News ChainLink, Zilliqa Advisor to Be Blockchain Engineering Head at...

ChainLink, Zilliqa Advisor to Be Blockchain Engineering Head at Facebook

-

- Advertisment -

Facebook engineer Evan Cheng has now been formally slotted as Director of Blockchain Engineering at the powerhouse social media company. Cheng, who’s served as an advisor to crypto plays ChainLink and Zilliqa, will now be a lead builder as Facebook develops its future blockchain moves.

Cheng Now Takes Over the Reins

Facebook engineer Evan Cheng will now take up the position of Director of Engineering, Blockchain, at the company, the latest move by Facebook that highlights its increasingly serious pivot toward blockchain technology.

Cheng, who previously lead the department of Programming Languages & Runtimes at the company, will now guide the social medai titan in building out its blockchain future.

In an interesting wrinkle for the respective projects, Cheng has served as an advisor for decentralized oracle play ChainLink and “next-gen high throughput blockchain platform” Zilliqa.

What such a development means for these projects’ futures remains unclear for now. But the crypto upstarts have got friends in even higher places than before, a factor that surely won’t be lost on these projects’ constituent communities.

Facebook’s Delving Deeper Into Blockchain, Crypto

Back in May 2018, Facebook hired former Messenger executive David Marcus to head up its new blockchain team.

Then in May, word broke that the company was “very serious” about introducing its own cryptocurrency. In June, another domino dropped when the company announced it would be lifting its cryptocurrency ad ban for projects that received “written permission.”

Now, Cheng’s re-appointment comes as rumors swirl that Facebook might be looking at buying up cryptocurrency exchange Coinbase. Such claims are more smoke than fire for now, but with the company’s recent blockchain-centric moves, it wouldn’t be the most surprising acquisition, though it would most certainly be a blockbuster deal.

In the mean time, we’ll just have to wait see where Cheng and the House That Zuckerberg Built go from here.

What’s your take? Where does Facebook’s blockchain mission go from here? Let us know what you think in the comments below.


Images via Pixabay, SmartContract

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Crypterium Signs New Partnership with Apple Pay, Unveils its Virtual Card

In late 2017 when Bitcoin and other digital assets became quite popular, the consensus amongst enthusiasts was...

Top 5 Crypto Invoice Services for Making Business Administration Simpler

In the current economic landscape, the cryptocurrency’s worldwide adoption is picking up at an ever-increasing pace.

Data-Intensive Sector Has A Lot More To Explore With Blockchain Technology

Blockchain technology in Data-Intensive sectors is gaining huge recognition in the market. It is used in building...

4 Tips on How To Succeed on Bitcoin Trading

Bitcoin is a type of cryptocurrency which has grabbed the attention of countless people from different countries....
- Advertisement -

The First Cryptocurrency Bank License Is Now Granted

This is a historic development. A milestone in Bitcoin's path to broad acceptance and recognition. The State...

Yield Farming Program “Volcano” Kicks off Dutch Auction for Cryptokitties KittieFIGHT Game

In the fall of 2017, along with the rallying of Bitcoin and other digital assets, Cryptokitties dominated...

Must read

- Advertisement -

Read Next
Recommended to you