Aspiring to become a blockchain consultant? Check out this guide where we analyze the opportunities for blockchain consultant jobs and learn how to become one.
Blockchain is rapidly changing how our world works and lives – it’s becoming a solution to end all business models‘ discrepancies. As many companies are trying to reach a blockchain transformation, they need blockchain consultants. That’s why the demand for blockchain consultant jobs is also on the rise.
For blockchain consultant jobs, you would need to have a higher understanding of aspirations and a practical sense of blockchain innovation. In reality, blockchain consultant jobs have a lot of opportunities for you.
Many companies already offer blockchain consulting services, and if you can work right, you can also be a part of those companies.
To help you with this matter today, I’ll be telling you all about blockchain consultant jobs and why you should go for it.
So, let’s start!
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Blockchain Consultant Jobs: What Are the Benefits?
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First of all, let’s start with why you should go for blockchain consultant jobs in the first place. So, check out the benefits from below –
High Paying Salary
The best part about blockchain consultant jobs is that it come with a high-paying salary. Not to mention the advantages of working with high-end clients in the industry. However, the salary range can vary based on what kind of blockchain consulting services you are offering.
Basically, it can range from $69-179k! That’s a considerable amount of money, to begin with. However, for a higher-end salary, you’ll have to be experienced in the field. So, newbies would most probably start with less-paying blockchain consultant jobs. In reality, you’ll see a lot of high paying blockchain jobs in the market.
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Increasing Demand
The demand for blockchain consultant jobs is exceptionally high. But why is that? As technology is relatively new, most enterprises don’t have workforces that can fully grasp the concept behind it. As a result, they want to learn about it from the best of the best blockchain technology consultants out there. In reality, the demand for blockchain skills is on the rise.
In reality, this is the major cause of the rising status of blockchain consultant jobs. Well, you’ll be teaching professionals in the market’s CEOs, and COOs will learn about the technology from you. And that’s why you can quickly get a green signal from blockchain consultant jobs.
Exclusive Opportunities
The opportunities in blockchain development consulting are vast. Every single position in this field will come with all the extra benefits, such as vacation days, premium team members, bonuses, etc. So, you won’t only be getting a handsome salary but also other features as well. A career in blockchain can really open up a lot of scoops for you.
Another great part about blockchain consultant jobs is that there aren’t many blockchain consulting services that can genuinely offer a good output. Yes, there are too many advisors in the market, but a majority portion doesn’t have any market-level background. As a result, with a bit of hard work, you can easily rise to the top.
Lucrative Positions
One of the last benefits of the blockchain consultant jobs is that it comes with a very lucrative position in an enterprise. Even though if you are just a starter, you can start with a very top position in your company. Compared to other career choices, it might take several years to reach that position.
But in blockchain consultant jobs, it may take no time or very little time. And obviously, the more lucrative the position you have in your company, the more your social status will rise.
Blockchain Development Consulting: Typical Phases That You Might Have in Your Project
This section is mainly for those who don’t know what the blockchain development consulting phases are. Basically, if you are a newbie, then read the next section carefully to fully grasp the concept.
Anyhow, there are practically three basic phases in almost every single blockchain consulting projects. These are mainly –
Extension –
The first stage is the extension phase. Here, many companies have only recently heard about blockchain technology and still looking for strategic advice on whether it’s a good option or not. In this one, many large consulting firms are dominating the marketplace.
The demand for blockchain consulting services in this phase is huge. In reality, it’s because they don’t need additional support but strategy advice from skilled personnel. If you are a blockchain developer or business advisor with a bit of extra knowledge of the blockchain, you can dominate the industry as well.
It seems that the demand for this kind of surface-level blockchain consulting services will keep rising till 2021. However, I have to warn you, the need for this kind of position won’t last very long unless you can prove yourself to be knowledgeable for the next stage of transformation.
So, you can opt for freelance blockchain consulting services for a short time without wasting your time going after a high-end company.
