Sectors like healthcare and supply chain management can capitalize on this type of technology. Of course, its efficiency, security, and immutability do have a strong allure for the economic sector. According to Irish Tech News, Mastercard hopes to incorporate these benefits into the corporation.
Mastercard Needs BlockChain Specialinsts
Ireland is the home of the company’s Mastercard Lab, a section aimed at developing revolutionary payment solutions. The corporation will be hiring 170 more staff members for their Dublin office to develop the best in payment innovations. They’ll be filling roles such as software engineers and information security specialists. Most notably, they will also be hiring blockchain experts.
The country’s Minister for Business, Enterprise, and Innovation, Heather Humphreys TD, shared her excitement at the news, saying:
Mastercard’s decision to expand here is an important landmark. I warmly welcome the new jobs that are coming with the announcement. The Government has been working hard to ensure that we have the right conditions in place to attract the knowledge-based sectors to Ireland, in particular a skilled workforce that can fill the needs of companies like Mastercard. Ireland is now a very attractive location for international FinTech and payment companies from all over the world and announcements like this one today illustrate that our policies are continuing to deliver tangible results.”
Ken Moore, who is the executive vice president and head of Mastercard Labs, chatted about how the capital city is the ideal space to encourage inspirational ideas and solutions, offering:
Ireland is the heart of our global innovation efforts. The vibrant culture we have here makes it the perfect place to recruit for these highly-skilled roles. We need great minds who can look outside of Mastercard’s traditional payments expertise and create solutions to benefit our customers around the world, and I’m excited to grow our business here.
By the way, It was recently reported that Ireland and 21 other European Union (EU) countries have entered into a collaboration to drive blockchain development and adoption in the EU.
Finaly do you think more centralized corporations will work on introducing decentralized blockchain technology into their businesses? Let us know in the comments below!Follow us!