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Spotify Looks Towards Blockchain – The Company Is Looking for an Associate Director with Experience in Digital Assets

By December 9, 2020 No Comments

Key highlights:

  • Spotify is looking to hire an associate director for its payment strategy team
  • The candidate will be responsible for managing opportunities regarding crypto, blockchain, and stablecoins
  • The candidate will also be engaging with Diem (formerly known as Libra)

Spotify is looking for an associate director with extensive experience in blockchain and digital assets

Spotify is the world’s most popular audio streaming platform. The Swedish company started its services in October 2008, and is headquartered in Stockholm. Users can play music on this platform for free, but they can also upgrade their positions in Spotify through a Premium plan. 

Now, Spotify is looking to reap the benefits of blockchain technology, to help the company stay up to date with the latest innovations in the payments sector.

Recently, Spotify announced the company is looking for an associate director in its payment strategy team. The candidate will be in charge of defining Spotify’s universal payment strategy, and the mentioned candidate should also engage with Libra, which has now been rebranded to Diem. 

According to the announcement, the candidate should also manage creative and new opportunities regarding blockchain, crypto, stablecoins, and similar areas. The entity that gets this role is responsible for Spotify’s stance regarding payment strategies and innovation in the area. Spotify had first dipped its toes into the blockchain space in 2017 when it acquired Mediachain Labs. 

Spotify’s payment team is responsible for growth and innovation, and the new associate director should stay on top of the trends and regulations around the world and plan according to them. In order to fill the role successfully, the candidate will need extensive expertise regarding international payments and regulations. 

The associate director should report to the director about strategies and innovations in the field of payments. The candidate should know crypto and blockchain technology well, and a tremendous amount of relevant experience is necessary for performing this role. The associate director should redefine and implement strategies for this department at Spotify. 

Spotify says that the candidate who assumes this role has to evaluate global payments prospects and consider Spotify’s future developments. The candidate should manage Spotify’s engagement with the Diem project regularly, and also hunt for new opportunities in the nascent ecosystem of blockchain, crypto, and stablecoins.