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Blockchain

blockchain
Study Blockchain

Blockchain

A blockchain is a digital ledger of exchanges recreated and distributed across the blockchain's entire computer network systems. Each block in the chain includes a lot of businesses, and each time a new transaction takes place on the blockchain, a record of that payment is added to the ledger of each participant. Distributed Ledger Technology is a decentralised database managed by multiple participants (DLT).
Blockchain is a distributed ledger technology in which transactions are recorded using a hash, an immutable cryptographic signature.
Blockchains are known best for their critical role in maintaining a secure and decentralised record of transactions in cryptocurrency systems like Bitcoin. The blockchain's innovation ensures the fidelity and security of a data record while also generating trust with no need for a trusted third party.
The data structure in a blockchain differs from that of a traditional database. A blockchain organises data into blocks, each containing a set of data.

Read further to know what important content will be covered under this topic?

  • History of Blockchain & its current relevance
  • Top Universities in Europe offering the Blockchain relevant program at Bachelors & Masters level
  • What are the eligibility criteria for getting admitted into such a program/stream at the bachelor’s & master’s level?
  • Scope of the Blockchain concerning career demand
  • What are the career roles one can expect after studying this field?
  • Salaries Graduates can expect after finishing the studies
  • Top companies employing these graduates in Europe
  • Conclusion
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History of Blockchain

From 1991 to 2008 and until 2019, blockchain technology was infancy. Stuart Haber and W. Scott Stornetta conceptualised the blockchain in 1991. Their first project was to create a cryptographically secure chain of blocks that would prevent anyone from tampering with document timestamps.
They upgraded their system in 1992 to include Merkle trees, which increased efficiency and allowed them to collect more documents on a single block. However, thanks to the work of one person or group known as Satoshi Nakamoto, Blockchain History began to gain relevance in 2008.
Blockchain technology is credited to Satoshi Nakamoto as the human brain behind it. People believe Nakamoto could be a person or a group, so very little is known about him.
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Structure of the Blockchain

Simply put, Blockchain is a secure peer-to-peer blockchain platform that is used to record transactions across a large number of computers. Adding another block connected to the preceding block can update the ledger’s contents. It's also possible to think of it as a peer-to-peer system that runs on top of the internet.
In layman's or business terms, Blockchain is a platform that allows people to conduct transactions of any kind without the need for a central or trusted arbitrator.
The created database is transparently shared among network participants, allowing anyone to access its contents. Peer-to-peer networks and a duration stamping server are used to manage the database autonomously.

Top Universities in Europe offering the Blockchain relevant program at Bachelors & Masters level

Bachelors Level Universities

  • ETH Zurich situated in Zürich, Switzerland.
  • IEBS Business School is situated in Madrid, Europe.

Master Level Universities

  • Specialized MSc in Innovative Finance at Montpellier Business School, situated in Montpellier, France
  • Masters in Blockchain and Fintech (in Spanish) at IEBS Business School, situated in Madrid, Europe.
  • Masters in Blockchain and DLTs at the University of Malta, situated in Malta, Europe.
  • MBA in Blockchain Management at EU Business School, situated in Germany Europe.

What are the eligibility criteria for getting admitted into such a program/stream at the bachelor’s & master’s level?

Eligibility for Bachelors Level

  • In the 10+2 exam, you must score 50%.
  • (TOEFL — 90 iBT/IELTS 7.0 or equivalent) English language skills**
  • Participation in our admissions interview with flying colours
  • Basic coding/programming knowledge is advantageous.

Eligibility for Master Level

  • A first-year university degree* (Bachelor, Diploma or equivalent)
  • A year of relevant work experience is required.
  • (TOEFL — 90 iBT/IELTS 7.0 or equivalent) English language skills**
  • Participation in our admissions interview with flying colours
  • Basic coding/programming knowledge is advantageous.
blockchain

What are the career roles one can expect after studying this field?

You're probably wondering what these career paths are and whether or not they're available; let me explain as we walk together. Here are a few examples of these positions:
blockchain

Blockchain Programmer

Blockchain developers who can assist businesses in evaluating Blockchain systems are in high demand. Before becoming Blockchain developers, they usually have a lot of experience with C++, Python, and Javascript. People are eager to realise all of the benefits of Blockchain so that blockchain development may be the most marketable career path today.

Architect for Blockchain Solutions

The Blockchain Software Architect is responsible for designing, allocating, and connecting Bitcoin remedy elements with team members, including developers, network executives, UX designers, and IT Processes.

Project Manager for Blockchain

This person is in charge of connecting Blockchain projects with experts responsible for developing Blockchain solutions. The skills of a conventional (cloud) project manager are required of blockchain project managers.

UX Designer for Blockchain

With Blockchain being used in many industries, its design and user interface are becoming increasingly important. The job of a Blockchain designer is to create an application that inspires confidence and tries to appeal to the ordinary individual.

Engineer for Blockchain Quality Assurance

We have a quality assurance engineer in every development environment who tests and ensures that all aspects of the project are required. A Blockchain engineer performs a similar function in the Blockchain world by providing that the network is secure.

Blockchain Legal Adviser

Of course, as businesses try to figure out how to integrate Blockchain into their systems, legal issues arise. As companies roll out this new technology, they're looking for legal advice on what to think about when investing.

Salaries Graduates can expect after finishing their studies.

In Germany, blockchain developers earn between 26 and 111 thousand euros per year on average.
  • Java developers (63 thousand euros),
  • just developers (61 thousand euros), and
  • software developers account for the majority of the openings (59 thousand euros).

Top 5 companies Employing Blockchain graduates in Europe

  • Celsius Network, Europe.
  • Nexo, Europe.
  • Aave, Europe.
  • Ledger, Europe.
  • Eligma, Europe.
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Conclusion

Blockchain technology will continue to be in high demand for many years to come. Whether you are a techie, a career in Blockchain is new and fantastic. Before becoming Blockchain developers, they usually have a lot of experience with C++, Python, and Javascript.
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