In recent months, cryptocurrency has lost a significant chunk of value. Unfortunately, a lot of people seem to be relating to the downward trend with blockchain as well. We have also observed that some organizations also revised their business models after the fall of crypto. Therefore, it is really important to understand that the blockchain’s use cases go far beyond than a mere currency. In fact, it has the potential to be applied pretty much everywhere.
Does anybody pursue blockchain as a career?
Since technology has boomed at a decent pace, people have started acquiring the knowledge and necessary skills required to do to start a career in the niche. Moreover, plenty of renowned companies have also advertised blockchain jobs. Hence, promoting the overall value of the industry.
Blockchain jobs offer insane packages
That is true.
The technology is new and not many institutes offer training in that area. Despite that, the need for blockchain researchers and engineers continues to rise. It has created a demand and supply gap and led to (even) half a million dollar packages!
Do freelancers want to be paid in crypto?
It is a matter of choice. Towards the end of 2017, a significant number of freelancers and full-time workers were willing to be paid in crypto. But today, the number has decreased due to a bullish trend in the market.
However, people still want to pursue it since the transaction fee drops down, the payments are efficient, and they could even try their luck by HODLing.
How does it help the recruiters?
These days, the industry demands mediation when it comes to hiring. Job search marketplaces need to map the requirements of recruiters and blockchain job seekers. Therefore, smart contract technology serves the purpose very well and keeps everything transparent. It also helps in the freelance industry by automating several procedures.
If you are aware of Escrow services, you must have realized the potential of blockchain to bring down the transaction fee and boost efficiency.
This article by Roxana Florea was originally published at BlockchainFlashNews.com: