Scalability/Involvement of Gov. Bodies
The blockchain is absolutely going to be the new future for everyone. You might be surprised to know that there are countries like Brazil whose government has adopted blockchain technology as a medium of creating various applications which also includes a voting system using ETH. To make it more transparent, they have also induced this for biddings and public contracts.
Whereas countries like Chile are using ETH for tracking data and the finance sector for better transparency and security. Today, almost every country wants to enhance their system with maximum security and that’s why lots of government agencies have either started their approach or are in discussion terms with agencies for implementing this technology. This could be the best reason to become a blockchain developer as it helps in developing the country in an economical aspect.
5 Reasons to Become a Blockchain Developer
Security is the major concern that most individual focuses on. To avoid such issues (hacking or losing sensitive information) with your system, Blockchain comes into the picture. Blockchain has become a new potential in the tech domain and if you talk about experts, they have already considered it as a dominating segment in the coming future. Blockchain was formed to support the foundation of bitcoin and fast forward moving today it is, no doubt, well-known for its security, adaptability, and profitability in this digital world.
Industries such as Automotive, Banking & Finance, Healthcare, Media & Entertainment, Government Bodies, Supply chain, etc. are some of the sectors that have already started adopting blockchain & the rest of them are yet to acknowledge its potential in today’s world. With the growing demand in the blockchain industry, people have now started looking for career opportunities in this field. As a result, now businesses are required to have their own blockchain experts who can look to fix their business needs by applying blockchain technology. Countries like Switzerland, Chile, Estonia, and Singapore adopted blockchain back in 2017 and as per a recent survey, Singapore is leading the chart.
So, it’s not wrong to say that the future is going to be the blockchain world and so does the demand going to rise insanely. Before we move ahead, let’s understand what is blockchain technology.