Online Master's in Global Business with Blockchain Technology

Simply put, blockchain is a data protocol that allows non-trusted partners to collaborate and agree on the validity of transactions without anyone overseeing the process. Why? Because transactional information is recorded in a digital ledger comprised of linked blocks that each contain multiple transactions. Since changing one block would require changing all the blocks, this system is difficult to hack or cheat. 

While blockchain technology was initially developed to facilitate cryptocurrency transactions, it holds so much more potential. Blockchain’s fundamental property of online security makes it the optimal tool for handling all sorts of digital transactions. The many uses of blockchain technology include secure medical data sharing, supply chain and logistics monitoring, cross-border payments, and even voting. 

For those interested in IT, business, finance, and related areas, a career that involves developing and implementing blockchain technology may be highly rewarding. Though still a relatively new and evolving field, blockchain is creating many jobs. In fact, data from the U.S. Department of Labor projects that blockchain engineer roles will grow faster than average over the next decade. 

In addition, a variety of growing career paths may call for blockchain skills and expertise. For example, demand for computer and information systems managers is growing to match the pace of advancing information security threats. According to the U.S. Bureau of Labor Statistics, jobs in this occupation will increase by 11 percent over the next decade, much faster than average for all professions. Potential job titles include chief information officer (CIO), chief technology officer (CTO), IT director, and IT security manager.

When considering whether to earn a blockchain degree, many students wonder if there’s a future in blockchain technology. For many, it’s clear that blockchain has changed business—and the world — for the better. Earning a blockchain degree may be a smart investment for the following reasons:

• Career opportunities. Business applications for blockchain are on the rise. In fact, this technology is revolutionizing industries as diverse as banking, global finance, supply chain management, health care, digital media, and beyond. With a blockchain degree under your belt, you could expand your career options and stand out to employers. 
• Higher earnings. Earning an advanced degree with a focus on blockchain technology could help you prepare for high-paying career paths. According to the Bureau of Labor Statistics, computer and information systems managers earned a median annual salary of $159,010 in 2021. Many employers prefer these professionals to earn a graduate degree.
• The chance to shape the future. Modern organizations have only scratched the surface of what’s possible with blockchain technology. Earning a blockchain degree could prepare you to lead the way forward in this exciting field—and unlock career opportunities as you go.

All programs at University of the Cumberlands are offered at some of the lowest rates in the nation – and we even include free textbooks through our One Price Promise! For more information on how affordable this program would be for you, visit our Financial Aid page.

Each course lasts eight weeks, called a bi-term. There are two bi-terms per semester, and three semesters per year (fall, spring, and summer). Many classes are asynchronous, meaning there is no set login time; you can work on schoolwork whenever you find time. Cumberlands provides free rental textbooks to online students as part of its One Price Promise.