Intel looking for Cryptographic Researcher

Intel, a California-based semiconductor manufacturer, seems to be interested in the cryptocurrency space, following a bitcoin-related job posting.

It is looking for a cryptographic researcher for its Special Innovation Projects Group, a part of Intel Labs, its in-house research organisation.

An advertisement posted on job site Indeed said the chosen candidate will be required to "investigate hardware and software capabilities that advance the performance, robustness, and scalability of open, decentralised ledgers". It added, "Working with a team of distributed systems, operating systems and security technologists you [the candidate] will focus on development of cutting-edge, cryptographic algorithms for improving [...] transaction verification within an open, decentralised ledger".

While Intel is the latest multinational to have dipped its toe in the bitcoin space, it's not the first. Reportedly, IBM has been developing a digital cash and payment system for traditional currencies that uses blockchain technologies.