Social network Facebook can announce steyblkoin , the development of which, she allegedly deals with, in the third quarter of this year, writes Bloomberg , citing sources familiar with the situation.
According to the publication, in preparation for this event, the company is actively attracting former employees of the payment corporation PayPal. The blockchain development team formed last year now has 50 employees, one fifth of whom worked for PayPal in the past. As it became known earlier, the ex-president of PayPal, David Marcus, is leading the project.
It is assumed that the first region to test Facebook's Facebook will be India, a country where the social network sees significant opportunities for development. In India, ordinary payments are already being tested on the basis of WhatsApp Pay's Facebook product. According to the founder of the company, Mark Zuckerberg, in the near future, the payment function will become available to residents of other regions.
Blockchain Capital partner Spencer Bogart, in a conversation with Bloomberg, said that the Facebook initiative could provide the necessary impetus for the development of the cryptocurrency segment as a whole and serve as a connecting link that will help the general public to become better acquainted with this technology.
“People can go ahead and purchase Bitcoin, purchase broadcast. Most likely, a certain percentage of users will do so. I believe this will be a very strong catalyst. Over the 10 years of its existence, Bitcoin has risen from zero users to 30-100 million, and Facebook has billions of them , ”he explained.
On Wednesday, Facebook introduced the new rules for advertising on its platform, according to which some ads related to the blockchain and cryptocurrency can now be placed without prior approval.
Publication date 10/05/2019
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