People's Bank of China hiring to build central bank crypto

MarketsOctober 11, 2018, 2:00PM EDT
UPDATED: October 11, 2018, 2:25PM EDT
People's Bank of China hiring to build central bank crypto
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The People's Bank of China (PBoC) posted blockchain related job descriptions to recruit engineers that could develop a fiat-linked digital currency software and that have expertise on system architecture, chip design blockchain development and application, cryptography and security protocol design, according to CoinDesk. In addition, the PBoC is interested in hiring experts in finance and economics to examine the economic theory behind issuing a digital currency. These job postings, along with the more than 40 patent applications filed in July, demonstrate PBoC's commitment to developing a central bank digital currency. (Source: CoinDesk)