Great news for anyone seeking a career in the blockchain or cryptocurrency industries.
The job search engine, Indeed, published a report revealing that people seeking employment in blockchain and cryptocurrency domains have increased significantly. It is also evident by the fact that job ads related to crypto and blockchain have also increased, as seen by the 26% growth from 2018-2019, succeeding a four-year trend of 1,457% rise in these domains!
Meanwhile, other industry-specific job searches saw a drop of around 53% in the same time, which followed a long recession run. As per Indeed’s analysis, the passion among job-seekers increased in late 2017, the time when cryptocurrency was on a bull run, wherein Bitcoin’s price peaked to its an all-time high of $20,000, however, it has gradually dropped after reaching the high.
Going deeper into the report, the top five job postings in the current year, were all related to computers, with the most common positions being that of:
- Software Architect
- Full-stack developer
- Front-end developer
- Software engineer
Additionally, Deloitte, IBM, Accenture, Cisco, and Collins Aerospace featured in the top 5 employers that posted jobs related to blockchain. However, Ernst & Young joined Deloitte in the top 10 as one of the Big Four companies to post blockchain openings.
Nevertheless, companies in the cryptocurrency and blockchain business also posted numerous openings, wherein they ranked as follows:
- Coinbase – 7th place
- Overstock.com – 8th place
- tZERO/ Ripple – 9th place
- Circle – 11th place
- Kraken – 12th place
- ConsenSys – 13th place
Apart from these, banking firms JP Morgan Chase and Signature Bank, occupy the 14th and 15th place on the list.
Unexpectedly, one of the pioneers in the telecom sector, Verizon, is the only company from the telecom sector occupying the 10th place in the employer’s list posting blockchain-related jobs. Even though Verizon has invested significantly in blockchain, and also filed for a patent related to this technology, it has not made any important declaration in this domain.
Lastly, as per Indeed’s report, it forecasts an upward trend of jobs in the crypto and blockchain sector in the year 2020, even with high volatility in prices and ambiguity in regulatory norms that oversee the crypto industry.