JPMorgan Chase was the only financial firm in the top 10 companies posting jobs with the words “blockchain,” “cryptocurrency,” or “bitcoin” over the past year
The biggest bank in America is continuing on a blockchain rampage by posting more jobs in the industry than any other financial firm. According to results released today by job-hunting site Indeed.com, JPMorgan Chase was the only financial firm in the top ten companies posting jobs with the words “blockchain,” “cryptocurrency,” or “bitcoin” over the past year.
The only companies to post more jobs than JPMorgan Chase were tech firms IBM and Cisco, and consulting firms Accenture, EY, KPMG, and Deloitte, the last of which posted more jobs than any other company. Wrapping up the top-ten list was Microsoft, ethereum incubator ConsenSys, and little-known Conduent, which"It’s notable that there’s a lack of financial and banking companies hiring for something that’s made to replace money," said Indeed.
From February 2018 to February 2019, the share of job searches per million on the job site decreased by 67%, Flowers said, further correlating the drop to the decrease in the price of bitcoin and other cryptocurrencies."Job-seeker interest has collapsed because it tracks the price of bitcoin," Flowers says."Job seeker interest is as volatile as the price of bitcoin."
While the survey doesn’t speculate as to the reason the job postings have increased in spite of the price drop, one possibility is the recent increase in the number of large companies exploring non-cryptocurrency applications of blockchain. While the decentralized, shared blockchain ledger that powers bitcoin first promised to let individuals move value without middlemen like banks, enterprises are exploring how similar shared ledgers can enable other movements of value without other middlemen.
To give some broader perspective on the trend, the Indeed.com survey shows a 4,086% increase in related job postings to the site since 2016 and a 553% increase in job searches over the same period.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
JPMorgan Is Hiring For More Blockchain Jobs Than Any Other Wall Street FirmJPMorgan Chase is now posting more blockchain jobs to Indeed.com than any other financial firm.
Read more »
JPMorgan Is Hiring For More Blockchain Jobs Than Any Other Wall Street FirmJPMorgan Chase is now posting more blockchain jobs to Indeed.com than any other financial firm.
Read more »
JPMorgan Is Hiring For More Blockchain Jobs Than Any Other Wall Street FirmJPMorgan Chase is now posting more blockchain jobs to Indeed.com than any other financial firm.
Read more »
JPMorgan Harnesses AI, Aiming to Boost Client ServicesJPMorgan Chase is pushing ahead with plans to feed decades’ worth of client data into smart technologies, with an eye to boost customer services, said Manuela Veloso, the bank’s head of artificial-intelligence research.
Read more »
Restaurant Brands Have A New Consumer To Chase: Millennial ParentsAccording to a new report from The NPD Group, millennials with kids increased their restaurant visits by 5% in 2018 over 2017. Millennials and their families made 7.3 billion visits to limited-service restaurants in 2018, mostly during dinner time.
Read more »
Late Godin and Griezmann goals keep Atletico in title chaseAtletico Madrid left it late to see off Girona 2-0 at home on Tuesday as strikes...
Read more »
8 of the best credit card offers this month — including a last-minute deal that expires soonThe best credit card sign-up bonus offers of April 2019 include deals from Delta, IHG, and Marriott, and the best Chase offer we've seen on the Sapphire Preferred.
Read more »
Arizona woman arrested for leading Border Patrol agents on car chase with illegal immigrants hidden in trunkThe 28-year-old woman, who was driving a Chevy sedan, ran into an immigration checkpoint near Amado, Arizona on Thursday afternoon while carrying two illegal immigrants in the back of her trunk.
Read more »
$125 million lawsuit filed against Weather Channel for 'horrific' crash that killed 3 during a 2017 tornado chaseThe mother of a man killed in a 'horrific' 2017 car accident filed a $125 million wrongful death lawsuit against the Weather Channel.
Read more »