Big Companies are Hiring Blockchain Experts As Crypto Job Opportunity Demand Grows

Big Companies Hiring Blockchain Experts As Demand Grows

Are you specialized in dealing with the blockchain technology? If you are, we have great news for you. Blockchain developers are now one of the most sought-after commodities in the job marketplace at the moment.

With a lot of jobs opening and not a lot of professional, this skill set has been very valuable lately. Some companies are even offering salaries of more than $100,000 USD per year for these professionals lately.

Blockchain Freelancers Required

According to a recent survey created by Upwork, the blockchain technology is one of the fastest growing skills in the United States during the first half of 2018.

The report showed that, in a list with over 5,000 skills, blockchain has topped it for two consecutive quarters. Just like “cloud” skills were in the mid-2000s, blockchain is right now, the report states.

Not Just In The Freelance Market, However

Fortunately for the blockchain experts, not only the freelance market needs them. There is a high demand for blockchain developers from startups and even from large companies like IBM, Microsoft and Google, which dominate the technology sector and intend to create their own blockchain-based networks.

IBM alone has more than 400 blockchain projects right now and over 1,600 employees dealing with this technology, having 150 job opening alone recently. Juniper Research has recently named IBM as the number one blockchain vendor in the market.

According to the CEO of Burning Glass Technologies, Matt Siegelman, blockchain experts and developers earn, on average, $130k USD a year. Software engineers, on the other hand, get only $105k USD a year on average. Highly concentrated tech hubs pay even better, especially in the Silicon Valley, Boston and New York. The average salary of a developer can reach $158k USD in these places.

Switzerland seems to be paying even better, an average of $120k to $180k USD annual. Engineer consultants working in this market can easily charge between $50 and $100 USD per hour.

Recently, Vitalik Buterin, creator of the Ethereum blockchain, has told the media that he had a job offer from Google. This means that the companies are eyeing these prominent experts and that there is a lot of money to be made from this market right now if one is interested in joining it.