Blockchain job openings rise 300% since 2017

The average salary for blockchain-related jobs is currently 61.8 per cent more than the US median salary, and job ads have increased 300 per cent since 2017.

The figures come from a new report from Glassdoor, which looks at hiring trends in the blockchain space. The median salary for blockchain jobs, which in August 2018 amounted to 1,775 openings, is $84,884 – $32,423 higher than the average at $52,461.

The report reads: “Companies both large and small have been willing to invest for the long-term in blockchain by expanding hiring over the last year. Our analysis found that companies are hiring primarily for technical roles, requiring engineering experience and coding skills, and many of these job openings are centered in cities that are already major talent hubs for technical or financial expertise.

“Both factors are contributing to pay exceeding median salaries elsewhere – another strong indicator of long-term investment.”

These are indeed signs of a maturing market, with demand for new talent rising in line with the implementation of blockchain technology from enterprise companies and SMEs alike.

Software engineers are the most sought-after professionals, according to the study, with 19 per cent of blockchain-related job listing related to the role.

“While the ultimate staying power of cryptocurrencies and blockchain technologies remains to be seen, the blockchain job market seems primed to continue its rapid growth into the near future,” adds the report.