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Blockchain-Job-Market

Blockchain Job Market 2020

If you’ve read our previous blogs you’ve surely noticed that the blockchain market has been booming in the recent year more than ever before. So it’s no surprise that the most in-demand hard skill of 2020 in the US, the UK, France, Germany, and Australia was blockchain. Many factors increased the interest in the blockchain itself, hence, the demand for blockchain professionals. You can check our previous blogpost for more information about the most exciting moments of crypto in 2020.

Now let’s take a look at one of the fastest-growing job markets in the world. So if you’ve ever considered whether a job in the blockchain industry is for you, this article is for you. You will find information about the existing positions, salaries, hiring companies and, finally, how you can gain the necessary skills. 

Blockchain Is Not Only About Crypto

Blockchain was once considered as a technology used only in cryptocurrency. But this time has long been gone and blockchain has emerged into a reliable solution for many business cases. Various prestigious companies worldwide already turn to blockchain to run their processes more efficiently and securely. It is being used in a variety of industries such as healthcare, logistics, aviation, fashion, farming, entertainment and gaming, and everybody needs specialists to realize their projects. The demand for blockchain-related roles in IBM, EY, and Oracle are good evidence of this. 

Hiring Companies

Firstly, let’s understand where you can find a blockchain job. Actually, the hiring scene is changing very fast. Even such legacy players as banks, law and accounting firms that haven’t reacted before are already changing their attitude towards blockchain. Blockchain is developing and expanding, and if they don’t figure out how to use it, they will be out of business in several years. 

Next place to look for a blockchain position is the evergreen scene of  startups that have been there since the very invention of Bitcoin. Bold ideas need smart heads to realize them, so maybe this is your right place.. 

Another option could be Tech firms that also try to keep up with the blockchain trends. The thing is that the secret of their overwhelming success has always been based on centralized services. But as decentralized platforms keep growing, users are getting used to them as they are cheaper and provide more benefits. Tech firms have no choice but to adapt in order not to lose customers. 

And finally, the potential of the blockchain is so huge that many governments have hired blockchain experts to advise them. For example, in Estonia, blockchain is used to make government agencies fairer and more efficient. The bottomline is that all the organizations mentioned above are creating blockchain jobs every day. 

But What Blockchain Positions Do Exist in the Market? 

There are various positions like blockchain developer, blockchain solution architect, blockchain project manager, blockchain UX designer, blockchain quality engineer, blockchain legal consultant, and many more. However, as in previous years, engineering roles continue to dominate the blockchain space. Below you can see the distribution of blockchain jobs across roles:

(source: Cryptocurrency Jobs; graph: Nooor Blockchain Armenia)

Why Join the Blockchain Industry?

Many reasons can motivate you, first and foremost the sphere is exceedingly popular nowadays and there’s a high demand for professionals. Another factor that may encourage you to become a part of the blockchain space is that it is one of the most intellectually stimulating fields that combines areas such as cryptography, economics, philosophy, finance, software development, etc.

The next thing that deserves your attention is that the blockchain industry shows a strong preference for remote work compared to traditional spheres. That’s why you can come across many blockchain companies that offer remote work from all over the world. It is shown in the following study by AngelList:

                 Percent of Remote Friendly Jobs (source: AngelList Data; graph: Nooor Blockchain Armenia)

You should also pay attention to the fact that blockchain is an emerging technology as companies that use blockchain are still relatively few. So  the industry is still developing. There’s a lack of experts, meaning a higher demand and lower competition for you. If this doesn’t excite you, I don’t know what else can do. 

Last but not least, Blockchain job salaries are much higher than salaries in other industries. According to AngelList, salaries for both technical and non-technical jobs in the blockchain industry exceed the equivalent roles in non-blockchain companies, highlighting the high demand for blockchain knowledge.

Salaries at Blockchain and Non-Blockchain  Companies, USD  (source: AngelList Data;
graph: Nooor Blockchain Armenia)

For example, according to jobs site Hired, the average blockchain developer salary is around $150,000 to $175,000 per year. While the average software engineer’s salary is around $137,000 per year. The difference in salaries shows that blockchain skills are highly desirable and demanded in the job market.  

Techies and Non-techies in Blockchain

If you’re still not sure whether you can join the blockchain industry or not let me tell you something.  All kinds of specialists with blockchain knowledge are needed here. The jobs are usually separated as techies and non-techies in the market. So, if you’re a software developer or an engineer, you need to get acquainted with new coding languages like Ethereum’s Solidity. Then you can already start the next chapter of your working career. But if you’re more of a non-tech type and you’re enthusiastic about blockchain, no worries. There’s also a need for  non-technical employees in blockchain. Non-technical roles occupy about 38% of jobs in the blockchain industry. So specialists coming from other spheres such as marketing, law, accounting, public relations are always welcomed. You can see the most popular non-tech roles in blockchain below.

(source: upGrad blog)

You may be worried about the job duties, but there’s no need. Usually, job responsibilities in the blockchain are similar to traditional ones. You just need to level-up your skills and grasp an understanding of blockchain and crypto.

Where to Start?

Short and sweet, if you’re really interested in this exciting technology and you think this can be your future, just give it a try! Starting your career in the right direction is crucial. So the easiest way to start is to enroll in one of our courses mentioned below.

  • If you’re new to blockchain and don’t know what’s that all about – “The Blockchain Challenger” course is for you. You’ll learn everything about blockchain technology and what possibilities it has.
  • If you’re already a software developer and want to switch to coding on blockchain – “The Ethereum and Solidity Development” course will be a great fit for you.

After you finish the course, you’ll get certified by Nooor Blockchain Armenia, introduced to the community,  and dramatically increase your chances for landing a new job.

Conclusion

Blockchain is a fast-growing sector that creates exceptional opportunities for both tech and non-tech innovative professionals. The amount of industries applying blockchain is increasing day by day. And it’s not a secret anymore that many professions will be out of the job market in 10-15 years. But blockchain  is here to stay and ensures success tomorrow. That’s why the blockchain job market is exceedingly successful, and specialists having blockchain skills are much in demand nowadays. 

