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How Blockchain is transforming the job market today

by Maluh Bastos
May 19, 2022
in Global, Market Updates
Reading Time: 7 mins read
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LinkedIn recently published something we all expected but many didn’t believe it would happen so soon. There’s been a growth of almost 400% of job postings related to “Bitcoin”, “Blockchain”, “Ethereum” and other words connected to the crypto industry between 2020 and 2021. 

This growth was even bigger than tech-related job postings that only increased by 98% during the same period. Incredible, huh? Or not so much? 

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For us crypto-believers, this was going to happen sooner than later. This universe’s tendencies are expanding, and new versions of digital assets are emerging every day right before our eyes.

But before we go any further in this article, it wouldn’t be me if I didn’t share with you some of my experience and POV in this humongous blockchain and crypto growth. 


It takes a village for Blockchain changes 

So, I said before in previous articles that I never imagined being embroiled in a universe that is made especially for those who love math, tech, and money. I was always more interested in arts, history, and social equality. 

Little did I know that I would have to dig into math, technology, and money to maximize the potential of those three.

But this is something that I would only find out once I was already in the jungle of blockchain technology, cryptocurrencies, NFTs, Defi, GameFi, Exchanges, Dapps, multichain, cross-chain and so many words that became part of my daily vocabulary. 

Once I saw how those words applied not only to me but to those around me, the words made more sense to me.

Starting to invest in a crypto is actually the biggest lesson for anyone that wants to get in. Of course, you have to read the 101 guides and study the basics, but only when you start to invest yourself that you’ll start to see the “magic” happening. 

I started to think about how many people it would take to do this “magical” dynamic work. How do these blocks come to life? What do these new features and functionalities look like when we put them into our apps, websites, and other platforms. 

Well, it’s like they say: it takes a village. 

In Klever, everyone involved in all of our departments works every day to make your experience getting into crypto – or improving yourself in it – comfortable, simple, and enjoyable. 

To make the Klever Ecosystem work, of course, we have to count on our Developers and Operational workers. The programmers are also what we call the core of our work, making sure that our technology works smoothly and with fewer to no flaws. The designers are responsible for the “face” of our Ecosystem, making it user-friendly and with a good flow. 

Programmers and Devs are indeed the core of blockchain companies
Programmers and Devs are indeed the core of blockchain companies

As the company grows, only the techs will not suffice.

First and foremost, we need leaders to guide teams in the right direction. It is not enough that they are experts in their area, but they should also possess a good sense of leadership. 

Then, we’ll need the administration part. With the revenue, comes priorities and responsibilities. So, other jobs are required. 

According to LinkedIn’s report, for instance, “professional services like accounting and consulting, as well as the staffing and computer hardware sectors” are amongst the professionals needed in the blockchain and crypto industry. 

And then, we arrive at another important sector that is marketing and communications. We need to communicate not only what we do, but how we do it. 

Moreover, we need to establish a constant dialogue with our community so they feel safe, understood, and part of our family as well. 

Every single one of the users is important and a good company needs to be sure that everyone gets the picture, understands the process, and consumes it consciously. 

One perfect example is this article that you are reading. I want to share with whoever reads it that the job offer increase and the changes in this sector are a consequence of the growth of those companies that more than ever have been needing more professionals to help in every “corner” of the business. 

This is a reflection of a market getting stronger: producing more jobs because what we have is not enough. 

Statista, a German company that specializes in market data, says that now, in January 2022, there are nearly 9,929 cryptocurrencies in the world. Generally, each one has its own “organization” or company – not to count conglomerates. 

Of course, this number does not account for the market’s significance.

For Statista: “a large portion of these cryptocurrencies might not be that significant. Creating a cryptocurrency is relatively easy due to how open the creation process is. There is a perception that the top 20 cryptocurrencies make up nearly 90 percent of the total market.”

However, it is indeed a number to watch: if it’s getting easier to make a digital coin, maybe the “hegemonic” power that some of them have will be at least challenged for the next few years to stay on top of the game. 

This involves more resources, more money, more people – for the small companies to become relevant and to the bigger ones to stay relevant. 


For Blockchain, it’s just the tip of the iceberg  

We talked about the growth of this specific market segment but let’s think now about the practical consequences of this increase in the world that we live in. 

Blockchain technology is one that allows transactions to be made safe, encrypted, traceable, and seamless. It means that enormous amounts of fees are being put into the spotlight and can be potentially extinguished. 

Nasdaq promoting Blockchain in Times Square
Nasdaq promoting Blockchain in Times Square

Even more, the velocity and efficiency of a blockchain transaction can be pretty significant as well, and now more than ever with technologies such as Lightning Network.

The decentralization also allows more independence and autonomy to decide what to do with your money, how to invest it and puts fiat currencies’ absurd discrepancies in check. 

With the new Metaverse, the reality of becoming more acquainted with blockchain and crypto is closer to everyone and NFTs are being adopted by more giant companies that believe in the future of digital things. 

But all of this could not be imagined without the source: the blockchain itself. 

Described and conceptualized by Satoshi Nakamoto in his whitepaper back in 2009, the blockchain is a groundbreaking system. The power of this new form of digital ledger is disruptive and revolutionary for a world that has been completely centralized. 

What we are seeing is that blockchain for money is only the tip of the iceberg. Blockchain seems to be the new base for connections and is putting the Internet regular system in the background. 

The easiness and bonds involved in the Blockchain system is incomparable. 

It exists in a world where everyone is responsible for everything because if one falls, the others are still running. It’s the core meaning of connection indeed.    

So, if you still are not ready for the changes that Blockchain is bringing, you better step up. 

It’s changing people’s lives, assets and now people’s careers. This is not going away any time soon. 

Whatever you do, don’t stay behind just because it’s not finance or high tech.

The world is digital, blockchain is the ground we’re stepping on and crypto is our key to unlock the resources we’ll need. 

Tags: blockchain job marketblockchain jobs
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Maluh Bastos

Maluh Bastos

Journalist, content writer and producer - and DJ in spare times - always looking to make some noise in the world. Crypto and blockchain writer, eager to learn more every day and hoping to contribute to Klever's mission to change people's lives through financial freedom.

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