It regularly feels like the entire world of crypto is going to the hellfire in a hand-basket. We should probably take shelter in the learning that blockchain courses at universities are as prevalent as ever.
Demand & Supply
As indicated in a recent study, 9% of the US undergraduates at the universities across the globe polled had previously taken a blockchain related class, and 26% intended to. Where there are courses in demand, the institutions are having to struggle to keep up with the need for them.
Many universities including Cornell, Berkley and UPenn, provide courses on Cryptography, ‘Blockchain, Cryptocurrency & Distributed Ledger Technology’ and ‘Blockchain and CryptoEconomics’. In 2017, one professor had nearly 100 students contending for just 25 places in a blockchain class.
The primary driver for this surge of interest is the job market. Over the past three years, the number of Bitcoin-related job openings on LinkedIn has increased extensively. On average, there has been a 9 times increase in financial services jobs, and 4 times increase in software postings.
Outside of the financial services as well as cryptocurrency industries, the blockchain is significantly increasing in popularity. According to a survey conducted in 2018 by PwC, 84% of companies are “actively involved” in developing blockchain technology.
Blockchain! It’s Not An Island
Teachers and Educators are quick to indicate that focussing on blockchain as a whole would be foolish. For specialising in one area before a career has even started would be less helpful than gaining a broader overview of engineering as well as computer science.
Moreover, “tomorrow’s blockchain will look nothing like today’s”, says Associate Professor of Computer Science, Emin Gün Sirer at Cornell University.
And, There Was A Bitcoin Thing Too
In addition, last year’s Bitcoin $6527.93 +0.03% mania additionally raised the cryptocurrency profile of the classroom. Berkeley, UPenn and Cornell have currently active blockchain clubs which have been a boost in interest from across the student spectrum during 2017.
It’s certain that these future industry leaders are at worst uncomfortable. At the best, they are blockchain tech savvy. It will positively accelerate a refreshing shift from progress-despising dinosaurs which the crypto community usually deals with.