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Last year, cloud computing, artificial intelligence, and analytical thinking led the global list of the most sought-after hard skills on LinkedIn. This year, however, one skill stands out that was not in sight a year ago: blockchain.

According to the LinkedIn Talent Blog, blockchain will play an important role in the area of ​​“hard skills” in 2020, which applicants should bring to convince recruiters. Blockchain is at the top of the list of the most requested hard skills for 2020.

Blockchain for the first time before cloud computing, AI and analytical thinking

In our digital world, the skills that are valued in the business world are changing rapidly.
While the soft skills valued by companies are gradually changing, the most sought-after hard skills are developing at lightning speed, which is mainly driven by the relentless change in modern technology.

For example, blockchain is the most sought-after capability in the United States, the United Kingdom, France, Germany, and Australia. Other technical skills – cloud computing, analytical thinking, AI, UX design, scientific computing – are also on the list of hard skills in demand on the blockchain list.

In 2019 terms such as cloud computing, artificial intelligence or analytical thinking were the most searched hard skills from the LinkedIn list. In the newly published ranking of 2020, these terms can be found again. However, blockchain is also appearing for the first time at the top of the most popular hard skills for 2020.

The blockchain is perceived by companies as a transformation technology

Blockchain has developed from the once shadowy world of cryptocurrency into a business solution in search of problem solutions. It is therefore fundamentally important for recruiters to familiarize themselves with the blockchain and to find out how it works and what advantages the technology could bring to their own company.

The potential of blockchain – essentially a common digital book – is enormous. The supporters see this as a safe, decentralized and cost- and time-efficient way to transparently track deliveries and transactions of all kinds. Skeptics, and there are many, express concerns about the lack of standardized protocols, scalability and excessive energy consumption
Large companies rely on blockchain technology

The business world sees the potential of blockchain and has practically chosen it to be a “who’s who”. IBM, Oracle, JPMorganChase or, for example, Microsoft are currently working on projects based on the blockchain. The blockchain can be used in a variety of ways, for example in administration, healthcare, agriculture or food security.

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