Blockchain 101
How to Be A Blockchain Manager
In recent years, more companies have begun to adopt blockchain technology-based project
management. The blockchain industry has been recognised by the World Economic Forum
as an emerging industry hence the hype and demand for blockchain related roles.The
blockchain system has a lot of advantages as it is not only cost-effective but it also develops
a much stronger network of trust and is a far more viable option for project management
which is good news for a lot of businesses that wish to branch out into that area.
This article shall break down the duties of a blockchain project manager, salary breakdown,
skill requirements and other valuable information.
Who is a Blockchain Project Manager?
A blockchain manager is like a normal project manager but what separates both is that a
blockchain manager’s job is mostly limited to blockchain-related activities. Their job entails
overseeing the activities of the blockchain project team.
What is the Average Salary of a Blockchain Project
Manager?
There is a high demand for blockchain jobs as of recent. According to the Bureau of Labour
Statistics, blockchain developers, which are often placed in the same category as software
developers, earn around $103,620.
Duties of a Blockchain Project Manager
A blockchain manager is expected to perform the following tasks:
Must participate in the research, design, development, and testing of blockchain
technologies
As the industry evolves, it is essential that the blockchain project manager must be involved in every
single aspect of the team’s operations and provide necessary assistance when needed.
Must monitor the entire blockchain team’s activities:
This is the most important aspect of a project manager’s job. How the manager handles the team
make or breaks the entire project. It is important to have good leadership and time and financial
management skills to make things run smoothly.
Must create smart contracts:
This is an important aspect of blockchains. A smart contract is a special computer
programme that serves as self-executing contract with the terms of the agreement between
buyer and seller. To be a successful blockchain manager, you must fully understand how
this works and must be able to fix any problems that pop up which is why coding skills are
also important.
Brainstorm and evaluate applications for new tools and technologies:
Different operations would require various tools so it is up to the project manager to determine
which works best in different situations.
Document day to day activities and other essential information:
The project manager must always account for every aspect of operations in order to
Maintain and extend client-side and server-side applications that are responsible for business
logic and integration.
Requirements for Blockchain Project Manager?
If you are interested in becoming a blockchain project manager, you must consider the
following:
1 Research how blockchain works:
First things first, if you intend to join any industry you have to know how it works and not just
that, you must also show a lot of interest and passion for the job as well.There are a lot of
books about how blockchain works as well as online courses and various professional
resources out there that can educate you on the ways of blockchain.
2 Have a Coding Background:
Coding is an absolute must to understand and work out the various algorithms that are
required for blockchains. To be considered for a blockchain management role, you have to
learn various programming languages like C#, Java etc.
3 Get a blockchain certification.
Besides getting yourself educated, it is necessary to get a blockchain certification as that
would give you an edge in the job market and land you a job easily.
4 Understand smart contracts:
5 Keep up with the latest blockchain trends:
The world keeps evolving every day. The same can be said about the blockchain industry. It
is therefore important to keep up with the latest trends by reading up news about the industry
and constantly evolving one’s skills according to the trends of the time.
6 Develop Good Research Skills:
This is tied in with smart contracts as you will need to do some research into customers and
various blockchain techniques whilst on the job.
7 Polish your Leadership Skills
As a blockchain manager, you oversee the entire blockchain operation. Part of that involves
monitoring the rest of the team and holding both them and you accountable for any error on
the job.
You must be a team player and ensure there is effective communication so that operations
run smoothly.
Conclusion
Although the blockchain industry is still new, it has a lot of endless opportunities and the high
demand for blockchain jobs proves just that. There are not that many professionals in the blockchain
industry so that is a big advantage.