Based

Reserve

United

Prime

Bank AI

Based on recent media reports, the National Payments Corporation of India (NPCI) is seeking an experienced blockchain expert to lead its investigation into blockchain’s potential applications in modern payment systems and to integrate blockchain components into the UPI framework.&nbsp; 
<h2 id="span-style-font-weight-400-npci-is-looking-for-a-head-of-blockchain-span">NPCI is Looking for a Head of Blockchain</h2> 
In an effort to hire a head of blockchain, the company recently <a href="https://www.linkedin.com/jobs/view/3661017317/" rel="noopener noreferrer nofollow">listed</a> a job opening on LinkedIn. According to the job description, the ideal applicant will be an experienced technologist having a minimum of 6 years of expertise in developing and deploying blockchain, and they will be largely responsible for determining “avenues wherever blockchain-driven solutions can be used.”&nbsp; 
<h3 id="span-style-font-weight-400-prior-work-is-important-span">Prior Work is Important</h3> 
A thorough technical awareness of several blockchain platforms as well as prior work background of at least two blockchain pilot projects constitute additional requirements for a senior management position.&nbsp; 
The National Payments Corporation of India, a joint venture of the Reserve Bank of India (RBI) and the Indian Banks’ Association (IBA), is a centralized organization for administering the consumer payment and settlement systems in India.&nbsp; 
<h2 id="span-style-font-weight-400-npci-already-receiving-offers-from-multiple-countries-span">NPCI Already Receiving Offers from Multiple Countries</h2> 
NPCI is already receiving offers from countries in Asia, Africa, and the Middle East to upgrade its payment infrastructure. The UPI payment method has been adopted to varied degrees in Singapore, Malaysia, the United Arab Emirates, France, the Benelux countries, Nepal, and the United Kingdom. 
<h3 id="span-style-font-weight-400-blockchain-adoption-in-india-span">Blockchain Adoption in India</h3> 
It is remarkable that <a href="https://thecoinrise.com/indian-crypto-users-account-for-53-of-global-total-in-2023-report/" rel="noopener noreferrer nofollow">India now represents 53% of all bitcoin users globally</a>, which is five times more than the US. India has also been looking into how blockchain technology may be used in a variety of businesses that could pave opportunities for more widespread public’s acceptance of cryptocurrencies.&nbsp; 
This news comes just after Indian Prime Minister Narendra <a href="https://thecoinrise.com/india-calls-for-global-crypto-framework-at-g20-summit/" rel="noopener noreferrer nofollow">Modi called for international collaboration</a> to create crypto laws at the annual G20 summit. As the G20 presidency for this year, India has taken on the duty of establishing a comprehensive global framework for handling cryptocurrencies. 
The post <a rel="noopener noreferrer nofollow" href="https://thecoinrise.com/indias-npci-seeks-to-hire-blockchain-expert-details/">India’s NPCI Seeks to Hire Blockchain Expert: Details</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://thecoinrise.com">Latest News and Insights on Blockchain, Cryptocurrency, and Investing</a>.

India’s NPCI Seeks to Hire Blockchain Expert: Details

Table of Contents

TheCoinrise Media

Other articles published on Sep 4, 2023

ByBit Launches AI-Powered Trading Assistant

Binance's Product Head Kamat Resigns Amidst Executive Exodus

Crypto: Stablecoins make Visa, PayPal and Mastercard quiver

Crypto Casino Stake Reportedly Hacked For $41.3 Million

Is Elon Musk Eying Toward Dogecoin to Make It Payment Option for X?

Binance head of product quits as executive exodus continues

Join our free newsletter for daily crypto updates!