Tech giants are discovering blockchain and Myspace will not end up being left behind. The corporation has reportedly marketed one of their senior engineers, Evan Cheng, because the Overseer of Engineering intended for its new blockchain division.
Powering the blockchain division
Previous May, Facebook Messenger head David Marcus, had announced making the post to help the company check out the uses associated with blockchain technology.
“I’m making a small group to explore how to best leverage Blockchain across Facebook, beginning with scratch, ” Marcus announced via the post in the Facebook page. This particular came months right after the announcement of Facebook CEO Tag Zuckerberg that they has started exploring typically the possible uses regarding cryptocurrencies for Myspace. Blockchain is actually the particular underpinning technology behind cryptocurrencies delivered to fame by Bitcoin.
Joining Marcus now could be an additional Facebook senior manufacture.
Getting seriously interested in blockchain
Now that one of its senior engineers has got transferred to typically the blockchain division, the social media giant appears more severe than ever. Evan Cheng’s LinkedIn profile supports his / her transfer when he grew to be the Director of Engineering for Blockchain recently. Previously, Cheng was referred to as brain of the Development Languages & Runtimes for Facebook. He previously held the post for three years.
Before that, Cheng was with The apple company and worked as a Senior Manager for Low Level Instruments. He has experience on back engineering and compilation technologies. Cheng’s background confirmed him tweeting about blockchain. In addition , this individual previously served while divisor to many blockchain startups/projects like ChainLink and Zilliqa.
“It means it’s [Cheng’s promotion] not just the exploratory project, inch TechCrunch quoted an origin who monitors typically the blockchain space. In line with the same source, putting Cheng in the blockchain division signifies the project is definitely important as they understands a thing or perhaps two about scalability and performance.
By the first season of 2018, Facebook or myspace has over 2 billion monthly working users all throughout the world, which in turn makes it a likely target of safety measures threats for the large amount of important information it presently holds. In the latest news, the corporation features been involved in different data break scandals in which in turn data from 87 million Facebook users were gathered in addition to used in personal campaigns. Despite this particular, the quantity of monthly users still increased simply by 13 percent compared with 2017’s very first quarter. Seeing typically the significant impact involving social media throughout today’s society, it is high time that Facebook and even similar social marketing sites find ways to protect their consumers from unscrupulous mind games.
Facebook’s move to explore blockchain may possibly be one involving the steps to handle these problems. Along with privacy app ‘s decentralized and even immutable design, this bodes well regarding streamlining processes while well as conditioning security for data coping with across many sectors.