The Bank of England has recently listed seven job positions for its proposed Central Bank Digital Currency (CBDC). While the BoE admitted that it is not fully certain of the CBDC project yet, has opened room for recruiting individuals and groups to promote the project.
The list of roles required to be filled as stated by the BoE ranges from Solution Architect to Senior Manager. At the moment, just seven roles need to be filled to take the project to the next level. Members of the crypto ecosystem may see this as a positive step in the right direction.
The Job Positions to be Filled
The job listings were posted on the BoE official website. The positions to be filled include a stakeholder analyst, CBDC policy analyst, technology analyst, project analyst, solution architect, senior enterprise architect, and senior manager. It is expected that more roles will need to be filled up as the project progresses.
The job posting mentioned a number of specifics on the job. The posting also highlighted key features and requirements that the Bank of England’s recruitment team will focus on in recruiting these candidates.
The Bank of England’s Progress on CBDCs
The Bank of England also made it known that a firm decision regarding the implementation of a national digital asset has not been made yet. In the meantime, it is still exploring the need for a CBDC in England. According to the statement on its website, the issue of implementing digital currency is a vital topic for the Bank to understand.
The Bank of England and Her Majesty’s Treasury (HMT) have reportedly been actively rubbing minds together on CBDC-related research. At the moment, the Bank of England is in the stage of exploration.
Many other countries have also been exploring the possibility of introducing this national currency. Countries like China and Cambodia have advanced rapidly in their projects. It is expected that in the coming months, these countries will be ready to launch the digital yuan and the digital bakong respectively.