• Here’s Why Square Is Looking for a Senior Hardware Wallet Engineer

  • Sqaure Inc, led by Jack Dorsey, is expanding its efforts two months after announcing plans to bring a Bitcoin hardware wallet to market. Dorsey recently tweeted that his company is looking to hire a hardware wallet engineer to assist in the development of a non-custodial crypto wallet.

    The development will be completely open-source, and all details will be made public. As a result, if you’re the right fit for the job, you can join Square’s team.

    Sqaure Inc has explicitly stated its job requirements in its job listing. According to the job description:

    We’re developing a hardware wallet for the next 100 million bitcoin users. Our goal is economic empowerment, which begins with bringing simple, dependable self-custody to a global audience.

    We are assembling a team with extensive experience in a wide range of disciplines, including business, operations, design, software, hardware, security, and numerous other aspects of product delivery. Come help us shape the future of crypto-enabling hardware!

    The Square Crypto Initiative

    Because Jack Dorsey is a staunch supporter of Bitcoin and crypto technology, his company has launched several key initiatives in the crypto space. Recently, the company reported a 3x increase in Q2 2021, with Bitcoin revenue reaching $2.72 billion.

    Over the last year, the company has invested more than $220 million in Bitcoin. The company stated in its report that “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 higher than the carrying value of the investment.”

    Last month, Square CEO Jack Dorsey announced plans to build a DeFi ecosystem on top of the Bitcoin blockchain network. Dorsey stated that Square will be creating “easy to create non-custodial, permissionless, and decentralized financial services.”

    Square also acquired Australia-based fintech company Afterpay for a massive $29 billion in cash and stock earlier this week.

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