With blockchain giving way to a growing list of secure digital currencies and databases, the technology is quickly growing in popularity as awareness of its effectiveness continues to spread. Being that all business models are rooted in finance and data, this disruptive new tech has considerable implications for companies in every industry. Of course, the next generation of software developers will need the appropriate training to understand how to implement blockchain in their own proprietary solutions. With Bitcoin becoming more widely accepted and possibly even being regulated by Generally Accepted Accounting Principles (GAAP) in the near future, block-chain is a topic that all studying software developers and engineers should become familiar with. Having said that, here are a few ways blockchain will directly affect software development in the near future:
Additional Teaching Curriculum
Considering the profound effect blockchain is having on security, privacy, anonymity, data protection, and other important aspects of financial computing, it will inevitably be included as a topic within online MSSD degree programs. Students earning an online masters in software development during the next few years should expect to encounter newly introduced curriculum related to the subject. There will probably even be entire courses covering the study of blockchain and its implementation in various software environments. In fact, some of the leading online degree programs are already starting to include new learning materials related to blockchain.
Profitable New Niche to Explore
Alongside the advent of a new security technology comes the opportunity to specialize in this profitable and fast-growing field. Although there is still some controversy surrounding blockchain, it’s efficacy and growth cannot be ignored. Software developers who specialize in blockchain security will be able to charge a pretty premium for their services and will be valued professionals in the corporate space. Developers with blockchain expertise will find it easier to land projects, solicit new clients, and get hired for in-house positions with large companies that pay hefty salaries. As usual, professionals who establish themselves in the market early on will be in the best position to excel ahead of the secondary swarm in the competition.
Integrating Blockchain-based Payment and File Transfer Methods
Most apps are monetized in one way or another, so payment interfaces are extremely common challenges for software developers. Of course, with blockchain being related to digital currencies and secure financial transactions, upcoming developers will need to learn how to incorporate this technology within their own creations. Likewise, developers will be using blockchain to secure critical file transfers, replacing previously used, less effective forms of encryption.
It Shouldn’t Be That Difficult
Luckily, if all of this sounds foreign to you, fret not because blockchain integration is most likely going to become a very streamlined and simple process in the very near future. As developers begin to release APIs and other shortcuts for dealing with and implementing blockchain, it’ll probably become something that can be added to an app with a few easy steps. In the meantime, current developers are faced with the challenge of continuing the technology’s early advancement.