Start your blockchain journey right now and lay the foundation of your bright future.

software engineers in blockchain

Software Developer Role in the Blockchain Industry

A number of new opportunities are arising for software developers as the blockchain technology and its numerous applications are getting more and more popular. One of the leading job positions in the industry is the blockchain developer. Yet due to being such a unique profession, the position is not as defined as other tech positions that have been in the market for many years. That is because any software engineer that is capable of working with blockchain technologies can be considered as a blockchain developer.

In recent years, blockchain has become a very desirable skill. Moreover, it is the most in-demand hard skill in 2020 according to LinkedIn. This is owing to its main features: transparency, decentralization, and immutability. Blockchain has developed a lot since the Bitcoin boom, and currently, cryptocurrency is one of its least significant uses.

As a result, there are so few professionals in the space that four out of five positions are left unfilled regardless of the highest salaries in the tech industry. An average salary for a blockchain developer is $70K for entry-level to $175K for more experienced professionals. Thus, if you are curious about entering the sphere of blockchain development, this is the perfect time for you.

Moreover, if you are a software engineer or developer based in Armenia, Nooor can guide you through your journey of becoming a blockchain developer. Learn more about the opportunity here.

Career Paths

Any software engineer can turn into a blockchain professional. In fact, the majority of blockchain professionals worked at first as programmers or software developers. Therefore, you can get the typical software engineer education and cover several specialized courses on blockchain technologies afterwards. Alternatively, if you don’t have any tech skills, you can learn programming languages that you will use for blockchain development later. These languages include JavaScript, Python, C++, and SQL. Now let’s look at the leading positions in the blockchain industry.

Back-end or core blockchain developer

In software development, some developers create actual programs and tools, while others make applications and websites. The same is in the blockchain: some developers create the core structures of blockchain technologies like cryptocurrencies or the Ethereum platform.

Back-end or core blockchain developers create and manage blockchain systems and protocols for other developers to use later. They have a deeper understanding of the technology and build the foundations where the blockchain applications will lay. Decentralized app developers and smart contract engineers depend on the technologies that core blockchain developers design.

Smart contract engineer

Smart contracts are agreements in the form of computer codes. They fulfill themselves when the terms they were programmed with are met. This has a huge potential to transform the way we make transactions. Generally, if two parties want to make a deal, an authorized third party takes part in making sure everything is transparent and fair.

A third party will not be necessary with smart contracts since they only work if the pre-agreed conditions are met. Furthermore, they are available to the participating parties to access and to the network to store. This is due to the fact that they are programmed on blockchain technology. To illustrate, they are contracts with iron-clad security.

Smart contracts are becoming more popular because they have plenty of applications, specifically in the fintech industry. Some banks and companies in real estate are already using them for crucial transactions. You can learn how to create Smart contracts during the 1st Ethereum and Solidity development course.

Decentralized app developer

We all use centralized apps on our devices. That means they are in a server and if it crashes, the app will crash too. Decentralized apps (Dapp), on the other hand, work on blockchain. In other words, they don’t have only one source but are stored in different nodes of the network.

Decentralization makes apps very immutable and transparent. The whole system will know if someone changes a variable.

Dapp developers should publish the source code so other people in the blockchain can verify it. Moreover, dapps can’t have one administrator, the community should administer them. Golem is an example of a Dapp. It is a supercomputer powered by many computers in the world based on Ethereum.

Qualifications

According to Glassdoor’s most recent open positions for blockchain developers, these are the main common qualifications:

  • Proficiency in C++, Java, JavaScript, and Python
  • 3+ years of experience in software development
  • Experience in Blockchain platforms like Ethereum
  • Degree in Computer Science
  • Experience in developing smart contracts
  • Experience with cryptocurrencies

In Conclusion

Software developers have passed half of the path for becoming blockchain professionals. Now they only need to transform their mindset to learn programming for decentralized systems and master a couple of skills. They also have leading roles in developing blockchain technologies, which will give them a lot of opportunities. Taking into consideration the shortage of blockchain developers, this is the perfect time to enter the industry.

Contributor: Artur Meyster

Artur Meyster is the Founder and the Chief Technology Officer (CTO) of Career Karma. It is an online marketplace that helps people eager to become software engineers by matching them with the right coding bootcamp and supporting them throughout their careers. Get in contact with Artur via LinkedIn.

Celebrities in crypto: Singers

Top 5 Celebrities in Crypto: Singers

The number of cryptocurrency users is growing as fast as greased lightning, and celebrities occupy a prominent place among them. More and more stars are shifting to the decentralized world which surely deserves praise. Today we have prepared this blog post for you about 5 celebrities you won’t believe are into crypto. So let’s not wait any more, and jump into the most interesting part!

1. Mel B

Do you know who is one of the first artists to accept Bitcoin as payment for their songs and performances? The original Scary Spice from the pop band Spice Girls, aka Melanie Brown, aka Mel B!

She sold her 2013-2014 Christmas single “For Once In My Life” directly from her website in exchange for Bitcoin through a partnership with CloudHashing. Cloudhashing is one of the biggest companies in the industry which offers bitcoin-mining contracts. 

“I love how the new technologies make our lives easier, and to me that’s exciting,” said the artist. She also added that Bitcoin unites her fans all over the world with just one currency.

2. Akon

Earlier this year the 47-year-old artist Akon shared a tweet telling about the finalization of the agreement for AKON CITY. Akon initially announced plans for the futuristic “Crypto city” in 2018 to be built on a 2,000-acre land gifted to him in 2018 by Senegal’s President – Macky Sall. After the city construction, the community will trade using only the Akoin – a Stellar-based cryptocurrency the singer will launch later this year.

As Akon claimed, the city is going to be mainly focusing on solar energy, with the transactions fully based on crypto.“It’s a 10-year building block so we’re doing it in stages. We started construction in March and stage two is going to be in 2025”, Akon said in an interview with Power 106 Los Angeles.

Estimates put the value of constructing the self-sufficient, eco-friendly city at around $2 billion.

