Demand for Blockchain-Related Jobs Rises as Technology Gains More Popularity

Banks, shipping companies, popular gaming platforms, governments – these are just some of the many sectors that blockchain tech has entered in recent years. And these industries are enjoying the advantages that the technology offers, with them creating projects to see which areas of their businesses will benefit the most from this innovation.

However, blockchain tech is quite a complicated concept as it involves a lot of technicalities related to computing, cryptography, and programming. As such, this new market has created a demand for experts who can enable companies to start blockchain-related ventures and form a specialized team to spearhead these projects, Forbes reported.

Currently, blockchain careers are popular on Upwork, where U.S. companies are seeking out experts. These professionals include engineers, designers, lawyers, and project managers.

Upwork’s data reveals that experts in the blockchain field are rapidly gaining popularity as more than 5,000 users have attained various skill sets on this market. Despite the growth, however, the demand for these new experts is currently higher than what the market can supply for, with companies like the International Business Machines and Samsung trying to take in the most talented candidates.

Blockchain engineers, for instance, are in high demand as organizations are trying to develop a blockchain-based platform that would improve the system they’re currently running on. Moreover, blockchain designers are needed to create frictionless interfaces for ordinary people looking to leverage the crypto market, like traders for instance.

Blockchain legal consultants are also among the most sought-after professional as regulation in this industry is just starting to take shape. Compliance is among the top priorities of companies wanting to enter the crypto space to ensure that they aren’t violating any laws.

This high demand is also the reason why universities are trying to create a curriculum for this exploding market. However, since the technology is relatively new to the mainstream industry, schools are finding it difficult to hire professors that can teach about it in the first place. Add the fact that these experts are instead bringing their talent to companies that are willing to shell out highly competitive salaries and that difficulty just moves up a rung.