Banque de France Blockchain Analyst Job Opening Signals Digital Currency Accommodation
Blockchain Analysis is slowly proving to be an important area of research for regulators across world. France’s Central Bank is the latest to advertise for a Blockchain Analyst opening after the Federal Reserve made a similar move recently.
Banque de France plans on using the specialist to design an effective framework for digital currency oversight and integration in future. The new hire will be posted in Financial Stability and Operations and is expected to be knowledgeable in private or public blockchain. In addition, they should understand economics particularly tokenomics and game theory.
The Central Bank also advertised for a development engineer opening who will complement the blockchain functions by identifying potential applications within its ecosystem. As for the Blockchain Analyst, private blockchains such as Corda, Hyperledger and Quorum should be a familiar area. They should also have prior experience with public networks such as Ethereum and Bitcoin.
This new role will involve external experiments with existing blockchain around the European market. The Blockchain Analyst will be expected to identify loopholes within the economy and monetary policy affiliated to blockchain network.
The France Central Bank has been active in blockchain tech innovations. Back in 2016, the regulator tested blockchain in record management for creditors within the Euro economy. It was around the same time when they announced to soon launch a FinTech innovation lab inclusive of blockchain projects.
However, the bank has been skeptical on cryptocurrencies like Bitcoin. It had proposed Insurance, banks and Trust companies be banned from investing in digital coins back in March 2018.