Nine Billion Dollars Wealth Management - According to data provided by the largest employment website, the number of U.S. jobs in the blockchain sector has increased significantly this year. Data just released at Indeed.com (job site) shows that this figure has risen 207% since December this year. Even more dramatic is that since November 2015, the number of blockchain jobs has risen 631%.
The glitz of digital currency in 2017 is overshadowed by the blockchain, but current data suggest that 15 of the 18 most popular industry jobs specifically refer to "blockchain." And, as a percentage of the total number of sites published, the overall number of jobs in the blockchain industry increased from about one million to about 30, a slight increase from the number of positions available on the site.
Although many industry watchers may not need to know the magnitude of the blockchain industry's massive growth over the past year, quantification is interesting, especially since it involves disagreement between the number of jobs searched and the number of jobs posted. Earlier this year, the number of jobs searched was close to the number of jobs posted, with an average of about 20 searches per million, according to the photos provided by Indeed. However, from the beginning of this year to the present, the search blockchain frequency of work has tripled to nearly 100 searches per million.
The combination of explosive job growth in the blockchain and the interest of job seekers has created a warm environment in which leading employers are competing for top talent.
Indeed, Terence Chiu, vice president of product at Indeed.com, said in an interview: "While the number of opportunities and searches is still small, Indeed data shows that companies are increasingly looking for experts to focus on blockchain technology and jobseekers are quickly React.
Not just technicians
While almost all work on Indeed.com is technical, not all employers are developers or engineers.
This year also marks the birth of the Crypto Jobs List website, which is dedicated to employment opportunities in the cryptography industry. In September, when the website was launched, it promised not to copy the post information of other websites but only released the original information. The website had discovered the non-technical business opportunities in the industry. An average of two job postings are released daily, so far, the site has listed 90 blockchain jobs and is currently planning about 20 jobs. Those already posted include writers, traders, marketers and lawyers.
Raman Shalupau, founder and director of development at the site, described the diverse needs, saying: "Despite the overall increase in demand for Solidity Smart Contract Engineers and core engineers, there are many more positions for non-technical staff use."
According to the data provided, Deloitte, one of the largest industry employers, currently employs about 800 people in the blockchain area, but only 400 of them are blockchain developers or architects. The other half positions include business analysts, strategic and technical consultants, tax and accounting specialists. According to Eric Piscini, head of Deloitte's program that oversees most of the company's blockchain operations, it is an increasing trend to estimate that 75% of all blockchain jobs come from cross-training existing staff. He said: "When I woke up every morning, the first thing I think about is where can I find more people to join the team?" In addition to cross-training employees, Deloitte hired many employees from educational institutions and Deloitte is one of the biggest recruiters, according to Indeed.com.
Outstanding employer
However, not just the types of opportunities vary widely, but also the types of employers.
On the Crypto Jobs List, the top three blockchain employers are the interoperable smart contract startups Wanchain, Ethereum client software company Parity Technologies and the asset management company Cindicator. On the other hand, Indeed.com is more attractive to traditional companies, with industry pillars including Deloitte and JPMorgan, as well as interested beginners including eBay, ESPN and Uber all using Premium Prime Services to actively seek job seekers.
The reporter also contacted several other large blockchain companies to understand the changes in the employment figures.
According to Simon Clarke, Global Talent Leader, R3, Distributed Ledger Union, the Alliance raised $ 107 million in venture capital earlier this year, increasing its staff from 30 in early 2016 to 90 in early 2017. Today, So far up to 150 people. Clarke said that R3 must become more competitive in pay, while focusing on creating a culture that encourages employees to stick to it. "It's no secret that blockchain expertise is in huge demand today, and companies are looking to hire the best talent that job seekers are very picky about where they finally choose."
Computing giant IBM said that other large enterprises are not the biggest threat to attract talent. According to Mike Schade, the company's vice president of human resources and corporate culture, blockchain startups are the most attractive places for jobseekers.
Since the beginning of this year, the number of employees in IBM's blockchain has grown from 400 to 1,500, primarily by giving these employees their largest clients, which startups typically provide. However, if that does not work, Schade says the company even has friendly relations with the blockchain employees who have left and can rehire them when their careers have failed. He told reporters: "We are in close contact with them."
A new type of employee
According to Andrew Keys, an early employee of Ethereum startup incubator ConsenSys, blockchain technology is also changing the nature of employment in addition to simply changing the relationship of these companies with former employees.
Keys, formerly head of the company's global business development, is itself an example of a constantly changing arrangement that helps change the meaning of employees for the company. Keys is now a co-founder of ConsenSys Capital, but it is only one of ConsenSys' 25 "subsidiaries." Each subsidiary has its own founders, who interact with the business center on their own.
However, in addition to their job titles, Keys and other employees are "members" of ConsenSys, meaning they have different vested interests in the company's success. The company increased from about 100 employees in January to about 470 employees today, offering a range of pay packages, including varying degrees of equity, salary, tokens and other distribution arrangements.
Keys told reporters: "We are blurring the relationship between employers and employees."
Threat of job?
However, the total number of blockchain jobs in the final economy may be more difficult to calculate than any other sector, as do other jobs. Although job figures are always an estimate, the role of the blockchain can often be difficult to quantify because many people in the industry use kana or anonymity.
However, this is not the only reason that the blockchain has a hard-to-calculate impact on the job market. The frequently touted shared distributed ledger "Increasing Efficiency" has become the more widely used retrenchment.
Earlier this year, Blythe Masters, founder of Digital Asset Holdings, warned that there is no guarantee that the blockchain will be the winner in the employment industry.
In agreement, Ikuma Ueno, a senior digital strategist at Mizuho Bank, is working on blockchain. Earlier this year, Ueno delivered a speech at the Sibos bank meeting and said in an interview that it is the employer's responsibility to retrain the staff if the blockchain is not working. He said: "It is not feasible for employees who have been in an industry for 25 or 30 years to work hard to get them to sell," he concludes: "But when you try to take a new approach, you have to Consider this. "
