If it goes according to the personnel offices of blockchain-affine companies, the bull market is already there. According to a study by Glassdoor, there were over 1,700 job advertisements for jobs in the blockchain sector in August alone.
Crypto job ads have already reached a new all-time high. While the markets are slowly looking for the ground, HR professionals are unimpressed and are looking for qualified personnel. This is the result of a survey published by the job portal Glassdoor in October this year. The authors searched the job portal for job ads containing keywords such as “cryptocurrency” and “blockchain”.
The number of jobs with a crypto reference increased by 300 per cent compared to the same period last year.
The majority of job offers were for technical Bitcoin code:
“Software developer was the most common Bitcoin code job open at Glassdoor and accounted for 19 percent of all crypto job offers. This shows that there is a growing demand for talent to develop Bitcoin code technology.”
So the bear market does not seem to harm the élan of blockchain-affine companies. The fact that companies are investing in the expansion of blockchain applications even in times when there is not much left of last year’s crypto and ICO hype is good news. Because it shows that without looking sideways at the share price development, the ashes of this year’s crash seem to form a solid company basis that could establish itself in the market.
This picture is also confirmed if you take a look at the list of companies with the most expansive hiring policies. These include primarily well-known crypto start-ups such as Coinbase and ConsenSys, but also real heavyweights such as IBM, Oracle, JPMorgan and KPMG.
“In the course of the ever-increasing popularity of distributed ledger technology (DLT), the industry has become increasingly professional, the report says.
The Bitcoin code knew it beforehand
This development can be seen as confirmation of the Gartner Hype Cycles. As BTC-ECHO reported, the Gartner Hype Cycle is a proven heuristic to classify the development phase of new Bitcoin code technologies. Accordingly, the DLT is currently between phase three and four: https://www.forexaktuell.com/en/bitcoin-code-scam/ This means that a completely exaggerated hype is currently followed by the formation of companies that operate sustainably and can thus help the new technology to break through.
Blockchain-related job ads can also be found in our BTC-ECHO job portal.