According to PANews news on July 24, according to Cointelegraph, Indeed's recruitment notice shows that the Federal Reserve Bank of San Francisco is looking for a cryptocurrency architect for the Central Bank Digital Currency (CBDC) project. According to the job description, the employee will be engaged in the research and development of CBDC.


The position, which starts at $134,900 a year, requires candidates to “understand distributed system implementations, cryptographic protocols such as hashing, public-private key pairs and signatures, consensus algorithms, and security,” it is reported. “Given the important role of the U.S. dollar, the FRS seeks to learn more about the costs and benefits of CBDCs and potential technologies in this emerging field,” the post reads. According to the Federal Reserve System’s recruitment page, the position has been vacant for more than 30 days. Since at least February, the San Francisco Fed has been looking for software engineers to help develop and implement systems related to its CBDC plans, resulting in a cryptocurrency development team. The recruiting effort contradicts the Federal Reserve Board’s public stance on CBDCs. On July 19, the central bank stated on Twitter that it has not yet decided whether to issue a CBDC, and "will only continue to issue CBDC with the authorization law".
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)