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Fidelity The $7.8 Trillion Asset Gaint Is Looking For A Bitcoin Engineer- What Is The Big Plan?

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  • Fidelity is looking for a Bitcoin engineer and has big plans for the expansion of the company’s cryptocurrency mining operations.
  • Bitcoin engineer will join the Fidelity Center for Applied Technology (FCAT).
  • The company had announced that they were ready to provide institutional investment services for the crypto industry.

Fidelity, the financial services giant, is looking for a Bitcoin engineer and has big plans for expansion of the company’s cryptocurrency mining operations. It was found on a job listing platform that the new Bitcoin engineer will work for Fidelity.

Bitcoin engineer will join inside the Fidelity Center for Applied Technology (FCAT), the innovation arm of $7.8 trillion giant, that deals with exploring new blockchain technologies.

The new Bitcoin engineer will have to design, build and maintain the infrastructure in order to expand the cryptocurrency operations of Fidelity.

“We have a multi-disciplinary team of software engineers, researchers, designers, product managers, and security and compliance experts. We’re growing our team to accelerate the development of a new business opportunity that we’ve identified. The role will be part of our mining team and will be responsible for designing, building, and maintaining the infrastructure to run and scale our business.” Fidelity said in a statement.

The ideal candidate will be someone with experience in building databases and with an experience of at least three years in software development and information technology operations with a keen interest in Cryptocurrency mining and Bitcoin.

Fidelity has been mining Bitcoin (BTC) and Ethereum (ETH) since 2014. The CEO of the financial services giant, Abby Johnson, revealed that a firm that was mainly focused on brokering was profiting from its mining enterprise, in the Consensus conference in 2017.

Johnson said that the company’s mining operations were mainly to study the crypto market at that time, but now it doesn’t seem to be only for studying the market.

Bitcoin and other crypto mining have huge money in it, and that is something the CEO surely has thought of long ago. Just a year later, the company had announced that they were ready to provide institutional investment services for the crypto industry.

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