Cryptocurrency and blockchain specialists are being hired by PayPal against the backdrop of hearsays that the international payment processing platform intends to facilitate purchase of cryptos by its 305 million customers.
The details of job opportunities related to blockchain and cryptocurencies are posted on the company’s web page.
The initial job listing is for a position titled “Technical Lead – Crypto Engineer.” The listing explains that the chosen individual will be tasked with the creation of “new initiatives for PayPal global with a focus on agility, time-to-market and innovation. The role includes designing, developing and maintaining key crypto products/features targeted towards availability, performance and scalability of PayPal services.”
The second job listing that deserves to be discussed is for the post of a blockchain research engineer to join the firm’s research division, which is “a newly formed group within the Strategic Technology Enablement team chartered with establishing expertise and opinions on emerging blockchain technologies and their potential uses within PayPal.”
The aforementioned job listings are still available on the web page while the crypto enthusiasts are gaga over unconfirmed new reports of PayPal joining the crypto bandwagon.
The job qualifications require multiple skills that intersect with Bitcoin development, for example programming skills in C++, cryptographic libraries and asymmetric cryptography.
In the recent 10-K filing, PayPal slates potential quick advancements in blockchain and digital currencies as a likely risk element that may have a negative impact on the company.
There is a likelihood that the company has opted to take measures to prevent the risk on a preemptive basis.
