Fb’s WhatsApp is trying to rent a blockchain regulation skilled in Sub-Saharan Africa.

The messaging app supplier lately posted a job opening for a public coverage supervisor who would “work intently with Fb’s Africa Public Coverage staff to make sure blockchain applied sciences and digital funds can play their half in enhancing Africa’s socio-economic growth.”

The job itemizing doesn’t point out Libra, Fb’s controversial cryptocurrency venture, and it isn’t clear how concerned the rent can be in that initiative. Nor does it point out Calibra, the Fb subsidiary growing a pockets for the foreign money.

Nevertheless, Libra’s said objectives embody bringing monetary companies to underserved folks within the growing world, and extra particularly, enabling cash transfers over WhatsApp.

WhatsApp declined to remark.

The place can be in London or Johannesburg with important journey time and calls for somebody with experience in blockchain, digital identification and cryptocurrency.

Fertile floor

Acquired by Fb in 2014, WhatsApp is probably the most fashionable messaging app in Africa. Cellular cash accounts now surpass financial institution accounts within the Sub-Saharan area, and it’s the one area on the earth the place almost 10 p.c of GDP in transactions happens by way of cell cash, in accordance with the Worldwide Financial Fund.

Fb has mentioned it goals to launch Libra within the first half of 2020 however vowed to not till it satisfies issues expressed by regulators worldwide over the cryptocurrency’s potential impression on the whole lot from privateness to monetary stability.

Calibra can also be constructing out a compliance staff together with a sanctions lead, head of compliance and head of fraud.

All instructed, Fb is trying to fill 50 blockchain-related positions, together with a public coverage supervisor for Europe, the Center East and Africa, in accordance with its careers web page.

WhatsApp picture through Shutterstock

Supply hyperlink