Facebook Looks to Hire a Lead Commercial Counsel To Propel Their Blockchain Recruitment Drive
The most popular social media site, Facebook is continuing its recruitment drive for increasing its blockchain employee strength.
Recently we reported about Facebook’s official website showing its careers features a compilation of 20 vacancies with different roles that were specifically tagged Blockchain.
Facebook, according to a recent story published in the New York Times, has had at least fifty of its engineers, working tirelessly to develop a token for use by its different platforms. These are the Facebook platform itself, Instagram and also WhatsApp. The token being developed will be created as a stablecoin and is projected to officially launch sometime before July 2019.
It turns out the social networking giants are not stopping their efforts in recruitment blockchain experts. Recently, they posted a job on their career website that looks to hire a head commercial counsel for its initiatives with blockchain technology. The posting says:
“Drafting and negotiating a wide variety of contracts related our blockchain initiatives, including partnerships needed to launch new products and expand such products internationally.”
The job is multi-faceted. It also requires advising clients on legal risks, business strategies, and other business issues. Additionally, the role requires to structure Facebook’s relationships with key partners and the commercial aspects of the products and programs.
Although, the hardest part of the job is having both technical and legal expertise.
“5+ years of legal experience, including 4+ years of technology transactions experience,” particularly with blockchain or payments technology and related legal issues.
“Strong interest in mobile and alternative payments” is favored.
A blockchain team for Facebook was announced in May, which added David Marcus as the leader. Marcus, former PayPal president, joined forces with Kevin Weil, the former product head for both Twitter and Instagram. Still, since Facebook has been mostly silent on the topic, apart from their information provided in the career website, rumors have been flying about what they actually are developing.
When companies that are miles above the rest in technology, like Facebook, have a launch coming, there’s usually a push to fill the remaining open positions as the date approaches the end of their development. We can soon expect some blockchain product by them in the near future.