Report

Annual Blockchain Skills Forecasts, 2022

June 1, 2022
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Blockchain is now accepted internationally as both an emerging technology and emerging skill set. This is reflected in the European Commission’s blockchain strategy.1 As the technology is still developing from the concept to application stage, its labour market impact remains relatively limited. For example, in a search of LinkedIn job advertisements (November 2021), our study found that blockchain job postings accounted for just 0.35% of total jobs advertised. To date, the principal use of blockchain technologies has been in the realm of cryptocurrencies. However, the last number of years have seen a rapid expansion in the application of blockchain technologies beyond the financial services sector and it is generally expected that the demand for blockchain skills is likely to grow rapidly as the technology continues to develop and adoption spreads across sectors.