Jack Dorsey in a Twitter post stated Square has a vacancy for a hardware wallet engineer to assist in the development of a non-custodial crypto wallet.
Sqaure Inc, founded by Jack Dorsey, is expanding its plans to bring a Bitcoin hardware wallet to market two months after unveiling them.
Dorsey recently tweeted that his company is looking for a hardware wallet engineer to assist in the development of a non-custodial crypto wallet.
Sqaure Inc has stated clearly in their job posting what qualifications are required for the position. The following is an excerpt from the job description:
We’re making a hardware wallet for the next 100M bitcoin users. Our goal is economic empowerment — starting with bringing easy-to-use, reliable self-custody to a global audience.
We’re assembling a team deeply experienced in an extremely wide range of disciplines, including business, operations, design, software, hardware, security, and so many other aspects of product delivery. Come build the future of crypto-enabling hardware with us!
Because Jack Dorsey is a strong advocate of Bitcoin and crypto technology, his company has launched a number of major projects in this area. The company just reported a 3x increase in Q2 2021, with Bitcoin revenue reaching $2.72 billion.
Over the previous year, the business has invested more than $220 million in Bitcoin. “As of June 30, 2021, the fair value of our investment in bitcoin was $281 million based on observable market prices, which is $127 million more than the carrying amount of the investment,” the company stated in its report.
Last month, Square CEO Jack Dorsey revealed that the company would establish a DeFi ecosystem on top of the Bitcoin blockchain network. According to Dorsey, Square will be creating “simple to establish non-custodial, permissionless, and decentralized financial services.”
Square also bought Afterpay, an Australian fintech business, for $29 billion in cash and equity earlier this week.