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FOMO Daily > Economy > Business > Cryptography: Careers, Pros, Cons, and Future Trends
BusinessCryptocurrency

Cryptography: Careers, Pros, Cons, and Future Trends

Oscar Harding
Last updated: October 6, 2025 8:55 pm
By
Oscar Harding
5 Min Read
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Why Cryptography Matters: Careers, Pros and Cons

Cryptography sits at the core of digital trust, protecting everything from messaging and banking to national security and blockchains. Studying it blends math, computer science, and hands on engineering. You’ll meet the foundations (number theory, algebra, probability, complexity), core primitives (encryption, signatures, hashes, key exchange, zero knowledge), and the protocols and systems that run the internet (TLS, MPC, threshold crypto, secure messaging, HSMs). Applied work adds side channel defenses, secure coding, cryptanalysis, and formal verification, while fast growing areas include post quantum cryptography (PQC), zero knowledge and fully homomorphic encryption (FHE), blockchain security, and confidential computing.

The upside is big your work directly safeguards privacy, safety, and economies, demand is strong across big tech, fintech, cloud, cybersecurity, and web3, and the field mixes rigorous theory with real-world engineering and constant research energy. The downsides are real too: a steep learning curve, high stakes where mistakes can be catastrophic, uneven tooling for cutting edge methods, and long timelines to prove security and gain standards adoption. Rigor and peer review aren’t optional they’re the job.

Ask if the fit is right. You’ll thrive if you enjoy math and proofs, careful design, and building robust systems even when progress feels slow. If you dislike abstraction, formalism, and meticulous reviews, the day to day may frustrate you. Career paths range from applied cryptographer or security engineer (libraries, protocols, key management) to research scientist or academic (publishing, standardization), security architecture and governance, web3 protocol design and ZK systems, and roles in government or defense focused on standards and national infrastructure.

The future centers on PQC migration (replacing RSA/ECC in browsers, VPNs, firmware), privacy tech at scale (ZK proofs, private ML, selective disclosure credentials), composable and formally verified protocols, confidential computing that protects data in use, user centric identity (verifiable credentials, self sovereign models), and a pragmatic “real world crypto” push toward fewer bespoke primitives and more robust, audited implementations. These trends create opportunities for engineers who can connect proofs to production.

To prepare, build a base in algebra, number theory, discrete math, probability, algorithms, systems, secure coding, and (ideally) formal methods. Practice by implementing classic schemes, breaking toy protocols, entering CTFs, and reading papers or Real World Crypto talks. Great places to study include MIT, Stanford, Berkeley, CMU, Johns Hopkins, Maryland, Cornell, Waterloo, Toronto, Cambridge, Oxford, Bristol, Royal Holloway, ETH Zurich, EPFL, KU Leuven/COSIC, Radboud, Ruhr-Bochum (HGI), TU Darmstadt, ENS Paris/Inria, Weizmann/Technion/Tel Aviv, NUS, Tsinghua, University of Tokyo, KAIST, UNSW/Monash/Melbourne/ANU/RMIT, and University of Auckland. Choose programs by advisor fit, research track record, advanced coursework (PQC, ZK/MPC, formal methods), active seminar culture, and industry/standards ties. Get started now with Katz Lindell, Boneh Shoup (free draft), and Rosulek’s Joy of Cryptography  watch RWC and USENIX sessions; build AES-GCM, X25519/Ed25519, HKDF  and contribute tests or docs to libs like libsodium, BoringSSL, or Rust crypto.

How to choose a program

Advisor fit over brand, read their recent papers; email potential supervisors with concrete interests.

Track record, placements, standards contributions, and collaborations with industry/government.

Curriculum & projects, availability of advanced courses (PQC, ZK/MPC, formal methods) and real lab work.

Community & events, seminars, reading groups, and access to conferences (Crypto/Eurocrypt/Real World Crypto/USENIX Security/CCS).

Funding & internships: scholarships, RA/TA positions, and connections to standards bodies or companies.

Getting started now (free & practical)

Read: Katz & Lindell Introduction to Modern Cryptography; Boneh & Shoup A Graduate Course in Applied Cryptography (free draft); “The Joy of Cryptography” (Rosulek).

Watch, Real World Crypto talks; applied crypto tracks at USENIX/Black Hat.

Build, implement AES/GCM, X25519, Ed25519, HKDF, write tests; use formal tools (Tamarin/ProVerif) on toy protocols.

Contribute, fix bugs, improve docs, or add tests to a crypto library in Rust/C/Go.

Bottom line, Cryptography is a demanding but deeply rewarding field. If you like rigorous thinking that measurably protects people and systems, it’s hard to beat. The coming decade driven by post quantum migration, privacy technologies, and verifiable identity will create outsized opportunities for graduates who can bridge theory and production grade engineering.

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ByOscar Harding
G'day I’m Oscar Harding, a Australia based crypto / web3 blogger / Summary writer and NFT artist. “Boomer in the blockchain.” I break down Web3 in plain English and make art in pencil, watercolour, Illustrator, AI, and animation. Off-chain: into  combat sports, gold panning, cycling and fishing. If I don’t know it, I’ll dig in research, verify, and ask. Here to learn, share, and help onboard the next wave.
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