A quick 3min read about today's crypto news!
The social media giant Twitter is launching a “new team focused on crypto, blockchains and other decentralized technologies,” claims the woman who has been picked to lead it.
The team will be called Twitter Crypto, and the woman in question is Tess Rinearson, who has previously worked at the payments provider Interstellar and also at Tendermint, where she helped develop the Tendermint Core consensus engine.
In a Twitter post, Rinearson said her team’s work would “include” and “go beyond cryptocurrencies.”
“We’ll be exploring how we can support the growing interest among creators to use decentralized apps to manage virtual goods and currencies, and to support their work and communities. Looking farther ahead, we’ll be exploring how ideas from crypto communities can help us push the boundaries of what’s possible with identity, community, ownership and more.”
Rinearson’s team will also be tasked with “shaping the future of decentralized social media.”
But Twitter’s crypto move has not exactly come out of nowhere. In fact, the latest announcement appears part of a coordinated and consistent attempt on the part of founder Jack Dorsey to create a core, crypto-focused business unit. Here is how Twitter got to where it is now:
“Twitter Crypto will undperpin all of this work, and serve as a ‘center of excellence’ for all things blockchain at Twitter.”
She also called on crypto experts looking to work with Twitter to come forward, writing: “We’ll be hiring for roles in engineering and product. If this sounds exciting, please get in touch!”
Learn more:- Twitter Offers Sneak Peek Behind Upcoming NFT Integration Design- Bitcoin Lightning Network Is Growing Faster Than You Think- Ethereum Founder Skeptical of Dorsey, Zuckerberg's Plans- Dorsey’s Square Strikes Afterpay USD 29B Deal, Teases Bitcoin Role- Dorsey Justifies His Pro-Bitcoin Stance, Says He Is ‘Not Trolling’ Ethereum