PayPal opened a vacancy of a researcher’s blockchain technology, which would help the company to determine the value of the use of cryptocurrencies.
The newly formed research group blockchain payment giant PayPal Blockchain Research Group recently announced the vacancy and is recruiting “senior research engineer blockchain”. Reported Decrypt.
Vacancy research engineer blockchain to work in the office of PayPal in San Jose, California, provides for the establishment of a “clear, timely and well researched documentation, the expression point of view or course of action”.
The researcher will also develop proof of concepts (proof of concepts) and the pilot program to submit their ideas to senior management and will gain practical experience in blockchain technologies that already exist.
What the research team PayPal?
This position is one of several vacancies that PayPal has opened for study groups blockchain this year.
PayPal has created a study group of the blockchain, which is a part of “Strategic security technologies” to examine “the current and near future as blockchain-technologies, their relative advantages and disadvantages, and their applicability to the main and subsidiaries PayPal”.
PayPal will evaluate your specific purpose of the study every 3-6 months and will roll the draft, if they decide that there are useful use cases of the blockchain to PayPal.
Assuming that an opening in the research group of the blockchain tells about the intention РаyPal sell cryptocurrencies directly to users. According to the source, given CoinDesk: “I understand that they allow you to buy and sell cryptocurrency directly to PayPal and Venmo”.
“They will have some built-in functionality of the wallet, so you can store it there,” says the source. Other sources note that such functions can be implemented “in the next three months, perhaps sooner.”
Crypto-future of PayPal
Interest PayPal the blockchain and cryptocurrency is growing as rival payment companies are experimenting with cryptocurrencies. Challenger bank Revolut selling crypto currencies directly to their users, whereas cash app, application for payments, driven by CEO of Twitter, Jack Dorsey, also facilitates the sale of bitcoin.
Bakkt, service, sharing, storage and derivatives, which supports international exchange and the company that manages the new York stock exchange and subsequently deploying digital assets for consumers.
PayPal may be late on the cryptocurrency train, and decided to make a big leap forward.
As reported Coinews, the second largest city in South Korea, Busan, will give its citizens access to public services, using the identification program based on blockchain technology developed by Coinplug.
Raise Coinews wrote that payment startups Ripple has completed the acquisition of its stake in the $ 50 million money transfer platform of MoneyGram, said the company on Monday.
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