Blockchain events

Blockchain in demand: Breaking into the growing job market

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Now that companies across a broad range of industries have gone from trying Blockchain to starting blockchain-based networks, demand for blockchain skills is exceeding supply. The technology is still new enough that the talent pool for it remains light, and opportunities exist for people with the right skills.

Job opportunities in blockchain

Many people think blockchain is “new” and complicated but it has been around for almost ten years and is actually a fairly simple technology – and –  the technology component is just a fraction of any blockchain solution.

When you think of blockchain, what kinds of jobs come to mind? What many don’t realize is that blockchain adoption is creating a need for more than just developers. Companies working with blockchain are also looking to hire business and technical consultants, software engineers, cyber security strategists, project managers, marketers and many others. And because blockchain is being applied across a diverse array of industries such as finance, retail, supply chain and healthcare, the jobs are just as varied.

IBM, for example, who was recently named the #1 blockchain vendor by Juniper Research, has more than 400 blockchain projects in progress, employs more than 1,600 employees and has more than 150 job openings related to blockchain. Some of these are even “new collar” jobs: roles in fast growing fields, where having the right skills matter more than having a bachelor’s degree. Such skills can be cultivated through coding camps, community colleges, apprenticeships and other non-traditional methods.

My colleague, Eileen Lowry, and I recently discussed the growing blockchain job market with CNBC. Watch the video to learn more about the new opportunities that blockchain provides technical professionals.

Blockchain helping to improve food supply chain from CNBC.

Simplicity, speed and value for blockchain developers

Bridging the blockchain skills gap

While companies continue to create new job roles because of the fast, transformative effects of blockchain, many of those positions remain vacant because demand is outpacing supply.

Some higher educational institutions are just beginning to offer courses for studying blockchain, and the number of professionals with such experience is naturally limited. However, this doesn’t necessarily mean you must have extensive training to enter this expanding job market. Skilled employees are needed and people with adjacent skills — whether developer, IT architect, user experience designer or financial services consultant — are stepping into the ring. To bridge gaps in skills and experience, IBM offers personalized online training for employees who work with blockchain or are interested in working with it.

Nurturing potential candidates from academic institutions is another way to meet the rising demand for skilled employees. That’s why the IBM Academic Initiative, which provides training resources to students and educators, was recently expanded to include blockchain. You can read more about the program in this blog post.

Resources for developers

If you’re a developer, you might already have the skillset necessary to move into a blockchain role. As IBM Vice President of Blockchain Technology Jerry Cuomo tells it, “If you are a coder who knows about cryptography then it [blockchain] is pretty simple.” To get started writing blockchain applications and quickly hone your development skills, check out the IBM Blockchain Platform developer sandbox.

For technologists who want more in-depth guidance, IBM has refreshed its blockchain training and educational materials on developerWorks for The Linux Foundation’s Hyperledger Fabric 1.0.

Be sure to join the IBM Blockchain community:

Learn more about blockchain today

GM, Blockchain Services - Global Business Services

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