If the internet, aided by information technology, revolutionized the world and paved the way for the technological advancements we see today, then Blockchain technology is the new buzzword heralding a new era in digital transformation. The internet and blockchain technology have already been predicted to change the future course of action, with Fred Ehrsam, co-founder of cryptocurrency exchange Coinbase predicting that “everything will be tokenized and connected by a blockchain one day. Although Satoshi Nakamoto created it from its infancy to power the bitcoin platform in 2009, it has since developed into a cutting-edge technology with the potential to transform business, education, government, healthcare, and other sectors thanks to its extremely secure and impervious design.
As Mahatma Gandhi aptly said, “The future depends on what we do in the present.” As a result, it is safe to say that arming yourself with the knowledge that has the potential to shape the future is unquestionably the way to go. A blockchain certification course will assist you in charting the right course in this journey. The California Institute of Technology (Caltech), located in the United States, offers a top-notch blockchain boot camp program that teaches the fundamentals of the Bitcoin, Hyperledger, Ethereum, Ripple, and Multichain platforms while also giving students a real-world experience.
We have presumably come across the term in relation to cryptocurrencies like Bitcoin and wondered what the big deal was. It is the technology that underpins cryptocurrencies and has vast digital applications. So, let us take a closer look at what blockchain technology entails. A blockchain is a distributed, decentralized ledger that records and tracks digital business transactions and assets. Primarily, it uses cryptography to store blocks of data, and any new data added to the blockchain system is chained to the preceding block, thereby documenting the lineage of digital data. Although it was intended specifically as a digital ledger for cryptocurrency systems, it now has a broad range of applications due to its capacity to record any type of data. Additionally, the blockchain is decentralized, granting control to all users as opposed to just one by enabling multiple users to access and verify data at once in real-time. And furthermore, since blockchain adheres to immutable technology protocols, data entered cannot be altered. Along with its decentralized and distributed technology with a peer-to-peer protocol, it offers transparency, traceability, and trust.
A certification in blockchain technology equips you with the skills, knowledge base, and practical experience needed to make an easy transition into the blockchain realm and pursue a successful career. Furthermore, as a certified blockchain expert, you are validated for your expertise, and it places you in a favorable position in the eyes of recruiters looking for experts with suitable credentials in job profiles such as blockchain developer, designer, and project manager, to name a few. The value of blockchain in business will shoot through the roof, approaching $176 billion by 2025 and $3.1 trillion by 2030, as per Gartner. Here are some more reasons why you should get a blockchain certification:
1. Diverse career options
One of the advantages of starting a career in blockchain technology is that you will be presented with a variety of job opportunities, such as those for blockchain developers, architects, administrators, project managers, analysts, and legal consultants. You can choose which role best fits your profile based on your skill and aptitude.
2. Lucrative salary
The saying “Money makes the world go round” is true. Whether we like to admit it or not, a person’s top criteria for choosing a suitable career profile, along with career growth and stability, is undoubtedly a lucrative salary package. There is a shortage of blockchain experts across industries because it is a new technology. Leading job sites report that a startling number of positions go unfilled due to a lack of personnel with blockchain expertise. Thus, scarcity leads to high demand, and high demand indicates a financially rewarding pay scale awaits talented employees.
3. Blockchain will reshape numerous industries
Due to its highly secure and reliable nature, blockchain technology is finding its way into a variety of industries. The factor of easy scalability is a further benefit. Almost every industry, from education to health care, insurance, and power, is using blockchain technology to keep their data safe and secure. It is also predicted that future applications will be based on the blockchain architecture. Thus, a blockchain certification provides you with tremendous opportunities for career advancement and skill diversification by allowing you to find employment in a variety of fields where you can advance your knowledge and technical as well as practical skills through collaboration with experts in the field.
4. Blockchain is universal
Blockchain technology is a universal technology with the capacity to store and transmit information just about anywhere in the planet. It is also simple to integrate into existing processes and structures. As a result, it provides global connectivity while also serving as the underlying technology for cryptocurrency, which has the ability to revolutionize the vision of a single universal currency in the future.
5. Blockchain is the future of the internet
Since its inception several decades ago, information technology has undergone significant changes. The latest transformation it is undergoing is coupled with blockchain technology. Since the data stored in blockchain technology is immutable, irreversible, and cryptographically embedded, there is no doubt that it is highly secure and highly authentic. Blockchain is as important to the future as cloud computing, DevOps, and other game-changing innovations. It will generate a secure, trustworthy, and authentic digital record that can be accessed from anywhere in the world. While the internet paved the way for information to be successfully disseminated, blockchain technology will pave the way for validating that information is authentic and reliable.
There are numerous offline and online platforms that provide certifications in blockchain technology. For example, Simplilearn, in collaboration with Caltech CTME, offers an excellent blockchain certification program that caters to candidates with technical knowledge, though not mandatory, from a variety of industries, allowing them to learn and develop job-ready skills for a career in the blockchain spectrum. To be eligible for the boot camp, candidates must have a basic understanding of Java and mathematics, as well as a bachelor’s degree in a relevant field. The Blockchain Bootcamp will prepare students to deepen and broaden their understanding of blockchain technology as well as learn how to build, create, and manage smart contracts, Bitcoin wallets, transactions, Fabricode, etc.