Society

Blockchain industry faces talent shortage

A lack of human resources in the booming blockchain industry is one of the biggest problems in developing blockchain projects in the country.
Blockchain industry faces talent shortage ảnh 1Competition for blockchain talent is becoming fiercer. (Photo: tinnhanhchungkhoan.vn)

Hanoi (VNS/VNA) — A lack of human resourcesin the booming blockchain industry is one of the biggest problems indeveloping blockchain projects in the country.

A challenge from the rapid development of blockchain is thatalthough there are many programmers in Vietnam, the number of engineerswho have an understanding of the technology and can apply itremains modest, said Trinh Ngoc Duc, director of the company whichdeveloped the Fight of the Ages game.

Duc said that the shortage made recruitment difficult. Meanwhile,Vietnam had not had many training programmes to meet the needs of theblockchain industry.

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

The shortage of blockchain human resources became a big problem,with Vietnam among the global blockchain leaders, and the application ofblockchain spreading to several industries such as finance, education,health care, logistics and agriculture.

Technology director of FPT Group Vu Anh Tu said that blockchainhad been applied in more than 50 sectors.

Nguyen Ngoc Dung, President of the Vietnam E-Commerce Association,said there were about 600 GameFi (play-to-earn blockchain games) projects.

The existing human resource only met 15-20% of the recruitmentdemand, said Kevin Tung Nguyen, CEO of JobHopin.

He said that three employees of his company quit jobs recentlybecause they were paid three times more by rival companies. Thisdemonstrated how the market was thirsty for blockchain programmers.

The competition for talents is becoming fiercer, he added.
According to Nguyen Thi Ngoc Dung from the National InnovationCentre , human resources was a problem for many Vietnamese blockchaincompanies.

She pointed out that many blockchain companies faceddifficulties due to the shortage of human resources and the competition fortalents among companies in the same industry.

The blockchain industry was growing fast, but there was a severelack of resources for the industry, she stressed./.

VNA
#Vietnam#lack of human resources#blockchain industry#blockchain projects#Fight of the Ages#Vietnam#Vietnamplus#Vietnam News Agency
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