Annual Blockchain Skills Forecasts 2023

The European Union aims to be a leader in development and applications of blockchain technology by supporting and guiding different blockchain stakeholders via appropriate policy, legal and regulatory framework, and funding. Since blockchain is an advanced form of technology it requires specific expertise and experience in its development and applications. As adoptability of blockchain technology increases, it puts pressure on the current EU labour market to satisfy the demand for blockchain-related skills. Although to date the principal use of blockchain technologies has been around cryptocurrencies, there has been a rapid expansion in its application in other important areas, such as finance and banking, supply chain management, and healthcare technology. Therefore, the demand for blockchain skills is likely to grow as the technology continues to develop and adoption spreads across sectors. This report aims to estimate anticipated demand for blockchain skills as well as blockchain skills supply to provide evidence and address blockchain skills mismatches.