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What is Blockchain?

In a sense, Blockchain is literally a chain of blocks – the blocks being digital information and the chain being a public database. Simply defined, it is a decentralized, distributed ledger that records the provenance of a digital asset. Blockchain makes the history of a digital asset unalterable and transparent through decentralization and cryptographic hashing. It helps reduce risk, stamp our fraud, and bring transparency in a scalable way for a variety of uses. Due to its fast uptick in adoption for application development, it is expected to generate more than $10.6 billion in revenue by 2023.

Who needs to learn it?

Blockchain was originally created to be a transparent ledger system for Bitcoin. It has since been expanded for a multitude of uses by developers who use it to create programs that can communicate with one another on the chain. Blockchain is used in the shipping finance, healthcare energy, medical, and real estate fields.

What you will learn

Its encryption and transparency makes Blockchain a useful tool for any kind of application, program, or software development that deals with sensitive data. Blockchain can be used for a variety of purposes. Payment processing can be expedited, and funds transferred from one party to another. It can also be used to monitor supply chains by removing paper-based trails, which can pose security threats, and store enterprise data.

React classes are for:

  • Application developers
  • Software engineers
  • Software developers
  • Marketers
  • Accountants
  • Asset managers
  • Money lenders
  • Smart appliance developers

What you can create

  • Digital IDs
  • Retail loyalty programs
  • Copyright and royalty protection
  • Smart appliances
  • Real estate, land, and auto title transfers
  • Food source tracking
  • Data backups
  • Medical recordkeeping program

Earning potential and career options

Some common careers in which people regularly use Blockchain and their average salaries in the U.S. include:

Senior managing consultant – $153,703

Director of Product Management – $149,225

Full Stack Developer – $112,098

Software Engineer – $110,723

Product Manager – $106,612

Innovation manager – $96,283

Risk analyst – $93,048

Block manager – $74,740

Engineer – $70,704

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    Our Blockchain Courses

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    Blockchain Development for Finance Projects

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    About our dedicated educators

    At Skill Developers, we employ industry-leading instructors to deliver educational courses in Blockchain technology. When you sign up for a Blockchain class, you will receive live online education in virtual labs and 24/7 support from experts. You will connect with teachers who can answer your questions and provide guidance as you complete your courses and become a stronger job candidate.

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