Crypto Biz: Have you considered a career in crypto? March 11-17
Analyzing the labor market is a passion of mine. In my past life, I worked as a labor market analyst for a Canadian think tank specializing in the IT sector. Tech employees always enjoyed higher demand, higher pay and lower jobless rates than workers in the rest of the economy.
Although blockchain and crypto were virtually nonexistent during my tenure, these emerging technologies are now leading exponential growth for an industry evolving from Web2 to Web3. This week’s Crypto Biz newsletter highlights the growing demand for crypto professionals in the traditional finance and payment industries. We also survey the latest funding news from the world of blockchain.
Credit card giant Visa is inviting new college graduates to join its Crypto Development Program, an 18-month “rotational development experience” designed to usher in the next generation of cryptocurrency professionals. Visa says it’s looking to build a “fully fluent cryptocurrency team now and for the future” as it continues to roll out crypto-focused products and solutions. Visa has made it abundantly clear that it won’t miss out on the digital asset revolution. In December, the company announced it was launching a new crypto consulting service for merchants and banks. In September of last year, the company confirmed that it was working on a blockchain interoperability project designed to serve as a “network of blockchain networks.”
As digital assets continue reaching the masses, specialized crypto departments are fast becoming the norm within traditional financial institutions. Perhaps the most notable example is Nomura Holdings, a Japanese financial holding company that recently set up a new digital asset department. In an interview with Cointelegraph, bitFlyer
Read more on cointelegraph.com
