Skip to main content

Major job postings from the crypto space in 2021

Some institutional players, online retailers, and media organizations have called for recruits with experience in crypto or blockchain.

As crypto and blockchain firms grow and need to navigate regulatory and economic challenges for the industry, many have to hire outside to find the best workers. This year, major companies, financial institutions, and even government agencies announced they were searching for fresh blood to help them adapt to the ever-changing crypto space. 

In February, major online retailer Amazon posted it was seeking a software development manager in Mexico to help launch “a new payment product.” The Digital and Emerging Payments project was aimed at allowing residents of Mexico to buy cryptocurrencies with cash so they could spend digital currency while shopping on Amazon.

Though there are reports the online retailer intends to accept Bitcoin (BTC) payments by 2022, the company has not officially announced such plans. In July, Amazon said it was looking for a Digital Currency and Blockchain Product Lead for its Seattle office, hinting at a possible change as to how customers pay on Amazon’s websites.

Apple, the largest company in the world by market capitalization, seems to also be focusing on crypto payments based on a recent job posting. In May, the major tech firm said it was recruiting for a business development manager specializing in alternative payments, specifically preferring someone with experience in “alternative payment providers,” including cryptocurrency.

Reaching across industries

Though two of the Big Four may be considering a shift to digital payments, some financial institutions seem to require workers be able to work within regulatory guidelines while still growing the business. In April, the Bank of England announced it was looking for 7 people to fill new positions related to a central bank digital currency, despite the fact it has not officially reached a decision on releasing one. Japan’s Ministry of Finance was reportedly considering increasing its staff to address growth in the crypto market, including regulations concerning fiat-pegged stablecoins.

It seems as though job seekers with both a knowledge of cryptocurrencies or blockchain and the experience to back it up may have their pick of the litter when it comes to employment, given the industry is barely a decade old and has the potential to make money in a variety of companies. In July, major U.S. investment bank JPMorgan started accepting applications for blockchain-focused software developers, engineers, marketers and auditors.

Other firms simply seem to be responding to a growing industry in job postings. The crypto arm of asset management firm Fidelity Investments reportedly wanted to increase its number of staff by 70% in response to additional interest from institutional investors. Major crypto exchange Coinbase is also attempting to gain greater access to some of the 1.4 billion people of India by hiring locals for its engineering, software development and customer support operations in the country.

Reporting on crypto

Even media outlets don’t necessarily have the staff to properly report on the crypto space. News organizations like Bloomberg have dedicated journalists on crypto and blockchain, but Time Magazine is still looking for a chief financial officer who has "comfort with Bitcoin and cryptocurrencies."

According to Neil Dundon, the founder of crypto-focused job agency Crypto Recruit, “one or two years” experience is usually good enough for the industry, given it was only created in 2009. However, just as with the dawn of any new technology like radio, television, or the Internet, interest in and from candidates will likely grow as more institutions offer more options for cryptocurrency and blockchain education to meet demand.



from https://ift.tt/3zzHDrp
https://ift.tt/3kIUh0L
Labels:

Comments

Post a Comment

Any questions, Please.

Popular posts from this blog

DeFi isn’t dead, it just needs to fix these 3 critical problems

It’s been a rough year for DeFi, and it may not get any better until projects focus more on security, regulation and usability. The persistent challenges  decentralized finance  face have been well documented by a handful of analysts and the recent collapse of the Terra ecosystem re-enforced the fact that something is critically wrong with DeFi. I think DeFi today is completely broken for 99% of the population. The promise of a more transparent financial system has been overtaken by greed. UST/LUNA is just the latest in a string of bad developments: — Peter Yang (@petergyang) May 11, 2022 Let's take a look at what experts say DeFi needs to do in order to have another revival.  Improved usability To date, the promise of open and uncensored access to a global decentralized financial system has been largely hampered by the complicated interface, confusing multi-step staking processes and lack of clarity surrounding the yields on various tokens. What do you thi...
Post a Comment
Read more

ENS DAO delegates offer perspective on DAO governance and decentralized identity

AlphaWallet CEO and Spruce co-founder talk about their roles as contributors to the Ethereum Name Service following the project's recent airdrop. Earlier this month, the Ethereum Name Service, or ENS, formed a decentralized autonomous organization, or DAO, for the ENS community.  Cointelegraph spoke to two ENS DAO delegates who applied for the opportunity to represent the community and stay involved in the decision making process: Victor Zhang, CEO of AlphaWallet, an open source Ethereum wallet, and Gregory Rocco, co-founder of Spruce, a decentralized ID and data toolkit for developers. Zhang spoke about his experience as an external contributor to ENS and an early supporter since 2018. Zhang initially sought to help ENS by offering Alpha Wallet as a user-friendly tool for  resolving .eth names and cryptocurrency wallet addresses. Essentially, if a user inputs an .eth name in the AlphaWallet, it will show the wallet address, and vice versa using reverse resolution. Alpha...
Post a Comment
Read more

How much is too much? Crypto art market brings together deep pockets and big artists

In the future, owning unique art won’t be restricted to the elites, but will everyone have digital art on their walls? With the nonfungible token market approaching the frothing point, perhaps it’s time to sit back and ask: “What’s happening here?” The $750,000 in proceeds from the recent sale of a single “alien” CypherPunk NFT, after all, could have paid for a reasonably sized house. The crypto world at large is only 12 years old, entering adolescence, but crypto art — art on a blockchain — and nonfungible tokens are just out of their terrible twos. The launch of an epoch-defining CryptoKitties goes back to 2017 and 2018, and Ethereum’s nonfungible token, ERC-721 — which is used by many digital galleries and also non-art NFTs — wasn’t developed and rolled out until early 2018. What is being discussed here is still very new. Moreover, Bitcoin ( BTC ), the world’s first blockchain project, was initially just a more efficient way to transfer money, though it soon became more — a k...
Post a Comment
Read more