Economists are worth their weight in gold. Now the Bank of Canada is seeking a good candidate. In today’s world, the right individual has knowledge of digital currencies and financial technologies.
Why the search? The Bank of Canada seeks to find ways that a central bank digital currency (CBDC) could work with minimal risks.
The job posting states that the economist will monitor and analyze developments in electronic money and payments, including CBDCs, cryptocurrencies, stablecoins, crypto exchanges and others.
Additional qualifications are a working knowledge of bitcoin, ethereum and other major cryptocurrency platforms. It doesn’t hurt to be an expert in traditional payments systems like card networks, merchant acquirers, point of sale technologies.
A CBDC will come with certain risks per bank officials, but the need is growing as a result of the pandemic.