Want a Job Promotion? Learn Blockchain!

Blockchain has been named as one of the ten most important employee skills in the nearest future, according to the latest LinkedIn survey conducted in the Asia Pacific (APAC) region.

Business Betting on Blockchain

This week LinkedIn, a respected social network for professionals, published a report titled “Future of Skills 2019” covering the APAC region. It analyzed the opinions of over 4 thousand employees on learning new skills most likely to be essential in the coming years. According to the respondents, they realize the need to upskill if they want to succeed at work. The majority also confessed they felt “daunted by the pace of change in their industries.” The report’s findings revealed that blockchain-related skills hit the list of 10 most important and useful skills among workers. Specifically, it proved to be the fastest growing in Singapore and was included in the top 3 in China, Japan, Taiwan, South Korea, Hong Kong, and Vietnam. As explained in the report, blockchain-related skills mostly mean “setting up and managing a distributed and decentralized public ledger,” which involves such professionals as blockchain developers, chief technology officers (CTO), and consultants. As for the rest of most actively rising skills, they are also dominated by the tech sector. They include, for example, artificial intelligence (AI), frontend web development, robotic process automation (RPA), workflow automation, and social media marketing. “Rising skills are skills that have experienced exponential growth in the last few years in adoption by professionals,” LinkedIn explains. It adds that the demand for employees with these 10 skills is three times higher than for other areas of expertise. It also notes this tendency is set to grow further amidst ongoing adoption of new technologies.

Promising Future of Blockchain

The report’s results are not surprising, however. While there’s still some controversy about cryptocurrencies and their regulation, the general attitude towards the distributed ledger technology (DLT) behind them is much more positive. The situation now seems to be especially favorable in Asia, where blockchain enjoys support at the governmental level, like in Singapore with its DLT-oriented Project Ubin. Currently, there are numerous blockchain use-cases in the financial sector, retail, law, security, and education. Interest in the distributed ledger and its benefits keeps growing in various industries. This means that in the near future even more mainstream companies will be looking for experts able to implement blockchain solutions in their business models. So, if you want to learn a useful new skill to become more competitive in the evolving job market, especially APAC-oriented, you should consider mastering blockchain. Do you believe that knowledge of blockchain will soon become a big competitive advantage for job applicants? Let us know your thoughts in the comments below!