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Press Release

CoinDesk and NYCEDC Team Up To Launch NYC’s Inaugural “Blockchain Week”

Feb 21 2018

NYC’s first-ever blockchain week will take place from May 11- 17

Partnership intends to boost blockchain-related employment opportunities

NEW YORK, NYCoinDesk, Inc., the leading digital media, events and information services company for the crypto and blockchain community, will partner with New York City Economic Development Corporation (NYCEDC) to sponsor Blockchain Week New York City, which will run from May 11-17, showcasing New York as a rising hub for blockchain jobs and innovation.

Blockchain Week New York City will feature a series of events, anchored by headline event Consensus, and an industry hackathon. Blockchain Week New York City will also feature a first-ever Blockchain Job Fair, a free event open to any member of the public. Companies exhibiting at the job fair include IBM, Accenture, Deloitte, ConsenSys, Ripple, KPMG and Ledger. The purpose of the joint initiative is to not only boost blockchain-related employment opportunities in New York, but also establish New York City as a growing center for the blockchain community.

Deputy Mayor for Housing and Economic Development Alicia Glen said, “New York City is home to many of the world’s leading blockchain companies, as well as some of the largest events in the industry, and it’s rapidly becoming the global blockchain capital. We’re thrilled to be partnering with CoinDesk on Blockchain Week New York City, helping New Yorkers access these quality innovation jobs, and raising awareness of this transformative technology. We are committed to keeping New York City a leader when it comes to innovation and jobs within emerging sectors.”

“Blockchain is allowing companies to innovate across every sector of the economy, and we want to make sure New York City remains a global hub for this technology and the good jobs that will bring. The inaugural Blockchain Week New York City is a major step forward for the city’s established blockchain community, and will offer some of the leading companies in the industry valuable hiring resources, all aimed at nurturing their continued growth and expansion here in New York,” said NYCEDC President James Patchett.

CoinDesk, who hosts the perennially sold out Consensus each May, attracts thousands of blockchain programmers, software developers, corporate executives, traders, investors, institutions and money managers to their marquee event. Consensus will be held at the Hilton Midtown, the same location as the Job Fair.

CEO of CoinDesk, Kevin Worth, said, “Our joint initiative with the NYCEDC will see ‘Blockchain Week New York City’ become one of the most important weeks in the entire blockchain industry, anywhere in the world. Right now, there are simply not enough people working in the blockchain industry because of its historic growth trajectory in such a short period of time. We’ve seen an immense demand for talent in terms of diversity, skills, and backgrounds, which has created a huge gap between the labor market and industry needs. Our partnership with the NYCEDC is a tremendous opportunity to shrink that gap, leveraging the unparalleled diversity and skill of the New York City labor market to strengthen the industry and establish the tri-state region as the world-leading hub for blockchain technology development, and a hot spot for high potential jobs.”

The economic boom experienced by the blockchain and crypto industry has created thousands of job opportunities across the world, but the high demand has outmatched the supply of applicants. NYCEDC is a not-for-profit focused on economic development within New York City, promoting job creation across multiple verticals in emerging sectors. Blockchain Week New York City will officially commence on May 11, while the Job Fair will be held on Wednesday May 16th from 2–5pm ET. The fair will include representation from major companies in the industry, and will be free to attend and open to the general public. Attendees can register for the job fair here.

About NYCEDC
New York City Economic Development Corporation creates shared prosperity across New York City’s five boroughs by strengthening neighborhoods and creating good jobs. NYCEDC works with and for communities to provide them with the resources they need to thrive, and we invest in projects that increase sustainability, support job growth, develop talent, and spark innovation to strengthen the City’s competitive advantage. To learn more about our work and initiatives, please visit us on Facebook, Twitter, or Instagram.