LinkedIn Confirms Blockchain Is The Fastest Growing Business Skill in Singapore

LinkedIn released a report in which they say that blockchain is the fastest growing skill in Singapore. There are other countries in the Asia Pacific region that are also registering an increase in the interest companies have in blockchain and crypto-related applications.

  • LinkedIn releases a new report informing about blockchain technology in the APAC region
  • Blockchain is the fastest growing skill in Singapore

Singapore continues to move towards blockchain technology. According to a LinkedIn report released on Wednesday, the Asia Pacific (APAC) region is one of the places were blockchain skills are growing the fastest.

LinkedIn Releases New Report

LinkedIn has just released a new report in which they inform that Blockchain is the fastest growing skill in Singapore. Distributed Ledger Technology (DLT) can be used to create ledgers that help companies and parties improve their efficiency among other things. Workers with these skills tend to be working on roles such as developers, chief technology officers (CTO) and consultants.

There are other important skills in the region that have been expanding during the last years, including artificial intelligence (AI), front-end web development, human-centred design, robotic process automation (RPA) and many others.

Additionally, the demand for these skills is also three times as high as that of the overall talent base on LinkedIn, according to the report. Moreover, the demand for these skills would continue to grow only if the technology is used around the world for many other projects.

There are different companies and governments that are starting to implement blockchain-related platforms and solutions. For example, JP Morgan Chase has created its own blockchain network Quorum and a digital currency called JPM Coin. The intention is to improve transactions and settlements between clients of the firm.

Facebook has also released a new blockchain platform and digital asset called Libra. The goal behind this project is to help individuals around the world have access to financial services. This virtual currency is also going to be used to perform transactions among individuals using the applications the social network controls, WhatsApp and Facebook Messenger.

According to a recent survey conducted by Cognizant, an IT services provider, up to 88 percent of financial businesses in the Asia Pacific consider hat blockchain is going to be important in the future of the industry.

Countries such as India are also registering a growing trend in the number of blockchain workers. In the future, with a large number of companies interested in DLT, the number of individuals working in the industry is going to be increasing.

Hong Kong and South Korea are also countries in the region that have businesses that are developing applications based on blockchain technology. Governments have also been supporting the space for it to continue growing.

Get Free Email Updates!

*Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

Carl T
Carl T
Carl is a legend in cryptocurrency space for his long-storied experience, history and insights. He is a digital nomad who fell in love with bitcoin and its offspring for many years now and prides himself on delivering quality perspectives in the emerging world of crypto-assets and blockchain technology.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

LEAVE A REPLY

Please enter your comment!
Please enter your name here

3,511FansLike
2,795FollowersFollow
4,269FollowersFollow

Live Bitcoin Price & Latest BTC Charts

Today's Latest Crypto News

PoolTogether's ‘No Loss' Gambling Platform Utilizes Chainlink’s VRF on Ethereum to Select Winners

Chainlink announces its verifiable random function on the Ethereum mainnet, bringing a host of benefits to the decentralized platform. PoolTogether, a gamified savings platform...

Digital Assets Beat Traditional Assets by a Wide Margin & Ethereum Outperforms Bitcoin

In 2020 to date, Bitcoin has seen a positive performance of 80% and Ethereum 217%. With these gains, digital currencies are leading this year, with...

Filecoin Miners Will Receive 25% Of The FIL Rewards Immediately After A Successful Network Upgrade

Filecoin (FIL) miners set to receive 25% of their rewards instantly for miners that successfully activated the FIP-004 protocol at block number #170,000. Given...

PayPal Exploring Acquiring Crypto Companies, Already in Talks with Bitcoin Custodian BitGo

PayPal is now exploring acquisitions of crypto companies, including bitcoin custodian BitGo, reported Bloomberg. This week, Paypal announcing support, buy, sell, and hold for cryptos...

Bitcoin Is Having A “Sell-Side Liquidity Crisis,” As BTC Buyers Outweigh the Sellers

After an explosive start of the week that took us to a 13-months high of $13,300, Bitcoin is taking a breather just under $13,000. Interestingly,...

BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.

Start Using Crypto Today