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By Sam Msiska, Benzinga

Flensburg, Schleswig-Holstein

–Direct News–

Blockchain development has become one of the most very demanding craftsmanship of the century.

Businesses large and small are leveraging blockchain – the underlying technology that powers cryptocurrencies such as Bitcoin (ENCRYPTION: BTC) and Ethereum (ENCRYPTION: ETH)— to reduce costs, increase trust, improve security and also improve the traceability of data shared on networks.

Several multinationals, including IBM Corp. (NYSE:IBM), Microsoft Corp. (NASDAQ:MSFT) and Oracle Corp. (NYSE:ORCL) are said to have implemented blockchain in their business strategy. Blockchain has disrupted several key economic industries, including business and finance, and spawned decentralized finance (DeFi) institutions such as Opensea and Uniswap.

Demand for Crypto Roles Reaches All-Time High

Due to the growing number of companies working with crypto and blockchain, the need for skilled talent in the industry has exploded in recent years. Last year, job search engine Indeed reported a massive 118% year-over-year jump in cryptocurrency and blockchain job postings.

Blockchain developers remain in short supply around the world

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

Report data shows the number of LinkedIn members working in the blockchain space grew 76% year-over-year through June, but the countries producing the most blockchain professionals are seeing a decline in talent growth.

Crypto Recruiters CEO Emily Landon said blockages that his company receives overwhelming requests for marketing, investor relations, and developer roles, as well as people skilled in programming blockchain languages ​​like Rust and Solidity.

“Finding technical talent has become increasingly difficult because candidates don’t always market well on LinkedIn,” Landon said. “Others have deleted their LinkedIn accounts because of spam from recruiters, flocking to Twitter and Discord instead. It’s hard to find them on those platforms.”

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

Bridging the Gap with Talent Outsourcing

Chainsulting has been providing consulting and development services to the blockchain industry since 2017. The company offers Web3 development, consulting and security services to the growing industry.

Yannik Heinze, CEO of Chainsulting, says his team uses the best developer tools and blockchain architectures to create and implement custom Web3 solutions for his clients.

While blockchain enables the creation of smart contracts for digital assets such as tokens, smart contracts have been the target of cyberattacks that have historically resulted in multi-million dollar losses. Smart contract audits help organizations discover potential flaws and security vulnerabilities in the code behind smart contracts.

Chainsulting is proud to have a wide range of successful projects in its portfolio, ranging from e-commerce to mobile payment platforms. The company helped revamp Shopping.io (an e-commerce platform that lets users pay for goods in crypto), developed several DeFi products for major Web3 brands, and helped companies like Improbable, Ozzy Osbourne’s CryptoBatz and 1 inch to secure their infrastructure, to name a few.

Chainsulting is a professional software development company, founded in 2017 and based in Germany. They show the ways, the opportunities, the risks and offer complete web3 solutions. Their services include web3 development, security and consulting. Chainsulting performs code audits on market-leading blockchains such as Solana, Tezos, Ethereum, Binance Smart Chain, and Polygon to mitigate risk and build trust and transparency in the vibrant crypto community. They have also reviewed and secured smart contracts from 1Inch, POA Network, Unicrypt, LUKSO among many other top DeFi projects. Chainsulting is currently securing $100 billion in user funds locked in multiple DeFi protocols. The team behind the leading auditing firm leverages its strong technical know-how in the web3 industry to deliver best-in-class smart contract auditing solutions tailored to clients’ ever-changing business needs.

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

Contact details

Chainsulting

hello@chainsulting.de

Company Website

https://chainsulting.de/

See the source version on newsdirect.com: https://newsdirect.com/news/the-blockchain-talent-shortage-crisis-how-this-company-is-working-to-fill-the-blockchain-developer-void-255710497

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