Facebook Strengthens Its Blockchain Team

Blockchain Career Facebook

Journalist

Sead Fadilpašić

Journalist

Sead Fadilpašić

About Author

Sead specializes in writing factual and informative articles to help the public navigate the ever-changing world of crypto. He has extensive experience in the blockchain industry, where he has served...

Author Profile

Share

Copied

Last updated:

June 26, 2023 06:56 EDT

Why Trust Cryptonews

Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas - from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews

Ad Disclosure

We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships.

When a promising new technology surfaces, most big name companies will appoint a few people to look into it and see if it can drive their business forward. Tech giants such as Facebook, Google, Amazon and the like are no exception, but Facebook just took a step further: a director of engineering has just been appointed Director of Engineering, Blockchain.

Evan Cheng is considered a well-respected “low level” computer engineer who was previously responsible for heading up Programming Languages & Runtimes at the company, a position he held for nearly three years, according to Techcrunch. His new position was first noticed on his LinkedIn profile and subsequently confirmed by Facebook.

He has also worked for almost ten years at Apple, with his last position there being Senior Manager, Low Level Tools. He also worked on compilation technology and other backend engineering, he tweets about blockchain and is reportedly an advisor to a number of blockchain startups/projects.

He’s not the only known Facebook employee working on blockchain solutions. Long-time Messenger chief David Marcus heads the group, while Instagram’s, which is owned by Facebook, former Vice President of Product Kevin Weil has taken up the position of Vice President of Product, Blockchain at Facebook.

Facebook has also readjusted its stance on banning all crypto-related ads late last month, saying that they will now allow crypto related ads (that are not initial coin offerings or binary options) from pre-approved advertisers, as part of an effort to “refine” its blanket ban policy with regards to crypto.

Also, Facebook is reportedly exploring the creation of its own cryptocurrency.