Facebook is starting to take the blockchain technology seriously.

[pokxon]

Facebook has announced an executive reshuffle
- Evan Cheng previously responsible for the programming language & Runtimes was moved to the position of Engineering Director, Blockchain.
- Cheng has been working at his previous position for nearly 3 years and worked for Apple nearly 10 years ago. He is an advisor to a number of blockchain startup companies, including Zilliqa and ChainLink, and frequently tweets on blockchain.
- His level of expertise shows that Facebook's approach to blockchain projects now exceeds the level of preliminary exploration.

[DikkieD]

Yes, great developments . Hope other tech giants follow suit. I know they will, since denying the potential of blockchain would definitely mean they'd miss the boat.

Hope they'll introduce their own currency soon, so mass adoption will go a lot quicker

[knuckey]

blockchain is a very great technology in recent years, every year blockchain is always evolving and creating something new. look at the incredible steemit with its blockchain and if facebook wants to build its blockchain, then this will be great for them in the future.

but I just hope that facebook is not too sensitive with ico and other crypto, because I have been disappointed for the ban they ever made.

[pokxon]

Yes, great developments . Hope other tech giants follow suit. I know they will, since denying the potential of blockchain would definitely mean they'd miss the boat.

Hope they'll introduce their own currency soon, so mass adoption will go a lot quicker

Blockchain is a great technology. In the future, I think blockchain will be more applicable to life and replace old and complex technology. In addition, blockchain also creates a fertile soil for people to make money.

[pokxon]

blockchain is a very great technology in recent years, every year blockchain is always evolving and creating something new. look at the incredible steemit with its blockchain and if facebook wants to build its blockchain, then this will be great for them in the future.

but I just hope that facebook is not too sensitive with ico and other crypto, because I have been disappointed for the ban they ever made.

I thought they set up the ico and crypto bans because they were planning on having a crypto for themselves and that was the start of the revolution that facebook wants to look forward to.

[Rules85]

Blockchain technology is being recognized by various international enterprises, so they are gradually recognizing blockchain.
So this is obviously good news for the cryptocurrency market.

[Yudhisthir]

Even there are rumors of facebook acquiring coinbase. There seems to be real talks and they might be just waiting for proper regulations to jump into the technology of future.
Facebook is competing with tech conglomerates of google and amazon and being the first to get involved directly in crypto would be profitable.

[lunaelucemauram]

So Facebook are now starting its move to get the blockchain technology integrated in their platform. The coinbase rumor is one thing but this cements the rumors that Facebook will be joining the blockchain bandwagon. If companies such as Facebook will join the crypto industry then it will be a big development since the blockchain technology will be more accessible to the masses.

[JacobLiam12]

Actually few days ago Fb banned crypto adds based on this their some issues but it’s a good news that they will be transform their tech in block chain tech based on this they may invent their own coin because few days ago there was a rumor but if they use this in different purpose its another case.

[zxrcoin]

I think that's a good news for the cryptocurrency community. Through Facebook, cryptocurrency will get more exposure. As a result, more people will be interested to invest in cryptocurrency.

[eliek18]

Even there are rumors of facebook acquiring coinbase. There seems to be real talks and they might be just waiting for proper regulations to jump into the technology of future.
Facebook is competing with tech conglomerates of google and amazon and being the first to get involved directly in crypto would be profitable.

[zinson01]

This is really great news. Blockchain is an extremely incredible innovation as of late; consistently blockchain is continually developing and making something new. Take a gander at the mind blowing Steemit with its blockchain and if Facebook needs to construct its blockchain, at that point this will be extraordinary for them. This will add value to the market.

[sam53]

Seem like a great news at this time . I think there will be no banning on cryptocurrency on Facebook anymore. LOL. But let wait to see if Facebook is going to create their own cryptocurrency or not or they just wanna develop their social network depend on Blockchain technology only without creating their own cryptocurrency. I hope that they will have their own cryptocurrency and everyone can run ads on Facebook by paying by cryptocurrency of Facebook )

[iqlimasyadiqa]

Seem like a great news at this time . I think there will be no banning on cryptocurrency on Facebook anymore. LOL. But let wait to see if Facebook is going to create their own cryptocurrency or not or they just wanna develop their social network depend on Blockchain technology only without creating their own cryptocurrency. I hope that they will have their own cryptocurrency and everyone can run ads on Facebook by paying by cryptocurrency of Facebook )

banning ads that existed some time ago did make the level of trust decreased. but now I think Facebook is on track to support the development of digital currency. when prohibiting Ico ads then it is a natural thing because at this time indeed most projects ico fail. with the adoption of blockchain then this will certainly make the digital currency more known, a good step in increasing public confidence in the digital currency. we now just keep waiting until the aspects that play a role in digital currency are getting fulfilled and can make blockchain become one of the most useful technology.

[VanDeinsberg12]

Seem like a great news at this time . I think there will be no banning on cryptocurrency on Facebook anymore. LOL. But let wait to see if Facebook is going to create their own cryptocurrency or not or they just wanna develop their social network depend on Blockchain technology only without creating their own cryptocurrency. I hope that they will have their own cryptocurrency and everyone can run ads on Facebook by paying by cryptocurrency of Facebook )

banning ads that existed some time ago did make the level of trust decreased. but now I think Facebook is on track to support the development of digital currency. when prohibiting Ico ads then it is a natural thing because at this time indeed most projects ico fail. with the adoption of blockchain then this will certainly make the digital currency more known, a good step in increasing public confidence in the digital currency. we now just keep waiting until the aspects that play a role in digital currency are getting fulfilled and can make blockchain become one of the most useful technology.

Facebook even gets so many petition from the canadians countries due to their act to ban crypto related advertisement. Facebook try to lift the ban rather than getting banned by all of the canadians countries lol facebook was enough to creating another joke

[febrian1705]

I think it's not just facebook that will take over blockchain ..
but it is the blockchain that will take charge of the current "advanced technology.
because blockchain technology will provide the best in the future

[rijaljun]

Well, I just believe that Facebook will be the only social media to use in the future.

[waorana]

I'm glad to read that Facebook is approaching the blockchain sector, given the fact that a few months ago had decided to ban the advertising of ICO, it seems that it wants to change direction. A few months ago I had also read rumors about the creation of a cryptocurrency; until today there are no official confirmations but I hope that in the future they will arrive

[bartolo]

It seems that facebook plans to implement their own cryptocurrency are serious although I don't know what utility it could have. Facebook is supposedly a free platform in which, if I'm not wrong, there are no paid services, and using Facebook to make transactions between individuals would not make much sense, unless you don't care about your privacy at all. It seems an attempt not to become obsolete more than anything else.

[jasydoggye]

If facebook somehow joins with the crypto world it can be very much beneficial for both of them.