As you could see in many occasions on our DC Forecasts crypto news site, we have covered the topic of blockchain and the need for expert blockchain developers all around the world. In a latest survey-based report done by Computer World, the numbers are even greater.
To sum things up, this report shows that blockchain developers are right now earning more than they were six months ago. The annual pay for blockchain developers is now in the highest bracket, increased by over $4,000 according to the survey.
Currently, the median annual pay for blockchain developers is $132,000 while experienced developers earn even more – up to $176,000 especially when they change employers. This puts blockchain developers and their salaries among the top of the IT jobs, right next to data scientists, database managers, ERP data architects and ERP data engineers, all ranking above blockchain developers.
According to the tech recruitment firm Hired, the job postings for blockchain-related jobs had risen by 400%. The job site Glassdoor also disclosed that job postings related to crypto and distributed ledger technology had risen by 300%.
Last month, the professional social network site LinkedIn reported that blockchain development was the biggest growing field on their platform, revealing job listings for software engineers with the capacity to develop distributed ledgers and their 33-time increase in 2018.
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“I would say payment and utility tokens are more or less over, sometimes they make sense.”Talking about stablecoins, he explained that their decentralized mechanism is what makes sure that they are legally considered to be payment tokens rather than securities:
“Stablecoins are a precondition to enable average companies to bring their equity onto the blockchain, because if they issue bonds or shares they want to do so against U.S. dollars, euros or Swiss francs, because those are the currencies they calculate in, not Bitcoin (BTC) or Ethereum (ETH).”Meisser also pointed out that the banks in Switzerland still don’t attempt to try crypto but local startups do use them as a way to avoid banking difficulties in the country.
Bitfury Enters Music Industry With Blockchain-Based Open Source Platform Launch
“The Surround platform will enable the entire music entertainment industry to streamline operations through secure transfer of copyright assets, streamlined connectivity as well as better monitoring and management systems."The launch of this new service marks the expansion of Bitfury onto various aspects beyond mining. Within the ecosystem, this week also saw the company bringing off-chain payments through the Lightning Network (LN) to their first exchange environment thanks to a partnership with Poland's BTCBIT. As the CEO of Bitfury commented about the Surround project:
"The music entertainment industry has evolved into a complex, competitive, technology-driven environment that suffers from a severe lack of transparency.We want to champion artists and help incentivize the growth of the entire industry through the creation of this open, blockchain-based ecosystem."There are many blockchain entities which are tackling the music industry transparency for several years, with ideas such as blockchain-based streaming service being revealed in 2018.
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