Five reasons why studying blockchain should be your next career move

With the crypto workforce predicted to be worth over $68 billion by 2030*, it’s time to get ahead of what’s next with a qualification in blockchain.

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If you’re a business analyst, consultant, project manager or specialist, you’ve probably heard of the technology that is set to revolutionise your industry: blockchain.

You may have wondered, “What is blockchain?”

Sometimes referred to as distributed ledger technology, blockchain is a type of technology that is transforming the way we complete transactions. From its decentralised network to its streamlined processes, blockchain is highly secure, traceable and reliable. 

And if you’re considering your next career move, planning to advance into a senior role or researching how to be a step ahead of industry changes, specialising in blockchain is the way to do it. Here’s how studying the six-month Graduate Certificate in Blockchain Enabled Business or Australia’s first postgraduate blockchain degree, the Master of Blockchain Enabled Business, could accelerate your career.

EMBA student

#1: Job prospects in blockchain are growing strongly

For organisations at the intersection of business and technology, it’s less about asking, “What is blockchain?” and more about, “How soon can we implement blockchain technologies?”  

In one Deloitte survey of 1,280 senior executives and practitioners around the world, 73% agreed with the statement, “My organisation will lose an opportunity for competitive advantage if we don’t adopt blockchain and digital assets.”

Blockchain is already improving the way businesses operate, from banking and finance, agriculture and supply chain, to government, healthcare and education. As a growing number of organisations adopt the technology, blockchain is increasingly becoming a transferable skill.  

Forbes notes, “As more and more blockchain projects begin to demonstrate usefulness […] the number of projects under development will rapidly increase, putting those who have been savvy enough to upskill themselves in control of a sellers’ market.” 

Gain the skills to meet this growth in demand at RMIT. The Graduate Certificate in Blockchain Enabled Business and Master of Blockchain Enabled Business cover blockchain and the economy, crypto finance and fintech, building and using smart contracts, and blockchain for trade, as well as the legal, ethical, accounting and regulatory aspects of new technologies. 

#2: Being skilled in blockchain positions you at the forefront of change

With skills in blockchain-enabled business, you’ll have the ability to operationalise blockchain technology, transform stagnant industries and lead improved business models.

Not only will this skillset enable you to advance into senior roles, but it will also position you at the forefront of change. Through blockchain, you could be the decision-maker when it comes to business collaboration, technology implementation and the reshaping of supply chains. You may also play a key role in advancing your organisation into the new age of cybersecurity, governance and sustainability.

When it comes to enterprise transformation, RMIT is a global frontrunner. RMIT is currently ranked #2 in the world for blockchain2, and the world-first Blockchain Innovation Hub based on our City campus facilitates cutting-edge research in this field.

#3: Blockchain technology will revolutionise a range of industries

Blockchain is already improving business operation within a number of sectors, from banking and finance, agriculture, and supply chain, to government, healthcare and education. As more organisations adopt the technology, blockchain is increasingly becoming a transferable skill.

The Deloitte survey of 1,280 global respondents revealed that 81% of senior executives and practitioners believed that “Blockchain technology is broadly scalable and has achieved mainstream adoption.”1

At RMIT, you’ll engage with thought leaders, industry mentors and networking hubs to gain the ability to adopt and apply blockchain across commercial, public and social enterprises. Through problem-based learning, industry-led case studies and business internships, you’ll build experience, practical knowledge and an ethical understanding of blockchain.

EMBA student

#4: Blockchain technology is global

Blockchain is a universal infrastructure that can store or transfer information anywhere in the world. It also integrates smoothly with existing systems and processes, making the technology viable for global implementation and expanding your international career opportunities. 

RMIT’s Graduate Certificate in Blockchain Enabled Business and Master of Blockchain Enabled Business are both online enabled and designed for flexible delivery, so you can still learn to lead in a globalised, international context in a range of in-demand roles and sectors - even if you’re studying from home.

#5: Blockchain can elevate your existing career

You don’t have to give up your current career to explore the possibilities of blockchain technology. In fact, applying your existing skill set and with a specialist blockchain lens is what could see you advance into a higher-paying role.  

Some examples of careers in blockchain include blockchain developers, designers, engineers, legal consultants and project managers. At RMIT, you’ll graduate with the skills to pursue these careers in a variety of business sectors, including finance, supply chain, government agencies and more. 

The future of business is decentralised. Study online now and on campus later, and get ahead of what’s next with the Graduate Certificate in Blockchain Enabled Business or the Master of Blockchain Enabled Business at RMIT.


Story: Pallavi Daniel

 

*Australian Financial Review 'EY tips crypto economy to hit $68b, create 200K jobs' 2021

1 Deloitte Insights ‘Deloitte’s 2021 Global Blockchain Survey: A new age of digital assets’ report 2021

2 RMIT University 'RMIT ranked #2 globally for blockchain' 2021

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Acknowledgement of Country

RMIT University acknowledges the people of the Woi wurrung and Boon wurrung language groups of the eastern Kulin Nation on whose unceded lands we conduct the business of the University. RMIT University respectfully acknowledges their Ancestors and Elders, past and present. RMIT also acknowledges the Traditional Custodians and their Ancestors of the lands and waters across Australia where we conduct our business - Artwork 'Luwaytini' by Mark Cleaver, Palawa.

aboriginal flag
torres strait flag

Acknowledgement of Country

RMIT University acknowledges the people of the Woi wurrung and Boon wurrung language groups of the eastern Kulin Nation on whose unceded lands we conduct the business of the University. RMIT University respectfully acknowledges their Ancestors and Elders, past and present. RMIT also acknowledges the Traditional Custodians and their Ancestors of the lands and waters across Australia where we conduct our business.