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New research finds 300 pct increase in blockchain-related jobs

Thu, 08 Nov 2018, 09:42 am UTC

In its latest research, job and recruitment website Glassdoor has found a 300 percent year-on-year increase in jobs related to cryptocurrencies and blockchain in the United States.

In an online post dated October 18, Glassdoor said:

“Using Glassdoor’s database of millions of job openings, we found 1,775 blockchain-related job openings in the U.S. in August 2018, a 300 percent increase over the same period last year.”

“Software engineer was the most common blockchain job open on Glassdoor, accounting for 19 percent of all blockchain job listings, illustrating the demand for talent who can continue developing this technology.”

In the U.S., the majority of crypto and blockchain job openings came from the firms located in New York, followed by San Francisco, San Jose, and Chicago. Outside of the U.S., London topped the list with 189 blockchain-related job openings, followed by Singapore, Toronto and Hong Kong.

These job openings came from startups, tech and banking giants. Interestingly, the top spot in the number of blockchain-related openings saw a tie between IBM, a company with over 300,000 employees, and blockchain startup ConsenSys, which has less than 1,000 employees at present. They are followed by Coinbase, Figure, Oracle, and Kraken.

In addition, the research also found that blockchain-related jobs offer higher remuneration.

“Overall, we found a median base salary of $84,884 per year for open blockchain-related jobs on Glassdoor. That’s a staggering $32,423 (61.8 percent) over the U.S. median salary of $52,461 per year, according to Glassdoor’s August 2018 Local Pay Report,” it said.

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