According to Akon, blockchain and crypto will save Africa, return the power to the public and make them independent from the government. 

As regards to Akoin, it will be available in all 54 African countries, according to its website.

The Akoin ecosystem is intended to be not just a currency, but also a way to establish credit, borrow money, access government services, and more. Akoin whitepaper went live in March this year.

3. Katy Perry 

The well-known singer and currently the third most-followed person on Twitter Katy Perry has shown her support towards crypto in 2018 by posting an image of her crypto-themed manicure on Instagram. Her nails were decorated with 3D images of five cryptocurrencies (Bitcoin, Ethereum, Litecoin, Stellar, and Monero) over a background of US dollar bills. 

With the caption: “$—CrYpTo ClAwS—$”, the singer also tagged the Instagram accounts of all five cryptocurrencies to show her support for the blockchain. Overall it gained more than 200,000 likes.

Moreover, in November 2017 Perry shared another post on Instagram with American investor Warren Buffett saying: “nbd just asking Warren Buffett his thoughts on cryptocurrency”.

4. 50 Cent 

Famous rapper Curtis Jackson aka 50 Cent, was a bitcoin millionaire for years and found out about that only at the beginning of 2018.

In 2014 he sold his album “Animal Ambition” for a fraction of a single bitcoin and earned about 700 bitcoins – worth nearly $662 each at that time, and about $400,000 in total. Apparently, he forgot about them afterwards. In 2018 they were worth more than $7 mln and nearly $6.8 mln now.

“Not Bad for a kid from the South Side, I’m so proud of me”, 50 Cent wrote in an Instagram post, but later deleted.

5. Nasir “Nas” Jones

American rapper Nas is also a venture capitalist. In 2014 QueensBridge Venture Partners was launched, when the firm invested in Bitfury Group as part of a $20 million Series A investment round. The track record of the QBVP investing in blockchain and crypto projects also includes BlockCypher, Coinbase, and Robinhood. 

Nas also told in an interview with Coindesk in 2014 that he was an investor in Coinbase. “Bitcoin will evolve into an industry as big, if not bigger, than the Internet. This isn’t of the Internet age, bitcoin is its own age,” Nas explained. The rap star added that many obstacles will occur from the security and privacy side, yet 20 years ago the internet was in the same condition.

Unbelievable, right? Now you know a little more about your favorite singers and their involvement in the blockchain industry. You see the more we explore the world of crypto the more we see people choosing it as it is more convenient, more secure and provides lots of benefits. You can become a part of this emerging world already today. So don’t lose your time and start investigating the blockchain and crypto space!

Our Blockchain Glossary and Blogposts can be a good start for you!

Toufi Saliba

Nooor talks with Toufi Saliba

Toufi Saliba was one of our speakers during the ChainPoint 19 Conference. As a human being willing to make a change not only by inspiring others and dreaming about the future full of prosperity, he is actually making tons of effort every single day, pursuing and struggling to find the ideal path of development. Toufi is heavily involved with dozens of projects. Not forget to mention that he is currently doing advisory for several governments, some are the largest and most powerful ones, others the smallest and the most agile and nimble.

Toufi is also the CEO of the TODA network. It is a platform and incubator lab built on top of TODA/IP a packet-level protocol. Moreover, it is effectively enabling network packets to manage and transmit value without dependence on a ledger or any third party.

Nooor talks, 5 Questions, and Toufi Saliba. Here we go!

1. What are the major challenges in the Blockchain industry today?

Everyone would tell you Scalability and Usability. We did talk about scalability 4 years ago and nobody listened, hence the entire industry is on the verge of collapse with less than 0.2% global market penetration… not the number you’d expect from a revolutionary technology.

To answer your question: They are not SECSI

  • S for Security (Autonomous Decentralized Governance is a Security model) not a single Blockchain out there is living up to its promises with decentralization, let alone its potential
  • E for Efficiencies. If the net/net cost to run any operation at scale is larger or even comparable with the current method of accomplishing similar results, then we will not be describing a revolutionary tech. Maybe evolutionary and in some aspect regressive or at most mediocre.
  • C for confidentiality. If your Blockchain provides confidentiality with extra layers and methods to be deployed, go home. It must be by design and not a single Blockchain provides it by design, there are some added on deployment layer which of course could work but at a cost that eats up from the previous (E) point
  • S for Scalability. Of course, everyone is talking about this one, but solving it most had to compromise other elements and started a trend called trilemma. Anyone with a trilemma, should go home. They are not necessary. Trilemma is an excuse, not a solution.
  • I for Interoperability. Here’s what’s so ironic, in this p2p revolutionary technology, those with yet another layer to accomplish interoperability should go home and never come back… it’s an oxymoron at most.

2. What is your company’s mission and how far have you come in completing it?

My companies have missions but they are independent of the Protocols mission. In fact on the protocol layer we never raised any money, it’s been bootstrapped all the way through.

I’m currently involved in about a dozen companies building on TODA many raised funds from private investors, old school equity models. Mainly a company called Toda. Network Corp which the first year in business 2018 generated about $5.3M in revenue, the second year in 2019 about to close the year with $21M USD. For a startup, it’s not a bad start at all.

3. The trends in cryptocurrencies have deemed them unfavorable in most governments. Since the blockchain is the underlying technology, do you think various states, starting with Armenia, would be open to adopting the tech?

Rightfully so. I don’t blame any governments from rejecting a tech that is crippled by design. Most projects are scams and most of the remainings are failures built on failures. However, a smart nation like China, already realized by its own president and announced the marching towards the Blockchain. The question is, would they get in the real Blockchain or the faky ones out there? We don’t know.

4. Everyone is talking about the leading innovating technologies of the 21st century and the possible synergy of Blockchain, IoT and AI. What is your personal stance regarding the synergy in between of these three technologies? Should we as a world, focus more on blockchain technology rather than AI or IoT?

Not sure those 3 are of the same magnitude in the attention they are getting. I’m a lot more interested in filling the gaps that all 3 and others will suffer from if solutions haven’t commenced. It goes back to security by design. The absence of which may very well be detrimental.

