According to a new report, JP Morgan has listed more blockchain-related jobs than any other banking company. The data was gathered from Indeed.com.
Despite the fact that JP Morgan’s CEO Jamie Dimon is a well-known critic of Bitcoin (BTC), it seems that his bank just can’t stay away from the blockchain. Compiling data from Indeed.com, JP Morgan is actually leading the entire financial sector in blockchain-related posts. Not only that, the bank is leading among blockchain employers, overall.
However, blockchain-related jobs have been in a significant rut due to the bearish market conditions. Blockchain-related job listings have fallen 67 percent from February 2018 to February of this year. During this same time, the Bitcoin price has fallen around 63 percent. Interestingly, the number of jobs and the price of Bitcoin seem to be correlated.
Despite the bearish market, JP Morgan has been actively hiring blockchain recruits. The expansion of its posts follows the release of its own JPM coin — which will facilitate transactions between clients and challenge the legitimacy of Ripple’s XRP coin.
![JPMorgan Chase & Co.](https://beincrypto.com/wp-content/uploads/2019/02/shutterstock_1184027218-1024x738.png)
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Anton Lucian
Raised in the U.S, Lucian graduated with a BA in economic history. An accomplished freelance journalist, he specializes in writing about the cryptocurrency space and the digital '4th industrial revolution' we find ourselves in.
Raised in the U.S, Lucian graduated with a BA in economic history. An accomplished freelance journalist, he specializes in writing about the cryptocurrency space and the digital '4th industrial revolution' we find ourselves in.
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