China: Central bank hires 6 experts for its digital currency
Crypto

China: Central bank hires 6 experts for its digital currency

By Marco Cavicchioli - 11 Oct 2019

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The Central Bank of China has published new job offers aimed at finding six experts for its digital currency. 

The official announcement that was published yesterday, states that the PBoC is looking for graduates in financial, commercial and economic fields with professional experience, in the following areas: economics, finance, accounting, law, computer science, statistics and management.

The list of open positions features three which are explicitly dedicated to the digital currency that China has been developing for some time now. 

These include the “digital legal tender manager”, with experience in designing the architecture of blockchain-based systems, for which a total of five people are being looked for, who will have to dedicate themselves to the development of a terminal for the trading of the digital currency. 

Another open position is that of the “financial technology manager for the digital currency”, with research experience, who will have to deal with compensation for payments, and analysis of digital assets. 

Candidates for these positions should also have experience in computer science, cryptography, microelectronics and econometrics, and in particular preference will be given to those who can exhibit concrete experience in the design of computer frameworks, in the development or application of blockchain technologies, in the development of platforms for big data and payment systems.

As a result, PBoC intends to hire a total of six actual experts who will be hired to work specifically on the country’s digital currency. 

In particular, they will work on the development of the software infrastructure for the management, use and exchange of this new currency. 

At this point, despite the fact that the central bank itself has denied a possible imminent launch of its new digital currency, as it has previously stated that it was from 2014 that it had considered developing one, it is plausible to imagine that they are taking matters seriously. 

The technological development is probably not yet in its final stages, but at this rate, it is to be expected that it may not be long before the currency is launched on the market. 

Marco Cavicchioli
Marco Cavicchioli

Class 1975, Marco teaches web-technologies and is an online writer specializing in cryptocurrencies. He founded ilBitcoin.news, and his YouTube channel has more than 11 thousand subscribers.

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