Full-Time

Software Engineer

Confirmed live in the last 24 hours

MachineFi

MachineFi

1-10 employees

Platform connecting real world with Web3

No salary listed

Entry

Company Does Not Provide H1B Sponsorship

Palo Alto, CA, USA

In Person

Category
Backend Engineering
Full-Stack Engineering
Software Engineering
Required Skills
Rust
Blockchain
Go
Requirements
  • Master’s degree and 6 months of experience as Software Engineer
Responsibilities
  • Design and implement modern scalable, fault-tolerant blockchain protocols and off-chain stream computing frameworks with Golang and Rust.
  • Work in a collaborative product-driven environment, including smart contract development for web3 technology.
  • Improve distributed systems; performance, scalability, reliability, and security by conducting systems analysis and recommending changes in policies and procedures.
  • Develops software solutions by studying information needs by evaluating analysis, problem definition, requirements, solution development, and proposed solutions.
  • Manage large-scale production systems and diagnose complex problems in a distributed environment, accomplishing engineering and organization missions by completing related results as needed.
  • Conferring with users and clients, studying systems flow, data usage, work processes, and engineering partners to drive alignment.

MachineFi Lab connects the real world with Web3 by creating a platform that allows for the financialization of machine resources and intelligence, leading to the development of a new machine economy. The platform utilizes blockchain technology and the Internet of Things (IoT) to enable users to own and control their data. Developers can build decentralized applications (dApps) on this platform, which can leverage machine-driven data and resources. MachineFi Lab caters to a diverse clientele, including developers, businesses, and individuals interested in monetizing their data and engaging in the machine economy. The company has successfully raised significant funding, including a $10 million seed round and a $50 million Series A round, to support its growth and development.

Company Size

1-10

Company Stage

Seed

Total Funding

$10M

Headquarters

Los Angeles, California

Founded

2021

Simplify Jobs

Simplify's Take

What believers are saying

  • Integration of AI with IoT enhances MachineFi's platform capabilities for predictive maintenance.
  • Rise of DeFi platforms using IoT data expands MachineFi's dApp offerings.
  • Growing interest in tokenizing machine resources aligns with MachineFi's financialization focus.

What critics are saying

  • Competition from tech giants like Meta and Google could overshadow MachineFi's presence.
  • Rapid technological advancements may outpace MachineFi's ability to adapt and integrate features.
  • Regulatory scrutiny on data privacy could impose additional compliance costs for MachineFi.

What makes MachineFi unique

  • MachineFi connects real-world IoT data with Web3, creating a unique machine economy.
  • The platform enables decentralized applications to monetize machine-driven data and resources.
  • MachineFi's focus on data ownership gives users control over their personal information.

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Benefits

Remote Work Options

Flexible Work Hours

Company News

VentureBeat
Nov 9th, 2022
New Blockchain Framework Connects Physical Devices To The Metaverse

Following the hype fueled by Meta’s (formerly Facebook) pivot last year, the metaverse has been gaining entry into more organizations and steadily moving on an upward trajectory. With COVID-19 accelerating digital transformation, enterprises are now more keen to adopt new technologies, even a nascent one like the metaverse. Having evolved from Neal Stephenson’s initial idea (from his 1992 novel Snow Crash), Web3 and the metaverse today offer several immersive opportunities that brands are keying into. According to Gartner, “enterprises will experiment with the metaverse, connecting, engaging and incentivizing human and machine customers to create new value exchanges, revenue streams and markets.” The metaverse’s market value over the next seven years is likely to be massive, with McKinsey estimating it will reach $5 trillion by 2030

The Economic Times
Jun 21st, 2022
MachineFi Lab announces Series A funding to raise $50 million

The latest round of funding announcement comes after the company raised $10 million seed round funding led by Samsung Next, Crypto.com, Hashkey Capital and Draper Dragon in June.

CoinDesk
Jun 7th, 2022
Draper Dragon invests into MachineFi in $10M

MachineFi Lab, which incentivizes the collection of real-world Internet of Things (IoT) device data through decentralized applications ( dapps ), has raised $10 million in a seed funding round led by Samsung Next, Draper Dragon Fund and Jump Crypto.

Samsung Next
Jun 7th, 2022
Samsung NEXT invests into MachineFi in $10M

Samsung NEXT invested in MachineFi Lab because Samsung NEXT think its platform has the potential to unify large-scale machine networks and to provide the infrastructure needed to enable each device to act as an autonomous market participant, providing incentives for consumers to help construct the network.