People’s Bank of China to Onboard Six Technology Wizards in Helping Launch Its Digital Currency

The Chinese central bank, known as the People’s Bank of China, has recently put up a recruitment notice on its official site. According to the job post, the state bank is looking for six tech experts who have a lot of experience with blockchain technology.

Most of the people hired are set to work on the Digital Currency Research Institute. Candidates who apply should know that they are expected to be experts in cryptography, computing, microelectronics and/or econometrics.

The new employees would be responsible for developing software that would be used in the country’s new digital currency. They should also be able to do technical research and develop trading terminals, as well as study methods of payments and clearing.

Another important point is that the bank revealed that people with experience in systematic framework design, big data platforms, blockchain development and crypto research will be preferred.

The Mysterious Chinese Digital Currency

China is not very open with information, so the state-backed digital currency of the country is pretty mysterious so far. The People’s Bank of China is supposed to be working on it since 2014 and it said that it is ready to be launched this year, but the lack of official information makes it hard to know.

What is certain is that this project could certainly change the world and help China to improve its financial system, something important for a country that intends to become the largest economy of the world in the future.