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You might see Microsoft using cryptocurrency as it has put a job post regarding the job role of crypto business director to support the company’s web 3 programs and future-ready
Blockchain tech innovation waves of web 3 and metaverse projects are attracting so many big companies and tech giants. Either the companies are developing to ride the crypto innovation waves by using web 3 and blockchain tech to make their services better.
Now the tech giant Microsoft Corporation is planning to dive into blockchain tech and people started assuming it might be in the future Microsoft using cryptocurrency or the development in tech will come as Microsoft crypto coin.
These were being said after the job posting by the company for the job role of Blockchain Business Development director. Company’s plan is to build the fundamental infrastructure for its web 3.0 in future.
Microsoft already is working on AI and other emerging technologies. It’s Planning that the team working for the project will work together with the team appointed for blockchain development. The job role of director will work for laying the foundation supporting the company’s web 3 strategies.
The company’s official website put the job post for director of blockchain business development on Monday.
Job post explained as: Work with engineering teams of the company to get an understanding if the company’s infrastructure and technology can be leveraged, built, or enhanced for technologies of upcoming times. The job role required the person to develop the vision, roadmap, and strategy for Microsoft’s partnership model regarding web 3 including APIs and other infrastructure.
ALSO READ – BLOCKCHAIN INFRASTRUCTURE METER FACED $4.4M CRYPTO THEFT
Recent acquisition and announcements of Microsoft
Microsoft Corp. is the second biggest company in the world by market capitalization which also announced the acquisition of a video game company Activision Blizzard in the previous month. The acquisition of Activision Blizzard was done by Microsoft when the share was at the rate of $95. The transaction will end in 2023.
Following the details, the calculated cost of transactions will equate to $68.7 billion. After the transaction and deal will close the company will become the third-largest gaming company in the world by revenue, following Sony and Tesla.
Nancy J. Allen is a crypto enthusiast, with a major in macroeconomics and minor in business statistics. She believes that cryptocurrencies inspire people to be their own banks, and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning. She frequently researches, and posts content on the top altcoins, their theoretical working principles and technical price predictions.
