Research from the job agency Indeed.com revealed an increase of 90% in blockchain jobs postings in 2018 and 4000% for the past 3 years in the USA. Companies around the world are seeing a future full of Blockchain applications. Yet, a strong correlation still exists between Blockchain job opportunities and the recent crash of digital assets.
Big four consulting firms are searching for Blockchain professionals
Four global consulting firms (Deloitte, KPMG, EY and Accenture) are among the Top 5 companies with the most jobs posting for Blockchain-related jobs (IBM is in 2nd position).
According to Arun Ghosh, KPMG’s US Blockchain leader, the reason for such an expansion is that “enterprise projects have matured over the past three years, moving from Proofs of Concept in 2017 to Pilot Projects in 2018 to production systems in 2019”
Consulting firms are pushing and supporting tech trends to change the way enterprises run their operations: it’s the essence of digital transformation. Jobs metrics represent a different but very meaningful perspective to observe the adoption of blockchain, so far dominated by price trends and on-chain transactions volumes.
Enterprises though are quite far from the “disrupt everything” ideals carried on by the early proponents of blockchain. Their challenge is extremely down to earth: leverage DLT technology to improve operations and this growth of job postings is the expression of the value they believe will be created in the future.
Enterprise projects have matured over the past years, moving from:
Proofs of Concept in 2017 to
Pilot Projects in 2018 to
Production systems in 2019Arun Ghosh, KPMG’s US Blockchain Leader
Jean-Armand started his Fintech journey in 2015 as a Credit Risk Analyst for a major IT & TelCo venture company in Zürich. He has worked for a decade in different countries before deciding to come back to Switzerland. His research and articles have been published across media agencies and cover the burgeoning Blockchain ecosystem in France, United Kingdom, United Arab Emirates, the Baltic regions, ASEAN countries, Russia and Switzerland.
Jean-Armand graduated from Lucerne University of Applied Sciences, Université de Neuchâtel and SOAS with a Post-Graduate in Economics of Banking, a Pre-Master of Quantitative Finance and a MSc. in Banking & Finance.