Simplify Logo

Internship

Cryptography Research Engineer Intern

Fall/Winter 2024

Confirmed live in the last 24 hours

Ripple

Ripple

1,001-5,000 employees

Blockchain-based financial transaction solutions provider

Fintech
Financial Services

Compensation Overview

$37 - $42Hourly

San Francisco, CA, USA

Category
Algorithm Development
Quantitative Research
Quantitative Finance
Required Skills
Python
Data Structures & Algorithms
Requirements
  • Strong familiarity of the latest blockchain cryptography and security
  • Deep understanding of elliptic curve and pairing based cryptography, Multi-party computation and threshold cryptography
  • Familiarity with privacy enhancing technologies such as Homomorphic encryption, differential privacy, federated learning and zero-knowledge primitive
  • Skilled in Python, C/C++, Rust or Go and familiarity with cryptographic libraries
  • A passion for and knowledge of decentralized technologies
  • An open-minded research approach and genuine intellectual curiosity with a mindset of continuous learning
  • Strong communicator, well versed in communicating to varied audiences
  • Attention to detail and a commitment to excellence
  • Currently enrolled in PhD program (Cryptography, Computer Security, Computer Science, Mathematics).
Responsibilities
  • Explore the next generation of cryptographic algorithms and protocols to support the latest advancements required to further the state-of-art of XRPL and more broadly the crypto ecosystem
  • Collaborate with engineers and product teams to drive critical projects into a tangible roadmap
  • Design and write technical specifications and academic papers for innovative projects and independently develop proof of concepts to validate your research
  • Closely collaborate with the engineering team and be responsible for the implementation of your research
  • Provide review and guidance to the leadership to ensure business and strategic alignment
  • Set milestones for timely and on-budget completion of high-quality work
  • Be a representative of Ripple research in the community via active participation in standards bodies, academic conferences, social media, organizing and participating in workshops, hackathons, etc.
  • Work with the teams across the broader organization, including engineering, product, legal, compliance, finance, and business development to think beyond the technical design in delivering the best experience for our developers’ community

Ripple provides financial services using blockchain technology and cryptocurrency to enhance transaction efficiency. Its platform allows clients, including financial institutions and governments, to conduct real-time settlements, manage liquidity, and access working capital, making transactions faster and more cost-effective. A key feature of Ripple is its ability to support Central Bank Digital Currencies (CBDCs), which are secure digital versions of national currencies, exemplified by its partnership with Palau. Unlike traditional financial services, Ripple's solutions are designed to lower costs and improve cash flow for its users. The company's goal is to transform financial transactions by offering scalable and sustainable solutions that meet the needs of modern financial systems.

Company Stage

Later Stage VC

Total Funding

$319.4M

Headquarters

San Francisco, California

Founded

2012

Growth & Insights
Headcount

6 month growth

3%

1 year growth

17%

2 year growth

34%
Simplify Jobs

Simplify's Take

What believers are saying

  • Ripple's partnerships with major banks and financial institutions, such as Santander and Commonwealth Bank of Australia, highlight its strong market position and potential for growth.
  • The company's innovative CBDC platform positions it as a leader in digital currency solutions for governments, offering significant growth opportunities.
  • Ripple's ability to provide real-time settlement and liquidity management can lead to improved cash flow and cost savings for its clients.

What critics are saying

  • Ongoing litigation with the SEC creates regulatory uncertainty and potential financial liabilities for Ripple.
  • The competitive landscape in the fintech and blockchain sectors is intense, with numerous players vying for market share.

What makes Ripple unique

  • Ripple leverages blockchain technology to offer faster, more transparent, and cost-effective financial services, setting it apart from traditional financial institutions.
  • The company's focus on Central Bank Digital Currencies (CBDCs) and partnerships with governments, like Palau, showcases its unique capability in the fintech space.
  • Ripple's enterprise solutions for instant payments, liquidity management, and treasury operations provide comprehensive financial tools that are not commonly found in one platform.

Benefits

401(k) Plan

Healthcare Coverage

Health and Wellness

Family Support

Flexible Vacation

Employee Giving

Learning and Development