Blockchain will be the most in-demand hard skill in 2022, according to a new report by the educational subsidiary of professional social network LinkedIn.

A newcomer to LinkedIn's annual list of top-demanded difficult skills, blockchain now tops the list of the most-needed skills in 2022, according to a LinkedIn Learning blog postal service on Jan. 13.

Blockchain to surpass cloud calculating and AI in 2022

In 2022, blockchain-as-a-skill overtook major hard skills including cloud calculating, analytical reasoning, artificial intelligence (AI), and user experience (UX) pattern, becoming the number ane hard skill in demand among global employers in 2022, according to LinkedIn Learning.

In contrast, a similar list of skills provided past LinkedIn Learning for 2022 does non include blockchain technology at all. Titled "The Skills Companies Need Nearly in 2022 – And How to Learn Them," the listing ranks cloud computing as the most in-need of that twelvemonth. In society, other top difficult skills in 2022 included AI, analytical reasoning, people management and UX design.

Top 10 hard skills companies need most in 2022

Top ten difficult skills companies need most in 2022. Source: LinkedIn Learning

Methodology: need vs. supply

Equally noted in the post, demand in the recent study was defined by analyzing skills that were in loftier demand versus their supply. Specifically, demand was measured by identifying the skills listed on the LinkedIn profiles of people who were employed at the highest rates.

The written report just analyzed cities with 100,000 LinkedIn members, the blog mail notes.

As opposed to soft skills, hard skills refer to an employee's ability to practise a specific chore and include specialized knowledge and technical abilities such every bit software evolution, tax accounting, or patent law expertise. Meanwhile, soft skills refer more to the way those tasks are done — how employees adapt, collaborate, solve issues and make decisions.

Linkedin says the promise of blockchain is huge

In the web log post, Linkedin outlined the immense potential of blockchain engineering in terms of providing a cost- and time-efficient, secure and decentralized method of tracking transactions of all types.

It emphasized that a number of high-contour global firms such as IBM, Oracle, JPMorgan, Amazon as well equally LinkedIn's parent firm Microsoft take been actively implementing the technology. The post advises global recruiters to showtime condign more aware of blockchain technology:

"Blockchain has emerged from the once shadowy world of cryptocurrency to become a business solution in search of issues. Which means that you don't have to be in financial services to be seeking new hires who accept background and expertise in putting blockchain to use. So, recruiters should commencement becoming familiar with how blockchain works, what its perceived benefits are, and who are the people best suited to help your visitor explore where this budding technology might take a office."

LinkedIn has previously outlined the importance of distributed ledger technologies like blockchain. Earlier in 2022, a LinkedIn Asia Pacific report listed blockchain amidst the about demanded skills in the coming years every bit function of its regular feature "The Future of Skills."