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What Is a Blockchain Analyst and How to Become One

Blockchain Analyst

What Does a Blockchain Analyst Do?

A blockchain is a data-keeping ledger that can be distributed among a group but has safeguards to prevent data manipulation. Blockchain analysts examine the data in and usage of these ledgers to determine the effectiveness of the blockchain, identify areas for improvement, and develop strategies for implementing changes. This is still a relatively new position, and many companies are still determining both if and how to use blockchain analysis as part of their overall business strategy, so your daily responsibilities could vary greatly, depending on your employer. This job title currently refers to analyzing blockchain performance and should not be confused with roles that work with the programming or security of different blockchain systems.

How to Become a Blockchain Analyst

The primary qualifications for becoming a blockchain analyst are a bachelor's degree in business, finance, or a related field and experience working with blockchain technology. Seek courses during your schooling that expose you to the different ways companies use blockchain in their daily operations. Many aspiring analysts use internships or seek other opportunities to gain hands-on experience before applying for analyst roles. Because this is an emerging field, most people only have a few years of experience with blockchain, but employers strongly prefer this to applicants who have no experience at all. Additional qualifications of a blockchain analyst include excellent research and communication skills and attention to detail.