Blockchain development skills are rare and lucrative!!

Sep 05, 2017

Now is a great time to become a Blockchain Developer. The crypto economy is blowing up as hundreds of new startups and established companies race to create Distributed Ledger Technologies (DLT) that will power Web 3.0. According to CBInsights, over $2 Billion Dollars have been invested into the Blockchain, Bitcoin and Fintech sectors over the last year between VC investments and individual ICO’s.

Just look at the diversity of companies hiring in this space.

Talent in this space has never been more in demand! According to Evans Data, there are an estimated 21M developers in the world with various programming skills. Just to demonstrate how rare blockchain skills are, there are:

  • Approximately 9M Java Developers
  • Approximately 5M PHP Developers
  • Only 10K-20K Blockchain Developers!!!

According to the Financial Times, demand for BlockChain talent is at an all time high with job postings on LinkedIn tripling since last year. According to the article:

“Is there a talent bubble? Yes. We haven’t even seen it yet,” said Jerry Cuomo, IBM’s vice-president of blockchain technologies. “There is an entirely new way for businesses to interact — it is awesome and as this takes root it will be revolutionary.”
The best blockchain engineers can command a salary above $250,000, Mr Cuomo said. “It is on the high side of what a really talented consultant or software engineer can earn,” he added. “Demand is exceeding supply, so we are seeing shortages. It is up there with the cloud and artificial intelligence as a really hot area.”

At Jobs on the block we want to make sure that you present yourself in the best light for these lucrative roles. We will be publishing a 5 part series to help you get acquainted with this new technology.

  1. The most useful background information on Blockchain Technologies
  2. Most important skills for Blockchain Developers
  3. The best books for learning to develop Blockchain Applications
  4. The best online classes for Blockchain Development
  5. The best Bootcamps and Coding Academies to learn Blockchain Development

Stay tuned!


Originally published at jobsontheblock.com.