According to Robert Walter recruitment firm, there has been an increase in the job opportunities in the blockchain industry, even amid the bearish trend of the cryptocurrency market. A CNBC report noted this.
The Cryptocurrency Market and the Effect
The cryptocurrency market during its hay period a year ago witnessed a massive influx of investors and job opportunities related to the market. However since the market started to nosedive in January of this year, there has been a market shed of over $600 billion, and it has impacted the level of interest and job opportunities on the digital currency.
This opinion is shared in the thought of an Indeed spokeswoman that “the situation in Asia seems to mirror the U.S. 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.”
The Indeed’s data affirmed the trajectory of low bitcoin job opportunities in the bitcoin industry after the price fell off since the beginning of the year, nevertheless, blockchain related job opportunities have skyrocketed.
The Blockchain Job Rush
Job related to the underlying technology of cryptocurrency, blockchain has seen a 50% increase in Asia even in the trend of the bearish market. Robert Walters, a recruitment firm, informed CNBC on the details of the rise in blockchain jobs since 2017.
The reason for this can be attributed to the reason for the rise in demand for blockchain experts to that of bitcoins because of the awareness and acceptance it has received.
High impact news on blockchain technology since the beginning of the year had been more of adoption by countries, tech firms, among others. Even states that are wary of adopting cryptocurrency have implemented blockchain tech fully for its future development. Such includes countries such as China, Saudi Arabia among others.
The value that the blockchain tech field gives every facet of the society has created an unending niche for the tech presently, as it transforms every aspect of the human community. Bitcoin is just a part of many facets the blockchain tech transforms.
The broad adoption of the blockchain tech in transforming the academic, marriage, transportation, career, supply chain, the financial world among others, has led to the increase of its study in the university and online courses as many seek to annex the importance of the nascent industry. The trend as it’s applicable in Asia is also same as other parts of the world due to Blockchain tech growth.