Digital Rupee may encourage crypto-related operators to provide more jobs in India
By MYBRANDBOOK
Following the announcement of India’s Finance Minister Nirmala Sitharaman in the Union Budget 2022 that Reserve Bank of India (RBI) will issue digital currency based on blockchain technology in 2022-2023;
“The announcement to leverage blockchain technology to create digital rupee may give an impetus to cryptocurrency exchange platforms and related companies that operate in India. The launch of a central bank-regulated digital currency in India could well mark a watershed moment that may encourage companies in the private space to increase hires around the emerging Web 3.0 technology.
“Currently, most job listings in India are around supporting software operations to maintaining software infrastructure while some companies are looking to build partnerships and create the compliance framework.
“The likes of Coinbase Global Inc, BitGo, Inc., and PayPal Holdings Inc, among others, are already hiring in India. BitGo and Coinbase listed roles as recent as January 2022 to recruit and build a team of engineers in India. Similarly, PayPal is hiring for software engineer roles for its blockchain, crypto and digital currencies (BCDC) business unit to drive continued growth.
“Interestingly, Seychelles-based OKEX Technology Co Ltd is looking to manage and enhance relationships with local crypto influencers to identify potential affiliates and acquire users, ‘Affiliate Business Development Manager’ role listed in January 2022 shows. Another exchange network company, Ripple Labs Inc is building crypto compliance, among others, to support a global payments business. The company is growing its team of engineers.”
Microsoft to build a new data centre to support Thailand's tec
Microsoft has revealed intentions to construct a regional data centre as w...
SAP launches cloud services to help Indian scaleups innovate m
SAP at SAP unveils now "GROW with SAP for Scaleups," a new cloud service d...
Denodo and Sonata form alliance to unlock data-to-value creati
Denodo and Sonata Information Technology India Limited (SITL) have annou...
Google Play Store will now let users download two apps simulta
Google Play Store now lets users download two apps simultaneously. While a...
BHARAT ELECTRONICS LTD.
EXIDE INDUSTRIES LTD.
FINOLEX INDUSTRIES LTD.
TATA CONSULTANCY SERVICES
Technology Icons Of India 2023: Sandip Patel
Sandip Patel is the Managing Director, IBM India/South Asia. He is res...
Technology Icons Of India 2023: Josh Foulger
Josh is the Country Head of India and MD of Bharat FIH Ltd (A Foxconn ...
Technology Icons Of India 2023: Rajiv Memani
As Chair of the EY Global Emerging Markets Committee, Rajiv connects e...
ITI Limited widening its focus area
ITI Limited is a public sector undertaking company, has manufacturing ...
STPI encouraging software exports from India
Software Technology Parks of India (STPI) is an S&T organization under...
DRDO is India's largest and most diverse research organisation
DRDO is the R&D wing of Ministry of Defence, Govt of India, with a vis...
SONATA INFORMATION TECHNOLOGY LIMITED
Sonata Software Limited is a leading Modernization engineering company...
IRIS GLOBAL SERVICES PVT. LTD.
Iris Global services is one of the leading distribution houses that d...
ADITYA INFOTECH LTD.
Aditya Infotech Ltd. (AIL) – the technology arm of Aditya Group, is ...