The National Payments Corporation of India (NPCI), an initiative led by the Reserve Bank of India (RBI) and 247 Indian banking companies, is looking for an experienced blockchain technologist to lead and research blockchain in today’s payment systems opportunity in.
NPCI owns and operates the Unified Payments Interface (UPI), India’s home-grown instant payment system that facilitates interbank peer-to-peer and person-to-merchant transactions. A recent job posting on LinkedIn confirms that NPCI is working hard to hire a blockchain executive.
The ideal candidate will be an experienced technologist with at least 6 years of experience in developing and implementing blockchains, whose main task will be to identify “pathways where blockchain-powered solutions can be used”.
Senior leadership also requires deep technical understanding of multiple blockchain platforms and experience working on at least two blockchain pilot projects. UPI’s success in consolidating the payments landscape in India has attracted interest from other jurisdictions.
Singapore, Malaysia, the United Arab Emirates, France, Benelux, Nepal and the United Kingdom have all adopted the UPI payment system to varying degrees. Injecting a blockchain element into UPI could instantly demonstrate the technology to millions of users, reaffirming the capabilities of the underlying technology that has continued to power Bitcoin (BTC) for nearly 14 years.
As of this writing, the NPCI position has received over 200 applicants. NPCI’s blockchain recruitment activity is expected to increase in the near future once viable blockchain use cases are discovered.
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In August, the U.K.’s National Crime Agency (NCA) began hiring four senior investigators for its complex financial crimes team tasked with fighting cryptocurrency-related crime.
Investigators are tasked with pursuing high-end cryptocurrency fraud, money laundering and other blockchain-based crimes committed by organized crime groups.
The U.K. has been working to create an investigative team dedicated to illicit cryptocurrency activity. On Jan. 4, the NCA launched a digital asset team, signaling a growing focus on crypto assets.
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