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LinkedIn: Blockchain most in-demand hard skill in 2020


If you want to land a high paying job, it appears that blockchain is the answer. Last week LinkedIn published a list of most in-demand skills for the new year, with blockchain leading the top-ten list of hard skills. In 2019, blockchain didn’t make the list at all.

Blockchain also ranked as the most in-demand skill in the United States, the United Kingdom, France, Germany, and Australia.

Rounding out the top five skills were cloud computing, analytical reasoning, artificial intelligence and UX design.

Somewhat unfortunately, LinkedIn describes blockchain as a “business solution in search of problems”. That’s despite most practitioners in the area urging companies to define the problem first, then decide which technology is most appropriate to address the pain point, even if that’s not blockchain.

But the LinkedIn results could perhaps be a reflection of a shortage in supply.

According to LinkedIn, its methodology for determining in-demand was based on people getting hired for high paying jobs. The skillsets were extracted from their LinkedIn profiles. And they compared these highly demanded skills to the supply.

Firms mentioned by LinkedIn as hirers included IBM, Oracle, JPMorgan Chase, Microsoft, Amazon, and American Express. Two months ago, job site Indeed said that the biggest recruiters of blockchain staff were Deloitte, IBM, Accenture and Cisco.

LinkedIn certainly has the data from which to draw its conclusion. The company earned 64.6% of its revenues from “talent solutions” when it last released its revenue breakdown before being acquired by Microsoft in 2016. LinkedIn’s 2019 revenues were $6.85 billion.

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