New research published by the blockchain professional services firm Wachsman found that three out of four people in Ireland would not consider a blockchain career.
Would you consider a blockchain career? Statistically, it is unlikely – at least, according to new research published by the professional service firm blockchain Wachsman, which concludes that as many as 75% of Irish would not enter the industry.
The research, which tried to investigate attitudes towards and knowledge of the blockchain among the Irish, cites a general lack of understanding as the main factor. More than half (53%) of respondents say they do not understand what blockchain technology is. Respondents also mention the lack of information (38pc) and unsuitable educational backgrounds (10pc) as entry barriers. Of the 1,000 respondents in Ireland, those aged 25 to 34 were most likely (38%) those who wanted to pursue a blockchain career.
The study also found a gender inequality in the responses. Women (20pc) were less likely than men (30pc). Of those who would not consider a career in blockchain, women were more likely than men to say they did not know that it is blockchain technology – 61pc in fact, compared to 44% of men.
The understanding gap increases with age, the survey was further detected. Those aged 45-54 were more likely (62 percent) who claimed they did not know what blockchain was, followed by those aged 55-64 (54 percent).
"The results of this study are remarkable," commented Wachsman CEO and founder David Wachsman. "Ireland boasts one of the most skilled and educated workforce in the world, but most Irish would not consider a blockchain career. because they do not feel they have the "right" background.
"While blockchain is a new technology, concepts, use cases and implementation applications can be learned: quality and quantity of research materials, educational guides and coverage of news about Use of blockchain – from start-ups to blue chip companies – are increasing day by day. "
"With the demand for blockchain technology experts skyrocketing in both Ireland and abroad, it is important for people to realize that a blockchain career goes well beyond requiring an IT, business or finance course.
"Industry beginners in Ireland can be professionally trained and educated about the power and potential of the blockchain because it is rapidly becoming one of the most significant career opportunities of our generation."
Blockchain uses math and cryptography to provide an open and decentralized database or any transaction that implies a value – this is often also known as a digital ledger. It is best known as the technology that allows cryptocurrencies like bitcoin and Ethereum to be traded securely without going through a third party like a bank.
Although its applications have long been mainly financial, a growing number of uses of peer-to-peer technology are being discovered as the understanding of the blockchain deepens. Blockchain has been proposed as the future of voting, the storage of electronic medical records, the provision of identification and more.