Facebook is launching a new team dedicated to the blockchain
What is the blockchain? Facebook wants to find out, too.
David Marcus quickly confirmed that he will no longer be running Messenger and instead will lead the way to crypto-heaven. Markus tweeted the news, as one does, and linked to a note on his Facebook page that does the usual thanking of colleagues for “a remarkable journey.” He also said that it’s time for him “to take on a new challenge” which will involve “setting up a small group to explore how to best leverage Blockchain across Facebook, starting from scratch.” He added, “onward!”
That’s about all we know regarding this new venture for Facebook. Recode notes that, as the former President of PayPal, Marcus has lots of experience with payments. He’s also a member of the board for cryptocurrency exchange giant Coinbase.
I'm gunna just go ahead and predict they call it fcoin.