Blockchain engineers are in demand

TechCrunch | 2/14/2018 | Samantha Stein
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Demand is off the charts for blockchain talent, and the capital is waiting to back it up. Over $3.7 billion has been raised through ICOs in the United States alone. Blockchain-related jobs are the second-fastest growing in today’s labor market; there are now 14 jobs openings for every single blockchain developer. And as Nick Szabo, the developer who coined “smart contracts” pointed out there is an extreme “$/knowledge” ratio in the blockchain space, where capital by far outpaces talent.

Today, Toptal, a marketplace for on-demand tech talent, is publicly launching their blockchain engineering talent vertical out of private beta. In today’s software development landscape, Toptal represents about 50 percent of on-demand engineering labor by revenue.

Requests - On-demand - Blockchain - Talent - Year

Requests for on-demand blockchain talent are skyrocketing. Last year, freelance talent marketplace Upwork saw blockchain rise to the fastest-growing skill out of over 5,000 skills in terms of freelancer billings — a year-over-year increase of over 35,000 percent. These requests span ICO advisory services, engineering projects and overall blockchain consultancy.

Since January 2017, the demand for blockchain engineering talent on Toptal has grown 700 percent and 40 percent of the fully-managed software development projects requested in the last month require blockchain skills. By diving into the requests Toptal sees, we can start to paint a better picture of the blockchain development languages and knowledge areas increasing in demand.

Hyperledger - Fabric - Implementation - Enterprise - Blockchain

The first is Hyperledger Fabric implementation, an open-source enterprise blockchain framework. The second is Ripple development, a payment protocol used for distributed processes for remittances, payments, and exchanges. The third is smart contract development with a concentration around Solidity, a smart-contract programming language for Ethereum Virtual Machine.

Taso Duval, Toptal’s founder and CEO, thinks this sheds some predictions on blockchain development at-large.

Types - Contracts - Disruption - Places - Asset

“Different types of contracts are going to be disrupted first,” he said. “Disruption will be in places like asset management,...
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