Fintech blockchain positions in demand in 2017

Fintech blockchain positions in demand in 2017The financial technology sector is booming, and many industry analysts predict that jobs related to the blockchain will be the most lucrative next year.

Recently,¬†2017 was hailed as “the year of the blockchain” by technology journalist John Kennedy in an article for Silicon Republic.

Blockchain technology is that which enables digital transactions to be made, and can involve financial transactions or those involving security properties, customer information or personal identity information, as the article explained. Investment is growing in the field, with Pricewaterhouse Coopers funneling $1.4 billion into blockchain startups since February 2016.

With the expansion of the blockchain technology forecast for next year, coding jobs will be particularly in demand, especially as they relate to blockchain applications in the financial technology, or fintech, industry, according to a post by Nako Mbelle, founder of FinTech Recruiters, in a post for Finance Magnates.

Financial services firms looking to strengthen their blockchain development will specifically be looking for senior backend engineers and cryptographers, according to the source, and technical skills like encryption, programming and cybersecurity will be some of the most desired.

The article noted that blockchain systems engineers can make an annual salary of between $150,000 and $175,000 in the U.S.