Validation –
The next phase you’ll likely encounter is the validation phase. As technology is maturing day by day, it’s evident that companies will move forward to the second phase soon. In reality, some companies have already moved on to the second phase.
In this one, you’ll need to have the technological knowledge to handle multiple blockchain initiatives. Basically, blockchain consultant jobs would require you to handle process changes, security, privacy, compliance issues, integrations, and many more.
Also, here, only major consulting firms with a strong stand in the marketplaces will rule the business. So, your strategy should be to focus on this stage mainly as your company will stay in the game when others fall out.
You can expect these companies to stay in the game for at least 2026, given the circumstances. And if you can show potential, you can offer blockchain consulting services for a very long amount of time.
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Progression –
This is based on a Granter report I read. According to them, the market value of blockchain will shift drastically from the start of 2025. So, this is where the demand for blockchain consultant jobs will rise to the top.
And because now major leagues will come to join the game, small-scale companies won’t be able to compete with that. Thus, you should definitely opt for a good blockchain consultant salary in an enterprise-grade consultancy firm.
That way, you will stay relevant even though other blockchain consulting services would wither away. More so, you will likely experience massive growth, and your expectations for blockchain consultant salary would increase.
However, it’s just a speculation, but other business spectrums might occur as well. In a competitive world, there’s no option but to take risks. And for blockchain, you have to be willing to take the risk.
Different Types of Blockchain Consultant Jobs on the Market
At present, the marketplace for this type of job is still evolving. But I have to say, they are developing quite fast, and there are already some different categories in blockchain consultant jobs.
More so, you’ll also see a change of blockchain consultant salary in these various jobs in the market. So, to get a better idea, let’s see what you should hope for.
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Blockchain Specialist Jobs
Because of the high demands, the importance of technical knowledge about blockchain is rising. As a result, many blockchain consulting jobs require prior experience in this niche to get a consulting company position.
You could also expect these to be in a recently founded company by other professionals in the race for a long time. However, with mediocre level skills, it’s quite impossible to land a job as a blockchain technology consultant.
More so, you have to have excellent experience and insightfulness to get a job here.
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Business Blockchain Consulting Jobs
Basically, these jobs in business consulting enterprises saw an opportunity in the blockchain sector. More so, these companies already have established their ground in the marketplace as consultant companies. So, when a new technology is on the market, they’ll only be adding a special department to handle that niche.
But the thing is, these companies or jobs basically focus on strategic advice and don’t cover technical aspects. So, you will also have to focus on blockchain business strategies.
However, in the future, they may extend it to technical advice as well. So, it’s best to have the technical knowledge to be fully secured in your position. Anyhow, don’t forget that you also need to have a business-focused knowledge base to land blockchain consulting jobs.
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TSPs or Technology Service Provider Jobs
Technology services provider companies have also claimed a spot in the game. Sawing an opportunity for more revenue, they took matters into their own hands. If you want to get blockchain consulting jobs in this type of company, then you need to be extremely technical. Not just theoretical, but you also should have the ability to pull off a solution in practice.
As a result, your job will require you to develop POCs and offer a workable version for your clients as well. More so, the blockchain consultant salary range, in this case, is quite high.
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Jobs in Blockchain Consulting Platforms
These are basically platforms that can open up different business opportunities for many companies. In reality, you will find many platforms online sharing blockchain technology consultant information.
But not every single platform can offer the same quality. In any case, these are backed up by tech professionals, and they are looking for people to hire to help enterprises more efficiently.
Anyhow, the pay range for this kind of platform is at the lower end, but it can still be a good opportunity for you to shine. The best part about this is that you won’t need to have prior experience or be able to develop POCs in these kinds of blockchain consulting jobs.
So, it’s the easiest solution as a career right now.
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What Would Be Your Job Responsibilities?
Basically, the responsibilities vary from the company’s demand to what kind of consultancy services you are offering. However, I would add that you aren’t required to follow all of the responsibilities below.
Typically, there are five different classes in the blockchain consultant jobs sector. Each class offers a different kind of solution to their clients, so the responsibilities will change.
