This article is from cointelegraph.com.br and the original article can be read here in Portuguese
In the wake of the increase in inflation and the tightening of monetary policies by central banks around the world as a way of containing the rise in prices, although the world has not gone through a recent economic overheating, from the Covid-19 pandemic to the war between Russia and Ukraine, the month of April experienced a slowdown in most investments. This was reflected in drop in the installation of cryptocurrency ATMs. But the effect seems to be far from influencing the enthusiasm of this sector, which sees in the cryptocurrencies a new payment option, which can even expand the exchange rate for international travel. So much so that, at the end of April, the sector accounted for almost 37,000 equipment installed around the world, which represented a growth of 390% compared to the same period in 2020.
Although Brazil is in its infancy in terms of the number of crypto ATMs, with 24 machines across the country, the availability of payment applications also stands out when it comes to the growing acceptance of settlements via crypto in the country, where more than 900 companies already accept this form of payment. Which possibly wouldn’t happen if the cryptocurrency market didn’t show resilience, despite the industry also experiencing the effects of geopolitics on the market. In this context, e-commerce also demonstrates an appetite through the opening of new jobs.
Mercado Livre/Mercado Pago
Mercado Livre, the largest company in Latin America, and its payments arm, Mercado Pago, are expected to open more than 4,000 jobs in Brazil in 2022, according to an announcement made this week. In total, the company is expected to increase its workforce by more than 30%, which represents about 14,000 new professionals hired, spread across six Latin American countries.
At the end of last year, Mercado Pago has incorporated Bitcoin (BTC) into its payment system and in March of this year the platform launched a campaign to celebrate the brand of one million active cryptocurrency users.
Job vacancies, however, unfold in several areas beyond technology and finance, such as logistics, for example. So much so that, on the morning of this Friday (6), the Mercado Livre Brazil jobs link had 185 vacancies available, among them several roles of analysts, supervisors, managers, leaders, coordinators, in various locations in Brazil.
Itau
Itaú signals the incorporation of cryptocurrencies as a form of payments, despite arguing that the format is currently a part of studies by the financial institution, which announced on its page on LinkedIn page a vacancy for product manager (cryptocurrencies) to work in a hybrid format in the implementation of projects in the payments area. As prerequisites, the bank listed: experience in the topic of cryptocurrencies; prospecting potential partners and suppliers in the crypto and payments world; market research; project management; agile methodology; willingness to work with emerging technologies such as DLT, DeFi, NFTs; analytical, critical and problem-solving skills; sense of criticality, prioritization and urgency; having a good strategic, risk and process vision; organization and resilience in conducting multiple work fronts.
Itaú also anticipated the following benefits: transportation vouchers; meal vouchers (restaurants) / food vouchers (supermarkets); medical and dental insurance; life insurance; PLR (through the bank’s results); private pension; exclusive discounts on the bank’s financial products; extended maternity leave; daycare / babysitting assistance (for dads and moms); incentive to studies; Gym Pass (or Bio Ritmo in some areas); access to Itaú Clubs (Guarapiranga / Itanhaém and São Sebastião), among other advantages. Itaú also announced other vacancies, among them for digital products analyst and fraud prevention analyst (full).
Coinbase
Cryptocurrency exchange Coinbase announced on LinkedIn an opportunity for a Business Development and Payments Manager for remote work with the responsibilities including: development and prioritization of banks and payment service providers in specific markets in the region to support the product organization with the necessary resources; establishing business relationships with partners within the timeframes necessary to support the product roadmap; managing partnerships with operational cadence – metrics and qualitative feedback – to ensure an effective working relationship that allows for ongoing operations and service expansion; pursuit of regional expansion opportunities through partnerships in support of our corporate ambitions; work with product, compliance, legal, finance and others to coordinate the initial and ongoing partnership effort.
From the candidates, the broker asked: passion and knowledge of payments and payment systems in the country and widely in its region; experience in sourcing and structuring complex partnerships that require cross-functional teamwork within an organization; networking in the financial services industry in your home market; motivation and results orientation, excellent verbal and written communication skills in English and your native language, minimum of ten years of experience. Among other opportunities, Coinbase also announced vacancies for Senior Personnel Engineer, Senior Program Manager and Executive Assistant.
In addition to new job opportunities, cryptocurrencies also seem to carry the flag of hope regarding wealth distribution. At least, that’s what some crypto enthusiasts say about the possible UK industry regulation, as reported by the Cointelegraph Brazil.