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 bank has filed or won to date.
The Charlotte, N.C.-based bank has six positions open that mention blockchain: one for a treasury product manager, three for enterprise payment technology senior architects and two for banking regulatory domain architects. 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. The post for a treasury product manager indicates the role “leads the product management team for the Ripple Project.”
The new hire would be responsible for “driving product strategy and growth, overseeing daily product management routines, and overseeing the development of new initiatives that result in an innovative and highly-competitive product offering.”
Bank of America did not respond to requests for comment by press time. Read More...