Led by India's Central Bank - RBI, NPCI had posted a job on LinkedIn that confirmed NPCI’s ongoing drive to hire a head of Blockchain in Mumbai/Hyderabad as mentioned locations
This also hints that NPCI is looking to include blockchain technology in one or more of its products that include UPI, RuPay, BharatQR, Digital Rupee (e₹) or e-Rupee and Bharat Bill Payment System, among others. Introducing blockchain into UPI's framework would potentially introduce the technology to a massive user-base, that UPI has, almost immediately.
According to the job posted by NPCI, the profile is for Mumbai & Hyderabad locations and requires candidate "to liaisen with internal and external stakeholders to understand business processes and identify avenues wherever blockchain-driven solutions can be used. Conduct POC for the identified process area, in collaboration with various teams, to establish feasibility and proposed efficiency/ cost/ security improvements" said the job posted."
The ideal candidate will be a seasoned technologist with at least six years of experience in developing and implementing blockchain and demonstrable experience of working on at least 2 pilot blockchain projects.
NPCI requires the candidate to "Own the entire implementation lifecycle and ensure support to the respective functions, after implementation, upto stabilization of change. Must have undertaken blockchain-related interventions at a financial services organization."
Besides being a revolutionary system in home-country, UPI has also caught the attention of various other countries. Financial institutions in Singapore, Malaysia, the UAE, France, Benelux nations, Nepal, and the United Kingdom have adopted and implemented UPI to different extents.
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