So, let’s check them out.
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Curating Strategies
Basically, in this phase, you’ll be clients that just started their blockchain exploration and wants to know whether blockchain will disrupt their company or not. More so, they’ll want to know how they can prevent any disruptions and how they can come up with a possible tactical solution.
So, your responsibilities will mainly include – analyzing the impact, come up with business tactics, develop the future roadmap, give lectures in workshops, etc. You will also have to outline do they really need blockchain or not.
Analyzing the Impact
First of all, you’ll need to analyze your client’s company and then see what possible way blockchain technology can disrupt their organization.
Come Up with Business Tactics
Next, as a blockchain technology consultant, you’ll curate a strategy that can counter that disruption using blockchain business models. More so, you’ll have to give them a solid idea of whether they can deal with the situation or not.
Develop Future Roadmaps
Next, as your blockchain technology consultant duty, you’ll outline a feasible roadmap for the company to follow.
Host Workshops
The best part about this stage is that you’ll become a lecturer and may require you to offer consulting lectures to high-end professionals of an enterprise.
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Develop Business Solutions
In many cases, the companies themselves come up with a possible roadmap. But for the execution part, they seek help from blockchain development consulting agencies. In this part of the blockchain consultant jobs, you’ll have to specifically outline the use cases for that specific enterprise blockchain.
Furthermore, you would also have to outline just how much cost it would take. More so, in blockchain consulting jobs, you’ll also have to make sure the enterprise knows which solution is best suited for them.
You can expect high blockchain consultant salary ranges in TSPs or business consulting jobs.
Aligning the Stakeholders
In reality, aligning the stakeholders may be a tough task for you. Stakeholders are always skeptical, and they may not be open to your suggestions as a consultant either. So, make sure you know how to talk to them in their language.
Designing the Processes
After aligning the stakeholders, you need to pitch your technical viewpoint on the solution. Thus, pointing out what technology fits and what doesn’t is the primary aim.
Analyzing Requirements
It’s a major issue for your clients. So, in the case of blockchain consulting jobs, you would need to cut their costs as well.
Identifying Use Cases
Well, blockchain offers a vast amount of use cases, and not every use case would be suited for all enterprises. That’s why it will be your duty to analyze your clients’ needs and offer the best enterprise blockchain use cases they can leverage.
Developing Business Cases
Lastly, you’ll need to develop business cases in order to give your clients a full model that can bring them more revenue in the long run.
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Provide Technical Backup
Basically, in this type of blockchain consultant jobs, you would have to deliver APIs, frameworks, architectures, or any kind of technical backup. In reality, these responsibilities are of the next level, and only the best consultants can take it to the POC level.
If you have recently joined a blockchain consulting firm, then try to try their previous client’s history. It’s actually the best way to learn about how pro consultant’s work.
Technological Strategy
Anyhow, you’ll have to come up with a solid technological strategy that would work best for the enterprises.
Implementing Frameworks
Next, you may have to implement blockchain frameworks for your clients. You can also use enterprise frameworks such as Ethereum, Hyperledger, Corda, Quorum, Ripple, etc.
Recommending Prebuilt Solutions
Your company may have already designed similar solutions before. You can use that if you think it’s best suited for your client.
Offering Reference Architecture
Anyhow, you may have to follow your client’s reference architecture and make some changes to it to make it a solution.
Developing POC
In reality, you might have to develop a blockchain Proof of Concept for your clients. To learn what the blockchain can truly bring them, you need to have a functional POC.
Offering APIs
To make the business case a huge success, you may need to offer API support. So, for that, you’ll need a coding background.
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Managing Risk Factors
This kind of responsibility in blockchain consultant jobs are fairly new. In most cases, you might not have to perform any of the below. But it’s best to know to have knowledge about it. In reality, the technology is unique and may come with many risk factors. Therefore, it’s important to prepare for blockchain risks beforehand.
