Blockchain industry’s 42percent workforce are in crypto-exchanges

Nearly half of the people employed in the blockchain industry work in crypto exchanges at 42%. This is based on research by The Block, a blockchain publication.

The statistics availed show that out of the 158 companies analyzed in the blockchain industry, 42% of the people worked for digital currency exchanges. This represents almost 7,700 people employed at 30 different crypto exchanges. 

Considerable employment opportunities in the blockchain industry

Crypto exchanges are the leading employers in the blockchain industry, and they are followed by crypto mining equipment producers at 11%. 

On the other hand, cryptocurrency governing foundations, such as TRON and Ripple, employ 10% of blockchain industry’s workforce. 

The 158 companies analyzed are found in the blockchain and cryptocurrency sectors. Some of the leading firms include Bitmain, Huobi, Coinbase and OKEx as they employ 1,500, 1,300, 1,000 and 950 people, respectively. 

Blockchain and crypto companies rank highly

It has been stipulated that blockchain and crypto companies are among the best places to work. For instance, Ripple, a fintech and cryptocurrency firm, was ranked among the best employers in the technological industry. 

91% of Ripple’s employees reportedly asserted that the company was a great place to work, whereas 95% of them claimed that they would proudly inform others that they work in this firm.

Notably, blockchain technology has emerged to be one of the most desired skills in the IT job sector. This has been instigated by the actuality that blockchain is part of the technological innovations reigning supreme in the modern age.

A recent survey by Deloitte Insights depicted that 86% of the respondents acknowledged the supremacy of blockchain technology because, in the near future, it will witness massive mainstream adoption. 

On the other hand, online blockchain education has emerged to be a new trend for universities. Many institutions of higher education have comprehended the elevated interest in blockchain and cryptocurrency. This has made them contemplate offering classes to cover these areas.