Blockchain Job Industry Sees Sustained Uptick Despite Volatile Crypto Markets

Data indicates that the blockchain job industry has seen a sustained uptrend in Asia, while cryptocurrency-specific applications appear to wax and wane with volatile markets, CNBC reports August 31.

Recruitment firm Robert Walters told CNBC that it has seen a 50 percent increase in the number of roles related to blockchain or cryptocurrencies in Asia since 2017, noting that developers skilled in Python language programming are among the most coveted of applicants.

Data from job search engine Indeed’s main Asian markets — comprising Australia, India, Singapore and Malaysia — reportedly reinforces that interest in blockchain and other crypto roles appears to have been more consistent among job-seekers than Bitcoin (BTC)-related positions. An Indeed spokeswoman told CNBC that:

“The situation in Asia seems to mirror the U.S. in that Bitcoin [job search] trends are much more volatile (and related to price volatility) and resulting media coverage while blockchain and cryptocurrency searches have seen a more consistent upwards trajectory.”

Indeed’s data reveals that Bitcoin job interest in Asia trended lower after the coin fell off from its all-time-price highs last December, while blockchain industry interest has sustained a strong uptrend.

TenX’s Julian Hosp confirmed his start-up’s experience that “”[when] crypto is doing well…we get huge inbound from people [who] feel, ‘I need to jump on this wave. And then when … crypto go[es] down — and we saw this at the very beginning [of 2018] and we’re seeing this right now — people [think], ‘Oh no, this is a dying industry, I shouldn’t go in there.’ So it’s completely emotional.”

Established financial firms, unlike crypto and blockchain startups, tell a slightly different story. Justin Chow, Asia head of business development at Cumberland, the crypto division of proprietary trading firm DRW, told CNBC that for capital markets professionals, price decline is “not a big issue.”

CNBC notes that in China — where a stringent government stance against cryptocurrencies is counterbalanced by an enthusiastic official endorsement of blockchain technology — regulatory climate is another major factor.

Wayne Zhu, a founding partner of the NEO Foundation’s venture capital arm, told CNBC that China’s strictly regulated capital market environment is pushing finance professionals into the crypto space: “people think, ‘Where [can I] actually close deals, [where can I] actually help companies to get money, to get liquidity and the money they need to grow [my] business?'”

Earlier this summer, Cointelegraph launched a job listings platform for applicants to seek opportunities within the blockchain, fintech and crypto industries.

Author: Cointelegraph By Marie Huillet

Source link

Related posts

18 Thoughts to “Blockchain Job Industry Sees Sustained Uptick Despite Volatile Crypto Markets”

  1. 醫學美容-排水-珮夫人-cosmetic-wiki

    香港美容專欄作家Yoko Tsang: 買書> 答問題> 贏$1,600 Tempur太空枕頭 香港美容專欄作家Yoko Tsang: 買書> 答問題> 贏$1,600 Tempur太空枕頭

  2. 醫學美容-逆齡-燃脂-cosmetic-wiki

    小S :「我問蔡康永,有沒有後悔找我當女主角,他說一點都沒有,妳還是我唯一的人選。」 Marie Claire (HK) Edition 離開待了12年的節目《康熙來了》之後,小S「失業」了一段時間,但沒見她閒下來過,依舊以她自己的方式出現在大家面前,「我是個很怕無聊的人」小S說。 Oops!一不小心就會煮菜了 關注小S的人就知

  3. Football Solutions UEFA Women's Champions League - Barcelona - Bárbara Latorre - Statistics

    Fans of Barclays Premier League clubs could receive a huge boost as the Spanish government plans to introduce a 56 per cent tax band for top earners. Premier League to benefit as Spain announces 56 per cent tax band for top earners

  4. Football Solutions Futsal EURO 2014 - Georgia-Moldova

    United have made their worst start to a league season since 1989-90 and put in an uninspiring performance in a goalless draw against Valencia in the Champions League on Tuesday night. Under-fire Jose Mourinho brings forward press conference to 8am on Friday as he battles to keep his job

  5. Petrenko takes Torpedo job

    The FA will go ahead with plans to implement a mid-season Premier League break ‘very soon’, the governing body’s chief executive Martin Glenn has said. Premier League FINALLY chills out over winter break as they prepare to follow Spain, Germany and Italy

  6. ETIAS Visa

    Hi there are using WordPress for your site platform?
    I’m new to the blog world but I’m trying to get started
    and create my own. Do you require any html coding expertise to make your own blog?
    Any help would be really appreciated!

  7. psilocybin mushroom chocolate bars for sale

    … [Trackback]

    […] Find More Info here to that Topic: […]

  8. buy golden teacher mushrooms

    … [Trackback]

    […] Information on that Topic: […]

  9. cc cvv shop

    … [Trackback]

    […] Read More Info here to that Topic: […]

  10. codeless tools

    … [Trackback]

    […] Find More on that Topic: […]

  11. Bastet Chaturbate

    … [Trackback]

    […] Read More Info here to that Topic: […]

  12. Anonymous

    … [Trackback]

    […] Read More on that Topic: […]

  13. go to this web-site

    … [Trackback]

    […] Here you can find 97788 more Info on that Topic: […]

  14. valid cvv shop,buy bins cvv

    … [Trackback]

    […] Find More to that Topic: […]

  15. nova88

    … [Trackback]

    […] Read More here to that Topic: […]

  16. dumps with pin atm

    … [Trackback]

    […] Read More Information here to that Topic: […]

  17. golden teacher mushroom for sale

    … [Trackback]

    […] Read More to that Topic: […]

  18. sbo

    … [Trackback]

    […] Info to that Topic: […]

Leave a Comment