75 pct Irish people unwilling to consider career in blockchain technology: Study
Nov 15, 2018 11:45 am UTC
Despite the recent spurt in blockchain investments and jobs globally, the Irish population appears to be unwilling to consider a career in this technology, a new survey has revealed.
The study, carried out by Amárach Research for blockchain professional services firm Wachsman, surveyed 1,000 people in Ireland. The research focused on Irish attitudes towards and knowledge of blockchain technology.
According to the survey results, 75 percent of the Irish population would not consider a career in blockchain technology. More than half (53%) cited lack of understanding of what blockchain technology is, with lack of information (38%) and unsuitable educational backgrounds (10%) also seen as barriers to entry.
The result is quite startling particularly as European spend on blockchain technology is expected to soar to €3.5 billion in the next five years. In addition, financial service behemoths such as Deloitte and Mastercard have announced blockchain-related jobs in Dublin over the past two years.
“A lack of knowledge and education in how blockchain works is holding Irish people back from pursuing careers in the emerging technology,” the survey found.
The study also found that respondents between the ages of 25-34 were most likely to pursue a career in blockchain, with more than a third (38%) prepared to embrace the challenge. Other key takeaways are:
“The findings of this study are remarkable. Ireland boasts one of the most highly-skilled and educated workforces in the world, yet most Irish people would not consider a career in blockchain because they don’t feel they have the ‘right’ background. While blockchain is a new technology, the concepts, use cases, and applications for implementation can be learned,” Wachsman CEO and Founder David Wachsman said.
“With demand for blockchain technology experts skyrocketing both in Ireland and abroad, it’s important for people to realise that a career in blockchain stretches far beyond requiring a computer science, business, or finance degree. Industry newcomers in Ireland can be professionally trained and educated on the disruptive power and potential of blockchain because it is quickly becoming among the most significant career opportunities of our generation.”
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