China Officially Recognizes Blockchain Jobs as New Occupation

By HELEN PARTZ

China to officially set blockchain engineers as a new occupation to promote employment amid global COVID-19 pandemic.

The ongoing coronavirus pandemic is transforming blockchain companies, and its impact is not always negative for the blockchain industry. Amid the latest coronavirus crisis-fueled changes, China is taking another step toward blockchain adoption to officially recognize industry jobs.

China’s Ministry of Human Resources and Social Security, or MOHRSS, is the ministry responsible for national labor policies and regulations. Recently, they have added blockchain-related jobs to a list of officially recognized jobs.

New occupation types are officially introduced to promote employment amid COVID-19

According to a May 11 statement by the MOHRSS, blockchain-focused professions, like tech developers, engineers, and analysts, are among 10 newly recognized jobs. These come alongside 3D printing operators and nucleic acid examiners. The scope of a blockchain-related job includes a number of activities. These include blockchain architecture design, underlying technology, system application and testing, as well as operation and maintenance, the MOHRSS elaborated.

Cointelegraph contacted the MOHRSS regarding these latest developments, but had yet to receive a response as of press time. This article will be updated if new comments come in.

In the statement, the ministry noted that the formal introduction of the new occupation types are in line with China’s growing demand to promote employment amid the COVID-19 outbreak. The decision to list new types of jobs as officially recognized occupations apparently addresses massive job losses in China after months of lockdown over the coronavirus pandemic.

China continues efforts to emerge as a global blockchain leader

The news comes amid China steadily accelerating the pace of its blockchain adoption. In addition to moving forward with blockchain projects amid the COVID-19 crisis, China is also progressing its overall blockchain adoption strategy in line with the order by China's President Xi Jinping.

On May 13, China’s central bank, the People’s Bank of China, held a meeting calling for further acceleration of blockchain adoption strategy. At least two big blockchain-related projects are being tested by Chinese authorities so far. China’s central digital bank digital currency, digital yuan, is reportedly being trialed across four cities, Shenzhen, Xiongan, Chengdu, and Suzhou. In Late April, China also reportedly launched the country’s national blockchain network called Blockchain-based Service Network.

Article produced by HELEN PARTZ

https://cointelegraph.com/news/china-officially-recognizes-blockchain-jobs-as-new-occupation