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Top Blockchain Careers You Should Consider

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Since the inception of  Bitcoin in 2009, cryptocurrency and its underlying technology, the blockchain technology has been on the upswing. The technology has caused disruption across businesses from finance to the health sector. The advantages presented by the technology such as cost reduction, faster transaction speed and elimination of intermediaries for the facilitation of transactions makes the technology to be much loved.  However as this technology is being adopted, regulated and studied by countries across the globe, careers are also been created. The Blockchain technology offers a more secure way of keeping records and its growth in the past years has created lucrative career options.

One of the hottest skill in the freelance job market right now is blockchain related. According to Indeed.com there are 1949 Blockchain jobs on the site. This indicates that blockchain related jobs are on the rise. But then, what kind of career choice is available if someone decides to venture into the blockchain technology.

Blockchain Developer

One of the most lucrative careers in the industry currently is that of a Blockchain developer. Every company and platform interested or involved needs a  developer to develop their blockchain platforms to provide better service for clients and to optimize their business model. There is a constant need for blockchain developers to write and develop codes that will run the programs these companies want to bring into the blockchain space. However before venturing into this field you need to have some technological skills which could include Microsoft SQL Server, HTML, Regression, Visual Studio, C++, C#, Javascript, Node.js, e.t.c

Blockchain Project Manager

A blockchain project manager is needed to manage and facilitate blockchain technology projects that companies need to develop for their businesses. The blockchain project manager translates the company’s needs from regular language into technical language,and then from the blockchain developers’ language back into regular language, easy to understand and utilise. He plans and supervises the execution of a blockchain project. To be a blockchain project manager, you may need a project management MBA degree or Master’s .

Blockchain Intern

If you desire to get into a blockchain technical career, getting a blockchain internship with a startup or established company would be of great help to you. Although the duties of an intern varies it still pays well. You will however need to have some technical skills such as NodeJS,  APIs, React, Java, C++, Solidity, CSS and HTML, e.t.c.

Blockchain Engineer

The ratio of blockchain engineers to the job demand is 1:14. The duties of a blockchain engineer includes the creation and implementation of digital solutions for blockchain based companies. Their duties also include setting up the company’s infrastructure to use ethereum and bitcoin or any other cryptocurrency. He’d also have to implement assets and accelerators as well as analyze code and organize blockchain programming training for new trainees.

A blockchain engineer should be highly skilled in Solidity, Java, Hyperledger, Python, Fabric, Ripple, bitcoin, Oracle Identity, e.t.c.

Blockchain Quality Engineer

As a Blockchain quality engineer, you will be responsible for the automation of frameworks and tests, manual testing and dashboards, all of which works to support mobile, web and platform engineering. Duties such as the complex deliveries of blockchain projects such as developing, application and maintenance of QA automated test standards. Also, he’d have to research and give advice on new blockchain related test automation methods, tools and technologies. An Engineering management MBA degree or very least a Master’s level will go a long way to getting you a job as a Blockchain Engineer.

Blockchain Legal Consultant or Attorney

Legal services will always be needed when businesses come together for partnership and growth. With the rise in the firms interested in the blockchain technology, there is an equal rise of those who want legal services. There is a rise in attorneys dealing with ICOs, structuring partnerships and the rest. There will always be a need for legal services, and drafting legal agreements and performing due diligence. The blockchain technology has smart contracts to ensure that contracts of transactions are recorded on the blockchain but then lawyers are still needed.

Blockchain Designer

Web designers are needed as the best place to put your business these days is the internet. Therefore with the increase in the rise of blockchain startups and cryptocurrency, there will be a need for a Web designer who can create new pages and excellent user interfaces.

The blockchain technology is still growing and its use cases is also growing. This means that more career opportunities will present themselves as the years go by.


 

 

 

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I am a blockchain and cryptocurrency journalist fascinated with sharing the knowledge of this wonderful technology in the simplest language possible.

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Blockchain technology and sustainable development in  Africa’s agriculture sector

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A critical factor to some of Africa’s biggest development goals lies in agriculture. This is is because to a large extent, Africa is still an agro-economy and the Agricultural sector is an engine of job creation. With about 60 percent of total employment in sub-Saharan Africa allocated to farming. The Agriculture sector is also a driver of inclusive and sustainable development and by 2025 the sector is projected to add more jobs to the African economy. However, Africa’s agriculture sector is facing mounting challenges and the blockchain technology is being used to solve most of these problems.

While Agricultural production rate of the continent has increased, it still lags behind other regions. Considering the rise in population, Africa’s food system will be further strained by a population projection of 1.3 billion by 2050. This will cause a problem for food security which is a challenge as climate change also threatens the sector. Blockchain based agricultural firms such as Agrikore have began creating solutions that suit the African problem. Agrikore is a smart-contracting, digital payments marketplace system focused on providing information, product and a marketplace to stakeholders in the agricultural sector.

