Home Industry News Blockchain jobs rising fastest, says LinkedIn

Blockchain jobs rising fastest, says LinkedIn


Source: TNN

Blockchain developer, artificial intelligence (AI) specialist and JavaScript developer are the top emerging jobs in India, as per LinkedIn’s 2020 Emerging Jobs Report.

Blockchain has moved rapidly up. It did not figure in last year’s report, which was led by machine learning engineer, application development analyst, and back-end developer. While most of the emerging jobs in the latest report are tech-led, other roles such as digital marketing specialist and lead generation specialist have also seen significant rise compared to a year ago.

LinkedIn defines emerging jobs as roles that have seen great demand in a region. While there may not be a large talent pool who hold these jobs, there is a large year-over-year growth of professionals who are hired into these roles, showing the likely demand in the future.

Blockchain developers design the architecture of blockchain systems and are needed to help build products and services associated with the technology, like contracts and apps. Blockchain solutions is a distributed database that maintains a continuously-growing list of ordered records called blocks and is deemed to be very transparent as all the stakeholders can view progress in real-time. It is expected to help trades settle instantly, accelerate international payments and remove the need for costly intermediaries, potentially saving the industry tens of billions of dollars.

To be a blockchain developer, one needs skills like hyperledger, node.js and smart contract, the report said. Such developers are mostly in demand in cities such as Bengaluru, Hyderabad and New Delhi across the IT, financial services, hospital and healthcare industries.

India emerged as one of the top filers of blockchain patents last year, as per data from the World Intellectual Property Organisation. China and US lead the list with 790 and 762 patents respectively, while India is at number 6 with 67. “The country is seeing a rise in digital transactions, and therefore industries are ramping up investments in blockchain,” Ruchee Anand, head of talent and learning solutions at LinkedIn India, said.

She noted that as automation becomes a reality across industries, the ‘AI specialist’ is the second emerging job on this year’s list. AI specialists work on getting machines to learn, which requires them to be adept in machine learning, deep learning and programming language Python.

JavaScript developer is the third fastest growing job. While front-end web developers work on the style of the web applications, JavaScript developers build and implement the base that defines how the visuals should appear. Such jobs are in demand across the IT industry, financial services and education management industry. Anand said it was interesting to see soft skills like team management and customer retention feature on the list, “which underscores the importance of human intervention at every level of digitization.”

LinkedIn’s analysis is done on all members on the platform with a public profile that have held a full-time position within India in the last five years. Once the pool was identified, the share of hiring and CAGR (compound annual growth rate) of this proportion for each occupation between 2015 and 2019 was calculated to identify the roles with the largest growth.


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