Following the trend of crypto adoptions globally, the world’s tech giant Microsoft Corp. is now looking to hire a Director of Blockchain Business Development to build the fundamental infrastructure for its future web 3.0.
With the company’s team for Artificial Intelligence and Emerging technologies, the Job role will “lay the foundation to support and inform Microsoft’s Web 3.0 strategy.”, as per the Job post published on Microsoft’s official website on Monday, February 7.
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Expressing the responsibilities of the required employee post adds the need for a director who will navigate the executive team on the product roadmap and important technological decisions. Furthermore, the key roles include planning and implementing the Web 3.0 partnership model that involves API and infrastructure.
The Job post elaborates required director will:
Work with engineering teams across the company to understand when existing infrastructure can be leveraged, enhanced, or built. Develop the vision, strategy, and roadmap for Microsoft’s web 3.0 partnership model, including infrastructure and APIs.
Microsoft Corp.’s Acquisition of Activision Blizzard
Microsoft Corp., the world’s second-biggest company by market cap, also announced its acquisition of Activision Blizzard in January, coinciding with the Job post. The firm said it had bought Activision Blizzard at the rate of $95 per share in a transaction that will end up in fiscal 2023.
The total cost of the transactions is equated to $68.7 billion. And when the transactions close, it will make the company the third-largest gaming firm in the world by revenue, after Sony and Tesla.
Microsoft Corp. leaned toward gaming behemoth to enhance its reach in the virtual worlds as part of its transition toward Metaverse. Since Facebook founder Mark Zuckerberg changed the name of its platform to Metaverse, Microsoft Corp.’s move into Metaverse is not a new thing.
The new generation steeped into gaming with three billion active users daily has made gaming rapidly increasing and the largest sector of joy and entertainment.
Satya Nadella, CEO at Microsoft Inc., affirmed in the announcement that:
Gaming is the most dynamic and exciting category in entertainment across all platforms today and will play a key role in the development of metaverse platforms. We’re investing deeply in world-class content, community, and the cloud to usher in a new era of gaming that puts players and creators first and makes gaming safe, inclusive, and accessible to all.
Microsoft Corp.’s most recent job post highlighting roadmaps shows the company strives for future Web 3.0 strategies and its plans to drive a long-term value.
Understanding of technology, experience in cryptography alongside the knowledge of Web 3.0, non-fungible tokens (NFTs), and decentralized finance (DeFi) are requirements of the Job.