The Federal Reserve Bank of San Francisco is hiring a crypto architect for a central bank digital currency (CBDC) project.
The architect will focus on CBDC research and development, including distributed systems, cryptographic protocols, and security. The full-time hybrid position offers a salary range of $134,900 to $215,400 and has been open for over 30 days.
The Federal Reserve Bank of San Francisco stated, “We are looking for a Lead Application Developer to implement example systems related to a CBDC. You will engage directly with management, other developers on the team, development operations teams, and vendors to ensure the Federal Reserve is well-positioned to design, develop, and implement technology to support a CBDC as may be required by the Board of Governors.”
Previously, on February 18, the San Francisco Fed opened three job posts recruiting Software Developers for CBDC, including a Senior Application Developer, Lead Application Developer, and Senior Application Architect for centralized digital currency.
The possibility of a digital U.S. dollar has sparked debate, with some viewing it as a promising use of blockchain technology, while others express concerns about privacy and government control.
As of now, the Federal Reserve Board of Governors has not yet decided on issuing a CBDC, but the San Francisco Fed remains actively involved in exploring the possibilities.