Ripple’s new job listing reveals that the company is seeking the services of a new senior director. Specifically, Ripple indicated that the potential director will be responsible for negotiating the CBDC initiatives on the XRP Ledger.
“Ripple is looking for a director, a proven leader. Especially to direct our strategy, partnerships and projects with central banks around the world.
Role of the new Ripple director
Specifically, Ripple outlined the role of the ideal potential manager in the task. Based on the description, it indicates that the director will be responsible for defining and leading Ripple’s strategy with central banks.
Also, they will educate central banks around the world about the initiative. In addition, they will guarantee collaborations with central banks to build and implement projects.
According to the work list, the new director will develop strategies for the integration of the company’s products with the CBDC market. Also, you need to convince central banks of the different ways you can integrate the XRP Ledger with CBDCs.
Similarly, the position requires someone who has more than 10 years of experience in account management and sales of technology to central banks or large financial institutions.
Thus, the new director must be a central bank digital currency expert (CBDC).
The truth is that the key to success will be close collaboration and coordination with other Ripple teams, from product to engineering, legal relationships, marketing and communications.
Some responsibilities of the new director
- Develop a strategy for central bank commitments.
- Own alliances with central banks in CBDC projects.
- Manage CBDC projects against a schedule.
- Develop strong relationships with central bankers.
- Act as spokesperson and thought leader in the CBDC.
- Lead Ripple’s participation in prominent and influential industry groups at CBDC.
- More than 10 years of experience, in business technology sales or account management.
- Expert in quickly learning and developing a strong command of complex new products.
- Relationship building skills.
- Strong verbal and written communication skills.
Essentially, the company hopes to build relationships with governments to educate central bankers from different countries to develop the CBDC. All this, at a time when several countries are considering how to create their own cryptocurrency.
In August, Emi Yoshikawa, Ripple’s senior director of global operations, stated that XRP will not compete with CBDCs, but rather will be quite complementary.
In September 2020, Ripple made a CBDC-related post, promoting the RippleNet payments network. As a necessary tool to enable interoperability between the central bank’s global digital currency initiatives.
Obviously, Ripple is still in contact with some global central banks. Proof of this was the meeting he held with the Brazilian central bank in May 2020. Precisely, to discuss institutional matters.
In closing, Ripple always stays ahead of the game and looks for ways to help implement new ways for money to reach everyone.
I say goodbye with this phrase from Jesse Livermore: «There is only one side of the market, and it is not the bullish side or the bearish side, but the correct side«.