USA: Rapid growth in blockchain jobs

Blockchain technology is creating more and more jobs in the USA. Despite the bear year 2018, the number of job offers from US blockchain companies has increased by 300 percent.

While the crypto market around Bitcoin & Co. is currently moving sideways at best, blockchain-related occupations in the USA and elsewhere can record significant growth. This is the result of the latest analysis of the Glassdoor job and evaluation portal.

Glassdoor searched its own database and found significant growth in job offers in the crypto sector. Glassdoor recorded 1,775 job offers (as of August 2018) for this sector – 1,329 more than in the previous year.

Two cities dominate in particular the Bitcoin news trader scam

New York and San Francisco, with 24 and 21 percent respectively, are by far the cities with the most in the USA. San Diego in California ranks third with a share of only 6 percent as seen here After all, around 21 percent of jobs are spread across the whole country beyond the Bitcoin news trader scam metropolises.

The profession of software developer is particularly in demand. At 19 percent, just under every fifth job offer relates to this occupational field. The second most frequently sought are intermediaries between companies and technology analysts (analyst relations), followed by product managers.

Attractive payment for the Bitcoin formula scam

Companies appear to be willing to reward Bitcoin formula scam review accordingly. Glassdoor’s figures show that occupations in this sector generate an average annual income of 84,884 US dollars. This is significantly more than the Bitcoin formula scam US average, which Glassdoor estimates at 52,461 US dollars in an August 2018 report. Depending on the occupational profile and location, annual salaries in the US blockchain industry range between 36,000 and 224,000 US dollars.

At the forefront: ConsenSys and IBM
Most employees are looking for IBM and ConsenSys. With 214 jobs each, they are together responsible for almost a quarter of the job advertisements. The Coinbase crypto exchange ranks third (4 percent or 63 offers).

Glassdoor also took a look at the international blockchain hubs. This is where most experts are sought in London, followed by Singapore, Toronto, Hong Kong – and Berlin.

Anyone looking around for blockchain jobs in Germany (even outside Berlin) might want to take a look at our job exchange. Who knows, maybe “What with Blockchain” will become the new “What with Media” in the not too distant future?

Bitcoin struggles with mainstream acceptance

The number of companies accepting Bitcoin continued to grow very slowly in Q1 2015. The reason for the slow acceptance of Bitcoin by the companies is less the interest of the companies in Bitcoin than the slow spread among the general public.

In Q1, a total of 1 million new Bitcoin Wallets were created, reflecting 14% growth. In February, Blockchain Wallets broke the 3 million mark.

For 2015, CoinDesk forecasts a total of 12 millionne wallets

Wall Street’s interest in Bitcoin was mainly due to the migration of financial managers to the Bitcoin industry (slide 77).

Leading banks such as Citi and UBS have also launched their own programs to further explore the blockchain. This development enables Bitcoin start-ups to establish important links to the traditional financial system.

The latest version of the New York BitLicense was published in February (slide 80). Even though a positive development could be observed in principle, some passages of the license still raise questions and require clarification.

Positive signals from Wall Street and regulators

The British Ministry of Finance also announced a new regulatory framework for digital currencies. The draft is generally seen as a positive development.

Mark Preuss is founder and managing director of BTC-ECHO
After studying economics in the Netherlands and China, he held various positions in finance, first in Switzerland and finally in Düsseldorf. Early on, he became enthusiastic about digital currencies and blockchain technology. In the absence of a contact point in German-speaking countries, Mark finally decided at the end of 2013 to launch BTC-ECHO, his own media platform for digital currencies and blockchain. Since then, he has developed BTC-ECHO into the most widely used German-language platform for crypto currencies.