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Topic: Blockchain is now the most in-demand skill in the 🌏 (Read 255 times)

jr. member
Activity: 129
Merit: 1
Another one overhyped tech, sorry. marketers like to do that
legendary
Activity: 1904
Merit: 1159
i am still not convinced that any real company with real product or service is utilizing blockchain technology since i have not seen any yet. all i have seen so far is random people at home raising funds through ICOs (aka scamming people) which are referred to as "company" and they are not even using blockchain technology, they are just creating a token. and most of the demand is for people who can do something like that which i wouldn't even categorize as a skill.
IBM is pushing its blockchain services in the form of what it calls Hyperledger fabric. It won't be difficult finding an example where a company claims to have used blockchain for some kind of value transfer involving paperwork and documentation. Barclays claimed this back in 2016. Then there are the obvious claims from XRP and Stellar about on-boarding banks. Most of those use cases involve these organizations providing some form of blockchain expertise for making documentation fast and transparent using a distributed ledger.

It seems like most of these offshoots are gradually evolving to become manpower source for companies that would like to have some use of a private, permissioned blockchains.
legendary
Activity: 2968
Merit: 3684
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That is, the concept of "most in-demand" is not an absolute value, but a relative term in relation the supply and demand. Small but important detail to consider when interpreting the article.


Agreed. This was the same scenario about 20++ years ago when the dotcom boom and Internet craze swept Asia and Southeast Asia. Suddenly, Computer Science and IT were in demand and people thronged to study it. Then we were absolutely saturated with CompSci grads who knew smatterings of codings and knew how to build websites... but the companies that were booming when they were in college had gone bust or scaled down by the time they came out.

So 100%, relative supply and demand. I do think it's still a good idea to be really good at blockchain (and specifically, focus on one area) not just the tech itself, I think compliance, legal are very useful now.
full member
Activity: 1540
Merit: 219
yup. I've seen blockchain is already a must for some uni courses
Blockchain technology is now indemand to some companies and this might be because of the the fact that crypto is now widely spreading. If i'm not wrong, those companies related blockchain technology to computer courses, but I am not sure of how it would actually be implemented to courses and the job being applied for.
Just like the reaction of others, this isn't surprising. We've seen startups who are longing to build their own system through blockchain are increasing and this is the reason why they want to explore more of it and hire more blockchain developers and experts.

So, the tutorials and courses about blockchain developing are also in demand.  Grin
Actually it is a bit surprising for me because as far as I know, the adaptation of blockchain technology is still limited to some countries because they are having issues still with decentralization of cryptos. The reason with such demand, is the emergence and evolution of technology in a sense that more things are becoming 'digital'.
legendary
Activity: 2338
Merit: 10802
There are lies, damned lies and statistics. MTwain
There was a thread on this same topic created 3 weeks ago: Blockchain the most desirable skill of 2020 according to LinkedIn.

There I stated:
What’s important to note is the following:
<...>
Quote
Methodology: The most in-demand skills were determined by looking at skills that are in high demand relative to their supply. Demand is measured by identifying the skills listed on the LinkedIn profiles of people who are getting hired at the highest rates. Only cities with 100,000 LinkedIn members were included in this evaluation.
As I interpret it, the output is not based solely on the number of demands for a given skill, but rather in contrast to the number of supplies. If that is so, a specific skill with 100k demand and 100k supply would yield a ratio of 0, and a skill with 10k demand and 2k supply will have a ratio of 5. The latter, despite having less demand in absolute terms, has more demand in relative terms (demand over supply).

See: https://business.linkedin.com/talent-solutions/blog/trends-and-research/2020/most-in-demand-hard-and-soft-skills
That is, the concept of "most in-demand" is not an absolute value, but a relative term in relation the supply and demand. Small but important detail to consider when interpreting the article.
hero member
Activity: 3150
Merit: 937
The salary for being a blockchain developer is still high since there are still a few percentage of programmers with blockchain developer as their title. And with this becoming more in-demand as we progress through decentralized systems, we can expect further growth in the field.

That's right.It's just a labor market deficit.As more and more new blockchain developers enter the field,their salary will go down.Anyway,this is old news from last year.The blockchain hype can only go up,as the bitcoin price is on a bull run again.I'm curious what type of blockchain developers are more in demand?Bitcoin Core or Ethereum,because there are some differences between those two blockchains,AFAIK.
sr. member
Activity: 1554
Merit: 334
The salary for being a blockchain developer is still high since there are still a few percentage of programmers with blockchain developer as their title. And with this becoming more in-demand as we progress through decentralized systems, we can expect further growth in the field.
legendary
Activity: 2254
Merit: 1377
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Courses or topic about blockchain isnt necessary to put into books especially institutions are quite strict with regards to rules and regulation. I'm thinking they should clear first what scope their trying to incorporate and dont ever try to open up inclusions of fund raising which most new projects are doing cause its not good for other to learn it.

There are some courses offer already in some of the schools here in our country. Supporting cryptocurrency and blockchain is now improving here.
legendary
Activity: 3472
Merit: 10611
i am still not convinced that any real company with real product or service is utilizing blockchain technology since i have not seen any yet. all i have seen so far is random people at home raising funds through ICOs (aka scamming people) which are referred to as "company" and they are not even using blockchain technology, they are just creating a token. and most of the demand is for people who can do something like that which i wouldn't even categorize as a skill.
hero member
Activity: 3150
Merit: 636
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Just like the reaction of others, this isn't surprising. We've seen startups who are longing to build their own system through blockchain are increasing and this is the reason why they want to explore more of it and hire more blockchain developers and experts.

So, the tutorials and courses about blockchain developing are also in demand.  Grin
hero member
Activity: 742
Merit: 507
This was quite expected, given the fact that blockchain technology can essentially help various kinds of financial institutions.
Another thing is that I personally can’t imagine how high quality education can be received in this area, although the list of universities is impressive.
legendary
Activity: 3080
Merit: 1353
What do you expect? Blockchain technology hype is all over, specially in the last 2-3 years. Many companies are also jumping on the bandwagon and wanted to replace their legacy systems with this technology and so the demand for skilled developers are also on the rise.

Here are the list of 10+ Universities Offering Blockchain Courses.
jr. member
Activity: 168
Merit: 2
mada mada dane
Actually I never thought that the Blockchain course could be so in demand in the near future but since Linkedin is featuring it I assume that it is indeed a good course to take. It's amazing that more people are focusing on it, I guess it is also one of the ways to bring awareness regarding the crypto currency.
legendary
Activity: 1789
Merit: 1008
Keep it dense, yeah?
I'd be interested to hear about how businesses are leveraging Blockchain technology to improve their processes and gain an edge. Over the years most instances of the term being used was nothing more than buzzword dropping, with no real substance behind it.
legendary
Activity: 1778
Merit: 1009
Degen in the Space
I already expected it this, even some of the project study in our university also includes blockchain. The innovation using blockchain is quite new and it is really one of the mainstream skill we should learn on the current situation of modern technology.

I really trusted the blockchain due to its potential and capabilities, I hope our government also trusted this and should implement on the systems.

Blockchain has a lot of good featyre especially for securing data. I hope this will be one of the topic soon in our class in ICT.
hero member
Activity: 2912
Merit: 604
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