5. As you were a part of CP19, what can be the feedback about Armenia and its potential to become one of the leaders in the blockchain space?

I’d like to see that, but highly doubt it would unless we see significant actions to take a lead role. Note: for example, recently Toufi Saliba became founding Global Chair Ai Standards for all humankind at IEEE TEMS. See more details here: https://www.ieee-tems.org/ai-standards-toufi-saliba/

I am getting other nations putting $100M+ to get their names on it. Armenia could participate but it will unlikely do that with money. Will it do with other aspects? I don’t know.

What I do realize is that everything in the world will be cryptofied within the next decade, we will reach global prosperity. I no longer worry about those 2. There will be no hunger and no extreme poverty. I used to worry about those, not anymore.

Where I sit right now I’m capable of seeing this reality coming together with the same way you see the sunrise every day. What keeps me up at night is AI with very little security to prevent an attack from within… I insist on what I do, not only as an author of a network protocol but as an executive and human being to focus my work and effort to benefit every single homo sapien that would like to benefit from it. No exceptions. I will continue the awareness and building organizations to provide an alternative to humanity to use.

Alejandro De La Torre

Nooor talks with Alejandro De La Torre

Alejandro De La Torre was one of our speakers during the ChainPoint 19 Conference. He is a Former VP & Co-Founder of BTC.com and VP of Poolin which is a multi-currency mining pool service launched in 2017.

With a mostly entrepreneurial background and the ability to run businesses from a young age, Alejandro has got interested in blockchain technology almost since the beginning of the development of the industry.

Having an eye on the latest trends in development and picturing all the possibilities that the technology cares, Alejandro shared his vision towards some crucial edges of mining and the development of the technology in general.

Nooor talks, 5 Questions, and Alejandro De La Torre. Here we go!

1. How blockchain will change our world and which industries will have the most influence?

I got into the blockchain world early in 2013, when it was not even called blockchain. I believed back then that having an alternative financial system based on different fundamentals from what we have now in the traditional financial world would be a nett positive for society… and I still staunchly believe in this today.

These different fundamentals, that primarily bitcoin and other prominent coins have, are non-human manipulation in the economics of the system, the deflationary aspect of it and the possibility of it being used by anyone, anywhere without the approval from anyone.

These revolutionary ideals have and will continue to change and shape the world in ways we can only begin to imagine. Bitcoin and other fair and decentralized blockchain based coins are revolutionary financial tools.

2. What is already running smoothly and well with blockchain and comparable distributed ledger technologies today?

Blockchains & DLT require security in the form of hashpower (mining) for the features inherent in them to actually work.

The blockchain is immutable if and only if there is a sufficient amount of hashpower behind each block to secure it from any form of attack.

Thus, what has been running efficiently, I say without a doubt, is the mining industry supporting the security of the blockchain and the transfer of wealth enabled by it.

3. What is one thing about mining that fascinates you the most? Why did you decide to get deeper into this aspect of the technology?

For me, the most fascinating aspect of mining is that multiple aspects of every player in this industry must be considered at all times. The mining rig market, for example, must consider the fabrication times of microchips, fierce competition, the costs of shipping and taxes when exporting, the list goes on.

Another aspect that is high on the lists of importance in mining is electricity costs. Finding cheap sources of electricity is difficult. It might be that the cheap electricity is on the other side of the world for example, or that the electricity from the hydropower plant is seasonal, so you must consider perhaps moving to another location half of the year.

These are just two aspects of mining that require a lot of understanding and hard work for players to crack the code and be bitcoin profitable.

4. The Achilles’ heel of the technology, 50 +1% Attack. What is your stance regarding the possibility of hacking the system?

This is a known attack vector in bitcoin, however, I highly doubt it will ever occur. The reason being is that once a pool or mining farm (although it would most likely have to be a pool) does a 51% attack, the network would lose ALL of its incredible features which would, in turn, affect the price negatively and drastically.

A pool that makes money on bitcoin would not want this, no one that is mining wants this, thus it is in every player’s self-interest to maintain the power of pools and farms to much less than 51%.

5. As you were a part of CP19, what can be the feedback about Armenia and its potential to become one of the leaders in the blockchain space?

There are multiple opportunities in this industry. I would bet on things that have been working for the last 10 years and not try to recreate a database with the word “blockchain” as that will only lead to nowhere.

The potential of Armenia is huge. The country has agreeable weather which would save costs for cooling. Armenia is a stable country and the government wants to provide incentives such as the tech city to help bring in companies. Political stability and a government willing to listen and help a blossoming industry like crypto mining are very important. This allows miners to continue their business and forecast into the future with confidence. I foresee Armenia playing an important role in the future with both blockchain development and crypto mining.

blockchain in supply chain

3 Use cases of Blockchain in Supply Chain Management

The time has come to talk about a use case that is one of the most popular: SUPPLY CHAIN. Firstly, let’s find out what Supply Chain is. It is a network between a company and its suppliers to produce and distribute a specific product to the final buyer. This network includes different activities, people, entities, information, and resources. The supply chain also represents the steps it takes to get the product or service from its original state to the customer. Depending on the product, the supply chain can span over hundreds of stages, multiple geographical (international) locations, a multitude of invoices and payments, have several individuals and entities involved, and extend over months of time.

So what does the supply chain need? Of course, it needs reliability and integrity, which are provided by blockchain and there is no dispute in the chain regarding transactions because all entities on the chain have the same version of the ledger. One of the advantages of blockchain-based supply chain systems over standard databases is that nobody can change the data in blockchain. Another advantage of blockchain is that a retailer can control suppliers by monitoring products from the moment they are moved from a warehouse.

Let’s take a look at interesting aspects of blockchain applications in supply chain management.

Diamond supply chain

The history of blockchain in the diamond industry can go back to May 2015. Back then an Australian entrepreneur Leanne Kemp founded Everledger — a global digital registry for diamonds powered by the IBM Blockchain Platform. One of its main goals was to solve the “blood diamonds” issue. Blood diamonds are not the only issue, as gem retailers are also trying to detect laboratory-grown diamonds. They are less valuable among customers and sometimes are sold as natural ones.

