Blockchain Developer to be Hired by the Central Bank of Ukraine

Blockchain developers are being hired across the world as the cryptocurrency has gone mainstream. Top institutions are embracing crypto in droves and the adequate staff will be required in order to make the transition and smooth and possible.

Blockchain Developer Ad posted on Linkedin

The central bank of Ukraine wants to hire a blockchain developer. There are career opportunities and a salary in the private sector. Vladimir Nagornyuk, the IT director of the bank, published a job posting on Linkedin that outlines the role’s responsibilities as well as the benefits candidates can expect.

The “development, execution and refinement infrastructure services, highly accessible distributed system and services (Hyperledger)” ad details. Future hires will be focused on design and development microservices and integration solutions as well as development of smart contracts, registers and architectural solutions.

Forklog quotes Nagornyuk as saying that the National Bank of Ukraine offers “opportunities to professional development in stable and transparent organizations” and “market-level remuneration with performance-based bonus.” The benefits include flexible work hours and a corporate pension plan.

According to the monetary authority, it will offer its blockchain expert access to training courses as well as an “opportunity” to participate in the country’s development. This suggests that the person who holds the position is likely join the regulator’s effort to create its digital currency central bank (CBDC).

Since several years, the e-hryvnia initiative has been in development. The law “On Payment Services,” which opened the doors to its issuance, was approved by the Ukrainian parliament in June and signed by President Volodymyr Zelensky. The bill gives the NBU the power to mint digital versions of sovereign fiat currencies.

This year’s survey of financial professionals revealed that most people favor a blockchain-based digital hryvnia design that allows peer-to-peer transactions, fuels e-commerce and facilitates transactions in the crypto-space. Further research is needed to determine if the CBDC can be used in the virtual asset sector.

In August, the Ministry of Digital Transformation in Ukraine revealed that the currency will be used to pay its employees. Arsen Makarchuk from the NBU Strategy and Development Department stated that a pilot project may be launched before the year ends.