American payment services firm Visa has published a crypto and blockchain-related job opening on San Francisco-based recruiting software firm SmartRecruiters on March vi.
Global monetary services corporation Visa is seeking blockchain talent for the position of Technical Product Manager at Visa Fintech in their Palo Alto office. The person will be liable for the execution of Visa’s product strategy within a cryptocurrency system, and can be required to manage the roadmap for crypto-related opportunities.
According to the job description, the person should be possess a functional knowledge of the crypto business and major players concerned, as well as in-depth information of distributed ledger technology and a deep understanding of existing retail payment solutions. Familiarity with advanced cryptography will be most well-liked, the job description notes.
The individual will be operating in close collaboration with the Visa research team so as to develop new products to deliver worth to Visa’s fintech initiative.
Last year, Visa chief executive officer Al Kelly declared that cryptocurrencies don't pose a challenge to the company’s dominance within the payment sphere in the short- to medium-term. Kelly expressed that crypto must move from being a commodity to actually being a payment instrument before it will represent a true competitor to the normal economic system.
In late 2018, Reuters reported that Visa is acquiring a partner of major cryptocurrency company Ripple, the entity that runs third biggest coin by market cap XRP. With the acquisition of Ripple’s international payments-focused firm Earthport, Visa reportedly intends to integrate Ripple’s protocol into the company’s existing payment network to spice up cross-border transactions.
Recently, founder of crypto investment company Morgan Creek Digital Assets suggested that major U. S. retailer Kroger should use the blockchain-enabled protocol Lightning Network as a payment system, following the brand’s decision to prevent accepting Visa at some locations on March 1.
To know more on Cryptocurrency and Blockchain events, follow us on Facebook, YouTube, Twitter, LinkedIn, Reddit, Telegram, BitcoinTalk, and we are also on Medium now