Food & Agriculture

We can take Provenance as a good example. It enables every physical product to come with a digital ‘passport’ that proves authenticity and origin, creating an auditable record of the journey behind all physical products.

Moreover, Retail chain Walmart is using blockchain to focus on food safety, tracking, and traceability. For example, the company is already carrying out tests using the tech to track food products like mangoes from Mexico and pork from China. The system uses sensors to record temperature in a blockchain system. In this way, the company can assure quality and food condition during transit. Last year, it took two months for experts to trace the source of a salmonella outbreak in Mexican papayas. With blockchain, this process can take some seconds.

Healthcare

In the medical field genomic data is used for customized patient diagnosis and treatment. While the pharmaceutical industry can use it for the development of new drugs and therapeutic agents. Macrogen is not the only technology giant looking to apply blockchain tech within the genomics industry. As far back as 2014, an Israeli startup called DNA.Bits announced plans to store genetic and medical record data using blockchain technology.

For example, transplantChain is a medical supply-chain management tool that tracks the protocols and signatures required for organ transplantation. It uses blockchain technology to fix donor matching issues to make the process faster and more efficient. The platform would allow hospitals to select organs within proximity and have them prepared to be transported. The platform would also provide detailed information and the medical history of each organ.

All of this showcase how blockchain revolutionizes supply chains in various fields. And above-mentioned examples are just the little part of them. It is obvious that blockchain and supply chain are like synergy and the whole potential is more than you can find from projects.

Find out a more thorough investigation of blockchain applications in various industries here. The industries range from fashion to healthcare, from real estate to education, and more.

References

Blockchain in Hospitality

Blockchain in HORECA. Part 1: Tourism and Hotels

Are you a traveler?

Are you a professional in the hospitality sphere?

Are you simply interested in tourism and hospitality?

If you answered YES to one of these questions, then this blogpost is for you.

Let’s start with applications of blockchain in tourism. This combination is pretty advantageous for all involved parties, as it makes all operations more transparent and secure. Some experts give us possible uses of blockchain in the tourism industry. Below you can find the most engaging ones.

  • Safe and easy payments: We all know that payments with cryptocurrency are much more secure and traceable. All transactions carried out on the blockchain remain registered in the chain and cannot get modified. In addition, there won’t be any intermediaries that can intervene or delay payments. Hence we won’t need to exchange currency when we travel to another country.
  • Ratings: It’s very common to read user reviews when we travel; however, we cannot always guarantee a reliable source or accuracy. With blockchain, this problem can be solved, as the network is public, dependable, and secure-achieving better transparency and increasing consumer trust.  
  • Baggage management: Blockchain could become very useful in tracking the location of our baggage; starting from the check-in counter at the airport. It may have gotten lost or damaged on its way. With the help of blockchain, it’s possible to know where our suitcases are.
  • Reward systems: Many travel companies create loyalty programs for their customers. Blockchain would facilitate these processes and allow customers to check their points and, for example, exchange them for cryptocurrency.  

Now it’s time to move to the hospitality industry, where uses of blockchain are much more interesting. How does blockchain change the image of the hospitality sphere?

  • It helps in gathering better revenues. The hotels can share their catalog, inventory, and other properties online with all potential consumers through blockchain technology, which will enable the businesses to be more visible to the people. This will result in them accumulating more revenues.
  • Blockchain simplifies the travel and hotel booking processes. With the help of technology, people can automatically check the availability of accommodation or transportation and pay for the services directly. This would reduce the dependence on travel agents.
  • Helps in maintaining transparency in the supply chain. Large organizations, within the hospitality industry, generally follow the franchise model where the quality of different supplies is immensely crucial to maintain the reputation of the brand.  Blockchain technology opens up the opportunity to maintain absolute transparency in the supply chain and makes the whole process simple.
  • Assists in enhancing the user experience through loyalty programs. As mentioned above, loyalty programs enable consumers to access all their points quickly. The tokens are offered to the tourists in a digitalized manner.
  • Creates smart contracts between hotels and travel agencies. They could strengthen their business relationships with smart contracts on blockchain systems. Like the legal contract, a smart contract between hotels and travel agencies would incorporate the contractual provisions that are predetermined by both parties. When the transactions are recorded, the payments can be settled immediately.
  • Establishes digital identification. Blockchain technology can resolve the issue of identity theft. In hotels, restaurants, and airports, tourists are generally required to present their ID as proof, in order to get through the security checks while boarding flights, booking hotel rooms, or while consuming alcoholic beverages.  As a credible solution to this issue, specific digital IDs can come with cryptographically-secured codes that provide the validation of one’s identity without actually looking into the personal details of a consumer.
  • Food Tracking: Many restaurants can benefit from the use of blockchain for monitoring and tracking foods. A blockchain network can be created, which includes food producers, transport providers, and restaurant owners. This network will efficiently track the movement of agricultural produce. All the information about the quantity, types, and grades of food can be found easily by accessing the private blockchain network. Transactions can be updated and stored in real-time and can be viewed by all the parties involved in the supply chain management.

Here are the main and most important uses of blockchain in hotels and tourism. Now it is more clear to you how blockchain transforms these industries. Moreover, these points could be a good start for something more interesting; something that you could develop in your mind and push forward.

Don’t forget to check our “Blockchain in HORECA: Part 2“. This time talking about restaurants!

Sources:

https://www.wearemarketing.com/blog/what-we-can-expect-from-blockchain-in-the-tourism-industry.html

https://www.mindtree.com/sites/default/files/2018-01/WEB-17.8-TTH-GLOB-Top-use-cases-for-blockchain%20in%20Hospitality-Thoughtpost_1.pdf

https://www.todayshotelier.com/2018/11/05/how-blockchain-is-transforming-the-hospitality-industry/

Blockchain In Education

Blockchain Applications in Education: Use Cases

Beyond its conventional use, blockchain is being implemented across various industries and fields. Among these fields is education, where blockchain is beginning to be used in the most surprising and innovative ways. In this blog post, we will discuss companies that are using blockchain to disrupt a system that does not respond to change easily.  

