Tech giants are exploring blockchain and Fb is not going to be left behind. The corporate has reportedly promoted one among its senior engineers, Evan Cheng, because the Director of Engineering for its new blockchain division blockchain games.
Powering up the blockchain division
Final Could, Fb Messenger head David Marcus, had introduced leaving the publish to assist the corporate discover the makes use of of blockchain know-how.
“I am organising a small group to discover tips on how to finest leverage Blockchain throughout Fb, ranging from scratch,” Marcus introduced by way of a publish in his Fb web page. This got here months following the announcement of Fb CEO Mark Zuckerberg that he has began exploring the potential makes use of of cryptocurrencies for Fb. Blockchain occurs to be the underpinning know-how behind cryptocurrencies dropped at fame by Bitcoin.
Becoming a member of Marcus now’s one other Fb senior engineer.
Getting severe about blockchain
Now that one among its senior engineers has transferred to the blockchain division, the social networking big seems extra severe than ever. Evan Cheng’s LinkedIn profile helps his switch as he grew to become the Director of Engineering for Blockchain lately. Beforehand, Cheng was referred to as head of the Programming Languages & Runtimes for Fb. He had held the publish for 3 years.
Earlier than that, Cheng was with Apple and labored as a Senior Supervisor for Low Stage Instruments. He additionally has expertise on again engineering and compilation know-how. Cheng’s monitor document confirmed him tweeting about blockchain. As well as, he beforehand served as divisor to a number of blockchain startups/tasks like ChainLink and Zilliqa.
“It means it is [Cheng’s promotion] not simply an exploratory undertaking,” TechCrunch quoted a supply who screens the blockchain house. In response to the identical supply, placing Cheng within the blockchain division means the undertaking is essential as a result of he is aware of a factor or two about scalability and efficiency.
As of the primary quarter of 2018, Fb has over 2 billion month-to-month lively customers all the world over, which makes it a possible goal of safety threats for the huge quantity of beneficial info it at present holds. In latest information, the corporate has been concerned in several information breach scandals by which information from 87 million Fb customers have been gathered and utilized in political campaigns. Regardless of this, the variety of month-to-month customers nonetheless elevated by 13 % in contrast with 2017’s first quarter. Seeing the numerous influence of social media in at the moment’s society, it’s excessive time that Fb and comparable social networking websites discover methods to guard their customers from unscrupulous manipulation.
Fb’s transfer to discover blockchain could also be one of many steps to handle these issues. With blockchain’s decentralized and immutable design, it bodes nicely for streamlining processes in addition to strengthening safety for information dealing with throughout many industries.