Facebook Has a New Director of Engineering for Blockchain

Facebook seems to be getting more serious about blockchain, using recently named a engineering manager devoted to the tech.

The social networking giant has named one of its senior engineers, Evan Cheng, as its original “director of engineering, blockchain.” The brand new position was initially reported TechCrunch and supported by Facebook on Thursday.

According into Cheng’s LinkedIn profile, he served as the manager of technology for both programming languages and runtimes in Facebook for nearly 3 decades before his new center on blockchain, after a 10-year stint in Apple.

On Cheng’s Twitter accounts, his biography also suggests he has an experience in blockchain and crypto since it asserts his “day job – programming languages, runtimes, compilers; night job – blockchain, crypto.”

CoinDesk reported at May the firm launched a group especially to research this emerging technologies. Marcus, who’s also a part of Coinbase’s board of directors, was formerly president of obligations firm PayPal.

The news also follows Facebook’s current simplicity on a crypto-related ads prohibit.

While the firm banned all crypto advertisements back in January, it has since quietly put up an application type for particular sorts of crypto advertisements to get published in June. Advertisements associated with first coin offerings (ICOs) and crypto binary choices are still not permitted.

Facebook picture via Shutterstock.

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Original post first appeared in https://www.coindesk.com/facebook-appoints-new-blockchain-engineering-director/

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