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First with the News

Search For Jobs in $40b Global Blockchain Market – Modupe Ativie Tells Nigerians

"As blockchain technology continues to evolve, so would its professional opportunities."

January 18, 2021
in Economy, Top Stories
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Search For Jobs in $40b Global Blockchain Market - Modupe Ativie Tells Nigerians
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As unemployment continues to bite harder, Nigerians have been urged to explore growing job opportunities in the global blockchain market size projected to reach $40 billion by 2025.

African Lead, Global Women Blockchain Alliance, Mrs Modupe Ativie said the increasing popularity of blockchain technology in retail and supply chain management are expected to drive the market.

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Ativie said the market for cryptocurrency is expanding rapidly as corporate users in the banking, financial services, and insurance (BFSI) sector and government offices are increasingly adopting cryptocurrencies.

According to her, the demand for blockchain solutions is increasing due to the rising adoption of blockchain technology by firms for strengthening their daily operations and increasing security.

Mrs Ativie who said the blockchain expertise is one of the hottest in the job market, added that Blockchain development is a highly marketable career path because people were eager to realise all its benefits.

According to her, the demand for people with blockchain skills is high, due to its many fields of application, adding that the industry was looking to hire those who have the skills set to navigate the new technology.

She said her organisation is training blockchain developers with the expertise to help firms explore blockchain platforms.

As blockchain technology continues to evolve, she noted, so would its professional opportunities.

Meanwhile, recession and automation are changing our future of work, but there are jobs coming, World Economic Forum Report has said.

The report said the workforce is automating faster than expected, displacing 85 million jobs in the next five years.

The Future of Jobs 2020 report has found that COVID-19 has caused the labour market to change faster than expected.

By 2025, the report said automation and a new division of labour between humans and machines would disrupt 85 million jobs globally in medium and large businesses across 15 industries and 26 economies.

As the economy and job markets evolve, the report said 97 million new roles would emerge across the care economy, in fourth industrial revolution technology industries such as artificial intelligence, and in content creation fields.

Now in its third edition, The Future of Jobs report maps the jobs and skills of the future, tracking the pace of change.

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