Employing the blockchain technology to Africa’s agriculture will boost the sectors and create sustainable development. For instance, BitMari a blockchain startup has set up a platform to launch smart farm contract which will aid agricultural funding in the continent. The firm is developing an application that allows buyers to purchase farming contracts for agricultural projects in Zimbabwe. Thereby creating the needed fund for the sector. Also, in Ethiopia, cryptocurrency startup Cardano signed an MOU with the government to use its developers use its blockchain for the local agriculture industry. Cryptocurrency exchange, Paxful is not left out as the exchange poured bitcoins into the agricultural and educational sector of Rwanda. The blockchain technology is also helping farmers get loan as a crypto startup is  bringing cryptocurrencies to the agricultural space, providing 50,000 farmers with loans worth US$10mn. The project which is a collaboration between Block Commodities, Wala, Dala, and FinComEco will develop and operate a variety of platforms, projects and initiatives in the agricultural commodity markets Africa. On the other hand, Kenyan agri-tech startup, Twiga Foods partnered with IBM Research to provide microloans to about 220 food stall retailers across Kenya with the use of a blockchain-based financing system.

All these projects are focused on transforming the actor knowing just how important such a sector is to the economy of the continent. From solutions that can be accessed on the mobile phones to loans, to smart contracts and even down to tracking in the supply chain managements of agricultural products. The blockchain is making a head way in the continent and hopefully the effectiveness of the technology will encourage governments to adopt it.  

 

What do you think about struggling nations employing the blockchain technology? Share your opinion with us in the comment section below.
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The Information provided on the website is designed to provide helpful information regarding cryptocurrency subjects. The content is not meant to be used, nor should it be used as a basis, foundational knowledge or prerequisite for decision making regards trading. Always do your own research and due diligence before placing a trade. We are not liable for any outcome based on any content found on the site.

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How Blockchain Can Help Struggling Economies

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The blockchain technology and its underlying use case cryptocurrency is making waves across the world. The technology aids in tracking and storage of data that will be immutable. It is a secure way of storing data and industries around the world are adopting the technology at the speed of lightning. From insurance and real estate to crowdfunding and data management, the potential applications of blockchain technology are numerous. The technology also allows for many other uses and applications as well. It’s likely that the blockchain technology will be of use to some of the world’s most impoverished nations who will benefit from integrating the blockchain technology to their systems.

Avoiding Sanctions

The economy of Venezuela has been suffering from hyperinflation which worsen after the US sanctioned the Venezuelan Government. The situation prompted dramatic shortages of basic necessities such as food, health amenities and the rest. However bitcoin and other cryptocurrencies had been used to help ease the strain. With Venezuelans turning to mining and bitcoin trading. Even more, the government of the nation even made their own crypto called Petro. Since the value of Venezuelan fiat had fallen so low that local artist now resort to using the money in making crafts. With crypto, the failing economy is able to sustain itself.

Protecting Children

The blockchain technology can be used as a means to help the defenseless such as the children of the Democratic Republic of Congo. The central African country which has mined 54% of the 123,000 tons of cobalt generated around the world has child miners working at informal mining structures. A project is however working to launch a platform to protect children there from forced labor. The project aims to provide global manufacturers of high-tech devices like smartphones with cobalt used in lithium-ion batteries that the colbats was not mined by children. This way protecting children labourers. This project will protect the right of the children in the Democratic Republic of Congo. A country that has been ravaged by wars and has a significant amount of problem causing informal mining sites where many of the workers are child workers.

Providing Relief

Countries such as Haiti which is still affected by the damages caused from hurricane and earthquake over the last decade. This country has a lot to benefit from the blockchain technology. Also, EatBCH a charity arm of Bitcoin Cash launched a feed South Sudan project. The country had been ravaged by civil war for the past four years and was equally suffering from hyperinflation.
There are many struggling nations that could benefit from the blockchain technology. Governments can apply it in their database, enhance their services and collate information about citizens identity. But regardless the use case, the blockchain technology is definitely the way forward and forward thinking government should employ it.

 

 

 

What do you think about struggling nations employing the blockchain technology? Share your opinion with us in the comment section below.
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Disclaimer:
The Information provided on the website is designed to provide helpful information regarding cryptocurrency subjects. The content is not meant to be used, nor should it be used as a basis, foundational knowledge or prerequisite for decision making regards trading. Always do your own research and due diligence before placing a trade. We are not liable for any outcome based on any content found on the site.

 

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How Can the Blockchain Disrupt the Recruitment Industry in Africa

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Africa is a growing continent blessed with human and natural resources. But despite witnessing some great achievements in the past decades, one of the biggest problems the continent faces is unemployment. Due to unemployment or unfavourable working conditions, the manpower the continent needs to run the continent leaves in droves looking for greener pastures.
Despite the number of departures, the youth population in Africa is expected to double, to over 830 million, by 2050. This spells doom as there is little or no infrastructure to curtail this disaster as some countries such as South Africa already has a percentage of 27.7 unemployment while Nigeria tags behind Greece with a percentage of 18.8 unemployment. However, since the inception of Blockchain technology, various sectors from health to real estate have experienced disruptions and the recruitment sector is not to be left behind. The question now is what can the blockchain technology do for the recruitment industry in Africa?

