Bank for International Settlements (BIS), which is an international financial institution owned by central banks posted a job announcement today that stated a requirement for a “host” of blockchain experts to join the BIS Innovation Hub.
— Bank for International Settlements (@BIS_org) September 16, 2020
The job ad mentioned that BIS wanted to hire blockchain or distributed ledger technology software engineers and solutions architects to join them on three-year fixed-term contracts. However, the announcement did not specify the number of blockchain software engineers that BIS wanted to hire.
BIS which has its headquarters in Switzerland stated in the ad that the applicants who get hired would work at the Hong Kong and Swiss centers. Moreover, they would lead projects related to central bank digital currencies (CBDCs), tokenized securities, and token-based payment systems. In addition to this BIS would also require successful applicants to provide expertise on distributed computing, algorithms, cryptography, cybersecurity, consensus protocols and smart contracts.
The BIS has 62 central banks and monetary authorities as current members from countries like Australia, Belgium, Brazil, Canada, which also includes the Bank of England and the Board of Governors of the Federal Reserve System (United States), among others. All these central banks have rights of voting and representation in BIS meetings and also hold the BIS capital.