'Living the Future of Work': Jaynti Kanani, Cofounder and CEO, Matic Network
A topic of intrigue for generations has been the outer space and if life exists in another galaxy. Billions have been spent to figure it out and yet we have few answers. Closer to us, on the other side, is a digital fortress where there exists a galaxy of activity. Millions, if not billions, are traded here too and it seems that people can lead dual lives here. I am referring to what is called the ‘Virtual Economy’.
The Virtual Economy is a world of sophisticated platforms and highly connected marketplaces that operate in an alternate digital world. There are tremendous opportunities and a tonne load of wealth to be made. People auction real-estate in digital cities through virtual money, like cryptocurrencies or buy digital islands in a game. The possibilities are endless, as they are virtual after-all.
In this new section, ‘Living the Future of Work’, Zoom-out will profile people who are creating/ pursuing unique work opportunities and one such is Jaynti Kanani, Cofounder and CEO, Matic Network. Matic enables Ethereum developers to scale their blockchain apps for large-scale usage.
Jaynti Kanani, Cofounder and CEO, Matic Network
Hear Jaynti on the Future of Work for Matic and Blockchain (audio file enclosed)
Tell me about you and the company you run.
I am Jaynti Kanani. I am the co-founder and CEO at Matic. Matic makes blockchain transactions faster and cheaper, similar to what UPI/PayTM does to Banks. We are the first tech Blockchain protocol company out of India, but our target market is global, not just India. We currently have around 100+ applications all over the world using or will use Matic as a scaling platform.
Before I started Matic, I was a data scientist at Housing.com, a famous real-estate tech start-up. Before that, I started-up multiple times and failed. I have also worked at Persistent System for a while just after completing my engineering in 2011.
What kind of roles do you hire for that are the future of work?
We are hiring all sorts of roles at Matic, including Blockchain developer, Blockchain researcher, Business developer, DApp solutions developer, Project Manager, and Product Leads.
Blockchain developer, Blockchain researcher, and DApp developer are the roles that didn't exist a few years back. Overall the blockchain market has created those roles, and it works perfectly in times like this (during the pandemic) since these roles are pretty much aligned with the core concept of Blockchain itself.
Blockchain is a decentralised system and doesn't have a physical location. Similar to that, most blockchain roles are remote-first roles (Matic is hiring, you can apply here: https://matic.springrecruit.com/careers).
Can you share your projections on what the future of work for blockchain and the virtual economy will look like?
Currently, the blockchain market is 270 billion dollars, and it will generate all types of roles as the market is exponentially growing.
I predict that around 5-7% of tech company roles will turn to blockchain/virtual economy in the next five years. It's a lot if you talk about in the context of all tech start-ups and enterprises.
Your tips for people who want to be a part of the virtual economy?
Start with Bitcoin white-paper. It will lead your way
New careers created by Blockchain:
Blockchain Developer
Blockchain/ Crypto Researcher
Crypto Influencer
Crytpo Asset Manager
Crypto Community Manager
Cryptocurrency Trader
(how to acquire these skills?) Jaynti suggests that these are deep tech roles that require an understanding of how Blockchain and cryptocurrency works. If interested, you can intern with companies like Matic or invest in Crypto and learn on-the-go)
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