LinkedIn: Blockchain Tops List of Most In-Demand Skills for 2020

Blockchain technology is making its way into every sector, so naturally it makes sense that companies will want to hire individuals who have employable skills related to blockchain. Blockchain, which is the underlying technology that serves as the basis for cryptocurrencies, topped LinkedIn’s list of most in-demand skills for 2020.

“Last year, cloud computing, artificial intelligence and analytical reasoning led LinkedIn’s global list of the most in-demand hard skills,” LinkedIn wrote in a report. “They’re all on the list again this year, but a skill we weren’t even looking at a year ago – blockchain – tops the list of most in-demand hard skills for 2020.”

LinkedIn’s assessment was derived after looking the profiles of the users who were getting hired at the highest rates.  After all was said and done, blockchain-related skills were the most ones deemed the most employable.

“Blockchain has emerged from the once shadowy world of cryptocurrency to become a business solution in search of problems,” LinkedIn wrote. “Which means that you don’t have to be in financial services to be seeking new hires who have background and expertise in putting blockchain to use.”

Capitalize on Blockchain via ETFs

ETF investors looking for blockchain-focused funds can start with the Reality Shares Nasdaq NexGen Economy ETF (NASDAQ: BLCN). BLCN seeks long-term growth by tracking the investment returns of the Reality Shares Nasdaq Blockchain Economy Index, which is designed to measure the returns of companies that are committing material resources to developing, researching, supporting, innovating or utilizing blockchain technology for their proprietary use or for use by other blockchain-focused companies.

China continues to bolster its global position as a purveyor of cryptocurrencies and its underlying technology, blockchain, as the Bank of China is utilizing the technology to issue $2.8 billion in financial bonds, according to a Cointelegraph report.

The bonds will consist of debt issues from small companies and micro enterprises—a move by China to strengthen its businesses to help develop its economy. With the U.S.-China trade wars lingering in the backdrop, the second largest economy is looking to wean itself off dependence on the U.S. in certain sectors.

Rather than getting broad-based exposure to China, ETF investors can opt for the Reality Shares Nasdaq NexGen Economy China ETF (NASDAQ: BCNA). BCNA seeks long-term growth by tracking the investment returns of the Reality Shares Nasdaq Blockchain China Index comprised of blockchain-related companies located in Hong Kong and mainland China. The index is designed to measure the returns of companies that invest in or utilize blockchain technology.

For more market trends, visit ETF Trends.