What is a Blockchain Developer Salary in India 2021 | Roles & Responsibilities of Blockchain Developers

 Blockchain Developer Salary in India 2021

On an Average, blockchain developer salary in India lies between INR 5,00,000-30,00,000 per annum or 5 lakhs-30 lakhs.

What is Blockchain technology?

Blockchain technology is a technology which has been invented by the person or a group of a person called Satoshi Nakamoto.

We have discussed the technology in the previous blog on our website. Here we will discuss the Blockchain Applications and terms used during the course.

In a nutshell, Blockchain is a technology that allows direct transaction of data and value without having any central authority between users on a public platform where everyone registered user(node) has access to each and every block of transaction. It allows peer to peer transaction in a decentralized, trusted and secure environment.

Blockchain is a technology that permits transactions(it can be a currency, media, doc files, audio files etc) to be gathered into blocks and allows the resulting ledger to be accessed by different servers.

Blocks are the digital containers that contain transactions, smart contracts, addresses and hash of the previous block. These blocks are first verified, validated by the miners, only then added to blockchain for a further successful transaction

Blockchain is a technology that enables peer to peer transaction of data without any central authority which is why blockchain is called a decentralized mode of transaction.

There are  majorly three types of blockchains;

1.Public Blockchain

    Public Blockchain is a blockchain which is available to the public which means it is accessible to each and everyone who is  registered in the blockchain network, the database is stored on the public server which allows users to see the data 

>Ethereum is an example of Public Blockchain

2.Private Blockchain

    Private Blockchain is a blockchain that is built for a private network of users or specific to the organization. It is not accessible to other user but only those who are part of the reorganization and are registered on the blockchain. Although the blockchain is still decentralized sometimes the admin or the owner of the organization can choose to have access control.

 >Hyperledger Fabric is an example of private Blockchain

    

3.Mixed/Hybrid Blockchain

    Mixed/Hybrid Blockchain is a blockchain that is sometimes partially or semi-public which means it can be accessed within the organization and also part of the private blockchain can be accessed publicly.

Who is the Blockchain Developer?

Blockchain developer is someone who is responsible for designing, coding, deploying blockchain applications into the real world. These applications are commonly known as DApps .in other words we can say a person who is responsible for the development of Blockchain applications is known as Blockchain Developer.

An entry-level/Fresher blockchain developer is majorly involved in research, analysis, designing and looking after all the development life cycle

Roles and responsibilities / Job Description of Blockchain developer

Collaborating with managers to determine blockchain technology needs and envisaged functionalities.

• Creating application features and interfaces by using programming languages and writing multithreaded codes.
• Applying the latest cryptology techniques to protect digital transaction data against cyberattacks and information hacks.
• Maintaining client and server-side applications.
• Optimizing and securing blockchain applications by integrating new tools and technologies.
• Educating sales personnel on blockchain features that allow secure digital payments.
• Documenting blockchain development processes and complying with best practices in data protection.
• Keeping up with current blockchain technologies and cryptography methods.

Blockchain Developer Requirements:

• Bachelor's degree in information security, computer science, or related.
• At least two years' experience as a blockchain developer.
• Advanced proficiency in programming languages, such as C++, Java, and Python.
• Extensive experience in back-end development, algorithms, and data structures.
• Knowledge of cryptography and blockchain protocols.
• In-depth knowledge of best practices in blockchain management and data protection.
• Advanced analytical and problem-solving skills.
• Superb organizational skills and keen attention to detail.
• Excellent communication and collaboration abilities.

Technical skills required to become a Blockchain developer

For Ethereum (Public Blockchain)

• Solidity Programming Language for Smart Contracts
• Truffle Suite framework for EVM Ethereum Virtual Machine
• Prior Understanding of Javascript
• C/C++ programming language

For Hyperledger (Private Blockchain)

• Golang
• PHP,Nodejs
• NoSQL

  Average Salary of Blockchain Developer in 2021

The jobs in this domain are increasing at the rate of 2000-6000%. The blockchain developers salary in India is seen to be 50-100% higher than other developer jobs.

On an Average, blockchain developer salary in India lies between INR 5,00,000-30,00,000 per annum or 5 lakhs-30 lakhs.