Whether you’re a fresh graduate hunting for a job opportunity in the blockchain industry or a professional building up your skillset delving into blockchain technology, chances are you’ll find yourself in a job interview for a related position sooner or later.
As you know, interviews can be stressful and nerve-wracking. You’ll answer questions you didn’t prepare for and rattle you. A blockchain tech job interview can be intimidating if you’re not prepared.
To add, it’s a relatively new industry that not many people get the chance to try out for an interview. Luckily, you’ve come to the right place.
We’re here to help you ace the interviews and land a blockchain job with this guide. This article will cover everything you need to know for a blockchain interview, including common interview questions including the benefits of acquiring a job in the crypto world. Read more about it below.
Helpful Tips When Applying for an Interview
The demand for blockchain professionals is skyrocketing, and employers are on the hunt for top talent. With such promise, companies across industries are looking to invest in building blockchain teams.
Here are some practical interview tips to help you nail your interview for that blockchain tech job.
1. Do your research
Learn as much as you can about the organization, including its products and services, and customers.
It will also be good to brush up on current industry news and the future of blockchain to give you an edge.
Companies are looking for candidates with specific experience or knowledge related to the position they are applying for. Learning about cryptocurrency and blockchain for beginners can help set the foundation for what you need to know.
You can find plenty of resources from which you can learn, including YouTube videos and tutorials.
2. Prepare for technical questions
Many companies have staff members from their engineering teams interview candidates to test how deep their knowledge and understanding of blockchain technology and the open position’s responsibilities.
So make sure that you qualify for the post you’re applying for and brush up on your skills and knowledge before the interview.
Since blockchain is a niche and highly specialized field, expect your potential employer to ask you technical questions about the technicalities and features of blockchain technology and how it relates to their industry, such as smart contracts, cryptography, or consensus algorithms.
3. Be confident, but not too much
You should know your strengths and weaknesses and be able to discuss them openly. If you think there are things or concepts you’re still working on understanding better, be honest about it.
But show them how eager you are to learn unfamiliar concepts with the company. The last thing you want is to pretend you know one thing, only to stumble over your words and get trapped for lying.
Moreover, don’t forget to be open to suggestions and feedback on how to improve your skills and knowledge. This shows your enthusiasm to learn and continuously improve.
4. Share your experiences
It would help if you tried to show that you have both technical skills and experience in working on specific projects. Do your homework and ensure that you know everything about their project.
Furthermore, if you’ve already worked for a blockchain company, it would also help if you could discuss what you learned from your experience, especially your notable contributions.
Candidates can also expect employers to ask behavioral questions that test their critical thinking skills. These questions often require candidates to use their previous work experience as examples or draw on hypothetical situations they may encounter.
5. Be passionate about what you do
Most companies are looking for people who share their values and vision and can contribute with their ideas, not just code or market their product.
Try to be proactive during your interview and ask questions if you can.
Common Questions that Might Appear in Blockchain Interviews
With the blockchain field being relatively new, the technology is constantly evolving.
That means the interview process for blockchain developers is also constantly changing. The question might differ from common interview questions that most developers anticipate. However, some aspects of blockchain remain unchanged and stand as fundamental knowledge for developers.
Here are some of the basic blockchain questions that will test your knowledge.
- What is blockchain technology?
- Describe what you understand by the term “distributed ledger technology” (DLT).
- What’s the difference between a private and a public blockchain?
- How does a 51% attack work?
- What is your favorite project within the blockchain/crypto space, and why?
- How does proof-of-work work?
Benefits of Acquiring a Job in the Crypto World
- High pay-grade
If you’re working for an established enterprise, you’ll receive some of the best benefits packages in the industry. You may not need to look for other side hustles with a high-paying job.
- Wider opportunities
There are immense opportunities for aspiring professionals in this category. You can even develop your own decentralized app or blockchain platform that could improve existing systems.
- A booming industry
According to an estimate by Gartner, blockchain-related business value will grow to more than $176 billion by 2025 and exceed $3.1 trillion by 2030. Most Fortune 500 companies are currently engaging in blockchain projects, so expect to see promising job opportunities in this industry.
- Remote setup
When it comes to blockchain jobs, one of the biggest benefits is that they can be done remotely. With that, you don’t need to live in a major tech hub to land a good blockchain job. You only need an effective work-from-home setup to get you started.
- High demand
Cryptocurrency exchanges are also seeing a massive surge in demand. Cryptocurrency trading has jumped 689% from $1.8 trillion in 2020 to over $14 trillion in 2021. Most of this growth can be attributed to the tremendous increase in the Bitcoin price over the last few months.
Ace Your Blockchain Job Interview
The blockchain community is robust and full of knowledgeable people who have a lot to offer the world.
As this technology becomes increasingly mainstream, applicants must remember these tips to prepare for an interview, especially with larger companies.
At the very least, it’ll succeed in leaving a solid first impression.
If you’re looking into the blockchain industry, we hope that this article has offered some helpful insights. Remember that applying for a blockchain job is not all that different from any traditional job application.
To succeed, you should highlight your relevant skills and qualifications while also highlighting any potential strengths that would make you a valuable asset to the company.