As the blockchain industry keeps expanding across China, there are concerns that the academic sector is failing to keep up with demand for comprehensive, undergraduate, blockchain-related educational programs. The head of the Digital Economy Development Research Center at the Beijing-based Communication University of China, Sun Daojun, said the first batch of “blockchain graduates” will start courses later this year and complete their studies in 2024. In the context of the latest Baidu’s Superchain whitepaper press conference, Sun told Mars Finance he believes that the Chinese blockchain industry is developing fast, but the educational sector “is seriously lagging” behind the demand …

The latest figures from Chinese recruiting platforms show that blockchain-related salaries are on the rise across China. This is likely due to high demand for specialists in the sector. According to Chainnews, quoting statistics from Zhaopin, “hundreds” of companies in China have been hiring staff for blockchain-related jobs. Monthly salaries start at $2,865 on average. This figure has skyrocketed from an average of $1,230 last year. Higher salaries are being offered to candidates who have more than three years of experience in the blockchain space. For people fitting this criteria, the average salary is set at $7,000 per month. Big …

In the post-pandemic world, individuals will need to seize ownership and control of their educational credentials — documents like degrees and transcripts — from schools, universities and governments. That notion received key support last week from the American Council on Education in a study funded by the United States Department of Education focusing on the use of blockchain in higher education. “Blockchain, in particular, holds promise to create more efficient, durable connections between education and work,” wrote Ted Mitchell, the president of ACE, in the foreword to the study published on June 8, adding: “In the wake of the COVID-19 …

Leading Indian technology company Tech Mahindra has partnered with edtech startup Idealabs to offer blockchain certification courses. The certification course will be offered as a combination of live online and in-person, on-campus classes. Students enrolling for the course will learn about blockchain foundations, Ethereum, smart contracts, decentralized apps and Hyperledger Fabric, among other topics. The two companies intend to build a talent pool for the blockchain industry that could meet the rising job demands. The official web page for the blockchain courses notes that there has been a 290% increase in the number of blockchain jobs over the last year. …

Canada’s York University School of Continuing Studies today announced two new university-level continuing blockchain programs — the part-time Certificate in Blockchain Development and the full-time Post-Graduate Certificate in Back-End and Blockchain Development. The university said their new courses aim to meet the rising demand for blockchain developer roles in Canada, especially in the Greater Toronto Area, where it has risen by 374% in the last two years. Helping people upskill and reenter the workforce The two courses, which are scheduled to start this September, will help students upskill and build a portfolio in the blockchain field so they can secure …

More than two million Americans requested unemployment compensation for the first time last week, which may or may not affect Bitcoin. Recording its seventh consecutive week of decline, last week hosted 2.44 million new unemployment claims, CNBC said in a May 21 brief. These numbers, however, fall within range of economist expectations. Within the timeframe surrounding coronavirus, Americans have posted 38.6 million jobless claims to date, CNBC said. Pompliano expresses reopening need Morgan Creek Digital co-founder and partner expressed a push of sentiment favoring a national reopening after weeks of business closures and shelter-in-place orders, which have increased job loss …

South Korea’s regulatory sandbox has helped create almost 380 blockchain and other fintech jobs and generated around $110 million in investments. According to Shina Ilbo, the sandbox is overseen by the government's financial regulator, the Financial Services Commission, or FSC. It temporarily exempts companies from various regulations regarding financial services to aid with innovation and growth. The report said that 16 companies have been recognized for their growth potential, and attracted more than 136.4 billion won ($110 million) in new investments. Some of the companies participating in the government-sponsored program are pursuing business across 14 countries in Asia, including Indonesia, …

The ongoing coronavirus pandemic is transforming blockchain companies, and its impact is not always negative for the blockchain industry. Amid the latest coronavirus crisis-fueled changes, China is taking another step toward blockchain adoption to officially recognize industry jobs. China’s Ministry of Human Resources and Social Security, or MOHRSS, is the ministry responsible for national labor policies and regulations. Recently, they have added blockchain-related jobs to a list of officially recognized jobs. New occupation types are officially introduced to promote employment amid COVID-19 According to a May 11 statement by the MOHRSS, blockchain-focused professions, like tech developers, engineers, and analysts, are …

Digital lender, Capital on Tap, released figures that reveal Blockchain-related jobs offer the highest-paying salaries among all disruptive technology businesses in the UK. According to the UK-based firm, Blockchain has an average annual salary of GBP 75,000 (around $93041 USD). They also showed that the industry provides 544 permanent jobs throughout the country. The study highlights that disruptive technology is becoming an emerging force that is adhering to all industries, from virtual reality to 3D printing. United States still leads across the world The report highlights that the United States takes the crown with the highest number of businesses across …

While global unemployment continues hitting new highs amid the coronavirus pandemic, the cryptocurrency industry is stepping in to shelter job losses, with some of the biggest companies in the space announcing their intention to hire new employees. Binance, the world’s largest cryptocurrency exchange, has just announced that it is seeking to hire more than 100 new employees, despite the ongoing economic downturn. In an April 3 tweet, Binance invited people around the world to build a career in the Blockchain space, offering a crucial opportunity to “work from home” as global jurisdictions continue strengthening quarantine measures. Binance CEO and founder, …

Trillions of dollars have been injected into the global markets in an attempt to revitalize the world economy. The U.S. alone recently hit its highest unemployment rate in history. The whole world seems to be falling apart except for blockchain Kraken, one of the largest cryptocurrency exchanges in the United States, is looking to increase its job force by 10%, despite the recent dips in crypto price, according to Forbes on March 26. Kraken’s team, currently 800 members strong, is adding an additional 67 hires to the company over the coming weeks. Many of the company’s openings are for people …

Despite the rising value of blockchain skills in the global job market, some countries like China reduced salaries offered to blockchain employees in 2019, a new report says. According to the “2020 China Blockchain Professional Development Report,” the average salary offered to blockchain industry professionals in China dropped 37% year-over-year since 2018. Imbalance between supply and demand in blockchain talent is increasing Published on March 19, the report was compiled under the guidance of the Internet Industry Research Institute of Tsinghua University. As reported by local publication Sina Finance, the joint report was provided by blockchain professional information service platform …