Blockchain Jobs Are On The Rise Despite Global Crisis

In times of a global pandemic and a recession on the markets, it appears that blockchain jobs are on the rise and not suffering. Meanwhile, we can see that the US alone recently hit the highest unemployment rates in its history.

One of the largest cryptocurrency exchanges in the United States, Kraken, is now looking to increase its job force by 10% despite all the recent dips in the prices of Bitcoin and other altcoins – something we reported in our cryptonews. According to a report on Forbes published on March 26, the exchange’s team counts 800 members and will be adding an additional 67 hires to the company over the coming weeks.

Many of the company’s openings are related to blockchain, which shows that blockchain jobs are on the rise and the exchange is looking for people that are professionals with skill sets focused around this technology.

If we take a look at Indeed.com, we will see that there were 114.5 per million blockchain jobs last December, right before the first coronavirus cases emerged. Now, the blockchain jobs are on the rise and there are 118.4 blockchain jobs per million, as reported by February 2020.

The blockchain news also show that the industry experts are bullish towards the crypto market. According to Jihan Wu, who is the founder of Bitcoin mining giant Bitmain, gave his first interview of 2020 at a Chinese blockchain media event. This is when he revealed his continued optimism for a crypto market bull run over the coming year. As he explained:

“There are two reasons: first, from China and its neighboring countries experiences, coronavirus can be obtained and taken under control in about 2 months. Secondly, countries around the world are adopting great quantitative easing monetary policies.”

We also have Tyler Winklevoss, the co-founder of the Gemini cryptocurrency exchange who said on Twitter that Bitcoin is “only vaccine in the world that can give you immunity to the money printing disease.”

It is a good thing to see that blockchain jobs are on the rise. As we previously reported, these positions are among the most in-demand hard skill in 2020, along with cloud computing, analytical reasoning as well as artificial intelligence (AI).