MIT Digital Currency Initiative hiring a software engineer to build on the Fed’s CBDC project..

I had blogged on how Boston Fed and MIT’s Digital Currency Initiative are working on the Fed’s CBDC project.

Guess who is MIT’s DCI recruiting for  building the CBDC? Software engineers!

The MIT Digital Currency Initiative is looking for a software engineer (remote-friendly) to help build the future of money. Our existing financial system is slow, expensive, and deeply unfair. We need a new financial system that serves everyone instead of just wealthy institutions, and digital cash could be its base layer. This new role will work with research scientists and developers at the DCI to design and implement open source software for a retail central bank digital currency, collaborating closely with a team at the Federal Reserve Bank of Boston.

Working at MIT, this is a chance to help build the money of the future. We’re looking for a software engineer who can work with students, developers, and researchers to bring cash into the internet era.

You should have:

    • Systems or security programming experience (preferably C/C++, Go, or Rust)

    • Passion for designing the next iteration of digital money

    • Interest in collaborating with students and researchers

    • A strong desire to contribute to open source software projects

    • Ability and interest in communicating with non-technical stakeholders

    • Desire to work independently and drive process, like creating a plan to distill requirements in order to implement and evaluate systems with different trade-offs

    • Willingness to help create an inclusive environment for people of all backgrounds

Responsibilities:

    • In collaboration with others at the DCI and the team at the Federal Reserve Bank of Boston, work as part of a team to architect and design a secure, high-throughput, resilient digital cash transaction system

    • Lead technical implementation of such a system

    • Operate effectively in an independent environment where requirements are not necessarily well-specified

    • Contribute to creating an inclusive environment where people of all races, genders, ages, and other backgrounds are empowered to do their best work and receive recognition for it.

How technologists are taking up the space of money and banking..

Neha Narula who is a Director at MIT DCI in this article explains the project:

 

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