1. Transcripts, Diplomas, Certifications

It is estimated that in the United States alone, 200,000 fake diplomas are sold each year by fake diploma mills. Some degrees can be purchased for as little as $100 dollars, and the price can go up to $50,000, depending on what university diploma and transcript is being faked. Surprisingly, the United States has not taken drastic measures to combat this issue, which leaves it prevalent in the current educational landscape.

To this day, verification of diplomas, transcripts, and other important documents is pretty much a manual process.  In terms of bureaucracy, I think we can all agree that the education system in many countries is very messy and time-consuming. To combat this issue, there are companies that propose to store these credentials on the blockchain. Learning Machine, a 10-year-old software startup, has collaborated with the MIT Media Lab to launch Blockcerts – an open infrastructure for creating, issuing, viewing, and verifying blockchain-based certificates.
Blockchain-based certificates have already been issued in the following instances:

  • The MIT Media Lab in its course “Lab’s 30th Anniversary” of 2015.
  • Learning Machine, which has provided certificates in Human Resources to its staff.
  • The field of Global Entrepreneurship work (Global Entrepreneurship Bootcamp) held in Seoul in March of 2016

Here are some other examples of certificates issued on the blockchain. The University of Nicosia has issued blockchain-based academic certificates for their DFIN-511: Introduction to Digital Currencies course. The authenticity of the document can be verified on the Bitcoin blockchain.

Malta is the first nation to begin large-scale blockchain deployment within its education system. Moreover, the government itself has been very supportive and proactive in pushing for blockchain implementation within its education system. Blockchain certificates have been successfully launched in Malta’s Institute of Tourism Studies (ITS) and Malta College of Arts, Science, and Technology (MCAST). The next step for the country would be to make all educational diplomas blockchain-based.

Likewise, Armenia’s very own Arcnet also aims to combat the issue with fake academic documents. Coined as a blockchain-based career ecosystem, Arcnet has a special project called ArcCert, which provides universities and other educational institutions the opportunity to create and issue tamper-proof diplomas and certificates, which are, in fact, verifiable.

2. Security and File Storage

Without a doubt, it is important for schools to protect their networks and student information. As education institutions store more and more data, DLT cloud storage could offer a safer alternative to conventional options that are currently being used. Referring to themselves as the “Airbnb for file storage,” Filecoin allows the hosting of files with flexible options. This could potentially be a great option for educational institutions to store student information in a safe way- without the risk of information being tampered or lost.

3. Human Resources

Conducting background checks can be a very long and difficult process for HR managers. In terms of criminal history and previous employment, if the information was to be stored on the blockchain, background checks would be less time consuming, and the hiring process could move forward more quickly. This can be tied back to the first point about the authenticity of diplomas. In this day and age, our employment system still works by the assumption that whatever you put in your CV is truthful. The cost of a bad hire varies from $7000 dollars (for mid-level positions) to $40,000 dollars for a management position.

There is a company called Chronobank, which aims to improve recruitment practices and facilitate how HR managers and candidates interact.
This can be very useful for educational institutions, in terms of making long-term and short-term hires. Here’s an example. Having a substitute teacher, I think, is a very American thing, cause when I was in a European college, if the professor didn’t show up, then class was automatically canceled 😀 But in terms of finding someone qualified, in a short amount of time, Chronobank can be very useful. It considers itself an HR ecosystem with a hiring platform called LaborX, a decentralized exchange (TimeX), a multi-signature wallet (ChronoWallet), and a unique cryptocurrency linked to labor hours (Labor-Hour Tokens).

4. Publishing

Blockchain can have various applications within academic publishing, in terms of rights management as well. I think it is important to mention how the publishing industry is structured as an oligopoly. This is referring to the fact that academic research is published mainly by a handful of large publishers. If you are not a part of this, chances are your work will go unnoticed in the grand scheme of things. In terms of peer review, the process is outdated; it takes a very long time and a large number of funds. Blockchain implementation could really change this whole industry. There are companies that currently work on resolving issues within academic publishing.
Authorship allows authors to publish their work on the blockchain-based platform. Readers can purchase the books from the platform using Authorship Tokens (ATS), and writers get 90% of royalties in ATS. Authors own the copyright to their work. They have complete freedom over where their work is present and whether they choose to distribute it in other forms.

5. Bonds

Bonds are usually used to fund capital improvement projects, such as updating the heating system in a high school or building a new gymnasium next to the campus. Because schools usually don’t get a lot of funding, one of the ways they secure it is through issuing bonds. This process can be faster and more secure with the implementation of blockchain.
The value of bonds issued by education providers worldwide was $2.2bn in 2007,  and skyrocketed to $6.4bn in 2017. Some of the biggest universities, including Harvard, Yale, and MIT, have made it onto the list of top borrowers in the US.
Blockchain implementation for issuing bonds is starting to gain momentum. The World Bank  is planning on issuing what it says is the “world’s first global blockchain bond”.
German automaker Daimler, has already made an attempt at this. They used blockchain technology to issue a type of German bond in one of their pilot projects in 2017.

In short, big steps have been taken towards revolutionizing the education system – with the help of blockchain.

What do you think? Is blockchain the future of education?
Let us know your thoughts.

Learn more about the use of blockchain in other industries here.

Nooor Regulation

Կրիպտոարժույթների կարգավորման ընդհանուր հայեցակարգ

Nooor բլոկչեյնի հայկական ասոցիացիան և Elawphant փաստաբանական ընկերությունն սկսել են Հայաստանում կրիպտոարժույթների և տոկենների օրենսդրական կարգավորման առաջարկների մշակման գործընթացը: Այս առիթով ստորև ներկայացնում եմ ոլորտում առկա առանցքային խնդիրները և կարգավորման անհրաժեշտությունը, ինչպես նաև առաջարկվող իրավակարգավորման հայեցակարգի հիմնական դրույթներն ու մոտեցումները:

Հայաստանում կրիպտոարժույթների և ապակենտրոնացված պարտավորական թվային նիշքերի (կրիպտոպահանջների) կարգավորման ընդհանուր հայեցակարգ մշակելու անհրաժեշտությունը.

