Number of Jobs in Digital Currency Industry Doubled in Last Six Months

As most people who have been following the situation with the digital currency industry in the last six months know that they have been booming like never before. The increased demand for cryptocurrencies has influenced their value across the board and, because of that, almost all of them have hit their all-time highs when it comes to the value. That is one side of the story, and the other side also indicates that the entire industry of digital currencies has been on the rise as well.

Number of People Employed in the Industry Grows

According to the report that AngelList published several days ago, the number of job postings in the industry of digital currencies and other related fields has exponentially increased recently. We often forget that there are people who are working full time to make sure that everything works well with the digital currencies. Because of that, the industry has been searching for new talents in order to match the needs of the market that has been growing quickly, especially in the last five or six months.

According to the same reports, the amount of money invested in the digital currency-related companies and especially in startups in the first six months of 2017 has surpassed the amount of money invested in the same business for the entire previous year. The increased number of startup companies has brought the growing number of jobs for people who want to work in this industry.

The report from AngelList has also provided information about the specifics of working there. According to that report, the technical, as well as nontechnical jobs in this industry, are paid much more than in some other industries even up to 10 or 20 percent higher. Besides that, the benefits that workers in this industry get are much better than in some other similar fields. This report also indicates that people working in this industry are enjoying much more flexibility and have a kind of freedom that isn’t often found in today’s professional climate.

Many Open Positions

When it comes to the number of jobs that are currently available in the industry, AngelList, which is a platform for online job postings in this industry, has stated that there are more than 3,500 open positions at the time. This includes technical as well as nontechnical job postings. AngelList has also announced that companies in this industry are not looking for people who already have the knowledge of the blockchain technology. They are rather looking for people who are ready to learn new things and who are ready to get an education about the important issues for that company which is not often a case in some other industries in the market.

In general terms, this report indicates that the digital currency industry is growing very quickly and because of that, the demand for the workforce is also growing. Blockchain technology has brought the biggest revolution to this industry and as its use becomes even more widespread, the demand for new workers will certainly grow.

Written by: Ivan Potocki