Facebook's New Director- The man of Blocckchain Engineering Evan Cheng

Evan Cheng who is mastermind behind blockchain Engineering and Ziliqa Chainlink going to be new director in Facebook.

One can not deny of Facebook is entering into blockchain technology now as they eases Facebook ad bans and now hiring blockchain technology mastermind into their lead role.It really shows Facebook is serious about bloackchain technology and in future we may see coin from Facebook.

Cheng has worked in the past for projects like ChainLink and Zilliqa, two important cryptocurrency projects in the market.

It is important to mention that back in May, Facebook hired a former Messenger executive, David marcus, so as to head up the new blockchain team. At the same time, the company explained that it may be searching to create a cryptocurrency for its platform. Additionally, late in June, the company said that it would be lifting the crypto ad ban for ICOs and other sites.

Another rumour that was circulating on the internet was that Facebook might be searching to buy the cryptocurrency exchange and platform Coinbase. But until now, there are no clear comments on the matter.

It will be interesting to see how the company will be exploring new uses of blockchain technology and how it can help it grow in a more competitive landscape.