Cryptocurrency has experienced the predicted “Crypto-Boom” which followed the value of cryptocurrencies like Bitcoin and Litecoin, and ICOs got plumbed, however, the demand for the engineers specialized in blockchain is exceptionally high.
A San Francisco firm called Hired has provided the global data to CNBC by stating that on an average basis the blockchain engineers make around $150,000 to $175,000. Hired also helps the clients to recruit tech candidates. According to Hired, the salary of a blockchain engineer is quite premium when compared with a typical software engineer.
Hired also claims that the salaries for engineers with expertise in blockchain are as close to the developers who are specialized in artificial intelligence and significantly higher than any other specialized engineers.
The demand for blockchain engineers is growing rapidly as big players in tech industries, and many international brands have started working on the projects which utilize the blockchain technology. Some of these companies are IBM, Facebook, Microsoft, and Amazon.
At the end of 2017, Hired has added the blockchain as a sub-role to some of its services. The company has also witnessed the job postings which definitely seeks the employees with blockchain as a specialized skill set by almost 400 percent.
The CEO of Hired, Mehul Patel said that “There is a lot of demand for blockchain now.” There is a shorter supply of software engineers, and this is one of the reasons why the salaries for these particular set of engineers is higher.
These type of employment carries titles like backend engineer, solutions architect or systems engineer, nevertheless most of these positions sort of lists blockchain as a demanding skill set for jobs.
Building technology with blockchain as the core requires sheer talent.