Talent shortages are nothing new in the technology sector, so the present demand for team members with block-chain experience is to be expected. Consider this, as of 2017, there are an estimated 19,000,000 software engineers worldwide, compared to approximately 30,000 blockchain developers. The industry born from bitcoin is currently facing a massive talent gap. As more and more crypto and blockchain-for-business ventures are launched, the pool of qualified candidates continues to diminish.
And equally important, blockchain is not just a new programming language, but also a seismic shift in the way business in every industry will be done in 2018 and beyond. Just as bitcoin aimed at removing self-interested, big-bank middlemen, the blockchain revolution strikes blows at antiquated, third-party oversight and control and pushes power and authority to the lowest level possible—the individual. Future Steve Jobs of the world are taking note.
Cases in Point:
Content Kid (http://www.contentkid.co/) is a new start-up that is taking on the subscription industry. This disruptive payment company is using blockchain technology to provide short-lived subscriptions that users enjoy for a limited amount of time—an hour or a day—versus the traditional monthly or yearly subscription fees. This solution is tied to Hyperledger Blockchain and will help reduce fraud while bringing users the premium content that they need for a short project or a school assignment.
Decissio (https://decissio.com/) brings AI-powered investing to venture capitalist firms with ease and clarity. This company provides its investor clients with information that will supplement their interests, and keep track of their investments in one easy-manageable software. Decissio users can streamline information from their collective businesses into records that are correct and easily auditable if needed.
Cognate (https://cognate.com/) takes blockchain development and incorporates it into a common law trademark registry. The program allows users to create common law trademarks for their companies or ideas, and easily keep tabs on these trademarks through their system. Common law trademarks are becoming useful tools for entrepreneurs as they are used as a mark in commerce, and are typically upheld without the need for an expensive federally-registered trademark.
Flowchain (https://flowchain.co/) is a company that provides ledger technology for Internet of Things (IoT) devices that are able to act in real time in a peer-to-peer network. The possible applications for a true peer-to-peer IoT network could extend from smart homes to creating cities with IoT in mind, and all based on blockchain infrastructure.
Safe (http://www.safemovement.org/) has brought disruption technology to everyday life. With Safe, a user will be able to network members to display their verified STD status on their phone and within certain apps if they prefer. The company has linked with LabCorp and Quest diagnostic labs to create an easy to use and safe way to access your test results.
Blockphase (https://www.blockphase.com/) is a blockchain based copyright enforcement tool for both VR/AR and 360-degree video content. The platform allows users to post their content to their site, but it will also assist users to protect their copyrights with their infringement search tool. A user will be able to manage and monitor their copyright with ease, which lets them focus on creation, not fraud.
These are just a few of the hundreds of start-ups in high gear. Whether you are a Founder, CEO or Engineer, now is the time to get to the forefront of the revolution.