The second-largest U.S. bank has begun hiring for blockchain positions.
The job openings, which appeared in recent months, are the first indicator that Bank of America plans to do much else with the technology apart from 78 blockchain-related patents.
The Charlotte, N.C.-based bank has six.
Each job description either calls for experience with blockchain tech or the ability to apply it in a banking context.
A recently closed ad on LinkedIn also suggests the bank has plans to use Ripple's distributed ledger-based payments network in some form.
Bank of America did not respond to requests for comment by press time.
The lender is also a member of the Marco Polo trade finance blockchain consortium, founded by startups R3 and Trade IX. In March, the bank's chief technology officer, Cathy Bessant, told CNBC that she's bearish.
On the technology and that the patents exist only so that the bank can pivot to blockchain quickly if the need arises.
In an application filed in March 2018 and published by the United States Patent and Trademark Office this month, the bank requested a patent for a permissioned blockchain to record internet-of-things node data.
Requires experience in "Crypto-technologies," a category under which Bank of America includes IoT and blockchain.
Bank of America Is Now Hiring in Blockchain, Not Just Filing Patents
pubblicato su Oct 11, 2019
by Coindesk | pubblicato su Coinage
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