Solution Needed

The challenges faced by recruitment agencies might not be visible as that of other sectors but then it there are lots of unemployed youths in Africa and this calls for an urgent solution. Recruiters face challenges that range from trying to place someone at an organization to vetting a qualified candidate for various positions. But, One of the biggest challenge facing Africa is ‘data’. Africa lacks a solid database and this proves to be a huge problem for recruiters when vetting candidates. Most often, the wrong man for the job gets picked up and it might set the company backward.
Recruiters have to prove that the candidates indeed have the qualification they claim to have. they also have to ascertain that the educational qualification, work history, and references are legitimate. They cannot just take the candidates resume at face value neither can they become a forensic scientist in the process of confirming the legitimacy of a candidate’s document. A new solution will need to overcome the hurdles face by recruiters before a company discovers too late that a top executive isn’t the graduate he claims to be.

The Blockchain Solution

Recruitment agencies can benefit from the blockchain technology which has other uses cases beyond cryptocurrencies its most popular use case. The blockchain technology is one that makes systems more secure, more efficient, increased transparency, and provides accurate tracking. it also provides a permanent ledger and it reduces the cost of interacting with a middle for verification. Using a blockchain platform such as Uport, a candidates identity can be verified. This is because Uport allows one to build their identity on the blockchain making it verifiable anywhere in the world. Since the blockchain cannot be easily edited and only accessible to the concerned parties, the candidate cannot falsify his information and the data is accessible to just the recruiter.
Candidates will have to input real data since it could be easily traced if it is falsified. the candidate’s entire educational background and work history, as well as references, can be assessed by the recruiter. This will be a game changer in Africa where falsifying paper records seems to be so easy.

 

 

 

 

What do you think about using the blockchain in recruitment? Share your opinion with us in the comment section below.
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Disclaimer:
The Information provided on the website is designed to provide helpful information regarding cryptocurrency subjects. The content is not meant to be used, nor should it be used as a basis, foundational knowledge or prerequisite for decision making regards trading. Always do your own research and due diligence before placing a trade. We are not liable for any outcome based on any content found on the site.

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Tokenization and Its Implication on Businesses

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The term tokenization isn’t strange in the cryptocurrency world although not so popular. It is however important for you to know that tokens are often known as coins and they power every blockchain platform. Tokens basically describe any asset that’s tradable, it could be commodities,  loyalty points or other cryptocurrencies.

What is Tokenization 

Tokenization refers to converting the rights to an asset into a digital token on a blockchain. There is great interest by financial intermediaries and technologists around the world in figuring out how to move real-world assets onto blockchains to gain the advantages of Bitcoin while keeping the characteristics of the asset. Let’s assume that a fish farmer wants to produce fishes worth $50,000. Tokenization can convert the fishes to 50,000 tokens or more. Therefore each token represents a share in the asset (fishes). So, when the token is issued on a platform supporting smart contracts, the tokens can be bought freely and sold on different exchanges. Buying one token gives you a percentage ownership in the asset.  This means that an asset can be tokenized and a digital representation of it can be created on the blockchain. With tokenization, any business can sell anything to raise money. It creates a world where liquidation is unrestricted by physical assets or cash.

Benefit Of Tokenization

Tokenization eliminates the need for intermediaries in the execution of transactions. Businesses and individuals can successfully execute their contracts without the extra expenses of a middleman. Transactions are facilitated on a public ledger that records and validates transactions. So, there is no need for intermediaries. There is also the fact that tokenization reduces the risks of double spending and has a database that shows the complete history of ownership and transaction.

When a token is created by a company, it becomes an atomic unit of value exchange. This unit of value exchange maybe within a particular market and result in a transaction between the buyer and the seller. For instance, if a biscuit producing firm decides to tokenize their assets for whatever reason, that unit of value (token) becomes a transactional economy between buyers and sellers. A token also consists of features that allow users to earn value and to spend it on services that are internal to the inherent ecosystem. Tokens offer businesses a much lower barrier for processing end-to-end transactions within a particular market.

Other Usage of Tokens

A token could also be used on a particular blockchain infrastructure to perform a specific function, running a smart contract, paying for a security deposit, or just as usage fees. It could also be used as an incentive to reward users for joining a network or contacting others to it.
Entrepreneurs are coming up with different creative ways they can put tokens to use. But then it has an implication for every industry. From the Agricultural sector to the real estate sector. For instance, a blockchain based company Propy is using the blockchain to connect property owners and buyers across the globe.  

 

 

 

 

What do you think about tokenization? Share your opinion with us in the comment section below.
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Disclaimer:
The Information provided on the website is designed to provide helpful information regarding cryptocurrency subjects. The content is not meant to be used, nor should it be used as a basis, foundational knowledge or prerequisite for decision making regards trading. Always do your own research and due diligence before placing a trade. We are not liable for any outcome based on any content found on the site.

 

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