Despite the continuing bear market, demand for blockchain developers is soaring. According to research by The NextWeb (TNW) the United States is leading the way when it comes to opportunities for blockchain related jobs, followed by the UK then India. Blockchain was the fastest growing skill of 2017 and 2018, according to research undertaken by Upwork, the world’s largest freelancing website.
Glassdoor, a huge recruiting site, is currently advertising a total of 5711 blockchain jobs globally, say TNW. Out of the top ten companies offering employment in the blockchain field, “only three are related to cryptocurrencies”, Foris Limited, Crypto.com, and Wirex. The rest are all recognizable household names like IBM, Ernst & Young (EY), Oracle, Accenture, Deloitte, and PwC.
The social media giant, Facebook, is advertising (at the time of writing) for 19 blockchain-related jobs, three times as many as it was looking for in December. In May 2018, Facebook announced that it had formed a new team dedicated to blockchain technology, to be led by David Marcus, the former head of Facebook Messenger.
Governments And Businesses See Benefits In Hiring Blockchain Experts
The Computing Technology Industry Association (CompTIA), the non-profit voice of the global IT industry, reported that companies across the US economy last month hired IT workers at the sharpest pace in more than four years.
“Tech employment continues to trend upward,” said Tim Herbert, SVP for research and market intelligence at CompTIA. “Beyond broad-based demand for core technical positions, job posting data indicates emerging tech roles are starting to make a meaningful contribution to tech employment gains”.
The capabilities of blockchain – decentralization, transparency, cryptography and immutability – are what attract companies who are not involved in Bitcoin, but see the technology as a way to overcome many of the problems they face in today’s modern world.
Governments around the world also see the benefits in hiring blockchain experts. Hong Kong recently updated their Quality Migrant Admission Scheme to include blockchain among the eleven professions eligible to receive bonus marks in an application.
Last month, The Wall Street Journal reported that the adoption of blockchain technology is still in its early stages. Bridget van Kralingen, SVP of Global Industry Platforms for IBM’s blockchain division, said that blockchain will have more uses in “situations where complex document flow and establishing authenticity are a challenge”.
“I think we see pull but it is very early days,” she added.