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Today LinkedIn has revealed its first five emerging careers and, in agreement with other recent data, has discovered that the blockchain developer is at the top of the list.
The job listings for those who can create registries distributed using a peer-to-peer topology – the blockchain construct – have grown 33 times in the last year, according to the 2018 Report on Emerging Business in the United States . Secondly, there are the engineers of machine learning, positions for which they have grown 12 times in the same period.
Completing the first five jobs in 2018: responsible for the sales of the application, specialist in machine learning and medical professional representative.
With the increase in blockchain jobs, even the programs that train developers and others in blockchain skills are just as numerous. For example, after creating an online course on cryptocurrencies and blockchain networks on a corporate scale, UC Berkeley registered thousands of registrations.
"It is not surprising that we are witnessing an explosion of machine learning roles and the continued growth of data science roles, in fact we have started to see new ones in last year's report, however both fields are starting to see more specialized roles emerge, "Guy Berger, chief economist at LinkedIn, wrote in a blog. "You might not be surprised that Blockchain Developer is at the top of the list after the increase in interest this year around blockchain and cryptocurrency."
Although bitcoin cryptocurrencies have lost up to 80% of their value this year, the number of consumers buying digital currencies has almost doubled, according to a new report by the Cambridge Center for Alternative Finance at the 39; University of Cambridge.
Cambridge Center for Alternative FinanceAccording to the report, the current number of unique active users of cryptocurrency portfolios – databases that store hash keys linked to the digital currency of ownership – is estimated between 2.9 and 5.8 million dollars. It was based on survey data from nearly 150 cryptocurrency companies and people in 38 countries.
At least 1,876 people work full-time in the cryptocurrency sector; the actual number is probably more than 2,000 when large mining organizations and other organizations that have not provided management services are added, according to the Cambridge University report. The companies interviewed said they had an average of 21 full-time employees, but the existence of several large companies with a larger workforce could distort the average. The researchers said it is also useful to note the average number of employees, which is nine.
The lines between the different sectors of the cryptocurrency industry are increasingly blurred: 31% of cryptocurrency companies operate in two or more sectors, giving rise to a growing number of universal cryptocurrency companies.
LinkedIn The rush to find blockchain developers has also put pressure on salaries in the field. Blockchain developers now command up to $ 175,000, according to Hired, a job recruitment company.
In the last 12 months, total job offers for blockchain skills have increased up to 12,006, according to the data analysis company Burning Glass Technologies. This represents a growth rate of 316%. (In June, Burning Glass reported 5,743 blockchain development work.)
LinkedIn reported that the best skills for blockchain developers include Solidity (a programming language for creating smart contracts); Ethereum (an open source blockchain that includes a cryptocurrency); Development of cryptocurrencies; and Node.js (a JavaScript used to write command line tools on nodes or blockchain servers).
The best industries they hire are IT and related services, computer software and Internet companies. The three best companies that hire blockchain developers are IBM, ConsenSys and Chainyard.
Cities where the demand for blockchain developers is higher include San Francisco, New York City and Atlanta, according to LinkedIn.
"Only time will tell if the blockchain will be a long-standing trend in the labor market," Berger noted.
Cambridge Center for Alternative FinanceLinkedIn is just the latest job-oriented site to highlight the surge in blockchain work.
Janco Associates, a management consulting firm conducting annual salary surveys, said in October that the average salary for a blockchain developer was $ 127,000, with experienced individuals commanding upwards of $ 172,000 when they moved into new organizations.
Janco Associates"The jobs of ERP and Blockchain are in high demand and individuals can expect wages to continue to rise," Janco CEO Victor Janulaitis said at the time.
The hired CEO Mehul Patel stated in a previous interview that since the launch of blockchain as an expert on his company's platform at the end of 2017, Hired recorded a 400% increase in the demand for blockchain engineers.
"It is interesting to note that the blockchain engineer has not yet consolidated as a stand-alone title, but the blockchain is increasingly being included as an area of expertise for back-end, solution architects and machine learning engineers", said Patel.
