Why Software Developers in LATAM should Consider Specializing in Blockchain Technology?

Pray Nadal

In recent years, blockchain technology has emerged as one of the most promising fields in software development. As a result, software developers in Latin America (LATAM) should consider specializing in this technology as it offers many advantages and opportunities.

One of the main reasons for this is the high demand for blockchain developers. According to a report by Upwork, a global freelancing platform, blockchain development was the fastest-growing skill in the freelancing market in 2018 and 2019. This trend is expected to continue in the future as more and more industries are exploring the use of blockchain technology in their operations.

Another reason to consider specializing in blockchain technology is the potential for high earning. According to Glassdoor, the average salary for a blockchain developer in the United States is around $130,000 per year. This high earning potential is also present in Latin America, as the demand for blockchain developers is growing in the region.

Additionally, blockchain technology has the potential to bring many benefits to Latin America. For example, blockchain can help to improve financial inclusion, increase transparency and efficiency in government operations, and facilitate cross-border transactions. This can help to boost economic growth and improve the lives of people in the region.

In conclusion, software developers in LATAM should consider specializing in blockchain technology due to the high demand for this skill, the potential for high earning, and the potential for blockchain technology to bring many benefits to the region. Specializing in blockchain technology can open many doors for developers in terms of job opportunities and career growth.

References:

  • Upwork report on the fastest-growing skills in the freelancing market
  • Glassdoor report on the average salary for a blockchain developer