The global demand for blockchain engineers is up by 517 percent year-over-year, according to a report released by recruitment company Hired on Feb. 28.
The document also notes that the second-fastest growing software engineering role is security engineer, with 132 percent growth, and third is embedded engineer, up 76 percent. The blockchain engineer role also consistently stayed among the top-three most-paid software engineering jobs in the various cities covered in the report.
Specifically, blockchain engineering is the second most-paid software engineering specialization in New York and London, the third in the San Francisco Bay area and Toronto, and the first in Paris. The average of the average salaries that blockchain engineers receive in the aforementioned cities is $105,400.
The San Francisco Bay area is the location with the highest salaries, $155,000 on average, while Paris comes in last, with blockchain engineer salaries averaging around $67,000.
As Cointelegraph reported in October last year, the average earnings of a blockchain engineer have soared to between $150-175,000 per year.
A study published by recruiting site Glassdoor in the same month found that crypto and blockchain-related job opportunities significantly increased in the United States in 2018, despite the slump in cryptocurrency prices.