PayPal is hiring crypto engineers amid rumors of Bitcoin integration

Crypto and blockchain experts are being hired by Paypal as rumors circulate that the global payment platform will enable direct cryptocurrency purchases for its 305 million users. The job descriptions are publicly available on the company’s job board.

PayPal is hiring crypto pros amid speculation that the payments company will support Bitcoin https://t.co/FuzVnJ6BwV

— Cointelegraph (@Cointelegraph) June 22, 2020

“Technical Lead – Crypto Engineer” is the title for the first job on the website. The further listing describes that this person will be responsible for “new initiatives for PayPal global with a focus on agility, time-to-market, and innovation. The role includes designing, developing, and maintaining key crypto products/features targeted towards availability, performance, and scalability of PayPal services.”

The second listing is for a blockchain research engineer to operate within the company’s research group: This is about a recently formed group in the Strategic Technology Enablement team designated with establishing proficiency and opinions on the latest blockchain technologies and their potential uses within PayPal.

The job listings remain live while the crypto community talks over the recent rumors about PayPal formally throwing its hat into the cryptocurrency ring. The job requires a number of skills that overlap with Bitcoin (BTC) development, such as knowledge with C++, asymmetric cryptography, and cryptographic libraries.

PayPal considers rapid developments in blockchain and virtual currencies as a risk factor that could negatively influence the company. It’s is highly likely that the company strikes against these potential risks.