As the largest social network seems Facebook is considering releasing its own cryptocurrencies. The company is reportedly considering the release of a cryptocurrency to facilitate payments. Information about Facecoin was published on by Cheddar
The publication says that efforts to create a digital coin will be led by David Marcus, who until recently has been the head of Facebook Messenger.
There is not much detail so far, but Cheddar says that it may take a few years to implement the project.
Blockchain technologies are still in their infancy, and we are unlikely to expect Facebook to rely on decentralized solutions until it can handle large volumes of transactions, an issue facing the entire blockchain industry.
Facebook CEO Mark Zuckerberg, it had reports in the past that the company is open to experimenting with the blockchain.
Indeed, publications by beginning of the week claim that Facebook has created a new research and development department specifically dedicated to investigating the implementation of blockchain integration solutions in platform of.
Creating a cryptocurrency is not a bad idea as it seems to be a win-win deal. Stakeholders will get a service more secure than Mt.Gox and Facebook will get e.gconditions which needs to continue to operate "for free" or at least without charges.
Of course, in a parallel universe, we could hope to be more respectful of the members'
- Jan Koum: why does WhatsApp and Facebook leave?
- Facebook downvote and upvote a new addition for failure