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Employees in Blockchain Space Are 22% More Likely to Be Employed Than in Traditional Employment

Employees in Blockchain Space Are 22% More Likely to Be Employed Than in Traditional Employment

Last updated 15th Dec 2022
Disclosure
  • The increasing popularity of Bitcoin and other cryptocurrencies has led to a demand for employees in Blockchain technology.
  • Several companies are now looking for individuals who are well-versed in this technology to help them manage digital assets, develop smart contracts, and other aspects related to Blockchain.

The internet has created several new industries and has also had a profound impact on traditional businesses. One of the most significant changes has been the rise of cryptocurrencies and blockchain technology. Bitcoin, the first and most well-known cryptocurrency, was created in 2009. Since then, the popularity of Bitcoin and other cryptocurrencies has grown exponentially.

This growth has led to a corresponding increase in the demand for employees with expertise in blockchain technology. BanklessTimes.com's recent analysis revealed that employees working in the blockchain domain are 22% more likely to get a job than those looking for more traditional jobs.

Speaking on the data, BanklessTimes CEO Jonathan Merry said,

The analysis shows that the blockchain industry is booming and offers a wealth of opportunities for those with the right skills. The demand for blockchain experts is skyrocketing, and we expect this trend to continue as more businesses look to adopt the technology.
BanklessTimes CEO, Jonathan Merry

Demand for Blockchain-Based Talent Increasing Among Companies

The high standing of Blockchain employment shows how far it has spread in the realm of business. Many companies are looking to adopt blockchain technology to stay ahead of the curve.

Some of the world's most renowned corporations, such as American Express, Amazon, Microsoft, JP Morgan Chase, Oracle, and IBM, have all incorporated blockchain into their business operations. They are not alone either; even more, startups and small businesses are turning to this distributed ledger technology.

Blockchain technology is a viable alternative to conventional industrial and financial systems, which are missing numerous components. The security and transparency it provides are the main reasons that have drawn businesses to it. So far, it appears that blockchain is here to stay and that its adoption is only going to increase in the future.

What Does This Mean for Job Seekers?

For job seekers, the rise in demand for blockchain-based talent means more opportunities than ever before. Some of the most in-demand roles include; blockchain developers and blockchain solution architects. However, as technology becomes more widespread, people will likely see a rise in the demand for other roles, such as project managers, analysts, and consultants.

The blockchain industry is still developing, and there is much room for growth. This makes it an exciting time to enter the job market. With the right skills, you can position yourself at the forefront of a revolutionary new industry.

Elizabeth Kerr

Elizabeth Kerr

Elizabeth is a financial content specialist from Manchester. Her specialities include cryptocurrency, data analysis and financial regulation.