The National Payments Corporation of India (NPCI), a color, Experienced Blockchain Technology Expert to Lead Research Into the Potential Role of Blockchain in Modern Payment Systems.
NPCI is the operator of India's Unified Payments Interface (UPI), an indigenous instant payments system facilitating transactions between banks, both peer-to-peer and person-to-merchant. A recent LinkedIn job posting by NPCI confirms their pursuit of a blockchain director . This sought-after candidate should be a seasoned technology expert with a minimum of six years of experience in blockchain development and implementation. Their primary task will be to identify "pathways through which blockchain-driven solutions can be utilized."
Key leadership roles in this endeavor will necessitate a deep technical grasp of multiple blockchain platforms and hands-on experience in at least two blockchain pilot projects. The success of UPI in streamlining India's payments landscape has garnered attention from various other jurisdictions.
Countries like Singapore, Malaysia, the United Arab Emirates, France, Benelux nations, Nepal, and the United Kingdom have all adopted the UPI payment system to varying degrees. Integrating blockchain into UPI could provide immediate exposure to the technology for millions of users , reaffirming the potential of the underlying technology that has been powering Bitcoin for nearly 14 years.
As of now, there are over 200 applicants vying for the NPCI position. NPCI's blockchain recruitment endeavors are poised to intensify as viable blockchain use cases are identified. In August, the UK's National Crime Agency (NCA) initiated the hiring process for four senior investigators to bolster its complex financial crime team, which focuses on combating cryptocurrency-related offenses. These investigators are tasked with pursuing high-level cryptocurrency fraud, money laundering, and other blockchain-based crimes perpetrated by organized criminal groups.
The UK has been actively working to establish a dedicated investigative team to tackle illicit cryptocurrency activities. On January 4th, the NCA launched a digital asset team, marking an expanding focus on crypto assets.
