Facebook Plans To Launch Its Own Cryptocurrency

Facebook Plans To Launch Its Own Cryptocurrency

Facebook Plans To Launch Its Own Cryptocurrency

The social network giant, Facebook is going through a bad phase with lots of ups and down. The recent scandal with Cambridge Analytica has caused the world's largest social network giant Facebook to change its stance on user privacy and to be more transparent about its use of the data it collects.

Since then, some social networks based in Blockchain have been popularized, namely Sphere, Steemit, and Howdoo. However, recently, something unusual announcement is announced by the social network giant Facebook itself, in which Facebook stated that it is investing in a Blockchain-based solution development team, but, the purpose of the project is not yet known.

It was with a post on the Facebook page that David Marcus confirmed his departure from the Messenger team and the creation of a small group dedicated to finding solutions based on the potential of Blockchain technology for Facebook.

David Marcus has not given much detail on the work he will do with his new group, saying only that they will study Blockchain from scratch so that they can use this revolutionary technology for Facebook.

"I'm setting up a small group to explore how to leverage Blockchain across Facebook, starting from scratch," stated David Marcus.

Despite being connected to Facebook's Messenger since 2014, David Marcus is no novice in these financial issues related to money transfers. In addition to having introduced the possibility of P2P payments in Messenger itself, David Marcus was President of PayPal and CEO of Zong, a company dedicated to payments on mobile devices.

However, his experience in this segment does not allow us to conclude that Facebook will create or support a crypto coin, but, it also doesn't mean that it will launch or support any crypto coin of its own. Blockchain technology has become famous thanks to crypto-coins, especially Bitcoin, but its potential expands dramatically to other areas.

The potential of Blockchain goes from the crypto-coins to the creation of real ecosystems online, supported by the users of the network. Sharing and storing data is a legacy that Blockchain allows you to explore and maybe the fact that Facebook will use it in your favor.

The lead post in Messenger was then handed over to Stan Chudnovsky, who now heads one of the most widely used communication services around the world, alongside WhatsApp.

Rumors also point out that James Everingham and Kevin Weil, both from Instagram, will also join David Marcus in this new onslaught of Facebook to one of today's most acclaimed technologies.

