Data Shows that Women Are Underrepresented in Blockchain and Crypto

New data shows that the blockchain and cryptocurrency industries are male-dominated, severely underrepresenting women in the workforce.

Almost 29 percent of employees at small tech startups were female, while just 15% of startups that got venture funding have women on their executive teams, as reported by the non-profit Women Who Tech.Are Women Consciously Being Pushed Out of Blockchain?

The LongHash report implied that, despite the industry being relatively young, it grew to prominence in the #metoo era and should have resulted in more women being involved in blockchain.

The small number of women employed in the blockchain industry could also be a result of the market supply.

Amber Baldet, the former blockchain lead at JPMorgan Chase, told QZ the belief that women were being sidelined in blockchain is not true.

Adding more women to top executive and advisory positions in emerging blockchain companies isn't an indicator of success-crypto companies with mostly female leadership aren't more likely to have successful ICOs.

Taylor Monahan, the CEO of MyCrypto Wallet, said that the issues concerning women in blockchain are identical to the issues that concern men in blockchain.

Women have significant obstacles to overcome in male-dominated industries, Elsesser wrote, but highlighting how underrepresented they are in a field such as blockchain is not going to eliminate these obstacles.

Meredith is more proactive about getting women involved in blockchain and technology in general.

Whatever the underlying reasons, it is clear that there are vastly fewer women involved in the blockchain sector than men.