Facebook Seeks To Hire Senior Lawyer With Blockchain Experience
Social media giant looking for “lead commercial counsel” to help expand its blockchain-related initiatives and partnerships.
Facebook’s foray into the cryptocurrency and blockchain space continues with the company’s latest recruitment drive for a senior lawyer with experience in both blockchain and payments.
As per a job posting on the company’s website, Facebook is looking to hire a “Lead Commercial Counsel, Blockchain”, who will be responsible for supporting Facebook’s “new initiative in the development of blockchain applications”.
“You will be responsible for drafting and negotiating a wide variety of contracts related our blockchain initiatives, including partnerships needed to launch new products and expand such products internationally.
You will also advise clients on the various legal risks, business strategies and other issues related to commercial transactions and general operations”, the job posting outlines.
Among the minimum qualifications listed, the ideal candidate is required to have “experience with blockchain or payments technology and with the legal issues arising from blockchain applications and/or payments systems”, along with a J.D. degree and membership in at least one U.S. state bar. A “strong interest in mobile and alternative payments”, meanwhile, will be preferred.
This job posting comes after Facebook aroused interest late last month with reports of secret preparations for a digital coin (dubbed ‘Facebook Coin’) to be used on the WhatsApp network (initial reports of this possible development surfaced last year). However, the actual uses for this coin are yet to be established, with many remaining skeptical (particularly after Facebook’s recent data privacy scandals).
In addition, reports last month also suggested that Facebook had acquired a blockchain startup, the UK-based Chainspace (although a Facebook rep later clarified that the company had only hired researchers from the startup, and not any tech). The social media giant’s hiring spree for a newly-established blockchain team was also reported last month.