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Facebook’s blockchain recruitment drive continues, as the social network looks to hire a guide commercial counsel for its initiatives with the technology.
A new job posting at the company’s career page claims the position will be in charge of “drafting and negotiating a wide variety of contracts related our blockchain initiatives, including partnerships needed to launch new products and expand such products internationally. ”
An additional part of the job is advising clients on legal risks, business strategies and other business issues. The commercial counsel will also structure Facebook’s associations with key partners and the commercial aspects of the products and programs.
The prospect should be able to “manage numerous deals” and have an established lawyer’s qualification: a M. D. degree and regular membership in at least one U. S. state pub are a must.
But the job also requires serious tech expertise: “5+ years of legal experience, including 4+ years of technology transactions experience, ” particularly with blockchain or payments technology and related legal issues. “Strong interest in mobile and alternative payments” is preferred.
Facebook’s ambitions related to blockchain-enabled payments have been reputed for a few months: a February report by the New York Times uncovered that the social mass media giant has been working on a token for payments across the company’s media platforms, which include WhatsApp and Instagram.
In accordance to NYT’s sources, the cryptocurrency, expected to be released in the first half 2019, will be a stablecoin pegged to a basket of several fiat currencies.
Another possible use of the blockchain tech Facebook might be looking at is definitely an built-in identity solution, mentioned by the CEO Mark Zuckerberg in a recently submitted video interview with Harvard Law professor Jonathan Zittrain.
“Basically, you period information, you store it on some decentralized system and you have the choice to login places without going through an intermediary, ” Zuckerberg said.
More signaling Facebook’s fascination with this technology, it has submitted more than 20 blockchain-related jobs this year.
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