- The recent trend of blockchain adoption that started in 2021 is yet to continue throughout 2022.
- Most of the jobs related to blockchain become even more difficult because of the numerous people with the capability to work and knowledge in the nascent dimension.
- The information also shows that 55% of the gig workers also try to go for separate primary jobs rather than the fundamental primary option.
The recent trend of blockchain adoption that started in 2021 is yet to continue throughout 2022. There are three ways in which technology could be put in the mainstream towards dlt solutions. 2021 was when the cryptocurrencies sector broke out, and the mass adoption is h2c of the magnanimous boom. Public awareness regarding technology is on the rise, and there is a new array of projects launched recently. These projects have been designed so that they can fulfill more roles in society, and they are yet to come up in recent months.
Three different segments have used the potential to see significant growth in 2022. Those are namely blockchain solutions, human resources, employee payment solutions, and platforms that bring forward the gig economy.
The human resource management program is ready for blockchain manifestation because of its data storage solutions and security. The blockchain will allow most employees to have a specific address where all the given information can be stored with proper encryption and cryptography. The human resource department also deals with hiring and recruiting new employees. It will be increasingly difficult in the world of today, where the participation of the labor force is at the lowest levels, counting to 61.9% since 1976.
Most of the jobs related to blockchain become even more difficult because of the numerous people with the capability to work and knowledge in the nascent dimension. There is one protocol in the name Keep3rV1, and it emphasizes collecting the workers with employees. It is a decentralized job segment designed to connect external developers with blockchain projects so that they can give specialized services as per the clients’ preferences.
Most cab services like Lyft and Uber are built on freelance marketplaces like Fiverr. They are the rock foundation of the gig economy, and 2021 shows exactly how 36% of the United States are participating in gigs. In addition, most of the participants use platforms like Upwork and Fiverr as their primary and secondary sources of income.
The information also shows that 55% of the gig workers also try to go for separate primary jobs rather than the fundamental primary option.
Future Blockchain Adoption
In the current projections, there is an indication that by 2023, 52% of the entire workforce of the United States will depend on the gigs that they have done at some point in their career. Therefore the expansion in the field is showing the integration of blockchain technology. For example, in a project of the philosopher job board, the nature and payment processing protocol is handled by the blockchain. All the transactions happened to utilize blockchain technology and smart contracts, so there is no fraudulent activity.
Apart from the payment protocols, the ecosystem has also added the decentralized finance function. These freelancers can complete tasks and receive bonuses for customers to get rewards and rebates for holding the coin.
Blockchain embracing corporations
Blockchain-based solutions at the enterprise level will also survive in 2022 and expand more. Some pretty good contenders went for layer one blockchain protocols and collaborated with the Cash App. They are quite strong in the field because they have affordable transaction fees and fast-paced processing. They also help in fraud mitigation, easy payment process, tokenizing assets, and secure storage forms.