Is Bitcoin Price Surge Leading to More Blockchain-Related Tech Jobs?

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With the price of Bitcoin skyrocketing, technologists are undoubtedly wondering whether the demand for jobs using blockchain, the technology that underpins modern cryptocurrency, has increased.

As with so many technology jobs, the answer is a little complicated. Burning Glass, which collects and analyzes millions of job postings from across the country, shows us that a very small percentage of popular tech jobs (such as software developers) mention blockchain in their job postings. However, all the signs indicate that the demand for blockchain capabilities will increase significantly over the next decade. Let’s take a look at the table:

In other words, blockchain knowledge could lead to more job opportunities in the next few years, but the vast majority of companies don’t seem particularly hungry for it right now.

But here’s some good news for those who have already devoted the time and resources to learning all about blockchain, cryptocurrency, and related technologies: Jobs with blockchain have an average salary of $ 97,000, with six-figure compensation easily unlocked with only a few years of experience. Additionally, virtually all jobs that currently require blockchain knowledge require a bachelor’s degree. This means you don’t need to earn advanced degrees to get this interview.

Blockchain, of course, has many uses beyond cryptocurrency. In recent years, companies have been researching how to use it in everything from smart contracting to cybersecurity. If you want to learn more, experts recommend exploring online courses like Udacity and Coursera, as well as blockchain-specific websites like Bitcoin.org.

The best thing you can do is “decide which blockchain technology you will learn first,” advises Dr. Stylianos Kampakis, CEO of the Tesseract Academy, on blockchain-related education. “Ethereum is a good bet as it is very popular. I wouldn’t start paying for a class. I would take care of free courses. If someone is already able to write code, learning to code blockchain isn’t difficult. “

The use of blockchain by businesses is often incredibly specific. Therefore, it is also helpful to have an idea of ​​what you want to do with the knowledge you have built up. For example, financial needs are very different from cybersecurity needs. As with so many projects, here too you can build experience and knowledge by helping with open source blockchain projects on GitHub and other repositories.

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