The blockchain boom in Asia (although crypto prices drop ...)

The blockchain boom in Asia (even if crypto prices drop ...): the demand for professions for the technology sector is growing.

The boom of the blockchain in Asia (even if crypto prices fall…) - crypto asia 1024x600

La blockchain technology, the same that is the basis of some notes cryptocurrency such as Bitcoin, provides (in summary) the digital recording of transactions on an accessible block chain, such as to protect the authenticity of the operations and their invariability over time. Versatile and flexible, it can be declined not only in the financial sector, but also in many other industries.

Well, the much declaimed blockchain technology It has actually been adopted in the last two years by both start-ups and more established companies, but the main interest in the ecosystem only spiked last year, when the prices of the cryptocurrency rose steeply.

Anyway, today the blockchain it is a sufficiently mature and promising technology to be able to detach itself from the cryptocurrency world alone. And if job vacancies are indicative in this sense, its popularity will increase. The recruitment agency Robert Walters for example, he said he saw a 50% increase in the number of professionals required, related to blockchain or cryptocurrencies in Asia from 2017 to today, with developers with Python skills to be among the most sought after.

On the other hand, there is also a strong interest from jobseekers: according to data from the job search engine on the main Asian markets of Asia, Australia, India, Singapore and Malaysia, there has been a great growth for the proposal of professionals in the roles blockchain.

However, due to the recent relative birth of the cryptocurrency industry, many of those who enter the ecosystem actually come from other industries. "We almost never hire people who are" born "into cryptography because most of them are very inexperienced. There are few people with deep experience in the cryptography industry, "said Julian Hosp, co-founder of the Singapore crypto portfolio, TenX.

"The situation in Asia seems to mirror that in the United States, as job search trends in this area are much more volatile (and related to price volatility)" - said a spokesman for Indeed.