Blockchain in Canada has the highest salaries
As the data issued by the Canadian Digital Chamber of Commerce shows it turns out that the Canadian blockchain industry has the highest registered salaries in the whole country. It was a rather unexpected case but not entirely.
Aroind 100 participants were questioned and as a result took part in the study. They all came not only from the cryptocurrency and blockchain industries but from the academia as well. The governmental representatives took part too but in lower number. Blockchain Research Institute proceeded with the research and analyzed received data. Accenture, a company providing professional services, supports the research.
Issues With Blockchain In Canada
They issued the thesis in the beginning of October. It shows legal needs and insights as well as analytics of the health of the industry. It is a close look on the blockchain ecosystem in the country. The companies differ in size and region but have one thing in common. It is a need of government commitment and legal clarity providing. It should burst the development of the technology. Now blockchain’s development is slowing down because of unclear regulation.
Canada can become a leader in the blockchain industry, the report says. It is well-positioned but facing different challenges including funding issues, regulation uncertainty, low level of public education. Another thing to be considered – almost zero assistance form auditing services and banks.
The Highest Salaries and Better Efficiency
The average blockchain salary, annual one, goes up to $98,000 the report says. So blockchain careers are the best paid ones in Canada. So there’s a huge positive air around the crypto industry. Also it is clear that people here have a lot of opportunities if they want to develop in this field.
Evan Kuhn, one of the co-founders of Coinberry(a cryptocurrency exchange service in Toronto) said that crypto is more efficient for everyday payments than casual bank cards. The reason in lower fees, 0.5% against casual 3% fee.
The crypto industry is well developed in Canada, and it shows the interest of the country to the nowadays technologies, hope other countries will engage the same level of involvement.