India is looking for blockchain :
expert for web projects 03 :
National Payments Company of India (NPCI)
an initiative of the Reserve Bank of India (RBI)
has confirmed that it is looking for a blockchain expert to lead its invasion to Web3.
According to :
the functionality list on LinkedIn :
NPCI is looking for a blockchain boss with at least six years of
experience in implementing blockchain in enterprises.
The state-backed payment :
authority indicates on its list that the ideal candidate should
have a bachelor's degree in engineering with at least 16 years of experience.
If successful :
- for identifying new ways in which blockchain
- can be deployed to improve the status of payments.
The list indicates that the role will involve regulating proof of concept
(POC) to ensure the efficiency and costs of the proposed blockchain solutions.
To design :
develop, implement and support
a blockchain-based network," according to a list
Candidates with clear experience in working on
at least two blockchain projects will be given preference over other candidates.
The ideal candidate for NPCI
- is expected to have some experience in
- deploying blockchain solutions to the financial services institution.
- The senior leadership post is expected to be based in Mumbai or Hyderabad
but the list of posts should have disclosed the proposed compensation.
- More than 200 candidates have applied for this role via LinkedIn
- and critics are expecting a larger blockchain recruitment wave
- for NPCI in the coming months.
NPCI's :
Standardized Payment Interface (UPI) :
an instant payment system that facilitates transactions from person to trader (P2M)
and peer to peer (P2P)
is expected to play a more important role in India's attempt to launch a digital rupee.
Early in the week :
YES Bank announced the integration of UPI
and the digital mobile app in rupees in
a move designed to ensure smooth interoperability between both systems.
With the RBI relying on :
- blockchain for its central bank digital currency (CBDC)
- NPCI's attempt to strengthen its ranks with a blockchain expert
- has been hailed as a right step in the right direction.
Blockchain
technology expands its influence in India
Since Finance Minister Nirmala Sitaraman announced plans to increase blockchain
adoption by 46%, India's local blockchain area has recorded a wave of activities.
A state-backed think tank
has launched a blockchain learning unit
for interested residents to deepen the local talent pool.
At the same time
many agencies have resorted to
innovative technology to improve their operations.
Blockchain technology has been active in
- the forensic
- real estate
- logistics, health
and education sectors, but financial applications still need to be improved.
The latest NPCI engine can open the door
for financial entities to explore new use cases for blockchain in the payments sector.
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