Related posts

1. How To Make Hacking Tools
2. Hacking Tools Kit
3. Hack Tools For Mac
4. Hacks And Tools
5. Hacker Tools For Pc
6. Hacks And Tools
7. Underground Hacker Sites
8. Hacking Tools Mac
9. Github Hacking Tools
10. Pentest Tools Website Vulnerability
11. Hacker Tools Hardware
12. Pentest Tools Open Source
13. Hacking Tools Github
14. How To Make Hacking Tools
15. Hacker Tools List
16. Hacking Tools Hardware
17. Hacker Tools
18. Pentest Tools Apk
19. Hack Tool Apk
20. Pentest Tools Linux
21. Tools 4 Hack
22. Pentest Tools Apk
23. Hacker Security Tools
24. Hacker Tools Software
25. Hacking Tools Hardware
26. Kik Hack Tools
27. Top Pentest Tools
28. Hack Tools Download
29. Hacking Tools 2019
30. Hacking Tools 2020
31. Hacker Tools For Windows
32. Hacking Tools 2020
33. How To Hack
34. Best Hacking Tools 2020
35. Hacker Tools Linux
36. Pentest Tools
37. Hacker Tools For Windows
38. Hackers Toolbox
39. Pentest Tools Framework
40. Hack Tools Mac
41. Pentest Tools Review
42. Pentest Tools Subdomain
43. Pentest Tools List
44. Hacker Tools For Mac
45. Blackhat Hacker Tools
46. Pentest Tools List
47. Pentest Tools Subdomain
48. Pentest Tools Find Subdomains
49. Hacking Tools For Mac
50. World No 1 Hacker Software
51. Install Pentest Tools Ubuntu
52. Hacking Tools Free Download
53. Pentest Tools Linux
54. Hacking Tools Mac
55. Hacking Tools Windows 10
56. Pentest Tools Subdomain
57. Hacking Tools Github
58. Bluetooth Hacking Tools Kali
59. Hacker Tools Hardware
60. Hacker Tools Online
61. Hacker Tools Windows
62. Install Pentest Tools Ubuntu
63. Nsa Hack Tools
64. Hacker Techniques Tools And Incident Handling
65. Growth Hacker Tools
66. Hack App
67. Hacking Tools For Mac
68. Hacking Tools For Kali Linux
69. Pentest Tools Port Scanner
70. Best Hacking Tools 2019
71. Hack Tool Apk No Root
72. Hacker
73. Pentest Tools Android
74. Hack Apps
75. Pentest Tools Website Vulnerability
76. Hacking Tools Download
77. Pentest Tools Online
78. Hacking Tools Hardware
79. Hacks And Tools
80. Hacking Tools Kit
81. Hack Tools For Ubuntu
82. Hacker Tool Kit
83. Pentest Automation Tools
84. Wifi Hacker Tools For Windows
85. Black Hat Hacker Tools
86. Tools 4 Hack
87. Nsa Hack Tools Download
88. Hacker Tools Github
89. Tools For Hacker
90. World No 1 Hacker Software
91. Hack Tools Pc
92. Pentest Reporting Tools
93. Hacking Tools 2019
94. Nsa Hack Tools Download
95. Termux Hacking Tools 2019
96. Physical Pentest Tools
97. Hacker Tools Windows
98. Hacker Tools
99. Blackhat Hacker Tools
100. Hack Tools
101. Hacker Tool Kit
102. Pentest Automation Tools
103. Pentest Box Tools Download
104. Hacking Tools Name
105. Hacking Tools For Pc
106. Hacker Tools Hardware
107. Hacks And Tools
108. Pentest Tools Framework
109. Hacking Tools Online
110. Hacking Tools For Mac
111. Pentest Tools Github
112. How To Make Hacking Tools
113. Pentest Recon Tools
114. Hacker Techniques Tools And Incident Handling
115. Github Hacking Tools
116. Pentest Tools Windows
117. Hacker Tools Free Download
118. Hacking Tools Name
119. Hack Tools 2019
120. Nsa Hack Tools Download
121. Pentest Automation Tools
122. Hak5 Tools
123. Hacker Tools Free Download
124. Hacking Tools And Software
125. Hacker Tools Free Download
126. Hack Tools Pc
127. Pentest Tools Website Vulnerability
128. Pentest Box Tools Download
129. Pentest Tools Find Subdomains
130. Nsa Hacker Tools
131. Hacking Tools For Mac
132. What Is Hacking Tools
133. Pentest Tools Nmap
134. Hacking Tools Online
135. Pentest Tools Download
136. Usb Pentest Tools
137. Hacker Tools Github
138. Hack And Tools
139. Hacking Tools Windows
140. Hacking Tools Windows
141. Hack Apps
142. Hacker Search Tools
143. Hack Tools 2019
144. Hacker
145. Pentest Tools Android
146. New Hack Tools
147. Pentest Recon Tools
148. Game Hacking
149. Growth Hacker Tools
150. Hacker Tools Apk
151. What Are Hacking Tools
152. Hacker Tools For Mac
153. Pentest Tools
154. Android Hack Tools Github
155. Hack Tools For Mac
156. Pentest Tools Url Fuzzer
157. Hacking Apps
158. Pentest Tools Url Fuzzer
159. Hacking Tools For Windows Free Download
160. Pentest Tools Alternative
161. Computer Hacker
162. Hack Tool Apk No Root
163. Underground Hacker Sites
164. Pentest Tools Online
165. Hacker Tools
166. Underground Hacker Sites
167. How To Install Pentest Tools In Ubuntu
168. Pentest Tools Find Subdomains
169. Physical Pentest Tools
170. Hacking Tools Online
171. Pentest Tools Android
172. Hack App