Blockchain: A Possible Cure For Labor Market Woes

Career development and growth are paramount for every individual. But at the same time, the harsh reality is that there is a stark mismatch between the demand for skills in the market and the education that we have in school and colleges. It’s essential to have a balance between the two. Hence, it becomes essential for students to learn skills that can fetch them a good job. Blockchain certifications hold a great potential not only in the present but also for the future. Ever since Blockchain development started, the market has changed, and the demand for Blockchain certification holders have increased. A recent report by the American Council on Education suggests that Blockchain can help restore individuals’ control over their credentials.

So How Is Blockchain Going To Help:

The primary reason Blockchain has become so successful is that it overcomes the problem that haunts the conventional system. If we talk about the job market, then it is oversaturated. Most of the companies don’t have the positions, and many of the profiles don’t have the necessary skills. For example, currently, most of the companies focus on hiring blockchain professionals, but the number of individuals who have Blockhain courses or knowledge about Blockchain development is less. One of the reasons for this is the lack of awareness amongst the individuals and colleges who fail to promote this course.

Here again, we can use the Blockchain platform. This platform can become a reservoir for updating all the required skills, and updates from companies and colleges can access this. Knowing the kind of professional qualification requirements in the market will help colleges to prepare the candidate accordingly. Moreover, colleges can also introduce new skills that students can learn and hone themselves.

Let’s quote an example here, we have a blockchain platform wherein a company updates about its recent hirings and profiles, and it gets regularly updated. Now, this platform is also accessible to college. They can scour through it and prepare their curriculum accordingly. It will eventually help in filling the gap between the demand and supply of workforce and job. Also, this DLT is tamper-free, so all the information and credentials are authentic. Moreover, colleges or companies can directly interact with each other, thereby reducing any interference or intermediary.

Thus, we can say that Blockchain can be of great help in handling labor market woes.

The Way Ahead-

Many companies are now looking for Blockchain professionals. This is especially noticed in the banking sector, where Blockchain KYC professionals are in high demand. This is only because this technology offers some fantastic benefits and is free from any vulnerabilities. Moreover, Blockchain is still at a growing stage, and a lot more has to happen in Blockchain development. Thus, it is a futuristic technology. Developing the necessary skills is going to help you get good growth.

Choosing The Right Learning Platform

Blockchain Council is a leading name that offers a wide spectrum of Blockhain certification program. If you wish to make a career in Blockchain development, this is the right time to begin.

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Created on Jun 15th 2020 02:33. Viewed 238 times.

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