efficient and quick

With everything being secure and digitalized, work has also become highly efficient. In addition, the complete record-keeping has become automated, and the ledger is distributed among all participants making communication and collaboration quicker due to the lack of a third party.

The efficiency also increases in terms of a reduced number of human errors. In addition, the entire transaction process gets more streamlined and easy to handle.

4. Better job prospects

The future job market has plenty of career opportunities for anyone interested in blockchain. Many startups, as well as well-established companies, have understood the importance of blockchain in an organization. After implementing this technology, they have opened up the doors for many jobs in blockchain, sometimes even creating new jobs in the field.

Here are some typical job opportunities in the blockchain industry:

• Software Engineer
• Cryptocurrency Analyst
• Cryptocurrency Developer
• Blockchain Developer
• Blockchain Solutions Architect
• Blockchain Project Manager
• Blockchain Legal Consultant

5. Be part of the innovation.

Blockchain is at the top of all innovation, so to bring innovative solutions to your business, you must be aware of the technology and its limits. For example, if you have heard of smart contract, you must know how wonderful it has worked to automate transactions. The entire automation process has been a great innovation.

So to get the opportunity to become a part of organizations and teams where innovation is prioritized, you need to know and understand blockchain technology.

6. Blockchain in various industries

Blockchain technology has already made its way into several industries. From Finance to Real estate, everyone needs a blockchain professional from finance to real estate to do what they do best.

The following are the top 5 well-known sectors that blockchain technology is already changing:

7. Finance

Because of blockchain technology, there is no longer the need for a middleman in the finance industry. Blockchain is upending the financial industry by offering a peer-to-peer payment mechanism with the highest security and lowest costs. With this technology, you can make your transactions in a matter of minutes across the globe. 

Additionally, with cryptocurrencies in the picture, you don’t need a third party to carry out more significant transactions. Instead, Bitcoin users can access their transactions from the blockchain open ledger anywhere in the world.

8. Cyber security

Security on online networks and systems is stronger than ever because of blockchain. Harmful attacks are detected in an instant due to peer-to-peer connections, and that prevents data from being altered. This is managed because each data saved on the blockchain network is verified and encrypted.

A decentralized system ensures that all transaction methods are secure and transparent.

9. Supply chain management

By enabling traceability throughout the whole supply chain, blockchain technology makes it possible to track products. You can verify all transactions by numerous supply chain participants because of blockchain technology. All transactions and data are stored in blockchain, and anyone in the supply chain can check the legitimacy or delivery status of the goods.

10. Real estate

The way transactions are recorded safely in blockchain, so are real estate and property records. Documenting property rights has become highly efficient with blockchain. It ensures no disputes over property ownership as everything remains apparent in the blockchain system.

11. Voting

The government is considering using the blockchain to conduct a fair round of elections for the upcoming elections. Voting using blockchain technology can end election fraud and increase voter turnout. With blockchain, tampering with votes would be next to impossible.

Blockchain technology will also make the election process more open and quick. After the voting process, the votes would be in instantly, and it would take less time to announce the results.

Blockchain is finally establishing itself across various industries, and if you want to survive in the upcoming job market, you need to know everything about this technology. Blockchain has gone far beyond bitcoin and cryptocurrencies, and the chances of your next IT job demanding your knowledge of the technology are high.

So don’t think of blockchain as just a buzzword or a trend. It is already making way for many innovations and creating job opportunities worldwide in all industries.