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Facebook has advertised 5 job vacancies related to blockchain technology. The open positions are all based on the company's headquarters of Menlo Park, California, and are as follows:
- Data Scientist, Blockchain
- Data Engineer, Blockchain
- Software Engineer, Blockchain
- Software Engineer (University Graduate), Blockchain
- Product Marketing Lead
A screenshot of facebook's career page with the 5 job openings has been provided below.
What Could They Be Building at Facebook?
The last job opening in the list is for 'Production Marketing Lead'. The career candidate is going to explain the successful candidate.
Our blockchain team is fundamental to that mission and we are looking for an experienced leader to build and manage a new product marketing team focused on exploring the opportunity the blockchain will bring.
This person will be responsible for creating our product strategy for developers and consumers, managing our product go-to-market plans and coordinating a cross-functional team.
Another aspect of the job opening is that its minimum qualifications requires the preferred candidate to have experience with payments or the blockchain.
History of facebook and Crypto
Facebook platform has had a tumultuous history with cryptocurrencies and blockchain products. The site had a blanket ban on all the crypto and blockchain related advertisements for fear that were using the platform to advertise scams. The ban took effect in January this year.
The team had noticed the potential for these advertisements. The company however put in place a screening process for projects.
Facebook Cryptocurrency and Blockchain Platform
It is only natural to assume the idea of a cryptocurrency on facebook blockchain network has crossed their minds.
Back in August, we saw facebook's blokchain boss, David Marcus, leave the board of coinbase to avoid a 'confict of interest' between the two firms. There was also rumors in the crypto-verse that Stellar (XLM) and facebook were ironing out to partnership.
With the firm's vast data centers, creating or integrating an existing blockchain network would not be a problem. Integrating nodes into these facilities would be easy as one, two, three.
Conclusion
The new job openings at facebook have all pointed towards the social media giant doing more than just using blockchain technology. With over 2 Billion active monthly users, Facebook can not ignore the fact that such a user base can use a native cryptocurrency for the following purposes:
- Pay for subscriptions on the social media platform
- Pay for ads not to be displayed on their news feed
- Rewarding users for CPU usage (mining)
- Tipping rather than just liking posts
- Paying business ads on the platform
- Expanding its already existing marketplace
- Launching a crypto wallet with exchange services
- Micropayments fused with cross-border transactions
What are your thoughts on the recent job openings at facebook related to blockchain technology? Do you think they could be working on a cryptocurency? Please let us know in the comment section below.
Disclaimer: This article is not meant to give financial advice. Any other opinion is in the opinion of Ethereum World News or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you.
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