The number of jobs and job seekers in the Asian crypto space is growing, according to leading recruiters in the region. Also in The Daily, Colombia may soon become a crypto-friendly nation, California and Russia want to use blockchain tech for insurance and pensions, and Malaysians remain bullish on cryptocurrencies, despite market trends this year.
More Jobs and Job Seekers in the Asian Crypto Space
Jobs in the crypto and blockchain industry in Asia are enjoying increasing popularity among job-seekers from other, traditional sectors. Data from job search engine Indeed’s platforms in the region, including India, Singapore, Malaysia, and Australia, confirm the strong interest in roles in the space. Also, there’s been a 50 percent increase in the number of openings in the field since 2017, according to recruitment firm Robert Walters.
Many of the candidates, however, come from a different professional background, as the sector is still in its infancy. “We hardly ever hire from inside of crypto because most people are very inexperienced. You have very, very few experienced people who get into the crypto industry,” says Julian Hosp, co-founder of Singapore-based crypto wallet and card provider Tenx, quoted by CNBC. He also notes that the number of applicants depends on market trends.
“Not many people have the actual skill sets”, adds John Mullally, director of financial services at Robert Walters in Hong Kong. Professionals that are currently entering the sector come from a wide range of backgrounds, not only tech and financial. Many of them have prior experience in marketing, public relations and operations, the recruiting specialists point out.