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LinkedIn announces a 600% increase in crypto-based job applications

LinkedIn announces a 600% increase in crypto-based job applications

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Answer LinkedIn announces a 600% increase in crypto-based job applications

Recruitment-oriented social media platform LinkedIn has reported that there is an incredibly high demand for employees with expertise in the crypto and blockchain space.

According to report Released October 27 by platform editor Devin Banerjee, data from LinkedIn’s economic graph team shows that US job postings that included keywords like “crypto” and “blockchain” are up 615% from what they were in August. 2020.

The data also indicates that although many of those jobs came from companies already operating in the crypto or blockchain-related space, the traditional financial institution JPMorgan was one of the best employers for job vacancies in the crypto world.

Additionally, the LinkedIn team told that financial services companies are expected to hire more than three times the number of employees with exposure to cryptocurrency, compared to 2015.

Read:An estimated $97 billion worth of Bitcoin hasn’t moved in 365 days!

As of July, job announcements by JPMorgan included positions focused on global blockchain development, blockchain-related software developers, engineers, auditors, as well as marketers.

At one time, LinkedIn posted more than 30 vacancies for its US operations within one week.

According to Roman Rigelman of BNY Mellon, the opportunities in digital assets are enormous, and now talent can be attracted in many different ways.

Meanwhile, many other large companies that are not entirely related to crypto or finance have posted jobs related to the crypto industry.

Back in February, major online retailer Amazon announced that it was looking for a software development manager in Mexico to help launch a new payment product.

Also in May, Apple said it would prefer someone with experience with “alternative payment providers” including cryptocurrencies for the position of business development director.

Read:Ripple’s partnership with “MoneyGram” officially ends, and the SEC lawsuit continues

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