Blockchain is a digital ledger that has gained a lot of attention recently. According to the reports, the number of jobs has grown by 207% since 2016. But the availability of Blockchain developers is low as compared to its demand.
Therefore, hiring a skilled and experienced developer is extremely difficult. Due to intense competition in the market, the rates of hiring a blockchain developer are very high.
So if you have the urge to attract the best talent at a low cost, this post will give you the idea of finding the best blockchain developer for your team.
Table of Contents
What Is Blockchain Technology?
Blockchain is a fixed, distributed ledger that records transactions and tracks assets within a structure of businesses. It is a great way of storing information that stops anyone from hacking or cheating.
Every block in the chain consists of several transactions, and whenever a new transaction occurs on the blockchain, a transaction record is added to every user’s ledger. The decentralized database is managed by multiple participants, called distributed ledger technology (DLT).
Types of Blockchain Technology
Now we are going to learn the four different types of blockchains.
Let’s get started:
A public blockchain is a flexible, decentralized, permission-free, distributed ledger system. Anyone with an internet connection can log into any blockchain platform to become an authorized junction and become a part of blockchain technology.
A public blockchain user can acquire current and past records, verify transactions, do PoW for an upcoming block, and do the extraction. The primary use of public blockchains is for mining and exchanging cryptocurrencies. The most common example of public blockchains is Bitcoin and Ethereum.
Private blockchains are generally used within organizations where only chosen members can access the blockchain network. This network can work in some specific environment, including a closed network or within an organization. The typical example of Private blockchains is Ripple and Hyperledger.
It has the features of both public and private blockchains. The hybrid blockchain is so flexible that users can quickly enter a private blockchain with various public blockchains.
A consortium blockchain is operated by more than one organization. It is a kind of semi-decentralized blockchain. This is entirely the opposite of a private blockchain, in which only one organization operates. The most common examples of consortium blockchain are Logistics and Finance.
What Is A Blockchain Developer?
A person who is accountable for developing and enhancing blockchain agreements, forming the structure of blockchain systems, and developing intelligent records and web apps using blockchain technology are commonly known as blockchain developers.
Skilled Blockchain developers generally know languages like Python, Java and C. Some developers are also trained in cryptography and math-based algorithms because they have to manage transactions on blockchains.
Steps to Hire the Blockchain Developer
Define Your Business Needs
As you know, blockchain offers so many advantages to businesses. Once you understand what your business needs are, you will be able to find the right blockchain developer.
Type of Developer You Want to Hire
After analyzing your business requirements, it will be easier to decide what type of developer you want to hire. You should ask yourself if you want a freelancer, in-house, or remote blockchain developer.
Outsourcing a blockchain developer costs less and does good quality work.
Create An Attractive Job Description
A well-crafted job description can attract the best talent for your project.
Make sure to clearly define your objectives and expectations so that the candidates will know the expected outcome. Always inform them if they’ll be working as a team member or an individual.
Define Your Selection Process
Before starting recruiting, you must define how you’ll select the suitable candidate, what kind of skills and experience you want them to have, and how you’ll incorporate those skills into your project. Also, define what soft skills you’re looking for to ensure that they’ll fit in nicely within the company culture.
Where to Find Blockchain Developers
Blockchain developers are very high compared to its supply, so it is necessary to find the right talent.
Here are some ideas to make a good start.
Many freelancing sites offer top-quality blockchain developers. Websites like Freelancer, Upwork, Twine etc. are some most popular sites to find great talent.
It is an excellent platform for finding blockchain developers. Cryptojobslist is a kind of job board, particularly for blockchain jobs and features a wide range of positions, from junior to senior blockchain developer positions.
The site also has a handy search tool where you can filter jobs by location, experience level, salary, and more. But this job posting isn’t free.
It is a recruitment portal for blockchain aspirants and blockchain employers. It allows connecting blockchain developers to blockchain jobs globally. Here you can find an individual developer or a skilled team of developers to work on your project.
The increasing popularity of blockchain technology helps businesses secure transactions, trace supply chains, protect intellectual property, and much more due to its decentralized nature. Finding the right blockchain developers can be a bit challenging, but many online resources will help you find a suitable candidate.