What is the salary of Blockchain Developer in India?

Blockchain development is a rising trend. The concept of a decentralized ledger is gaining traction among businesses in various industries. Enterprises and businesses are using blockchain worldwide to solve basic business concerns. In India, a Blockchain Developer’s income might range from Rs. 5,00,000 to Rs. 30,00,000 LPA. With experience, certifications, and employment positions, the salary rises.

Salaries in the blockchain industry are constantly rising. Professionals with three to four years of expertise can earn up to Rs 45,00,000 or even more who are working in the banking industry, which is more than double the salary of a typical software developer without blockchain experience. In 2018, the average salary for senior-level IT roles (without Blockchain knowledge) was roughly Rs 1.5-2.5 crore. Companies in the BFSI sector are willing to pay above Rs. 4 crores for security reasons to senior-level professionals and Blockchain developers. This is due to the high demand and low supply of developers and specialists.

But the average salary in the industry is only around 8 lacks per annum in the country with major service-based IT companies recruiting more and more talents. You will get paid in the industry with good experience but you should be excellent in order to ride the wave.