The blockchain industry is facing a talent shortage

The blockchain industry is facing a talent shortage
The blockchain industry is facing a talent shortage

VIETNAM, JULY 16 –

HÀ NÔI – Lack of human resources in the booming blockchain industry is one of the biggest problems in developing blockchain projects in the country.

A challenge from the rapid development of blockchain is that although there are many programmers in Việt Nam, the number of engineers who have an understanding of the technology and can use it is still modest, said Trịnh Ngọc Đức, director of the company that developed Fight. of the Ages game.

Đức said that the lack made recruitment difficult. Meanwhile, Việt Nam had not had many training programs to meet the needs of the blockchain industry.

“The shortage of experienced blockchain programmers affects the product development process and leaves many potential projects unimplemented,” he said.

The lack of blockchain human resources became a major problem, with Việt Nam among the global blockchain leaders, and the use of blockchain spread to several industries such as finance, education, healthcare, logistics and agriculture.

FPT Group Technology Director Vũ Anh Tú said the blockchain had been used in more than 50 sectors.

Nguyễn Ngọc Dũng, president of the Việt Nam E-Commerce Association, said there were around 600 GameFi projects (games to earn blockchain games).

The existing human resource covered only 15-20 percent of the recruitment needs, said Kevin Tùng Nguyễn, CEO of JobHopin.

He said that three employees of his company quit their jobs recently because they were paid three times more by competing companies. This demonstrated how the market was thirsty for blockchain programmers.

The competition for talent is getting tougher, he added.

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According to Nguyễn Thị Ngọc Dung of the National Innovation Center, human resources were a problem for many Vietnamese blockchain companies.

She pointed out that many blockchain companies faced difficulties due to lack of human resources and competition for talent among companies in the same industry.

The blockchain industry grew rapidly, but there was a severe shortage of resources for the industry, she stressed.

Some companies were forced to look for programming teams in foreign countries, such as the UAE, India, South Korea and Europe, Dung said.

Blockchain had not been taught at universities. She therefore said that it was necessary to increase training through international collaboration programs, and added that innovation centers should have laboratories and short-term training programs to update new technology for students.

Successful start-ups in the blockchain industry can also offer training courses to students, she suggested.

Nguyễn Hữu An, founder and director of the technology company SotaTek, said that there were currently no schools or specialized training courses on blockchain technology. At the same time, self-study remained the key, leading to a shortage of highly skilled workers in the industry.

As the number of blockchain projects increased rapidly, the lack of talent became more serious, said An.

According to Cái Đặng Sơn, Director of Product & Engineering at Navigos Group, paying high salaries to attract talent was just a short-term measure.

Son said that companies should pay attention to the training of programmers who were considered the key and measures to encourage their long-term commitment.

A survey by VietnamWorks of more than 1,000 people working in the IT industry revealed that blockchain engineers received the highest salaries.

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Not only Việt Nam, but many countries are facing a shortage of blockchain talent. A report from the social network LinkedIn showed that the demand for recruitment of blockchain programmers would continue to increase this year.

LinkedIn statistics showed that job ads with the keyword “blockchain” increased by 395 percent in 2020-21 in the United States.

Positions such as “blockchain engineer” and “blockchain programmer” alone accounted for 15.64 percent of the total number of jobs on LinkedIn. – VNS

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