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40% Of Global Blockchain Talents Have a Master’s Degree

40% Of Global Blockchain Talents Have a Master’s Degree

Last updated 30th Nov 2022
Disclosure
  • The blockchain job industry is competitive, with 40% of its talents holding a Master's degree.
  • There is high demand for engineers and IT specialists in the sector.

Blockchain is one of the most attractive industries for job seekers, with a high demand for qualified engineers and IT specialists. According to an analysis by BanklessTimes.com, the sector is seeing a rapid upward trajectory, with 40% of blockchain talents having a Master's degree.

Speaking on the data, BanklessTimes CEO Jonathan Merry said:

If you're looking for a job in the blockchain industry, it's important to have a strong educational background. Candidates with a Master's degree will have a significant advantage over those without one. In addition, it's important to have strong technical skills and be able to demonstrate a deep understanding of blockchain technology. Experience in the financial sector is also highly valued by employers.
BanklessTimes CEO Jonathan Merry

Engineers and IT Technicians Are Critical Specialists

There is a significant skills gap in the global blockchain talent pool, particularly in technical expertise. The blockchain sector has technological sophistication. Moreover, it is still in its infancy and needs competent technicians to lay out the infrastructure. Thus, the sector's demand for the most academically qualified technicians.

In job listings, the need for blockchain talent on a global scale is highest for engineering talent, followed by the demand for IT talent. Following closely are product management, marketing, and then human resources.

Changes in Blockchain Technology’s Trajectory

In 2021, the blockchain sector proliferated. Because of global quantitative easing, Bitcoin's price rose to a new all-time high of about $69,000. Thus, putting it in the top 10 asset markets in the world and briefly pushing it ahead of Tesla to seventh place.

The global blockchain industry saw a surge of almost 645% in fundraising in 2021. Besides, it had more investment and financing events and $30.51 billion in publicly declared finance. The market is rapidly expanding, with new entrepreneurs and novel industries emerging.

The blockchain industry is highly competitive, with many job seekers competing for a limited number of positions. As a result, employers are looking for the best and brightest in the field, with a strong preference for candidates with a Master's degree. This is a trend we're seeing across the board in the blockchain industry, and it's likely to continue as the sector grows.

Elizabeth Kerr

Elizabeth Kerr

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