The future of businesses and jobs in the blockchain

The new technologies are allowing us to break many barriers in terms of labor occupation.

The difficulties in entering the labor market for any person have been reduced in the past few years thanks to the many businesses that can be started from the palm of your hand.

Influencers are rising in popularity mainly because anyone with a smartphone or a camera can upload content online and monetize their content creation activities. And the democratization of the internet and smartphones is also making disappear any geographical constraints.

The internet revolution is somehow slightly balancing the availability of job offers in a country, where in the past the labor force was concentrated in capitals or big cities. Thanks to the internet, decentralized technologies, and a global context pushing for working from home, people don’t have the need any more of relocating to big cities and aren’t obliged to physically be in the place of work.

From freelancers developing different activities in different parts of the world to online games players that are managing to earn money from their playing sessions. For example, Vegas Online Slots in the UK offer their clients the chance to win monetary prizes when playing games like slots and players can enjoy an array of more than 10,000 themed slots to entertain every taste whether you like Egyptian motives or superheroes from DC Comics.

And now the decentralized technologies like blockchain are paving the way for more opportunities for game monetization. Blockchain games are experiencing a rise in popularity thanks to the commercialization of NFTs inside the game. If you take for instance Axie Infinity, the most popular game developed with blockchain, you can find reports about players in Asia living off the game and even making huge profits out of it.

The game consists of acquiring “Axies” which are some kind of Pokémon beasts that are sold on a decentralized market and through a team of Axies, players can compete between them and acquire the game’s token which can be later exchanged for real money.

One of the main causes of the rise of blockchain technologies is cryptocurrencies. Digital assets like Bitcoin are changing the rules of the game when talking about decentralized economies. And even if the nature of cryptocurrencies is that they’re intrinsically unstable and that their value can fluctuate heavily in the short term, they’re paving the way for a new way of making business.

Companies and individuals are starting to gain a perception of the true utility of cryptos, and this is only the beginning of it. Historically, the same happened with fiduciary money, and the process that cryptos are undergoing is a very similar one to that of bills and coins when they first started circulating. It’s all about a process of adapting to their use and realizing that they can be useful for operations.

Cryptos are already accepted by many big institutions such as traditional banks or online casinos and from there, the use of crypto assets will also be adopted by countries. El Salvador was the first country to adopt Bitcoin as a current form of payment. They’ve installed Bitcoin ATMs and exchanges all over the country, and this has opened new ways of interacting with a decentralized financial system.

One of the greatest utilities of decentralized assets like cryptocurrencies is the reduction of costs and bureaucracy, which reduces at the same time the entry barriers for any entrepreneurs wishing to work with blockchain technologies. The ease of use of crypto assets is attracting many companies which are beginning to change their business perspectives in favor of decentralized technologies.

And this leaves us with the final remark on the future of jobs related to blockchain technologies which is the formation of the next generation of workers. You can see nowadays a growth in the academic offerings relating to blockchain technologies and cryptocurrency knowledge.

Most of the actual educational pathways to follow are concentrated on master’s and post-graduate programs that have the objective of specializing in students that come from different branches, be it business management, informatics, computer science, economics, or even marketing.

There’s not an exact pre-requisite in order to learn about blockchain as this technology can be applied to a wide variety of sectors.

Blockchain will continue to open the way for the creation of new jobs and for new businesses that wish to venture into what seems to be the technology of the future.