The Federal Reserve bank of San Francisco is searching for senior software developers for CBDC, Central Bank Digital Currency.
On Saturday, 18 February, the Federal bank of San Francisco announced the job recruitment of ‘Senior application developer – digital currency’, on their official LinkedIn account. So far, 48 applicants have shown interest and filled out the application form to contribute to the Federal government’s in-house CBDC, Central Bank Digital Currency.
Nearly 18 days Before, the Federal Reserve System Careers posted three positions for developers and this was one of them. Apart from Senior Application Developer, there are two more developing opportunities such as Lead Application Developer and another is Senior Application Architect for centralized digital currency.
The Fed intends to research the cost and advantages of possible central bank digital currency technology. The applicant is anticipated to support the Federal Reserve in developing and implementing into place infrastructure essential to CBDC research.
In a LinkedIn post, Fed stated that “Given the dollar’s important role, the Federal Reserve System seeks to further understand the cost and benefits of the potential technologies for central bank digital currencies, and how the system better understands this emerging field.”
The applicant must meet certain requirements, including experience in creating and managing digital payments, cryptocurrencies, or CBDCs. There is also a need for an understanding of cryptographic protocols, including security, consensus techniques, and zero-knowledge proofs.
Furthermore, crucial duties include creating CBDC-related processes, detecting improvement, and reducing hazards. This position is available in San Francisco, California and the beginning salary goes from $110,300 to $176,300.
Also read: eBay Lists Multiple Web3 Jobs after KnownOrigin Acquisition