  1. Ապակենտրոնացված եղանակով և գաղտնագրմամբ շրջանառվող թվային տեղեկատվությունը հասարակական հարաբերություններում օգտագործվում է տարբեր նպատակներով։ Տնտեսական հարաբերություններում լայն կիրառություն են ստացել կրիպտոարժույթները (cryptocurrency) և ապակենտրոնացված պարտավորական նիշքերը (decentralized security tokens)։
  2. Նշված ապակենտրոնացված տեղեկատվությունը այս պահին ՀՀ օրենսդրությունում ունի տեղեկատվության իրավական կարգավիճակ, ինչը տնտեսական հարաբերությունների զարգացման և իրավական պաշտպանության տեսանկյունից անհարմար է և ոչ պրակտիկ (օրինակ՝ առուվաճառքի, փոխատվության և մի շարք այլ էական տնտեսական հարաբերությունների համար նախատեսված քաղիրավական պայմանագրային ինստիտուտները նախատեսված են գույքի և գույքային իրավունքների համար, մինչդեռ տեղեկատվությունը չի հանդիսանում գույք կամ գույքային իրավունք. տեղեկատվության փոխանցումը ծառայությունների մատուցման պայմանագիր է ենթադրում, մինչդեռ դա չի արտահայտում ապակենտրոնացված թվային տեղեկատվության գործառնական նշանակությունը տնտեսական հարաբերություններում. բացի դրանից ապակենտրոնացված պարտավորական նիշքերով թողարկված պարտավորական իրավունքները փաստացի դուրս են մնացել արժեթղթերի շուկայի դաշտից, արժեթղթերի քաղիրավական ինստիտուտը չի ծառայում ապակենտրոնացված պարտավորական նիշքերի կարգավորմանը, վերջիններս մանցել են որպես թեկարգավորված ներդրումային և ֆինանսական գործիքներ)։
  3. Օրենսդրության կողմից երևույթի հստակ չճանաչումը հանգեցնում իրավական անորոշության և ոլորտի զարգացման արգելակման, Հայաստանի՝ տնտեսության հիմնական ուղղություններից մեկը հռչակած ՏՏ ոլորտի հետադիմության և լճացման։
  4. Հայաստանի ֆինանսական համակարգը արհեստականորեն հետ է մնում համաշխարհային ֆինանսական շուկայական համակարգի ինովացիոն զարգացումներից, ինչը Հայաստանի ֆինանսական համակարգին սպառնում է ֆինանսական, տնտեսական և տեխնոլոգիական վտանգներով։
  5. Հայաստանը կորցնում է ոլորտում օտարերկրյա խոշոր ներդրողներին, ինչպես նաև ֆինանսաբանկային համակարգի ծառայությունները դարձնելով ոչ մատչելի՝ ազգային ներդրողներին և գործարարներին ստիպում է հեռանալ երկրից, կորցնում է խոշոր հարկեր, աշխատատեղեր միջազգային գործարար հեղինակություն։
  6. Հանրային պաշտոններ զբաղեցնող անձինք չունեն կրիպտոարժույթները հայտարարգրելու պարտականություն, ինչը պարունակում է կոռուպցիոն ռիսկեր հանրային ոլորտում։

Առաջարկվող իրավակարգավորման հայեցակարգը.

Նշված խնդիրներին լուծում տալու համար առաջարկում եմ`

  1. հստակեցնել տնտեսական հարաբերություններում կիրառվող թվային նիշքերի իրավական կարգավիճակը ՀՀ օրենսդրությունում՝ դրանց տալով գույքի կարգավիճակ.
  2. հաշվի առնել ապակենտրոնացված տեխնոլոգիաների զարգացումները, իրավակարգավորման ընտրության մոդելում չֆիքսվել միայն բլոկչեյն տեխնոլոգիաների վրա, կարգավորել ապակենտրոնացված տեխնոլոգիաների կիրառությամբ հասարակական հարաբերությունները ընդհանուր ձևով՝ թույլ տալով հետագա ինովացիոն զարգացումները. (օրինակ՝ բացի բլոկչեյնից այս պահին զարգանում են DAG (ապակենտրոնացված ացիկլիկ գրաֆ) տեխնոլոգիայի վրա հիմնված ապակենտրոնացված գրանցամատյանները).
  3. ապակենտրոնացված թվային նիշքերի իրավակարգավորման մոդելում հաշվի առնել էլեկտրոնային թվային ստորագրությունների և էլեկտրոնային փաստաթղթերի գործող կարգավորումները.
  4. ապակենտրոնացված թվային նիշքերը ճանաչել էլեկտրոնային փաստաթղթեր (գույքի կարգավիճակ ունեցող էլեկտրոնային փաստաթղթեր, գույքային էլեկտրոնային փաստաթղթեր).
  5. օրենսդրությունում տարբերակել թվային նիշքերը, որոնք ունեն առևտրային արժեք, սակայն հիմքում ա) չունեն պարտավորական հարաբերություններ (օրինակ՝ կրիպտոարժույթներ), և որոնք բ) իրենց հիմքում ունեն պարտավորական հարաբերություններ (օրինակ՝ ապակոնտրոնացված պարտավորական թվային նիշքեր, այն է՝ ապակենտրոնացված էլեկտրոնային պայմանագրեր (զիջվող պահանջներ), էլեկտրոնային արժեթղթեր, էլեկտրոնային ածանցյալ ֆինանսական գործիքներ և այլ).
  6. կրիպտոարժույթներին գույքի կարգավիճակ տալը ինքստինքյան չհանգեցնել դրանց արժութային կարգավիճակի տրամադրմանը, միևնույն ժամանակ չխոչընդոտելով կրիպտոարժույթների մասնակցությանը տնտեսական հարաբերություններին գույքի կարգավիճակով. այլ կերպ ասած՝ ՀՀ-ն կարող է սահմանափակել կրիպտոարժույթներով գնանշումը, կանխիկ և անկանխիկ գործարքների կատարումը Արժութային կարգավորման և արժութային վերահսկողության օրենսդրության լույսի ներքո, սակայն օրինակ՝ դրանց առուվաճառքի արգելումը անիմաստ է. միևնույն ժամանակ կրիպտոարժույթներին առցանց հարթակում արժութային գործառույթների թույլատրումը ողջունվում է.
  7. պարտավորական թվային նիշքերը կարգավորել արժեթղթերի մոդելով՝ հաշվի առնելով, որ դրանք հավաստում են պարտավորական իրավունքներ. 
  8. պարտավորական թվային նիշքերի կարգավորման համար արժեթղթերի մոդելը որդեգրելիս հաշվի առնել տեխնոլոգիական առանձնահատկությունները՝ առանց ձեռք տալու արժեթղթերի գործող ինստիտուտները և դրանց իրավակարգավորումները.
  9. կրիպտոարժույթների և ապակենտրոնացված պարտավորական թվային նիշքերով գործարքներ իրականացնող տնտեսվարողներին դարձնել ՓԼԱՖ հաշվետու.
  10. կարգավորել ապակենրոնացված թվային տեխնոլոգիաների կիրառությամբ կենտրոնացված ծառայություններ մատուցող տնտեսվարողների գործունեության որոշ ասպեկտները (կրիպտոէքսչեյնջ, կրիպտոբորսա, թվային դրամապանակի ծառայություններ մատուցողներ, ապակենտրոնացված պարտավորական թվային նիշքերի թողարկողներ (ICO) ապակենտրոնացված պարտավորական թվային նիշքերի շուկայի օպերատոր և այլն) սպառողների և ներդրողների շահերի պաշտպանության համար.
  11. որդեգրել ապակենտրոնացված թվային նիշքերի կարգավորման առավել ինսենտիվային (խրախուսական) և նվազապես պենիտենցիար (պատժողական) մոդել՝ դրանցով հասարակական հարաբերությունների մասնակիցների հաշվետվողականությունը ապահովելու համար՝ հաշվի առնելով վերահսկողության գործիքների բացակայությունը և մարտահրավերները վարչարարական հարաբերություններում:

