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Blockchain is one of the fastest growing applied technologies in the financial industry. With over 400% job growth in 2016-2017 and 700% job growth in 2017 to 2018 (LinkedIN & Indeed), there are no signs of slowing down. With blockchain disrupting the way technology is used in the financial sector, developers with the right skillset will be able to lead companies through this transformation.
As blockchain’s rapid growth continues, developers who aren’t familiar with the technology will soon be forced to catch up. While there’s an abundance of information available online, wading through various wikis and explainer articles is often frustrating and unproductive. How do you best utilize your practice time to accelerate your journey from understanding to technical implementation?
UConn CITI and its partners, DappDevs and the Werth Institute, are bringing blockchain development to UConn Stamford and the surrounding area. These organizations believe in community empowerment via access to knowledge, and consider themselves to be community builders and educators. CITI is sponsoring the creation of a blockchain chapter in Stamford in order to facilitate the development of an education-based micro community designed to connect decentralized application developers. This community, in hand with Stamford’s established financial enterprises, will play a key role in further establishing Connecticut as a USA crypto capital.
Blockchain is a decentralized network secured by advanced cryptography. This new technology relies on consensus mechanisms to decide which data/transactions should be included in the completion of a digital information ‘block’ before linking to new blocks, thus forming an incorruptible chain. It has inspired new applications outside of cryptocurrency, and is now being picked up by the banking industry and other tech corporations as a method of storing data and fielding transactions. Through the introduction of smart contracts into automated business processes and the facilitation of security domain tokenization, Blockchain technology is on the cusp of disrupting numerous established business models.
Our courses are taught on the Ethereum platform, the most well supported and highly used open-source decentralized blockchain framework. Ethereum has the largest developer base and the widest selection of tools available today. As a smart contract engineer, this platform provides the benefit of being able to transfer many of the same principles surrounding development to other chains.
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