Considering a Career in Crypto? Formal Blockchain Degrees Might Be the Way to Go
If you’re thinking about starting a career in the crypto industry, you might be wondering how to get your foot in the door. In the past, most people found jobs in this industry through informal connections or by demonstrating their skills. However, as the blockchain and cryptocurrency industry continues to grow, universities have stepped up to offer formal blockchain degrees.
These degree programs allow individuals to master the concepts behind blockchain technology while also providing networking opportunities and connections within the industry. With the predicted growth of the blockchain industry and the increasing need for talent, having a formal degree in blockchain could give you an advantage in the job market.
The Value of Formal Blockchain Degrees
According to Roman Beck, head of the European Blockchain Center, formal degrees in blockchain provide legitimacy and increase the visibility of the industry. These degrees allow individuals to position themselves alongside more established degrees and demonstrate their competence in this field.
However, opinions on the value of formal education in the blockchain industry are mixed. While some believe that these degrees are highly valued and necessary for certain roles, others argue that universities have been slow to introduce innovative curricula and attract industry experts as teachers.
Perspectives from Blockchain Educators
Blockchain educators emphasize the importance of developing skills beyond technical knowledge. According to Professor Bill Jones from Carnegie Mellon University, risk assessment and management are crucial skills needed in this industry. Understanding market risk, operational risk, regulatory risk, and other types of risks is essential for successful adoption of blockchain technology.
Program directors from various universities have seen their graduates go on to work at reputable companies within the blockchain industry. However, they acknowledge that while some employers value formal degrees, others prioritize practical skills and experience.
Insights from Blockchain Recruiters
Blockchain recruiters have observed that while formal degrees are not always a requirement for getting hired in the industry, having additional qualifications can give candidates an edge. Ryan Hawley, head of recruiting at Crypto Recruiters, believes that formal blockchain degrees will be universally accepted in the future and lists cryptography, smart contracts, database management, and compliance as sought-after skills.
Connor Holliman of Proof of Talent highlights the scalability that formal blockchain degrees can bring to the industry. As blockchain technology expands, there will be a need for individuals with soft skills like communication and collaboration. Additionally, engineers, cryptographers, and developer relations professionals are currently in high demand.
Hot Take: Formal Blockchain Degrees as Gateways to Web3 Careers
While a formal degree in blockchain may not guarantee a job in the Web3 industry, it can provide valuable networking opportunities and demonstrate a passion for the sector. As the industry continues to mature and expand, having a diverse range of skills and backgrounds will become increasingly important.
Formal education in blockchain can help individuals navigate the complexities of this rapidly evolving field and contribute to its growth. Whether you choose a technical or non-technical path, obtaining a formal degree in blockchain could give you an advantage in securing a career in the crypto industry.
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