Blockchain is Now the #1 “Hard Skill” Identified by Companies Looking to Hire

With a huge number of companies looking to hire, Blockchain has ranked highest on LinkedIn’s 2020 ‘top 10 hard skills’ list.

In a newly released report in job trends, LinkedIn researchers has realized that users who are “getting hired at the highest rates” and came to a conclusion that blockchain is now the most in-demand “hard skill” of the year in the US, UK, Germany, France and Australia.

The ‘hard skills’ defined by the LinkedIn are the ones that “concern an employee’s capability to do a specific task.”

There are other technical skills – incorporating those centered around the cloud computing, AI, UX design, and scientific computing – also made LinkedIn’s list. Where blockchain technology wasn’t anywhere there on LinkedIn’s 2019 rankings, in 2020, it surpassed other emerging technologies such as AI and Cloud Computing, which led the 2019 list last year.

The report said –

“Skeptics, and there are many, raise concerns about the lack of standardized protocols, scalability, and excessive energy use. The business world, however, is voting with its jobs, and companies seem to be saying that the potential is worth the gamble.”

The report also found that business giants such as American Express, Amazon, Microsoft, JPMorgan Chase, Oracle and IBM are all actively seeking job candidates with blockchain expertise looking to hire them.

According to the reports –

“Blockchain has emerged from the once shadowy world of cryptocurrency to become a business solution in search of problems. You don’t have to be in financial services to be seeking new hires who have background and expertise in putting blockchain to use.”