Facebook Hires Coinbase Board Member to Lead Newly Formed Exploratory Blockchain Team

Home / Facebook Hires Coinbase Board Member to Lead Newly Formed Exploratory Blockchain Team

The head of Facebook’s messaging app Messenger, David Marcus, confirmed that the social media giant is looking into possible applications for blockchain technology. In his post on Tuesday, he said: “I’m setting up a small group to explore how to best leverage blockchain across Facebook, starting from scratch.” Facebook CEO Mark Zuckerberg stated that the power of decentralized systems like cryptocurrency could help take power away from the centralized system and place it back in the hands of individuals.

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