Crypto, blockchain and bitcoin jobs at a glance
Searches for bitcoin, blockchain and cryptocurrency roles are going down—yet employer demand has skyrocketed. According to Indeed.com, in the four-year period between September 2015 and September 2019, the share of these jobs per million grew by 1,457%. In that same time period, the share of searches per million increased by “only” 469%.
Employers, however, are doubling down on these tamper-proof blockchain technologies, which means there’s likely lots of opportunities for job seekers with these skills or interested in this industry.
Top 5 cryptocurrency tech jobs
So employer demand is high for tech roles related to bitcoin, blockchain and cryptocurrency—but what are those jobs?
Companies doing the most hiring for crypto, blockchain and bitcoin jobs
Software roles make up the highest percentage of cryptocurrency jobs, but which companies had the highest share of job postings for these roles over the last year?
Since blockchain technology has expanded well beyond the financial sector, you’ll see a sprinkling of crypto startups, but also bigger, more established firms not directly related to cryptocurrencies (or even the financial industry at all).
IT, consulting and professional services firms
Two of the Big Four accounting firms make the top 10, along with tech giant IBM. Why? Earlier this year, EY launched a new crypto tax accounting tool for investors, and consulting firms are hiring blockchain talent to advise clients on how to apply these new technologies. IBM is also making waves with IBM Blockchain World Wire, a blockchain network that clears and settles international payments in near real-time.
Why are financial companies hiring so much blockchain and cryptocurrency talent? They’re designing their own dollar-backed digital coins. Signature Bank (#15), for example, built its own blockchain platform, Signet, to allow its clients to move money around in 30 seconds, 24/7 by converting dollars to ethereum-based tokens known as “Signets.”
Given the potential of blockchain, companies outside the traditional finance ecosystem are starting to adopt it for use in supply chain management, ecommerce, telecommunications and beyond.
Collins Aerospace (#5), for example, is an Iowa-headquartered company that provides solutions for the aerospace and defense industries. It’s using blockchain technology to make complex global supply chains more efficient and protect defense and space-related data from cyber attacks.
Bitcoin jobs are not as volatile as its value
As the bitcoin, blockchain and cryptocurrency industry continues its rapid growth and widespread adoption, companies of all sizes and industries are making long-term investments in these technologies by ramping up hiring over the last year.
That trend is likely to continue through 2020, even in the face of extreme price volatility and regulatory uncertainty of cryptocurrency specifically.
So with employers investing heavily in bitcoin jobs and cryptocurrencies becoming more accepted and accessible, blockchain tech seems like it’s here to stay.
*Methodology: Indeed.com analyzed the percentage change in the share of job postings and share of job searches per million for roles related to bitcoin, cryptocurrency and blockchain during the time period specified.
The most in demand roles related to cryptocurrency were identified by calculating the percentage of job postings related to bitcoin, cryptocurrency and blockchain during the time period specified and ranking them in order based on the percentage of job postings for those roles during the time period of October 2018 to September 2019.
Companies listed had the highest share of job postings related to bitcoin, cryptocurrency and blockchain on Indeed from October 2018 to September 2019.