Facebook Starting a Blockchain Team

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  • According to Recode, Facebook is shaking up its executive team in a big way

 

  • Facebook are looking to create a new blockchain team and explore blockchain technology

 

  • David Marcus, the head of messaging app Whatsapp, will change roles to lead the new team

 

  • The team will work under Facebook CTO, Mike Schroepfer – who sits on the board of cryptocurrency exchange Coinbase and who previously worked at PayPal

 

  • The blockchain team will fall under the division ‘New Platforms and Infra’

 

  • Read more about blockchain technology here.

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