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Crypto & Blockchain Jobs’ Share Witnessed 118% Surge In 10 Months, Report Revealed

By Shannon Wilson | September 6, 2021
SIA And Quant Network Finished Testing Finance Institution-focused Blockchain Interoperability Tool

A report with the most up-to-date data focusing on the blockchain and crypto job market reportedly revealed that job demands in the sector experienced a surge, fueled by enhanced institutional adoption. 

Specifically, as disclosed by the employment website Indeed, as of mid-July 2021, the total proportion related to crypto and blockchain job postings on the platform has witnessed a 118% incline, in comparison with the same figure of September last year. 

The significant development was reportedly tagged along by a shift in the roles establishments are looking for, with the proportion representing management posts in crypto and blockchain jumped 29.87% on a yearly basis as of July 16. 

Human resource accounts have reportedly climbed high with a 200% increase throughout the similar timeframe, whereas software development jobs have plummeted to 29.7% of every crypto and blockchain posts, in comparison with 34.8% in 2020. 

According to the observation conducted by the Korea IT Times, blockchain-centric vacancies has a tendency of residing in a high salary range compared to other technology posts, since to be eligible for the jobs, candidates must possess an expertise in cryptography, together with vast understanding of ledger economics and object-oriented programming, among other areas.

While crypto and blockchain – even DeFi – have gained momentum from educational institutions in a steady manner, the report believed that numerous developers in the field are still mostly self-taught, indicating the insufficiency in available education from universities and programs. 

The report additionally disclosed that the dependency on remote staff throughout the global health crisis may show signs of compatibility with a sector which values decentralization, encouraging core developers and researchers to interact with different partners and employers across a variety of initiatives.

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