Singapore, Malaysia, the UAE, France, Benelux nations, Nepal, and the U.K. Embrace NPCI’s UPI Payment System.
The National Payments Corporation of India (NPCI), a venture spearheaded by the Reserve Bank of India (RBI) in collaboration with 247 Indian banking institutions, is actively seeking an adept blockchain expert to spearhead exploration of blockchain applications within contemporary payment ecosystems.
NPCI is the proud operator of the Unified Payments Interface (UPI), India’s indigenous instant payment solution facilitating seamless interbank peer-to-peer and person-to-merchant transactions. A recent LinkedIn job listing validates NPCI’s relentless pursuit of a blockchain head.
The ideal candidate should be a seasoned technocrat boasting a minimum of six years of hands-on experience in blockchain development and implementation, with a primary focus on pinpointing “opportunities wherever blockchain-driven solutions can be deployed.”
In addition, this senior leadership role necessitates an in-depth grasp of multiple blockchain platforms and prior involvement in at least two pilot blockchain projects. UPI’s triumphant fortification of the Indian payment landscape has sparked interest from various global jurisdictions.
“Multiple Nations Adopt UPI Payments System, Eye Blockchain Integration to Expand User Base and Strengthen Technology Resilience
Singapore, Malaysia, the United Arab Emirates, France, Benelux countries, Nepal, and the United Kingdom have all embraced the UPI payment system to varying extents. Infusing blockchain components into UPI has the potential to introduce this technology to millions of users instantly, reaffirming the prowess of the underlying technology that has underpinned Bitcoin BTC prices for nearly 14 years, with a drop of $25,873.
At the time of writing, NPCI’s job listing had already garnered over 200 applicants. Anticipations are high for an escalation in NPCI’s blockchain recruitment efforts as promising blockchain use cases come to light.
In a separate development, the United Kingdom’s National Crime Agency (NCA) has initiated the recruitment of four senior investigators to join its Complex Financial Crime Team, specializing in crypto-related offenses.
These investigators will be tasked with pursuing high-profile crypto fraud, money laundering, and other illicit blockchain activities perpetrated by organized crime syndicates.
The U.K. has been diligently working to establish a dedicated investigative unit focused on combating illicit crypto activities. On January 4th, the NCA launched its digital assets team, signaling an enhanced emphasis on cryptocurrency assets.