Facebook Seeks Advocate to Forge Blockchain Partnerships for New Products



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Facebook's blockchain recruitment campaign continues as the social network seeks to engage a leading business advisor for its technology initiatives.

A new job posting on the company's career page indicates that the position will be responsible for "writing and negotiating a wide variety of contracts related to our blockchain initiatives, including the necessary partnerships." to launch new products and expand these products internationally ".

Another part of the job is advising clients on legal risks, business strategies and other business issues. The commercial lawyer will also structure Facebook's relationships with key partners and the commercial aspects of products and programs.

The candidate must be able to "handle many transactions" and have a recognized qualification as a lawyer: a doctoral degree and a membership in at least one US state bar are essential.

But the position also requires serious technical expertise: "5 years and more of legal experience, including 4 years and more experience in the field of technology transactions", especially with blockchain technology or payments and related legal issues. "Significant interest in mobile and alternative payments" is preferred.

Facebook's ambitions for blockchain-enabled payments have been known for a few months: An article published in February by the New York Times revealed that the social media giant was working on a symbol for payments on the company's media platforms , including WhatsApp and Instagram.

According to NYT sources, the cryptocurrency, expected to be released in the first half of 2019, will be a stable euro linked to a basket of several fiduciary currencies.

Another possible use of blockchain technology that Facebook might consider is an integrated identity solution, mentioned by CEO Mark Zuckerberg in a recently published video interview with Jonathan Zittrain, a law professor at Harvard Law.

"Basically, you take your information, you store it on a decentralized system and you have the choice to connect to places without going through an intermediary," Zuckerberg said.

As another sign of Facebook's interest in this technology, the company has released more than 20 blockchain-related jobs this year.

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