NPCI requires the prospective employees to develop POC (Proof of Concept) for implementing blockchain on different platforms.
The National Payments Corporation of India (NPCI) is a state-owned enterprise that specializes in retail payments and settlement systems in India.
It was created by the Reserve Bank of India (RBI) and the Indian Banks’ Association (IBA).
Some of NPCI’s most renowned products are Unified Payments Interface (UPI), RuPay, and Immediate Payment Service (IMPS).
On Monday, Coin Crunch India came across a job post by NPCI on LinkedIn.
It is looking for 2 mid to senior-level professionals with experience in blockchain technology.
One of the positions is for Blockchain Specialist, and the other is for Blockchain Lead/Developer.
The job descriptions of both positions require the prospective employee to build POC (Proof of Concept) to implement blockchain on different platforms.
Earlier this year, when many banks were reluctant to deal with crypto exchanges. Those banks had directed payment gateway operators to block the transactions to crypto exchanges. At that time NPCI had refused to block UPI transactions to crypto exchanges, as per an Economic Times report.
RBI has been planning to roll out its Central Bank Digital Currency (CBDC) for some time. Since NPCI specializes in retail transactions and settlements, it could play a key role in CBDC development and deployment.
It could be that the recruitment is for a CBDC related project. Only NPCI and RBI can confirm.
What do you think? Comment below.
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