Bank of England Launches Search for Blockchain-Savvy Interns

The Bank of England has launched a blockchain challenge, offering the winning students the possibility of a six-week paid internship.

AccessTimeIconNov 25, 2015 at 5:55 p.m. UTC
Updated Sep 11, 2021 at 12:00 p.m. UTC
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The Bank of England (BOE) has launched a search for blockchain-savvy interns, offering the winning students the possibility of a six-week paid internship and the chance of landing a role within the organisation.

According to its website, applicants are encouraged to pitch an idea for a blockchain-based product that would contribute a positive change to UK society by 7th December.

The website reads:

"The point is that while the [blockchain] technology might include some risks, there are all sorts of far-sighted, game-chancing, life-enhancing ideas to pursue. We want to hear about yours."

Students are encouraged to either enter individually or create a team of up to six people. The team, the website adds, can consist of first-, second-, third- and fourth-year students. All other entry requirements can be found here.

The winning team will also get an exclusive invitation to visit the Bank of England and meet some of its key figures working on the Projects, Data and Technology team.

The news comes after the BOE – the country's central bank – published a report earlier this year, which noted that a combination of digital currencies and mobile technology could reshape the payments landscape.

Bank of England image via Shutterstock

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