Visa is hiring blockchain developers

March 2, 2016 - Visa is recruiting blockchain developers. In a job posting on Visa's official website, the payment operator states the job description of the company's software engineers:

“Design and develop secure, scalable blockchain networks and microservices that are highly scalable, efficient, and extensible.”

Visa turns to blockchain technology for future infrastructure

The job requirements seem to be consistent with blockchain application development skills. Whether they plan to update their internal technology infrastructure or launch retail products based on blockchain technology is still undecided. But the job posting shows that Visa has a new emphasis on the potential of enterprise blockchain technology development.

Bitcoin adoption has been exploding in regions where the value of the native currency has fallen. Crypto payment applications such as Apple Pay and Visa Checkout have become increasingly viable as effective alternative services. With the recent launch of IBM’s OpenBlockchain and the widespread interest in blockchain development by governments and banks, it’s no surprise that Visa is acknowledging blockchain’s place in modern finance. With the stagnation of Apple Pay adoption and the lack of universal solutions for convenient payments, cryptocurrencies have become a compelling alternative. As a result, the use of cryptocurrencies has been increasing recently. Visa and other companies may be eager to go this route to ensure they are able to adapt to today’s financial technology ecosystem.

Visa’s development of blockchain stands in contrast to the attitude of the corporate sector towards blockchain development a few years ago. Open source solutions for finance were considered time-consuming and impractical in the past, which had a serious negative impact on public perception. But now Visa is developing blockchain software and technology. More importantly, this move indicates that decentralized finance is becoming a completely different possibility as the norm. And this possibility is something that financial institutions and technology companies such as Visa must face in order to continue to operate in the future.

Original article: http://bitcoinist.net/visa-is-looking-for-blockchain-developers/
By Tyson O'Ham
Compiled by: Kyle
Source (translation): Babbitt Information (http://www.8btc.com/visa-looking-for-blockchain-developer)