The tech giants are crawling the blockchain and Facebook won’t be left behind. The company has reportedly promoted Evan Cheng as one of its chief engineers as Director of Engineering for his new blockchain division.
Turn on blockchain splitting
Last May, the head of Facebook Messenger, David Marcus, announced that he would leave a message to help the company explore the uses of blockchain technology.
“I’m creating a small team to explore how to make the most of Blockchain on Facebook, starting from scratch,” Marcus announced in a post on his Facebook page. It has been months since Mark Zuckerberg, CEO of Facebook, began exploring the possible uses of cryptocurrencies for Facebook. Blockchain is the leading technology behind cryptocurrencies that made Bitcoin popular.
Joining Marcus is another major engineer on Facebook.
Put it seriously around the block chain
Now that one of its top engineers has moved into the blockchain division, the social media giant appears more serious than ever. Evan Cheng’s LinkedIn profile supports his transfer, as he recently became the Director of Engineering at Blockchain. Previously, Cheng was known as Facebook’s Head of Programming Languages and Executions. He had been in office for three years.
Previously, Cheng was with Apple and worked as a general manager for low-level tools. He also has experience in background engineering and compilation technology. Cheng’s career showed him showing tweets about the blockchain. He also previously worked as a divider for some blockchain start-ups like ChainLink and Zilliqa.
“It simply came to our notice then [Cheng’s promotion] not just an exploration project, ”TechCrunch cited a source that controls the blockchain space. According to the same source, placing Cheng in the blockchain distribution means the project is important because it knows a thing or two about scalability and performance.
In the first quarter of 2018, Facebook has 2 billion active users worldwide, making it a target for security threats because of the large amount of valuable information it currently has. In recent news, the company has been involved in various data breach scandals, in which 87 million users have collected data from Facebook and used it in political campaigns. However, the number of monthly users is still up 13 percent compared to the first quarter of 2017. Given the significant impact that social media has on today’s society, it’s time for Facebook and similar social networking sites to find ways to protect users from unscrupulous manipulations.
Facebook’s move to explore the blockchain may be one of the steps to address these issues. With Blockchain’s decentralized and unchanging design, it’s great for streamlining processes as well as manipulating data to enhance security in many industries.