In Its 1st Blockchain Deal, Facebook Acqui-Hires Chainspace
5 Feb 2019 5:38 AM GMT
Last year in January, Facebook founder Mark Zuckerberg showed its interest in both cryptocurrencies and technology behind it -- Blockchain. Thereafter, the social networking giant seriously started exploring ways to leverage the power of blockchain technology. Now in a latest to this "Facebook-Blockchain" news, the
- Last year in January, Facebook founder Mark Zuckerberg showed its interest in both cryptocurrencies and technology behind it — Blockchain.
- Now in a latest to this “Facebook-Blockchain” news, the company has reportedly made its first acquisition in the blockchain industry by acqui-hiring a-year-old blockchain startup Chainspace , reported Cheddar , a blockchain industry news portal.
- A couple of months back, it was reported that Facebook is working on making a cryptocurrency called ‘Stablecoin’ that will let users transfer money on WhatsApp messaging app, with India being its first remittances market
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