The Continuous Decline Of Cryptocurrency

Will Facebook has its own cryptocurrency?

Facebook is the most popular social media platform with over 2 million users.

Summary:

-Facebook founder, Mark Zuckerberg has expressed interest in cryptocurrency and blockchain technology in the past
-The social network will develop its own cryptocurrency but it was not clear about the intentions
-This is announced by the former head of Facebook messenger

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David Marcus, the former head of Facebook messenger, about the existence of an exploratory blockchain group that will lead the project. This group will directly report to Mike Schroepfer, the company’s CTO

Mr. Marcus has announced it last May 8 after Mark Zuckerberg expressed interest in cryptocurrency. Only small details were given by David Marcus.

The blockchain technology has seen to become a way for Facebook to speak about the issues concerning the people’s privacy. With this blockchain technology, Facebook can prevent a rift in the future.

Read the article written by Anthony Cuthbertson at https://www.independent.co.uk/