The last weeks and months have been anything but rosy for the crypto market. Falling prices and bad news have strongly impacted the mood in the crypto ecosystem – the catchword FUD (Fear, Uncertainty and Doubt) has made waves. In some reports the impression could be quickly gained that the crypto economy is at an end. We consider this a misjudgement and would like to outline in our 10-part article series why 2018 can develop into an outstandingly good year. Today: Blockchain jobs.
In the 5th part of the Goodbye-FUD-series we met Prof. Dr. Blockchain. He studied, did his doctorate and now passes on his knowledge to students. But what do they do after their training? Together, we take a look at the time after graduation and clarify today: How does the labour market react to the blockchain and what potential does this offer for employees?
Rationalization Machine Blockchain
Whoever first hears about blockchain technology and its possible effects could actually get a little scared: From the Internet of copies to the Internet of originals – is this the next wave of digitization? Could it cost me my job? And here the answer is: yes – it could, of course! The good news, however, is that as with the Industrial Revolution and the development of the Internet, there will be new jobs, many of which will be filled by people – even if they lose their jobs as a result. In addition, the blockchain will create some entirely new jobs. Therefore, we present jobs that have opened up in the meantime. Although the crypto market has cooled down somewhat in recent weeks and months, this is by no means the case for job offers in this area.
Blockchain employees: more than just techies and math freaks
Some myths spin around the jobs and the people in the crypto world: It is rumored that our new favorite technology is being worked on by overly cunning tech freaks, programmers and mathematicians who rarely see the light of day. In any case, highly talented people are working on this technology. Graduates from the natural sciences such as computer science and mathematics are very popular. In addition, a position in software development requires programming skills and the use of current development tools & methods (e.g. Java, Solidity, Go, Scrum). In order to land the most talented people, blockchain companies and those who want to become blockchain companies can come up with some ideas. In addition to sometimes horrendous salaries, there are other advantages: Employees are recruited with flexible working hours, flat hierarchies, intensive introduction and further training opportunities as well as attractive social benefits. Otherwise, many are motivated by the fact that they are part of a digital revolution.
Jobs for career changers
Companies are not only looking for employees for IT-heavy jobs. There are also good opportunities as an economist or as a career changer with a feel for the industry. In the area of consulting or marketing and business development, people with an understanding of the blockchain are sought. If you take a look at the job exchange of the online career network Xing, you will currently find 137 blockchain jobs. A good 50% of these are jobs in IT and software development. 16% of the offers are advertised in consulting and the rest are in the fields of marketing, research and miscellaneous.