Research Engineer, MachineFi
Blockchain
Decentralised IoT infrastructure
Job no longer available
Decentralised IoT infrastructure
1-20 employees
Job no longer available
1-20 employees
Company mission
To realise the vision that devices are owned by the people and serve the people.
Role
Who you are
- A Master’s or Doctorate in computer science or a related field, or relevant experience in research and development
- Track record of research publications in blockchain-related topics
- Experience working on distributed platforms and blockchain technologies
- Proficient in at least one or more programming languages, e.g., C/C++, Go, Rust, Java, JavaScript
- Strong communication, writing, and presentation skills and outstanding ability to influence and develop relationships with key business partners
- Fast learner of new blockchain technologies
What the job involves
- Conduct research in multiple blockchain-related areas, including, but not limited to, applied cryptography, distributed systems, peer-to-peer networks, consensus algorithms, smart contracts, decentralized identifiers, and blockchain oracles
- Research and contact Layer 1 protocols that are candidates for decentralization and distribution
- Write technical reports and/or research articles when possible and present research findings at industry or academic events
- Build prototypes and early products by collaborating with business partners and engineers
- Collaborate with the product team to convert PoCs or MVPs into production-ready systems
- Engage and participate in activities in industry consortiums and standardization bodies
- Collaborate with researchers and engineers both within and outside of IoTeX to work towards building cutting-edge blockchain solutions
Our take
Advancements in data connectivity, robotics, AI and virtual reality have led to major changes to the world of work, with driverless cars able to autonomously carry passengers, security systems that can identify people in a crowd by sight and surgeons and skilled technicians able to carry out tasks at any distance. Deloitte estimates that 30% of the world's workforce will be replaced by machines in the next 20 years, which leads to the question - who owns these machines, their data, and their share of the emerging $12.6 trillion machine economy?
MachineFi Lab is an attempt to answer this question with "the people". By leveraging blockchain technology and applying it to the Internet of Things (IoT) space, it is creating an infrastructure suite which allows users to create apps and deploy devices on a decentralised machine network. By incentivising individuals and businesses to participate it provides a more efficient movement of data by bypassing centralised data stores and offers an extra layer of security to users, who remain in control of their information.
MachineFi's solution is already being used in some applications, for instance, some cameras as well as Pebble's supply chain management solution. It has attracted funding for its vision in a Series A funding round led by Samsung Next, which will be used to develop its platform and expand into new verticals, for instance in geolocation services. As IoT becomes an ever more present feature of life, infrastructural projects such as MachineFi may well prove key in helping to drive adoption and avoid some of the worst effects of centralised control of the industry.
Steph
Company Specialist at Welcome to the Jungle
Company
Funding (1 round)
Jun 2022
$10m
SEED
Total funding: $10m
Company HQ
Downtown Los Angeles, Los Angeles, CA
Leadership
Raullen Chai
(Co-Founder & CEO)Is the co-founder of MachineFi Lab and IoTeX. Previously a Senior Software Engineer/Tech Lead at Google.
Jing Sun
(Co-Founder)Also a Founding Member and Head of Investment & Ecosystem at IoTeX, and a Managing Partner at Sparkland Capital.
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