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Sunday, 9 August 18:13 (GMT -05:00)

Business And Politics News

China Makes Blockchain Professions Official

There are 1838 officially recognized professions in China. Now, there list is up by 2 professions - blockchain engineer and blockchain app operator. The Chinese Ministry of Human Resources and Social Security (MOHRSS) has recently confirmed that by updating the list of official professions.
It's interesting to note that the ministry defines the "blockchain engineer" as a person working on architecting, developing, testing systems apps. At the same time the "blockchain app operator" is focused on the methods the blockchain apps are based upon, including the apps used in industrial production, education, and other public sectors.
The key thing here is that they recognize blockchain engineer and blockchain developer as two distinct professions. Yet, this is crucial for the industry since it allows the stats experts to figure out the amount of such professionals and their involvement. In particular, it will be possible to track the employment and the demand in order to adjust the educational plans accordingly.
Another example is, the first signs of a bubble burst in the blockchain sector may appear if the amount of people employed in the blockchain sector will decrease and the amount of general-purpose developers will increase respectively. However, if the amount of those employed in the blockchain sector keeps on growing steadily year over year, this will be the sign that the industry is stable.
At the same time, those official names for jobs in the industry will mean the start of regulation activities in the industry. ST Daily reports that such experts also have their ethics.
The international community seems to have reacted positively to the news. The announcement on the China Daily website got 1500 likes and 450 actions on Weibo. Some companies started posting blockchain-related vacancies.
The Chaning Face of the Chinese Economy
The results of the first official professions list in China was published in 1999. It has been expanded regularly ever since due to the fact that the CHinese economy keeps expanding and getting more complex, with new industries, sectors, and professions emerging on a regular basis. For example, in 2019 it was expanded with such professions as "eSport Athlete" and "Drone Pilot".



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