fbpx
Technology

Facebook Appoints New Director Of Engineering Blockchain

Facebook appears to be getting more serious about blockchain, having recently named an engineering director dedicated to the technology.

The social media giant has appointed one of its senior engineers, Evan Cheng, as its first “director of engineering, blockchain.” The new position was first reported by TechCrunch and confirmed by Facebook on Thursday.

According to Cheng’s LinkedIn profile, he served as the director of engineering for programming languages and runtimes at Facebook for almost three years prior to his new focus on blockchain, following a 10-year stint at Apple.

On Cheng’s Twitter account, his biography also implies that he has an expertise in blockchain and crypto as it claims that his “day job – programming languages, runtimes, compilers; night job – blockchain, crypto.”

In May the company launched a team specifically to explore this emerging technology. Facebook’s long-time head of its Messenger platform, David Marcus, was tasked with leading the team. Marcus, who is also a member of Coinbase’s board of directors, was previously president of payments firm PayPal.

The news also follows Facebook’s recent ease on a crypto-related ads ban.

While the company banned all crypto ads back in January, it has since quietly set up an application form for certain types of crypto ads to get posted in June. Advertisements related to initial coin offerings (ICOs) and crypto binary options are still not allowed.

This story originally appeared on Coindesk. Image courtesy of Shutterstock.

Join The Discussion

Thailand Signals Shift In Refugee Policy After Rahaf Mohammed
Thailand Signals Shift In Refugee Policy After Rahaf Mohammed [Video]
Brexit Plans In Chaos After UK Parliament Rejects Proposal
Brexit Plans In Chaos After UK Parliament Rejects Proposal [Video]
Coming To Canada 'Worth The Risk,' Says Saudi Teen Refugee
Coming To Canada ‘Worth The Risk,’ Says Saudi Teen Refugee [Video]
Prime Minister Theresa May Tries To pull MPs Behind Brexit Deal
Prime Minister Theresa May Tries To Pull MPs Behind Brexit Deal [Video]
Is Bitcoin Building Support Above $3,500
Is Bitcoin Building Support Above $3,500?
Belarus Allows Traders To Buy Shares With Bitcoin
Belarus Allows Traders To Buy Shares With Bitcoin
US Government Shutdown Is Halting Crypto Progress On Wall Street
US Government Shutdown Is Halting Crypto Progress On Wall Street
I Made $1M On Bitcoin
I Made $1M On Bitcoin – And Lost It Again
40+ Video Marketing Statistics For 2019
40+ Video Marketing Statistics For 2019 [Infographic]
Emerging Email Marketing Trends To Survive 2019 And Beyond
Emerging Email Marketing Trends To Survive 2019 And Beyond [Infographic]
Visual Trends To Be Aware Of In 2019
Visual Trends To Be Aware Of In 2019 [Infographic]
How To Get Sponsored Posts For Your Blog
How To Get Sponsored Posts For Your Blog
4 Tips To Help You With The Constant Changes In Social Media
4 Tips To Help You With The Constant Changes In Social Media
Instagram's Testing Side-Scrolling Feed View, Similar To Stories
Instagram’s Testing Side-Scrolling Feed View, Similar To Stories
The 10 Best Instagram Tools For 2019
The 10 Best Instagram Tools For 2019
Pinterest's Recommendation Algorithms Are Improving
Pinterest’s Recommendation Algorithms Are Improving
What Is Your Therapist Listening For
What Is Your Therapist Listening For?
Wish You Were Smarter
Wish You Were Smarter? These 4 Brain Hacks Can Help You Get There
Weightlifting Less Than An Hour Per Week Could Increase Your Longevity
Weightlifting Less Than An Hour Per Week Could Increase Your Longevity
Your Environment May Affect Your Eyes More Than You Realize
Your Environment May Affect Your Eyes More Than You Realize
Thailand Signals Shift In Refugee Policy After Rahaf Mohammed
Thailand Signals Shift In Refugee Policy After Rahaf Mohammed [Video]
Brexit Plans In Chaos After UK Parliament Rejects Proposal
Brexit Plans In Chaos After UK Parliament Rejects Proposal [Video]
Coming To Canada 'Worth The Risk,' Says Saudi Teen Refugee
Coming To Canada ‘Worth The Risk,’ Says Saudi Teen Refugee [Video]
Prime Minister Theresa May Tries To pull MPs Behind Brexit Deal
Prime Minister Theresa May Tries To Pull MPs Behind Brexit Deal [Video]