Cryptocurrency has become hugely popular in recent years, so jobs in this sector are increasingly in-demand. The cryptocurrency market is booming and so, too, is the demand for professionals with the right skills to successfully navigate this new financial landscape: here we will talk you through some of the most in-demand roles in the industry and the necessary competitive skills you will need to secure these increasingly popular positions.
What is Cryptocurrency?
For those who are not familiar with the concept, cryptocurrency is, in short, digital form of currency, which is designed to ensure secure transactions using cryptography. Bitcoin is by far the most widely known decentralized cryptocurrency, but there are countless others. The primary draw of using cryptocurrency as an alternative to other forms of payment is that it is not controlled and restricted by governments or central banks, meaning that a company can have full control over their contracts.
What are the Most In-Demand Roles?
There a range of both technical and non-technical roles that Cryptocurrency companies are looking to hire for, the following of which are the most in-demand:
- Software Engineer – software engineers will develop, build, launch, and maintain software systems and products. Mary Alban, a tech blogger at Boomessays and Stateofwriting, explains: “In particular, blockchain engineers are increasingly needed as companies choose to integrate blockchain technology and cryptocurrency.
- Software Architect – a software architect is a high-level software developer working collaboratively with software engineers and, as blockchain is adopted by more and more companies, facilitates for such initiatives.
- Full Stack Developer – when working for a company that handles cryptocurrency, a full-stack developer will be responsible for integrating blockchain and cryptocurrency, alongside other standard development projects.
- Front-End Developer – a front-end developer is uniquely responsible for developing the company interfaces (e.g. the company website) specializing in the user experience and focusing the site towards cryptocurrency, if this is what the company is promoting.
For those interested in non-technical roles within the field of cryptocurrency, Marketing, Operations, and UX/UI Design are the largest current hiring needs.
Specific Competitive Skills
- Be a fast learner – while you should enter this profession with a functional knowledge of the technology, the most vital skill is being able to pick-up new information quickly, especially considering the often complicated nature of these systems. At the end of the day, your employers will not expect you to have a full working knowledge of every system and technology currently potentially in use – so having a background or experience with general programming skills and knowledge is going to be a minimum necessity when attempting to enter into this line of work.
- Understanding blockchain technology – professionals who are going to be working with cryptocurrency need to have at least a general understanding of how blockchain technology and smart contracts work. This is crucial in troubleshooting any potential issues and being able to confidently represent the company by speaking with confidence and competence. For this reason, having a good foundational knowledge base in this area of information and technology is especially valuable for those pursuing customer service roles with companies which are implementing cryptocurrency.
The bottom line is simple: as long as you have a passion and genuine interest for working with blockchain technology and cryptocurrency, a willingness and motivation to learn and grow as a professional, and a basic understanding of the various concepts and systems involved, pursuing a career in a cryptocurrency-based or cryptocurrency-using company is more viable now than ever. As Robert Steward, a career writer at Australianhelp and Paperfellows, summarises: “There are countless companies looking to hire in this department and many do not require extensive prior experience as they are aware that the landscape of this technology and, more specifically, this professional field, is very new and still developing.”
Molly Crockett is an expert marketing and business writer at Ukwritings.com and Academized.com, offering advice to managers looking to optimize their business practices. In her own time, Molly is a tutor at Essayroo.com and she regularly finds new ways to help young people develop their writing and research skills.