If you can explore them and come up with better ideation, then you’ll surely shine in your blockchain consultant jobs. Other offerings such as tax analysis, risk of ICOs, and auditing services also fall under this category.
Analyzing Risks
Before you begin your solution, you need to analyze the risk factors you might be dealing with. After all, the success rate of the project depends mostly on your advice.
Explore Legal Terms
Before you give advice on any kind of blockchain solution, you have to explore the regulatory conditions of a country. In reality, you definitely don’t want to give advice about something illegal.
Governance Structure
You may have to introduce a form of governing structure for the solution you are working on.
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Data Privacy
It doesn’t come with all kinds of blockchain consulting jobs; rather, only a handful of companies mention this.
Offering Risk Management
Your clients may want you to manage their risk factors as well. In any case, if your company doesn’t offer them, then make sure to use reliable third-party resources for that.
Providing Regulatory Compliance
Try to offer regulatory compliance as these are most needed in an enterprise-grade blockchain solution.
Cultivating Digital Trust
In reality, you may have to be skilled in predicting what the consumers would feel about a change. More so, you need to make sure that you can gain digital trust from the consumers as well.
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Integrating Processes
The integration process comes with its fair share of difficult responsibilities. These are mainly suited for blockchain consultants who have prior experiences in the field. As they’re in the more advanced category, you’ll probably be in a top position with a high-end salary.
Also, you need to know that these responsibilities have lots of hurdles that you can only deal with if you have problem-solving skills.
Recovering from Disaster
You have to be prepared to deal with any kind of disastrous situation as there is no certainty what might happen. More so, you need to have problem-solving skills to recover from a disaster quickly.
Continuing Business
As time goes by, you have to come up with a changing business perspective in order to keep your client’s business continuous. Without proper changes in time, it may become obsolete.
Securing Data
If you have a developer background, you will have to add a security layer to the solution.
Integrating Blockchain with Legacy Systems
If you have a technical background, you might get blockchain consultant jobs that require you to integrate the solution to legacy networks. It’s an extremely crucial task, and you need to be extra careful.
Modifying of Business Processes
Typical business processes won’t go with blockchain. And so, you need to come up with a modified version of their business processes.
Managing Cloud Interfaces
Cloud interfaces have weak security, and that’s why you might be in a position where you are managing all the cloud interfaces of your blockchain client.
Using Data Standards
Lastly, you may have to use common data standards to align with other blockchain networks. So, you to be skilled in understating how they work.
Where to Start: Enterprise Blockchain Certification Course
Many of you must be wondering now that you know about the job responsibilities and the benefits, but how and from where do you start. Well, the best option at present would be to get a certification or complete a course. Why?
Well, basically, these courses offer the best analysis of how the blockchain industry works and offer value that you can learn from. Maybe you are a blockchain developer, but you have no idea how the blockchain affects enterprise businesses.
So, the course can definitely help you learn more about it. On the other hand, you could be a business advisor, but the blockchain is a foreign technology for you. So, you can also enroll in this course to learn about the core technology itself.
I would highly recommend you to check out our collection of blockchain courses as it offers all the essential information you need to learn more about blockchain and businesses. It’s the perfect combo!
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Concluding Thoughts
Well, blockchain consultant jobs may seem an easy task for some of you at first. But it’s an as important and difficult job similar to any blockchain development. The worst part is that you may find many blockchain consultants online claiming they are the best and be discouraged that there is too much competition. However, in reality, that’s not the case at all.
We recommend starting with our how to build your career in enterprise blockchains course that will help you understand what kind of skills you need.
Actually, very few people are skilled to be called a proper blockchain consultant, while others just claim to be advisors without any prior knowledge of anything. So, don’t lose hope! It’s an extremely good career choice, and with the proper skills, you can become a blockchain consultant.
*Disclaimer: The article should not be taken as, and is not intended to provide any investment advice. Claims made in this article do not constitute investment advice and should not be taken as such. 101 Blockchains shall not be responsible for any loss sustained by any person who relies on this article. Do your own research!
