Societe Generale is hiring Bitcoin developers

Bitcoin House News July 23 CoinDesk reported that Societe Generale, one of the largest commercial banking groups in France, is recruiting Bitcoin developers.

The contract is for 12 months, with the main research and development focus on cryptocurrency and blockchain. Although the specific job responsibilities were not specified, it indicates that the bank is developing a program called "prototype programming."

Assuming Societe Generale can recruit the cryptocurrency talent it needs, the bank would become the latest banking institution to devote resources to researching blockchain and bitcoin.

Societe Generale is actively innovating in the financial sector to adapt to the needs of development.

Societe Generale sent a report to investors after receiving many messages asking for a valuation of Bitcoin. At the time, analyst Sebastien Galy believed that the surge in the price of Bitcoin from $13 to $130 was a huge bubble.

About Societe Generale

One of the largest commercial banking groups in France. Its head office is in Paris. It was founded in May 1864 and its full name is "French General for the Promotion of Industry and Commerce". It was originally a private bank, but was nationalized in 1946. In 1979, the state controlled 93.5% of the bank's capital, and later switched to full control. It was renamed in 1983. In 1986, it had 2,873 branches at home and abroad. Its overseas branches are mainly located in 30 countries and regions including the United Kingdom, Belgium, Switzerland, Austria, Spain, Tunisia, Morocco, Congo, Japan, Iran, the United States, and Canada. In 1993, its total assets were US$257.838 billion, ranking fourth in France and 27th among the world's 1,000 largest banks. In 2014, it ranked 33rd in the Fortune Global 500 and second in the world in the banking industry.