Cryptocurrencies and blockchain technology are dominating the world, as each and every day more countries, companies, public services, and other entities apply both of them to reap the benefits of the “future of money,” in the case of the former.
And thankfully, if an average person is interested in looking for a job, there are plenty of openings to go around thanks to the boom of companies that provide these services and that use them. As a consequence, those people seeking employment in the blockchain or crypto industries are in a position to secure a good, stable payday.
According to a popular job listing site, the number of ads in shares per million uploaded by blockchain, crypto and bitcoin-related companies and firms increased by 26% in the period from 2018 to 2019 after an impressive trend of 1,457 percent growth in the field that lasted four years, per data extracted from a study performed by “Seen by Indeed.”
However, people’s searchers for sector-specific jobs and openings dropped a sizable percentage (53%) in the period discussed above, after an even longer downward trend, per the study from the company.
In fact, the enthusiasm of people in looking for blockchain and crypto-related jobs reached its highest point near the end of 2017, which is not at all surprising considering that it was the famous price increase that saw Bitcoin reach its all-time high of nearly $20,000 by early 2018. Since that moment, the world’s premier crypto asset has been slowly going down.
However, we have now seen how quickly a bull run can drive up Bitcoin’s value, and there is a strong possibility that with another price surge comes a renewed interest from the workforce is looking for a job in the blockchain and cryptocurrency industry.
Examining the study in detail shows that 2019’s top five sector jobs being posted by managers and employers around the world are nearly all related to the digital world and computer work: software engineering, full-stack developer, software architect, and other related positions are some of the most frequent openings in enterprises.
Companies Looking for Blockchain Specialists
The five most prominent companies looking for talent to work with blockchain and related affairs are, ranked first through fifth, Deloitte, IBM, Accenture, Cisco and Collins Aerospace. Ernst & Young is also a top 10 firm, joined by the likes of Coinbase, Overstock.com, Ripple, Circle, Kraken, and Consensys.
Other prominent and widely known companies such as the JP Morgan Chase bank and the Signature Bank complete the top 15 in the ranking.
There are numerous banks, cryptocurrency exchanges, and tech companies at the top of the list. However, there aren’t many prominent telecom firms, as only Verizon is in the top 15, ranked tenth to be exact according to Indeed.
According to Indeed, the number of jobs will keep going up next year “even in the face of extreme price volatility and regulatory uncertainty of cryptocurrency.”
By Andres Chavez