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  • BlackRock seeks to hire blockchain expert and attract customers to future offers based on Bitcoin (BTC) and other cryptocurrencies.
  • BlackRock’s Vice President of blockchain must have technical knowledge of cryptographic technology operation.

The asset management firm BlackRock seems to be about to make a full entry into Bitcoin (BTC). According to a notice on its website, the company is looking for a Vicepresident of blockchain-based in New York. The executive will be responsible for increasing demand for BlackRock’s products related to BTC and other cryptocurrencies.

According to the job offer, candidates must have 4 years of experience in a similar or related position. In addition, they must have at least six years of experience in key areas: technology and risk analysis, be able to create and evaluate business strategies, evaluate business models, structure financial transactions in debt, equity and other financial derivatives.

The Vicepresident of blockchain that BlackRock is seeking must combine the above with a high level of expertise applying “the technological fundamentals of blockchain technology”, hash functions, distributed consensus mechanisms, private key cryptography, governance models based on blockchain technology.

In addition, the company requires that its Vicepresident in this area has worked on the design of the 4 key dimensions in the development of a blockchain network: scalability, speed, privacy and security, according to the announcement.

BlackRock follows wave of Bitcoin (BTC) adoption

The job post is considered “massively bullish” for the adoption of Bitcoin. With $7 trillion in assets under management, BlackRock is one of the largest investment firms in the world and its entry into the crypto market could bring in large amounts of fresh capital from investors interested in investing in cryptocurrencies.

As reported by CNF, in early December BlackRock CEO Larry Fink made positive statements about the first cryptocurrency by market capitalization. In an interview along with the former Bank of England Governor Mark Carney, Fink said:

(…) Bitcoin has caught the attention and the imagination of many people. Can [Bitcoin] evolve into a global market? Possibly. [Bitcoin is] still untested, a pretty small market relative to other markets. You see these big giant moves every day. It’s a thin market.

Since that time, Bitcoin has increased its price by over $10,000 to $27,252 with sideways movement (-0.61%) in the last 24 hours. On the weekly and monthly charts, BTC records gains of 15.21% and 58.09% with a market cap that has, for the first time in its history, exceeded half a trillion dollars.


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This article is provided for informational purposes only and is not intended as investment advice. The content does not constitute a recommendation to buy, sell, or hold any securities or financial instruments. Readers should conduct their own research and consult with financial advisors before making investment decisions. The information presented may not be current and could become outdated.

Reynaldo Marquez has closely followed the growth of Bitcoin and blockchain technology since 2016. He has worked as a columnist covering advances, market fluctuations, forks, and developments in the cryptocurrency space. He believes that cryptocurrencies and blockchain technology will have a profoundly positive impact on people's lives. Business Email: info@crypto-news-flash.com Phone: +49 160 92211628

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