Microsoft does not want to lag behind the latest technology trends and is quietly developing a Web3 strategy.
Although there have been no official announcements, a number of recent moves suggest thatMicrosoft is betting on several of the burgeoning trends in the crypto space.
The multinational technology company appears to be developing its own Web3 strategy, a term that refers to an evolved version of the Internet, which would be decentralized decentralization refers to the property of a system in which nodes or actors work in concert in a distributed fashion to achieve a common goal. and driven by Blockchain a distributed ledger system. A sequence of blocks, or units of digital information, stored consecutively in a public database. The basis for cryptocurrencies. and cryptocurrencies. A recruitment advertising deMicrosoft suggests that the company could be taking steps in this direction.
The company announced on Monday that it is looking to hire a Director of Cryptocurrency Business Development, as reported by Finbold . The person must have “ understanding of the Web 3.0 market an area or arena, online or offline, in which commercial dealings are conducted. “, reads the recruitment notice for full-time staff dated 7 February.
Vacancy for Web3 Strategy Leader
The release suggests that the director will be part of the artificial intelligence (AI) and emerging technologies business development team atMicrosoftwhich is responsible for the inorganic growth of the company’s products and services in these key areas.
Part of the new director’s role will be to “ laying the groundwork to support the opposite of Resistance, it is a threshold that crypto’s price doesn’t fall below. and inform Microsoft’s Web 3.0 strategy “ according to the publication. The ad highlights that the person must possess qualities to guide and lead staff and points out some of the tasks:
Work with engineering teams across the enterprise to understand when existing infrastructure can be leveraged, enhanced, or built upon. Develop the vision, strategy, and roadmap a roadmap is a high-level visual summary that helps map out the vision as well as the direction of a specific product. for Microsoft’s Web 3.0 partnership model, including infrastructure and APIs.
Qualifications for the position include a master’s degree or advanced degree in business, science or a related field, as well as 10 years or more of work experience in the field. For example, having worked in investment banking, consulting, finance, marketing corporate strategy, sales, venture capital, business development, corporate strategy, sales, venture capital, business development software among others.
The publication also emphasizes that the new director must have experience with digital digital technologies are these electronic tools that have the ability to generate, store or even process data. currencies and their underlying technology and knowledge of the different trends surrounding the ecosystem. A section specifying the minimum qualifications for the position reads:
1+ years of cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. experience, with knowledge of technology and protocols related to DeFi a movement encouraging alternatives to traditional, centralized forms of financial services. (decentralized finance), NFT non-fungible tokens (NFTs) are cryptocurrencies that do not possess the property of fungibility. (non fungible in cryptocurrency, fungibility is when a coin or token can be replaced by any other identical coin or token. tokens), DAO decentralized autonomous organization, system of rules that define how a decentralized organization should operate and which actions it should take. (decentralized autonomous organization) and Web 3.0.
Microsoft keeps a close refers to the closing price; similar to the same term used in stock trading. eye on the crypto space
The recruitment publication ofMicrosoft comes shortly after the company’s announcement of the acquisition of the video game developer, Activision Blizzard . The action has been interpreted as the first steps of theMicrosoft towards the metaverse, another concept that has generated great interest among technology companies.
The social media giant Facebook was renamed last year to Meta as part of an effort to shift its business focus to the metaverse. Since then, other companies in the field such as Apple , Samsung y Nvidia have begun to promote strategies to position themselves within the burgeoning sector; a market that is Morgan Stanley ya anticipa will exceed USD $8 billion in a few years.
The job advertisement ofMicrosoft for a director with knowledge of cryptocurrencies suggests that the company is keeping a close eye on developments in the crypto ecosystem. Recent announcements from other tech moguls seem to hint at growing competition within the crypto arena. Just a few days ago, Alphabet matrix of Google said that ” definitively “has Blockchain in the spotlight .
- Sequoia bets on Web3: Leads $450 million investment round at Polygon
- Jack Dorsey and Elon Musk spark contentious Web3 dispute on Twitter
- Amazon job opening indicates the company may be working on a digital currency currency is a medium of exchange that defines value.
Article by Hannah Estefania Perez / DiarioBitcoin
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