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How Good Is Python for Blockchain Development?

With the growing interest in blockchain, the choice of technologies for creating blockchain solutions is becoming one of the main issues. Python is often ranked among the top tools for creating blockchain-based projects. According to StackOverflow’s 2019 developer survey, this programming language entered the top 5 most popular languages among developers. Moreover, according to the TIOBE rating, Python ranks as the second most popular programming language as of June 2021. So let's see how exactly this technology is attracting engineers around the world and what role it plays in blockchain development.

Blockchain Development Without Complications

Most often, the first thing you hear about Python is that it's pretty simple. It is easy to learn so even novice developers can contribute to the development of open-source projects. To understand how this simplicity benefits blockchain developers, let's go through the process of building blockchains. 

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Build a Blockchain PoC Application Using Hyperledger Fabric

This piece is about my experience in creating a blockchain PoC application for land and title recording on blockchain leveraging Hyperledger Fabric (HF) blockchain platform. It may benefit those who just got started on HF or intend to learn it, and for those who are already experienced in HF, it may offer another equally viable option. It’s pretty long, but for readers who are interested in blockchain technology, your time will be well spent.

Let us first set up our goal and see how we can achieve it.

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Public Vs. Private Blockchain

Blockchain is a super hot topic right now — with every business — from big banks to small businesses —wondering how they can leverage this new technology to help get ahead and one-up their competition. But what exactly is blockchain? 

To delve a little deeper into the specifics of blockchain, particularly as it relates to business purposes, we need to outline the differences between a public blockchain and a private blockchain.

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10 Tools for Blockchain Development

Blockchain, though known to most people through cryptocurrencies like Bitcoin, is used for much more than powering cryptos. Recently, a lot of companies have been coming up with innovative ways of putting this technology to use, from using it as a decentralized voting system to managing a global shipping system.

Even big companies like IBM and Samsung have adopted it for use. So it's natural that all this interest in it brings about the need for blockchain developers. In fact, according to a report from Upwork, blockchain happens to be the fastest growing skill on its platform, surpassing skills like TensorFlow and machine learning in the top 20 list. This means there are a lot of jobs for blockchain developers.

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Start a Career in Blockchain App Development

Blockchain technology has taken the leading position amongst software development companies in terms of the demand for programmers. Talented blockchain engineers are currently the most required in the field and gain, on average, more than $150, 000 per year in the United States.

However, many growing talents in software engineering still have a lot of questions related to blockchain development and concerns about the security of the app architecture. Referring to the word “blockchain,” it can be described as an online system that is duplicated on thousands of computers and distributes the information amongst them. These machines are called “nodes” and they help build the blockchain. This distribution and the specifics of the blockchain architecture allow keeping the Bitcoin or other cryptocurrencies data safe from hacker attacks.