Blockchain Talent Shortage Crisis - How This Company Is Working to Fill the Blockchain Developer Void

Blockchain Talent Shortage Crisis – How This Company Is Working to Fill the Blockchain Developer Void

Written by Sam Messiska, Benzinga

Flensburg, Schleswig-Holstein – News Direct – Chainsulting

Blockchain development has become one of the most badly needed Century skills.

Businesses large and small alike are benefiting from blockchain – the underlying technology that underpins cryptocurrencies like Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) – To reduce costs, increase trust, improve security, and improve traceability of data shared across networks.

Many multinational companies, including IBM Corporation. (NYSE: IBM), Microsoft Corporation. (NASDAQ: MSFT) and Oracle Corporation (NYSE: ORCL) are implementing blockchain in their business strategy. Blockchain has disrupted many key economic industries, including business and finance, and created decentralized finance (DeFi) institutions such as Opensea and Uniswap.

The demand for coding roles is at an all-time high

Due to the growing number of organizations working with crypto and blockchain, the need for skilled talent in the industry has risen in recent years. Last year, the job search engine actually mentioned Huge 118% year-over-year jump in cryptocurrency and blockchain vacancies.

Blockchain developers are still in short supply globally

The global blockchain industry suffers from a shortage of skilled candidates. a study LinkedIn Corp. revealed. And OKX using data collected from 180 countries between January 2019 and June 2022 shows an imbalance in the supply and demand for talent in the global blockchain space, with a short supply of qualified candidates.

Data from the report shows that the number of LinkedIn members working in the blockchain space grew 76% year-on-year through June, but the countries that produce the most blockchain professionals are seeing a decline in talent growth.

Emily Landon, CEO of Crypto Recruiters said: blockworks That her company receives huge demands for marketing, investor relations, and developer roles, as well as those skilled at programming blockchain languages ​​like Rust and Solidity.

“Finding artistic talent is becoming increasingly difficult as candidates do not always market themselves well on LinkedIn,” Landon said. “Others have deleted their LinkedIn accounts due to spam from recruiters, and flocked to Twitter and Discord instead. It makes finding them on those platforms difficult.”

Chainsulting says it is on a mission to narrow the talent gap by helping companies hire highly skilled and experienced blockchain developers.

Bridging the gap by outsourcing talent

sequence It has provided consulting and development services to the blockchain industry since 2017. The company provides Web3 development, consulting, and security services to the growing industry.

Yannick Heinz, CEO of Chainsulting, says its team uses the best development tools and blockchain architectures to build and implement customized Web3 solutions for its clients.

While the blockchain allows smart contracts to be created for digital assets such as tokens, smart contracts have been targets of cyber attacks that have historically led to millions of dollars in losses. Smart contract audits help organizations discover potential vulnerabilities and security holes in the code behind smart contracts.

Chainsulting prides itself on having a wide range of successful projects in its portfolio, ranging from e-commerce to mobile payment platforms. The company helped make improvements to Shopping.io (an e-commerce platform that allows users to pay for crypto goods), developed several DeFi products for major Web3 brands, helped companies like Impropable, Ozzy Osborne’s CryptoBtz and 1 Inch secure their infrastructure, For example, but not limited.

Chainsulting is a software development company, founded in 2017 and headquartered in Germany. It shows the ways, opportunities, and risks and offers comprehensive web3 solutions. Their services include web 3 development, security and consulting. Chainsulting conducts code audits on market-leading blockchains such as Solana, Tezos, Ethereum, Binance Smart Chain, and Polygon to mitigate risks and instill confidence and transparency in the vibrant crypto community. They have also reviewed and secured 1Inch smart contracts, POA Network, Unicrypt, and LUKSO, among many other DeFi projects. Chainsulting currently secures 100 billion dollars In user funds unlocked in multiple DeFi protocols. The team behind the leading audit firm draws on their strong technical expertise in the Web3 sector to deliver first-class smart contract auditing solutions, tailored to meet clients’ evolving business needs.

This post contains sponsored advertising content. This content is for informational purposes only and is not intended as investment advice.

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