A recent study revealed that between September 2015 and September 2019, jobs per million in the crypto sector grew by 1457%. This is quite significant and the job numbers probably outperform all other existing sectors of the economy. It is despite the fact that crypto coins have experienced some wild price swings in that period.
The Main Drivers of Growth
Major tech firms such as IBM, Oracle, Facebook, and others are behind this massive job growth. Despite the wild swings in crypto prices, these firms appear to be taking a serious look at the technology that powers crypto and identifying various use cases. Use cases range from improving supply chains to making existing payment systems more efficient.
A good example is the Facebook Libra project. This project has already taken up a huge chunk of the top talent in the crypto sector. In the future, it will require more talent as the project is launched. Government agencies have also not been left behind. For instance, the People’s Bank of China is working on a digital currency. This will no doubt require it to hire experts from the crypto and blockchain space.
The Top Jobs in the Crypto Sector
While there is a lot of demand for crypto and blockchain talent, some positions are more lucrative than others are. Here are some of the top jobs you can find in this sector. It’s worth noting that the cryptocurrency and Blockchain space is very data driven and tends to attract the programming/engineering crowd. If you don’t have interest in any roles below, other areas such as sales and marketing are spiking as well. With the cryptocurrency and blockchain space still being so young, these firms will have to hire talent to push the message as well…
Smart Contract Coding
One of the hottest jobs right now in the blockchain space is coding smart contracts. Many firms are beginning to realize the important role smart contracts can play in various business processes. If you plan to enter the crypto space, honing your smart contract coding skills will pay off in a big way.
Blockchain Developers
Many firms investing in the blockchain see its potential beyond cryptocurrencies. If you want to find a job in the crypto sector, having the skills to design the network and set up the security protocols is a plus. Other things you might do as a blockchain developer include coming up with creative consensus protocols. To get a job in this area, ensure that you have advanced knowledge in data structures.
Blockchain Data Engineer
As a data engineer, you will work with various members of the team to resolve various technical issues that may arise due to data. Besides that, you might also need to create the entire infrastructure needed for data extraction and transformation.
Software Product Manager
In this role, you will need to ensure that upcoming products are created, designed, and delivered within the specified timeframe. As a manager, you will also need to identify product gaps and identify solutions that can fill these gaps.
Summary
If you want to stand out in the crypto and blockchain sector, ensure that you educate yourself on the most popular blockchain development languages. These languages include Bitcoin Script, Hyperledger, Solidity, the Ripple Protocol, as well as upcoming languages such as Rholang. Besides that, you need to keep updated on developments in the crypto sector to identify upcoming job opportunities.
Image Source: Shutterstock
Notice: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. The information has been obtained from sources we believe to be reliable; however no guarantee is made or implied with respect to its accuracy, timeliness, or completeness. Authors may own the crypto currency they discuss. The information and content are subject to change without notice. Visionary Financial and its affiliates do not provide investment, tax, legal or accounting advice. This material has been prepared for informational purposes only and is the opinion of the author, and is not intended to provide, and should not be relied on for, investment, tax, legal, accounting advice. You should consult your own investment, tax, legal and accounting advisors before engaging in any transaction. All content published by Visionary Financial is not an endorsement whatsoever. Visionary Financial was not compensated to submit this article Please also visit our Privacy policy; disclaimer; and terms and conditions page for further information.