World fee big Visa continues to discover the advantages of the cryptocurrency trade with a brand new initiative centered on stablecoin funds.
Cuy Sheffield, head of crypto at Visa, took to Twitter on April 24 to announce a brand new cryptocurrency-related challenge developed by the agency.
Visa’s upcoming crypto product is designed to drive mainstream adoption of public blockchain networks and stablecoin funds, Sheffield famous.
We have now an formidable crypto product roadmap @Visa and simply opened just a few reqs for senior software program engineers to assist us drive mainstream adoption of public blockchain networks and stablecoin funds. https://t.co/UQRJNcOJtB
— Cuy Sheffield (@cuysheffield) April 24, 2023
In accordance with a Visa job posting published on April 20, the corporate’s crypto division is constructing the “subsequent technology of merchandise” to facilitate the digital commerce of on a regular basis life.
With a purpose to develop the product, Visa is searching for to rent software program engineers centered on programming, backend techniques Web3 applied sciences.
“Significantly serious about expertise utilizing Github Copilot and different AI assisted engineering instruments to jot down and debug good contracts,” Sheffield wrote on Twitter.
Amongst most popular applicant {qualifications}, Visa listed a very good understanding of layer 1 and layer 2 options alongside expertise with writing good contracts utilizing the programming language Solidity. Introduced specifically for the Ethereum Network, Solidity is used to create good contracts on blockchain platforms and generate a series of transaction data within the blockchain system.
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The place additionally requires good understanding of public and permissioned distributed ledger networks, safety protocols, non-public key custody in addition to new Ethereum enhancements such as ERC-4337.
One of many world’s largest funds corporations, Visa made a serious transfer into the crypto trade in 2020, partnering with the blockchain firm Circle to assist the USD Coin (USDC) stablecoin on sure bank cards. The agency has been step by step increasing its crypto providing however halted some new industry partnerships as a result of crypto bear market of 2022 and main trade collapses like Celsius and FTX.
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