The Blockchain industry has been growing rapidly over the last few years, and the number of skilled, knowledgeable, skilled people in the field seems to be no longer sufficient for the industry. The fintech firm focused Blockcha Ripple ‘by a manager from providing training section on Blockcha of these shortcomings stem from the inadequate university.
Major Labor Shortage
In a message titled mak Filling the Blockchain capabilities yetenek, Ken Weber, Ripple’s social impact manager, explained how the Blockchain industry has recently interpreted its appearance.
Weber stated that there was a great shortage of labor in the sector and that the demand for engineers to work on Blockchain has increased by 517% and made the following statement:
But the main issue is that demand is much higher than supply. Only 11% of businesses in the UK expect to employ enough technology experts this year, and the number of businesses that can hire the right Blockchain experts is far less than that.
On the other hand, Weber, Blockchain technology engineers to work in the field of technical staff, as well as people who will work in areas such as senior management, he added. According to Weber, the open is far beyond just technical staff…
So, What’s the Solution?
When it comes to things that can solve this workforce shortage, Weber says that the changes in the education system can raise more talented people to work in the Blockchain sector.
Education and training, staff shortages and Blockchain-based roles should be the driving factor behind the gap in the workforce.
In addition to this, according to Weber, the reason why the education system has been slow in this respect is that the Blockchain sector is growing very fast and academic institutions cannot keep up with this growth.
On the other hand, educational institutions such as Financial Business School in Paris and Granja Laboratorio Petro School in Caracas in Venezuela continue to teach Blockchain and cryptocurrencies.