Blockchain jobs continue to grow

Despite the critical global outlook, jobs related to the world of crypto markets and blockchain technologies have not stopped increasing.

 Blockchain jobs continue to grow

Towards global financial change

In the midst of the financial crisis caused by the expansion of the COVID-19 pandemic, the United States Federal Reserve has announced the injection of billions of dollars into the market as a measure that attempts to cushion the damage that is being suffered by the American economy. Most of the world's central banks have joined this line, in an attempt to revitalize the world economy. The global unemployment rate has skyrocketed due to the quarantine situation that most of the countries in the world are going through: this is because companies cannot pay their employees with production completely slowed down.

** Cryptocurrency exchange CrossTower announced on June 22 a fundraising of $ 6 million in a new round of seed funding led by former Skype and WIX board member Gerard Lopez.

Despite the critical global outlook, jobs related to the world of crypto markets and blockchain technologies have not stopped increasing. The Indeed platform, has reported a proportion of 118.4 per million jobs that are based on blockchain technology for February 2020, which compared to the figure of 114.5 per million blockchain-based jobs that were reported in December 2019, gives us a 3% increase in blockchain related jobs in the last two months.

** Chinese-based Bitcoin mining equipment maker Ebang announced its plans to expand its business through the creation of a currency exchange and the establishment of mining farms.

Bitmain's founder Jihan Wu revealed that the sentiment in the blockchain industry is very optimistic for the future and explained that: “There are two reasons: first, from the experiences of China and its neighboring countries, the coronavirus can be get and take under control in about 2 months. Second, countries around the world are adopting large quantitative easing monetary policies."

Gemini co-founder Tyler Winklevoss is highly critical of the decisions being made by global central banks and said that Bitcoin "is the only vaccine in the world that can give immunity to money printing disease."