Facebook Increases Focus on Blockchain with One of its Most Senior Engineers

In a major move, Facebook increases focus on blockchain as one of its most senior engineers, Evan Cheng becomes Director of Engineering Blockchain. Following the backlash from the Facebook data scandal, industry experts say the social networking behemoth may be leveraging blockchain technology to help users control, or even monetise their data. The ‘tech’ industry is rife with speculation, as Cheng’s specialist knowledge on performance and scalability indicates the potential of the project. Cheng joins the Blockchain Team headed up by former president of Paypal David Marcus.

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