Entrance to Facebook headquarters complex in Menlo Park, California
This news does not come as a surprise, as Facebook had been fast expanding its blockchain proficiencies by hiring blockchain academics, engineers and developers within the last year. At present, the organization has more than 10 job openings with the term “blockchain” in the title and an estimated 35-55 employees working in the division.
This change reflects what is taking place in the broader blockchain sector. The recent 2018 LinkedIn Emerging Jobs Report names Blockchain as one of the leading job markets and skill sets on the rise, with a 33-time increase since the last year.
CoinReport would like to thank PR firm Wachsman for sharing the below comments with us.
Rutger van Zuidam, founder and CEO of Odyssey, an Open Innovation Program connecting innovative ideas with governmental, corporate, and non-profit partners to address complex societal challenges using blockchain, AI, and other emerging technologies: “The impact of major players such as Facebook, Amazon, and Pfizer entering the blockchain space completely depends on their perception as to why blockchains exist in the first place. We have learned that the players who are building open markets and open data ecosystems that enable all possible stakeholders to contribute to collective success, are the ones who are well placed to leverage blockchain.
We have seen demand for blockchain-based jobs skyrocket, however the question is not whether the supply of talent meets the needs of the industry, but whether the industry is able to ask the right questions of the market in order to draw the right talent.