You are here: Home » International » News » Economy
Business Standard

Demand for blockchain experts soars as cryptocurrency market grows in Japan

Companies across Japan's booming cryptocurrency industry are scrambling to hire engineers, including cybersecurity experts and specialists in blockchain

Reuters  |  TOKYO 

When cryptocurrency exchange Coincheck Inc explained how hackers made off with $530 million in digital money, it said part of the problem was beyond its control: Japan's lack of software engineers. Coincheck said that no matter how hard it tried, it simply couldn't hire workers with the skills to seal gaps in security. "We were aware we didn't have enough people working on internal checks, management and system risk," chief executive Koichiro Wada told reporters last month. "We strived to expand using headhunters and agencies, but ended up in this ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Fri, April 06 2018. 14:18 IST
RECOMMENDED FOR YOU