Blockchain Engineer Network Launched By Toptal
Freelance software engineering platform Toptal has created an on-demand blockchain engineer network. The new on-demand service will help businesses to tap into blockchain engineering talent, a service that is in heightened demand.
Toptal is an exclusive, global network of top engineers, designers, and finance experts, empowering companies to accelerate, adapt, and scale. The company serves thousands of clients, including Fortune 500 companies such as Hewlett Packard Enterprise, Bridgestone, Pfizer, Axel Springer, and JP Morgan, among many others.
Toptal said blockchain technology is driving innovation across many industries, from healthcare, to energy, to professional services. These applications can include breakthroughs in healthcare record management, renewable energy certificate trading, supply chain management, and more. However, none of these will be possible over the long-term if the demand for qualified engineers is not met.
Since January of last year, the demand for blockchain engineering talent on Toptal has grown 700 percent, and 40 percent of the fully managed software development projects requested in the last month require blockchain skills. As a result, Toptal launched a blockchain engineering talent vertical to address both the talent and decentralized development needs of the blockchain industry at scale.
The company’s blockchain engineer network will connect companies with freelance developers in a range of key blockchain domain areas, including distributed programming, cryptography, private blockchains, decentralized applications, smart contracts, and more. According to Toptal, since the new service was announced, 93 percent of their engineers indicated a likelihood to pursue further education in blockchain technology.
Taso Du Val, the founder and CEO of Toptal, believes that blockchain’s rapid explosion is due to increased popularity of the technology and its adoption rate in various facets of the business.
“Different types of contracts are going to be disrupted first,” said Du Val. “Disruption will be in places like asset management, or deals being made that require complex contracting. Payments are so complex, and to work at scale, require the sign-off of not just central banks, but also governments. Payments won’t come first. Contracts don’t need such a sign-off, since they are a lower barrier to entry. There are less regulatory hurdles, so we will see the contract space get disrupted first.”
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