Blockchain Engineer Salary in Los Angeles

Blockchain Engineer Job Description

Blockchain engineers or blockchain developers use cryptographic data/keys to open and close doors. They possess an understanding of analytics, distributed architecture, algorithms, coding, mining, encryption and data security. Blockchain is the technology that powers digital currency like Bitcoin, Litecoin and Dash. It's a computational machine that acts as a trusted third party to secure data that's mutually shared by private parties, corporations, insurance companies and banks in a peer-to-peer (P2P) network. The machinery can automatically execute transactions and verify facts. Blockchain engineers/developers represent a smart-key that can shutdown or unlock contracts on a blockchain. They solve puzzles in order to reveal the next link in a chain to validate time and facts that in turn provides insurance companies and banks with assurance to execute various financial transactions.

Working and Living in Los Angeles

Los Angeles is filled with major industries and booming with entrepreneurs looking to expand their small businesses. There are plenty of science, media, research and technology corporations that have set up shop in the city. Blockchain development companies are starting to grow and make a strong presence in Los Angeles and around the country.

Los Angeles is the second most populated city in the United States. It's known for its film and entertainment scene. The City of Angels has a diverse culture that draws individuals from around the world. Los Angeles features landmarks like the iconic Hollywood sign and Walk of Fame, as well as the Grauman's Chinese Theatre. Residents also enjoy plenty of sunny days throughout the year.