Blockchain, often seen as a niche technology, could become a key player in reshaping global labor markets by 2030, creating over 1.5 million jobs.
Summary: Growing Blockchain Market
Currently, blockchain employs around 15,000 to 20,000 people worldwide. However, forecasts suggest that if blockchain follows the pace of artificial intelligence (AI), it could create more than 1.5 million new positions by 2030. Adoption of blockchain in crucial sectors like finance, healthcare, and logistics will drive this growth.
Need for Industry Funding
To compete with AI in terms of market size and job creation, blockchain needs increased funding parity. In 2023, AI startups attracted more than $100 billion in venture capital, compared to only $25 billion for blockchain. Increased funding would accelerate innovation and adoption of blockchain while supporting the creation of new specialized jobs.
Key Regions for Talent Demand
Demand for blockchain talent is primarily concentrated in North America (40% of jobs) and Asia-Pacific (35%). These regions are leading innovation hubs and benefit from crypto-friendly policies. Countries like Singapore and Vietnam are expected to play a crucial role in recruitment with their pro-blockchain initiatives.
Blockchain is at a critical juncture in its development. With clear regulation, increased investment, and broader adoption, it could soon rival AI in global job creation and reshape key sectors of the global economy by 2030.
