Mastercard’s Job Listings: A Clue to Its Crypto Ambitions?
It seems that the payment titan Mastercard is plotting a new course, and it’s leading straight to the wild world of cryptocurrencies! As of August 2, recent job openings suggest that they’re hunting for talent to help develop blockchain and cryptocurrency products. What’s the catch? It appears there might be a crypto wallet in their future.
New Roles Highlighting Crypto Wallets
Among the intriguing positions available are:
- Director, Product Management – Crypto Currency/ Wallets
- Director, Product Development & Innovation – Blockchain Solutions Architect
- VP, Product Management – Blockchain/Crypto
The first two roles are particularly exciting as they’re focused on developing blockchain-based solutions that likely include wallets. Perhaps it’s time to grab your digital keys and watch out for what’s coming next!
Strategic Fit: What Will Mastercard Develop?
While the job descriptions hold their cards close to their chest, they do hint at a need for strategic solutions that add value to both customers and partners of Mastercard. Could this lead to partnerships, especially with Libra, Facebook’s stablecoin project? It’s all speculation for now, but the intrigue is undeniably high.
Experience Required: Getting the Right Talent
The incoming VP of Product Management will notably need to come equipped with familiarity in payment systems and an understanding of the regulatory landscape. Perhaps they’ll even need to master the practice of dodging crypto’s many hurdles—imagine the job interview questions! “So how would you keep our crypto wallets safe from potential cyber thieves?” Talk about a high-stakes job!
Mastercard’s Crypto Past and Future
This isn’t Mastercard’s first tango with blockchain. Just last week, they made headlines when instant loan provider Nexo announced the launch of a Mastercard-branded cryptocurrency credit card. Moreover, let’s not forget that back in 2018, Mastercard was in the spotlight for owning a wealth of blockchain-related patents, securing its spot as a top player in that realm.
The Future of Payments: What’s Next?
As Mastercard dives deeper into the crypto pool, consumers and businesses alike should stay alert. The evolution of digital payments is speeding up, and Mastercard aims to ride that wave rather than get swept under. Who knows, we might soon be trading our usual credit cards for digital wallets filled with crypto gems!
