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JPMorgan, US megabank, looking to employ more blockchain experts.

JPMorgan, US megabank, looking to employ more blockchain experts

JPMorgan Chase, a major American investment bank, is ramping up its blockchain hiring by advertising new blockchain-related job openings.

New Job Openings

JPMorgan has posted job openings for blockchain-focused software developers, engineers, marketers, and auditors to further its worldwide blockchain development initiatives. According to the company’s available jobs on LinkedIn, they published many of these new blockchain-related job listings in the previous few days.

The new job listings are looking for blockchain expertise in various locations across the world. This includes the United States, Singapore, India, Hong Kong, the United Kingdom, etc. Additionally, over the last seven days, the business has advertised more than 30 such positions in the United States alone.

Onyx Business

JPMorgan’s digital currency-focused Onyx business and Link, the company’s own blockchain-based interbank data network, have received several applications. Moreover, since October, Onyx’s focus lies on JPMorgan Chase’s in-house stablecoin, JPM Coin.

A New Job Opening

One of the recently advertised opportunities is for a blockchain platform software engineer in Jersey City, New Jersey. Candidates should have familiarity with blockchain security technologies, proof-of-stake algorithms, and critical cryptocurrencies such as Bitcoin (BTC) and Ether (ETH).

Why New Jobs?

The new job listings came after JPMorgan analysts predicted that Ethereum’s impending switch from proof-of-work to proof-of-stake would enhance worldwide acceptance of crypto staking returns, potentially sparking a $40 billion boom in staking payouts by 2025. Therefore, according to the bank’s experts, Bitcoin has the potential to become an attractive alternative to gold in the long term, surpassing the $140,000 price level.

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