Facebook Announces New Appointments In Blockchain Division

Facebook Announces New Appointments In Blockchain Division

Cryptocurrency Blockchain

Facebook Announces New Appointments In Blockchain Division

  • Facebook appointed senior engineer Evan Cheng as the Director of Engineering, blockchain.
  • The LinkedIn profile of Cheng has moved from the position of director of engineering at Facebook to the position of Director of Engineering, Blockchain
  • . For the past three years, he was responsible for heading Programming Languages & Runtimes at the company.

Crypto At A Glance

Facebook Announces New Appointments In Blockchain Division

Facebook appointed senior engineer Evan Cheng as the Director of Engineering, blockchain.

The LinkedIn profile of Cheng has moved from the position of director of engineering at Facebook to the position of Director of Engineering, Blockchain. For the past three years, he was responsible for heading Programming Languages & Runtimes at the company.

He is also listed as an advisor to blockchain startups and projects Zilliqa and ChainLink. He has earlier worked at Apple for over 10 years.

Besides Cheng, the company reportedly has promoted Kevin Weil, former vice president of product at Instagram, as the vice president of product at their Blockchain division.

The new appointments in the Blockchain division signals that the social media giant is getting more serious about the new generation technology, which is behind bitcoin and other cryptocurrencies.

Facebook as of late switched its restriction on cryptocurrency  promotions

Facebook as of late switched its restriction on cryptographic money promotions on their stage. The boycott was at first set to shield its clients from extortion and burglary. Facebook conceded that the boycott was purposefully expansive and they would return to the arrangement while they "work to better distinguish beguiling and deceiving publicizing rehearses." Once the boycott was lifted, Facebook reported that they would permit pre-affirmed candidates to promote on their stage.

In spite of the fact that Facebook hasn't reported any plans about how they would utilize blockchain innovation on their stage, It is certain that they are seeking after this innovation with intrigue. In the light of the information emergencies looked by Facebook, it will enthusiasm to perceive how they use this innovation to enhance their administrations.

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