Category: Perth

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Australia Ranks 4th in Crypto Job Opportunities Report

As the crypto market continues to expand it has created many niche roles, with skills in technology ranking highest as the prime prerequisite to land a job in crypto.

Many job listings call for specific skills in Java, Machine Learning, Python, and Artificial Intelligence (AI). According to a report called “Crypto & AI Jobs: The Top Cities & Industries For Opportunities”, Australia ranks fourth, with 385 jobs available in the crypto industry.

Top five countries for crypto jobs. Source: smallbusinessprices.co.uk

The top three cities in Australia for jobs in crypto are Sydney, Melbourne and Brisbane. The data also reveals that the leading industries for crypto jobs are Internet and Technology, Banking and Financial Services, Computer Hardware and Software, Accounting and Finance, and finally Consulting.

The US ranks highest on the global list with a total of 3,893 advertised jobs in the cryptocurrency field. Last year, Crypto News Australia reported that jobs in the crypto and blockchain field grew by 118 percent in 10 months.

AI Job market. Source: smallbusinessprices.co.uk

With the rise of available jobs in niche categories such as AI, Australia also ranks fourth, with a total of 603 jobs available in the field. The top three cities for AI jobs in Australia are Sydney, Melbourne and Perth, and the leading industries for jobs linked to AI are Information Technology, Computer Software and Hardware, Consulting, Accounting, Legal, and Internet and Technology.

Australia Gearing Towards Crypto Jobs

The rapid growth of the worldwide crypto market parallels the need for individuals with industry-specific skills. As the report shows, Australia’s high global ranking in crypto employment opportunities is down to implementing better regulation in order to provide incentives for new investors and thus create more jobs in the field for Australians.

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Australia Bitcoin Crypto News Payments Perth Sports

Perth Heat Becomes World’s First Sports Team to Embrace a Bitcoin Standard

Stealing a march on its American counterparts, Australian Baseball League club the Perth Heat has become the first professional sports organisation in the world to fully embrace Bitcoin for payment acceptance and payroll for both staff and players.

Although Dutch team PSV Eindhoven and English club Southampton FC both signed deals earlier this year to allow football sponsorships to be paid in bitcoin, this is the first time any sports club anywhere has fully adopted the Bitcoin standard.

As part of this sports world exclusive, Perth Heat will:

  • pay players and staff in bitcoin;
  • accept bitcoin payments for sponsorships, merchandise and ballpark concessions; and
  • HODL bitcoin on the club’s balance sheet.

In partnership with bitcoin payments processor OpenNode, the Perth Heat is setting Bitcoin as its new standard for payments and payouts, powered by the Lightning Network.

Perth Heat CEO Steven Nelkovski. Source: abc.net.au

According to Perth Heat CEO Steven Nelkovski, the club looks forward to “setting the bar” for how much value a sports organisation can bring to a community in the bitcoin age.

We hope our adoption of a Bitcoin standard will inspire others to embrace a monetary system that demands value creation to thrive. The players and organisational staff have fully embraced the opportunities that being paid in bitcoin can provide.

Steven Nelkovski, CEO, Perth Heat

‘The Future of Money Lives on the Bitcoin Blockchain’

Patrick O’Sullivan, the club’s chief bitcoin officer, says Perth Heat is embracing the reality that the future of money and corporate treasuries will live on the Bitcoin blockchain.

We believe the world has begun to recognise the power of sound money principles and are determined to lead from the front. This is not a one-off purchase to hedge against future uncertainties or inflationary pressures.

Patrick O’Sullivan, chief bitcoin officer, Perth Heat

Possibilities for the club are limited only by imagination. In addition to treasury appreciation, Perth Heat will be ideally positioned to secure better players and deals in the future, outpacing its competitors. The game theory aspects of bitcoin adoption will also, perhaps inevitably, lead other sports clubs to follow its example.

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Blockchain Gold Perth

Perth Mint Partners with ASX-Listed Company to Launch Blockchain-Based Gold Consortium

The Perth Mint, Australia’s official bullion mint, has announced a new project that will expand the scope of an existing partnership with Security Matters in order to launch a new “trueGold Consortium.”

The new Consortium will see the Perth Mint and Security Matters (SMX), who announced a partnership aimed at digitizing precious metal earlier this year, gain equal partnership in a project focused on ethical gold supply chain assurance based on blockchain technology.

TrueGold is a blockchain-based platform designed to track and trace the movement of gold throughout the supply chain process, allowing key stakeholders including jewelry industry leaders, financial institutions, and consumers to ensure gold is ethically sourced.

The TruGold project is aimed at the often difficult to track supply chain ecosystem of the precious metals industry, and is focused on providing greater trust in gold — a key commodity and economic hedge during economic and geopolitical turmoil.

Described as a “mine-to-marketplace ethical gold supply chain assurance” system, the TrueGold platform created by SMX and the Perth Mint will incentivize the sourcing of gold from conflict-free areas, as well as minimize transactional risk. 

The new consortium follows the launch of a new digitized gold token issued by the Perth Mint. The Perth Mint Gold Token was announced in October 2019, and claims the title of the world’s first digital gold token based on a public blockchain network backed by real gold guaranteed by the Australian government.