Fast growing crypto business creates 10,000 jobs


BENGALURU: According to data from the specialist personnel service provider Xpheno, there are currently more than 10,000 active positions in the cryptocurrency segment in India. Mumbai, Bengaluru and Gurgaon are the hotspots for such jobs and together make up 60% of the vacancies.
The most important skills required in the segment are blockchain specialists, machine learning specialists, security engineers, RippleX developers, and front and back end developers. RippleX is a global payments platform that enables developers and users to send and receive payments across any currency and network.

The job market for cryptocurrencies has grown along with investments in the digital asset, which has caught the attention of larger companies like Amazon and Apple. A number of crypto exchanges are doing well in India through which millions of people invest in cryptocurrencies.
CoinDCX, India’s first crypto unicorn, is hiring tech people who can empower its product, improve security, and build platforms. “Our focus is on Node.js, cyber security, blockchain, AWS, Java, PHP, Python and data structures,” says Mudita Chauhan, Head of Human Resources.
Prasadh MS, tech specialist at Xpheno, said the average salary packages for some of the niche and specialty skills are seeing handsome increases as the talent war intensifies. The largest borrowers are banking and financial services companies, digital wallet and payment gateway companies, the MNC captive centers, and the traditional software services companies.