On the hunt for a new job? Got expertise in blockchain, cryptocurrencies, or wallet development? Then Mastercard may be your next employer!
Lately it seems like every major company is jumping on the blockchain bandwagon. Every money hungry corporation can’t seem to ignore the potential and promise of increased revenue margins by integrating these technologies. Mastercard is just the newest player to enter the cryptocurrency wallet game. And they’ve done so very discreetly by simply making a posting to their job board.
Three senior level positions have been posted to the job board under the titles of “product development & innovation – blockchain solutions architect” and “product management – cryptocurrency/wallets.” The third position is vice president of product management of blockchain. Whatever individuals are hired into these positions will be responsible for and “work with a cross-functional team comprising of Franchise, Compliance, Regulation, Products, Labs, Regions and Technology to develop new products and solutions.”
What makes the postings so truly intriguing is that all of them emphasize the importance of ‘wallet solutions’ development.
But wait, isn’t Mastercard a member of Project Libra? Why yes, yes they are. But for those of us who read the fine print for a living, under the Libra contract all parties are allowed to build their own applications for use on the Libra Blockchain. Meaning Mastercard could build their own cryptocurrency to rival Facebook’s coin, Calibra.
Mastercard has been investigating the blockchain space for years now, but this is the first public display of the companies interest in cryptocurrency. In the beginning it was thought that blockchain and cryptocurrencies were going to overrun traditional banks. But we see now, that it has only created a new aisle for them to explore. Keep your eye out for more news and updates on Mastercard!