Women in blockchain

Let me guess the first feeling you had when you weren’t even born yet. When the world was going through its usual circle, but without your existence in it.

At this moment you perceive this text diligently through the prism of your understandings, and your memory keeps alive all the moments that matter, all the emotions that are important and the moments that are dear to your heart. In the same instant, memories also keep the worst of your life episodes, the devastation and hardships.

But there are several years that your mind just blows away with time, where you were so tiny and new to the world- a world that had been waiting for you for too long. I’ll give you the moment of silence at my keyboard so you can try to remember. No? Nothing?…Exactly!

Our minds cleared away the most precious memory of our first ever feeling – tenderness.

Tenderness of the first voice that you have ever heard. The first touch that calmed you in a wild-wild world of misunderstandings. And there was a woman who was by your side all the time. Your mom. The one, with whom you were from the beginning. Who has a part in your soul, who was there even when the world was only yours and hers.

Tenderness – since the beginning.

So why can’t we claim that blockchain has its tenderness, or that during its creation, behind the technology was the one, who gave that tenderness not only to her child but also to humanity by inventing the technology of the century?

Everyone is so confident in the fact that Satoshi Nakamoto (the creator of blockchain)  is a man, or a group of men, therefore, automatically eliminating the possibility of a woman being the main figure behind the creation of this technology.

– Satoshi Nakamoto is a man!

– No, you dummy, it is a group of people!

– Oh, sure, ha-ha a woman? Keep yourself together!  They are just women and they have no place in technology like this.

-… Um, excuse me?  

Can you imagine for a second what would it be if a woman was behind the creation of blockchain technology?

  • She would have made it damn hard to understand ( probably, that’s why men are trying too hard to understand women, hence creating tons of books on: “How to understand a woman”,  ” What a girl wants?” and so on)
  • She would probably add some spice by creating a currency, so men can compete with each other on having most of it. Just like you asked your mom to buy you more toys when you already had enough.
  • Also, she would have made it fair and logical. YES, LOGICAL! Breaking the stereotypes at its finest.
  • And lastly, she would add some tenderness, by making you think that she is a Satoshi Nakamoto, a Man not a Woman, so your ego will give in by a tender grasp of a lady.

Well, let’s be adults for a second, ok? Do we actually care if it is a man or a woman? Is it THAT important?  Maybe we will never ever find out about the real identity of the creator. Maybe we will, maybe even today or a year after, who knows? What really matters is that we are living in the  21st century, where genders are starting to create and learn with the same rights and opportunities.

We shouldn’t have to emphasize that a woman achieved something in tech and be like “…she’s a woman and we will let her talk”.  NO! We need to perceive both women and men NOT by their gender, but for their ideas, skills, and experience.

We decided to trust math and logic instead of people in suits. Let’s trust in knowledge – not in gender.  

Tenderness was there from the beginning. Tenderness is in the knowledge, cause tenderness is power!

So embrace that power and stop labeling capacities of people in different spheres based on their gender, race, or nation.

Blockchain is leaving you weaponless, as you are dealing with the transparent network where the technology sees only the true potential and bright ideas shining within yourself.

By being the technology of the future, the peer to peer network already doesn’t care about your gender, as all the participants, creators and contributors are coming as peer nodes, hence, making your physical appearance invisible. Regardless if you are a man or woman, black or white, Asian or Armenian, blockchain technology perceives you as a peer node,  that can push things forward without centralizing on who you are and what you can “do”. Blockchain is here to make a difference!

That’s why I’m asking you to take a deep breath and focus on your memories. Try to find that very first feeling of tenderness. Eventually, you will discover the tremendous warmth, that will fill you up with enthusiasm and empathy.

Embrace the power. Embrace the tenderness.