LG Ups Interest in Web 3.0 with Job Posting

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  • Consumer electronics company LG has shown signs of entering the Web 3.0 world
  • LG is looking for technical officers to help in the leap
  • LG’s subsidiaries such as LGU+ have already taken a step toward NFTs

Consumer electronics giant LG is looking for technical officers to help increase its activities within the Web 3.0 space.. The officers will lead the electronics firm in, among other things, analyzing trends in the space and forging partnerships with blockchain platforms. The move comes roughly three months after LGU+ indicated plans to launch an NFT collection and eight months after officially adding crypto and blockchain technology to its company charter

NFTs Will Play Important Role

In a job listing seen by Digital Today, LG is looking for two people to fill the position of Chief Technical Officer. Some of the qualifications include a deep understanding of NFTs and the operation of blockchain platforms. The CTOs will help in service planning and business development.

According to LG, the service planning department will handle matters related to Web 3.0 and cryptocurrency storage. Therefore, the officer heading the department needs to be able to create decentralized applications (dApps) and conduct in-depth research on projects in the Web 3.0 world. 

“No New Meaning” Behind NFT Expansion

Despite the conspicuous appearance of the terms ‘NFTs’ and ‘Web 3.0,’ a company representative declined that the firm has its sights firmly set on NFTs. The representative said the search for technical officers knowledgeable in the area is “strictly business and there is no new meaning behind this.” They did however say that the company’s earlier moves in offering a crypto wallet are still on track.

LG Electronics has already filed for trademarks in the United States revolving around a crypto wallet powered by the Hedera Hashgraph blockchain. Other past blockchain-based projects include the development of smart firms in South Korea. LG’s search for Web 3.0 CTOs comes at a time when consumer electronics companies like Samsung and HTC are turning to NFTs to appeal to a larger customer base.