NPCI's Search for Blockchain Technologist to Drive Payment System Innovations
Summary:
NPCI, in collaboration with the RBI and Indian banking companies, seeks a seasoned blockchain technologist to lead and explore blockchain opportunities in the payment systems. The ideal candidate should have 6 years of experience in developing and implementing blockchain, with a deep understanding of multiple blockchain platforms. The LinkedIn job posting received over 200 applicants, and NPCI's blockchain recruitment drive is expected to expand as viable use cases are discovered.
The National Payments Corporation of India (NPCI), in collaboration with the Reserve Bank of India (RBI) and 247 Indian banking companies, is currently searching for an experienced blockchain technologist to lead and explore the potential of blockchain in modern payment systems. NPCI is the owner and operator of Unified Payments Interface (UPI), which is India's domestic instant payment system facilitating peer-to-peer and person-to-merchant transactions across banks. A LinkedIn job posting by NPCI confirms their efforts to recruit a head of blockchain. The desired candidate should possess a strong technological background with a minimum of 6 years of experience in blockchain development and implementation. They will be primarily responsible for identifying areas where blockchain solutions can be utilized. Furthermore, the ideal candidate should have a comprehensive understanding of multiple blockchain platforms and previous involvement in at least two pilot blockchain projects. UPI's success in strengthening the Indian payments landscape has attracted interest from other countries such as Singapore, Malaysia, UAE, France, BENELUX countries, Nepal, and the UK, all of whom have varying levels of adoption of the UPI payments system. Integrating blockchain into UPI has the potential to instantly expose millions of users to the technology, thereby showcasing the capabilities of the underlying technology that has powered Bitcoin for nearly 14 years. At the time of writing, the job posting received over 200 applicants, and it is expected that NPCI's blockchain recruitment efforts will expand as viable use cases for blockchain are discovered.
Published At
9/4/2023 7:58:34 AM
Disclaimer: Algoine does not endorse any content or product on this page. Readers should conduct their own research before taking any actions related to the asset, company, or any information in this article and assume full responsibility for their decisions. This article should not be considered as investment advice. Our news is prepared with AI support.
Do you suspect this content may be misleading, incomplete, or inappropriate in any way, requiring modification or removal?
We appreciate your report.