Covering Disruptive Technology Powering Business in The Digital Age

Recently released research by leading global jobs portal Indeed shows that jobs requiring knowledge in blockchain, cryptocurrency or NFTs have grown 80% in Singapore in the past year. The data also reveals an acceleration in the market’s demand. In 2020, the increase was 20%.

The report also states that a growing number of positions require some knowledge in these areas. From January 2021 to 2022, the number of job titles with similar demands almost doubled.

In 2019, most roles asking for blockchain or crypto expertise were technical, such as software engineers, developers and software architects. By 2021, roles like compliance officers, community managers, recruiters, and social media specialists also included requests for knowledge in blockchain, cryptocurrency or NFTs.

“Our research identified two primary trends in the market. The first is the growing demand for technical professionals, like developers and software engineers, who have skills in these news areas. The second is that, even for non-technical professionals, knowing about these technologies can become a differential to get a job. For these professionals, the level of expertise required can vary a lot, but it seems that some knowledge is already making a difference,” said Nishita Lalvani, Senior Manager at Indeed in Singapore.

In the last two years, in addition to technical areas, some jobs in media, law and arts also started demanding expertise in blockchain, cryptocurrency or NFTs.

Indeed’s research identified the trend observed in Singapore in other regional countries. In the past year, the demand for professionals with these abilities grew 370% in the Philippines, 213% in Vietnam, 211% in Thailand and 266% in Indonesia.

“Singapore is an Asian financial and technological hub. The country understands that these new technologies have the potential to disrupt several sectors of the economy and is investing to be at the forefront of the transformation,” added Lalvani.

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