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NextGen Magazine


Familiarity and Skill with Cryptocurrencies, Blockchain Highly Sought After by Employers

Chris Gaetano
Published Date:
Nov 2, 2017

Companies are increasingly looking for workers with experience and expertise in Bitcoin and the blockchain technology that undergirds it, according to the freelance connection firm Upwork. The firm, which connects freelancers to potential clients, said that expertise in blockchain and Bitcoin are the second and third fastest growing skills demanded by employers, according to its quarterly skills index (the first is robotics). 

"Blockchain and Bitcoin both appeared on the Top 20 list for the first time. Bitcoin, a cryptocurrency and peer-to-peer digital payment system that aims to remove friction from transactions, is supported by Blockchain, a Distributed Ledger Technology (DTL) that verifies and records Bitcoin transactions. Bitcoin’s all-time high price coupled with the demand for specialists familiar with its technology indicates that the new currency may become more widely used. Gartner also included Blockchain in their 2017 Hype Cycle for Emerging Technologies noting that while enterprises are still deciding how to navigate this technology, they believe it will lead to a reformation of whole industries long-term," said the report.