The idea of a decentralized web we came to know as Web3 is stronger than ever, and many developers are choosing this path. If you are a software developer interested in working on Web3 projects abroad, the perfect job might be waiting for you on our platform.
The main innovation behind \”the third phase of the internet\” is data management through blockchains. They are publicly accessible platforms that store user information and transactions. Decentralizing the network offers users the chance to choose in which data center their information will be held—the advantages associated with the freedom of choice range from more transparency to data security.
Web3 and blockchain are a growing market
According to a recent report by Vantage Market Research, the global Web3 blockchain market is growing, and revenue is expected to reach USD 23.3 Billion in the year 2028.
In 2021, the blockchain market was valued at USD 2.9 Billion, so projections are for Compound Annual Growth Rate (CAGR) of 41.6% during the forecast period.
Cryptocurrencies are at the heart of Web3
One of the main forces driving the growth of the blockchain market is \”digital money,\” or cryptocurrencies. Bitcoin is the original blockchain-based cryptocurrency, and it was created to operate apart from bank regulations, using a set of incentives to keep the market fair for everybody.
From Bitcoin technology came an essential tool in Web3: Ethereum. It\’s \”a blockchain that borrowed Bitcoin\’s key features and added a major innovation: It was designed with its own programming language so developers could build apps, and eventually a whole new decentralized digital infrastructure, to run on it,\” explains Wired Magazine.
For explanations about blockchain in increasing levels of complexity, check out this Wired video
Blockchain Expert Explains One Concept in 5 Levels of Difficulty | WIRED
Internet media hub Impact Theory published an interesting guide to the cryptocurrency world
Crypto creates job opportunities for developers
Bloomberg has recently published impressive numbers related to job opportunities in the crypto market. They say employment websites such as Indeed.com saw crypto searches more than double year-ago levels. On LinkedIn, paid U.S. job postings with keywords like \”cryptocurrency\” and \”blockchain\” were up more than 600% from the previous year and almost 400% compared to 2019. One popular jobs board, CryptocurrencyJobs.co, reported a nearly 1,500% growth in paid listings since last year.
Learn the basics
We\’ve gathered content about web3 and blockchain with some of our partners and posted further information for you. So make sure to check out more from our blog.
https://blog.vanhack.com/blog/web3-basics-cheat-sheet/
Job opportunities Web3 for developers
We have job opportunities for Web3 developers currently open on our jobs board. Make sure to check out our platform and sign up to apply right now.
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