Demand for blockchain jobs rises even as prices struggle
Recruitment company Robert Walters said it had seen a large increase in the number of jobs in the blockchain industry since 2017, despite cryptocurrency price falls that might have been expected to cool demand.
In its Asia region, the recruiter said it had seen a 50% increase in the number of roles related to blockchain or cryptocurrencies. Developers with Python computer language programming skills are highly sought after due to its use in blockchain.
Growth in blockchain use
While blockchain underpins the cryptocurrency industry, its growth outside this sector has been impressive, with new use cases for the distributed ledger technology being tested every month.
There is also strong interest from job seekers according to data from job search engine Indeed, says broadcaster CNBC.
While jobseekers looking for positions inside cryptocurrency-related firms show similar volatility to crypto-asset prices, the number of those looking for blockchain jobs outside of the digital asset sector has remained more stable.
“The situation in Asia seems to mirror the US in that bitcoin [job search] trends are much more volatile (and related to price volatility) and resulting media coverage while blockchain and cryptocurrency searches have seen a more consistent upwards trajectory,” an Indeed spokeswoman said.