Altcoin News: Cryptocurrency Division Will Appear in Visa

April 1, 2019, by Marko Vidrih on ALTCOIN MAGAZINE

Visa opened a vacancy for the position of cryptocurrency ecosystem development manager. The payment giant plans to launch a cryptocurrency unit.

The new employee must understand the blockchain and cryptocurrencies, as well as possess knowledge of cryptography. As a mandatory requirement specified experience in the payment industry for at least 3 years. The duties of the employee will include monitoring of the crypto industry, the development of DLT-solutions and their implementation in the payment infrastructure of the company.

“This highly motivated employee will be responsible for managing the product roadmap and working with key stakeholders in strategic, research and engineering organizations. The employee will work closely with the Visa research team to develop new products,” is written at the job description note.

Previously, Lisa Ellis, an analyst at MoffettNathanson, expressed the opinion that Bitcoin could destroy Visa and other traditional payment systems. She believes that digital assets are much better suited for cross-border payments.

Author: Marko Vidrih