Insights

The Race for Blockchain Talent

The likes of IBM, Oracle, SAP and Microsoft and other enterprise focused businesses are leading the race to acquire Blockchain talent. Large companies hiring in Blockchain have not started building products, yet. The above companies are hiring talent to help develop technical solutions that solve a client’s problems or for Blockchain evangelism.

There is a distinct lack of interest in the technology from Silicon Valley firms like Google and Facebook in this field. The lack of participation from SiliconValley product firms is due to the fear that the tech is not ready to scale – the computational energy required to post a single Blockchain transaction is enough to power the average U.S. household for a week.