Job Hunting On The Blockchain
Even though, the prolonged bear market
There is a high demand for gifted people related to Bitcoin and the blockchain technology despite the extended bearish market and regulatory uncertainty surrounding Bitcoin.
The distributed ledger technology has brought in a stack of new potential jobs for the budding crypto enthusiast. However, opinions regarding the size and scope of these opportunities differ.
Reports suggest that there were 1775 blockchain related jobs in the United States in August this year, which if you compare to that period last year, is a massive 300% increase over the same period in 2017.
It has also been highlighted that the median salary for a blockchain based job is just under 62% more than the US median salary.
As said by BTC Manager:
âItâs also worth pointing out that although the blockchain technology is being dubbed a game changer for virtually every other industry on the planet, a majority of DLT-based jobs are technical, with software engineers forming a significant chunk (approx. 19 percent) of the demand.â
Itâs worth noting that digital currencies were the first application of the blockchain technology. This means there is no need for a third party intermediary, such as a bank by creating a permanent, secure and a permanent record of transactions between two parties.
Startups and corporations alike are testing ways to utilise the DLT in a host of areas such as energy distribution, pharmacy, law, real estate and supply chain management.
Companies are beginning to take on people with a technical background. Firms like, Coinbase, Oracle, IBM are all preparing to hire the right people with an engineering and technical background.
Software engineers, followed by more specialised roles like technology architect and front-end engineers which also in high demand currently. Essentially, technology, science and engineering jobs have got a big growth potential in the world of blockchain technology.
There is no surprise that there is such a big demand for individuals with blockchain skills. All over the globe have joined in to embrace the revolutionary 21st-century technology.
Itâs been reported in the past by news outlets that Hong Kong-based tech companies arenât afraid to spend extravagant amounts of money on their office spaces in an attempt to attract crypto related talent employees.
At the current time of writing, Bitcoin is in the red with a dip of just 0.74% and a price of $6,490.
What are your thoughts? Let us know what you think down below in the comments!